Tritium DCFC (DCFC)


December 18, 2023

DCFC: Discontinuing Coverage

By Steven Fox

Due to a reallocation of resources, Fox Advisors is discontinuing coverage of Tritium (DCFC – $0.20 – Last Rating: Not Rated – Price Target: NA). Effective immediately, our rating, price target, disclosures and estimates are…

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August 9, 2023

DCFC: Changing Rating

By Steven Fox

We move our rating on the shares of Tritium (DCFC; $1.18) from Outperform to No Rating given that the stock continues to trade below $5, which we think leaves it at “tough to call” levels,…

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June 21, 2023

DCFC: Fireside Chat Further Points to an Undervalued Business

By Steven Fox

We hosted a “fireside chat” yesterday at our Transportation Technology Conference with Tritium’s (DCFC; $1.02; O/P) CFO Rob Topol. The conversation emphasized some highly underappreciated aspects to the company’s business model and its robust future…

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May 11, 2023

DCFC: More Positive Top Line News

By Steven Fox

This morning, Tritium (DCFC; $1.03; O/P) offered up a positive update to its C2023E outlook, which we think reflects ongoing robust demand for its DC fast and ultra-fast chargers on top of solid execution around…

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April 18, 2023

DCFC: An Interesting Kiwi Deal

By Steven Fox

Yesterday (4/17), Tritium (DCFC; $1.15; O/P) announced it entered into a partnership with Jump Charging, which is a provider of electric vehicle charging and green hydrogen fueling infrastructure for commercial fleet applications in New Zealand….

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March 9, 2023

DCFC: Some Positive Nuggets in Full Financial Release

By Steven Fox

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)….

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January 23, 2023

DCFC: More Support for Analyst Day Bullishness

By Steven Fox

This morning, Tritium (DCFC; $1.40; O/P) formally disclosed that it signed a new DC fast charger supply agreement with evyve, which is a fast and ultra-fast charging network operator in the United Kingdom. We think…

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January 23, 2023

DCFC: Analyst Day Highlights Manufacturing Progress

By Steven Fox

Last Thursday (1/19), we attended Tritium’s (DCFC; $1.31; O/P) Analyst Day in Lebanon, TN, where we discussed the company’s business plan and expanding EV charging opportunity with CEO Jan Hunter; CFO Rob Topol; David Toomey,…

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January 17, 2023

DCFC: Another Positive Business Update

By Steven Fox

This morning, Tritium (DCFC; $1.76; O/P) provided a business update ahead of its Analyst Day on Thursday (1/19), which will be hosted at its new manufacturing facility in Lebanon, TN. The press release highlighted continued…

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December 13, 2022

DCFC: Some Important Bullish Signals

By Steven Fox

This morning, Tritium (DCFC; $1.28; O/P) announced plans in a 6-K for a business update in the “latter half” of January, including an Analyst Day. Importantly, the company plans to host the meeting at its…

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December 8, 2022

DCFC: More Positive Demand Indicators from a Major Customer

By Steven Fox

This morning, bp (BP; $34.10; NR), which we believe to be a “top five” customer of Tritium’s (DCFC; $1.07; O/P) announced it signed an exclusive agreement to install and operate direct current (DC) fast chargers…

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November 10, 2022

DCFC: Adds to Recent String of Wins

By Steven Fox

Yesterday (11/9), Tritium (DCFC; $1.61; O/P) announced it signed a new supply agreement with EasyGo, which currently manages and operates ~2,400 battery electric vehicle charging points that are used by 30K+ drivers, both directly and…

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October 25, 2022

Forms Partnership to Accelerate Charger Deployments

By Steven Fox

This morning, Tritium (DCFC; $2.36; O/P) announced a partnership with DC-America, which designs and installs battery electric vehicle (BEV) charging locations in the U.S. Specifically, DC-America will now work to install charging stations, which we…

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September 29, 2022

Notches Another New Win

By Steven Fox

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