All Reports

This morning, Tritium (DCFC; $1.66; O/P) provided full disclosure on its H2 of C2022 results and outlook, much of which was already discussed at its Analyst Day in January (“Analyst Day Highlights Manufacturing Progress”; 1/23)….

Earlier this week (3/7), we attended Visteon’s (VC; $170.57; NR) highly informative Investor Day in New York, which highlighted attractive content trends around digital cockpit electronics, in-vehicle displays and electrification, which should remain key mobility…

We reiterate our Outperform on Jabil shares (JBL; $84.84; O/P) ahead of its FQ2 (Feb) results and outlook, scheduled for next Thursday (3/16 before market). We are comfortable with our FQ2E sales, operating margin, and…

Yesterday, we attended Visteon’s (VC; $168.55; NR) Investor Day in New York, which among other things, provided further support for the idea that Corning’s (GLW; $34.42; E/W) Automotive Glass Solutions’ business is well positioned to…

We have had some time to reflect on last Tuesday’s (2/28) Luminar Day in Orlando, Florida, which we attended in-person. The meeting provided us an opportunity to catch up on the quickly expanding investment story…

Yesterday, we attended the Optical Networking and Communications Conference (OFC) in San Diego, where we toured Corning’s (GLW; $34.44; E/W) trade show booth and sat in on CEO Wendell Weeks’ Plenary Session. Our meetings highlighted…

On Monday (3/6), we hosted an investor meeting in Tempe, AZ with Benchmark Electronics (BHE; $23.82; O/P) CEO Jeff Benck at its headquarters, after which we toured one of its newest electronics manufacturing services (EMS)…

We think recent news flow further highlights how Uber Technologies (UBER; $34.57; O/P), as well as DoorDash (DASH; $57.34; E/W), continue to build out commercial partnerships within increasingly important non-restaurant categories to drive revenues, including…

We think Tesla’s (TSLA; $199.25; NR) Investor Day on Wednesday (3/1) provided further support for the idea that electronics manufacturing service (EMS) providers, especially Flex (FLEX; $23.03; O/P) and Jabil (JBL; $85.47; O/P), as well…

Earlier this week, Hyliion (HYLN; $2.80; NR) announced a new partnership with Hyzon Motors (HYZN; $1.25) to develop a prototype of a heavy-duty hydrogen-based fuel cell electric vehicle (FCEV). We think this news further highlights…

We cut F2024E (Jan) EPS for Dell Technologies (DELL; $40.17; E/W) from $6.10 to $5.15 after the company’s FQ1E (Apr) and full F2024E outlook disappointed, as we warned was likely. Dell pointed to weakening demand…

ChargePoint (CHPT; $11.26; O/P) produced another quarter of robust sales growth in FQ4 (Jan), albeit somewhat below Street expectations, with further gross margin improvements and opex discipline that led to better than expected operating losses….

Micron (MU; $54.87; E/W) provided an incrementally bearish update when CFO Mark Murphy, along with Manish Bhatia (EVP, Global Operations) presented at an investor conference earlier this morning. Basically, the detailed commentary provided yet another…

We reviewed Lyft’s (LYFT; $9.94; E/W) 10-K, which was filed on Monday (2/27). The document further highlighted how rising insurance costs and newly required reserve adjustments pressured the company’s cost of revenue and thus adjusted…

Yesterday, Luminar Technologies (LAZR; $8.95; NR) announced it acquired Seagate’s (STX; $64.56; E/W) LiDAR (Light Detection and Ranging) program back in January. Terms of the transaction were not announced and this agreement was not previously…