All Reports

This morning, Corning (GLW; $45.68; O/P) announced an agreement with Suniva, a North America based manufacturer of monocrystalline solar cells, and Heliene, a producer of solar photovoltaic (PV) modules, to supply the U.S. market with…

This morning, Uber Technologies (UBER; $77.05; O/P) announced a new on-demand grocery delivery partnership with FreshDirect, an online fresh food grocer that delivers perishable foods to parts of Connecticut, New Jersey and New York. Keep…

This morning, Jabil (JBL; $141.53; O/P) announced plans to open a new manufacturing facility in Gujarat, India after signing a Memorandum of Understanding (MoU) with the Gujarat State Government of India in November. Importantly, this…

We think Nokia’s (NOK; $4.88; NR) $2.3B acquisition of Infinera, completed last Friday (2/28), potentially opens another new outsourcing opportunity for Fabrinet (FN; $190.35; O/P) in coming quarters, which would add further to the diversification…

This morning, Uber Technologies (UBER; $72.86; O/P) announced that the company’s rideshare network in Austin, TX is now offering its riders the option to now be matched with an autonomous vehicle (AV) from Alphabet’s (GOOGL;…

We think the recent plunge in the shares of Celestica (CLS; $92.80; O/P) is creating an excellent buying opportunity for investors willing to look out between now and the end of the year. The stock…

We bump up F2026E (Jan) non-GAAP EPS for Dell Technologies (DELL; $107.83; O/P) from $9.25 to $9.35 (+15% YoY vs. +11% in its just completed F2025) after FQ4 results and guidance lived up to expectations…

We adjust F2025/F2026E (Apr) EPS for NetApp (NTAP; $118.22; E/W) from $7.35/$8.05 to $7.23/$8.00, which equates to a still healthy average annual EPS growth of 11% across the two fiscal years. This is after NTAP…

NetApp (NTAP; $118.22; E/W) reported FQ3 (Jan) non-GAAP EPS of $1.91, which compared to our $1.92 and the Street’s $1.91 on somewhat lower than expected sales ($1,641mm vs. our $1,700mm and the Street’s $1,694mm). As…

We are raising our 2025E EBITDA for CommScope (COMM; $6.17; E/W) from $825mm 18.5% of sales) to $1,025mm (20.4% of sales) after the company produced a healthy Q4 beat with better-than-expected guidance for the New…

CommScope (COMM; $4.89; E/W) reported Q4 non-GAAP EPS of $0.18, which was well ahead of our $0.03 and the Street’s $0.02, albeit including $0.06 per share of favorable non-operating items that were not in our…

We initiate coverage of the shares of Sandisk (SNDK; $48.16) with an Equal-Weight post its separation from Western Digital (WDC; $49.07; O/P) on Monday (2/24) to once again be a publicly traded company; although WDC…

Maplebear, d/b/a Instacart (CART; $48.78; E/W), produced Q4 results and guidance that were a bit of a “mixed bag” relative to consensus expectations. On the plus side, Q4 EBITDA of $252mm (2.9% of Gross Transaction Value…

Maplebear, doing business as Instacart, (CART; $48.78; E/W) posted Q4 adjusted EBITDA of $252mm (2.9% of GTV), which was ahead of our forecast of $239mm (2.8% of GTV) and the Street’s $240mm (2.8% of GTV)….

This morning, the European Automotive Manufacturers Association released car registration data from the region for the month of January, which was below seasonal trends. Although, we note registrations included some positive battery electric vehicle (BEV)…