Out Fox The $treet

Update - Oct. 22, 2026  Amazing to see Netskope run to $22 when the stock didn't want the stock at $8 post-IPO. The stock isn't even overly expensive yet at 8x '27 sales when Cloudflare (NET) trades at nearly 30x sales.  Original article posted on Sept. 5 Netskope delivered robust 29% revenue growth and strong ARR momentum yet remains undervalued versus peers. NTSK's unified SASE platform is highly rated, supporting enterprise AI adoption while maintaining 77% gross margins and positive free cash flow guidance. The AI network and security play reported net ARR grew 27% YoY, while net new ARR reached $54 million, up about 10% YoY. The stock trades at just 6x forward sales, offering faster organic growth than a major peer and presenting a compelling buy on dips. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Netskope, Inc.   ( NTSK )  has generally been an overlook...

Update - Oct. 15, 2026 Neutron delay doesn't alter the business model, but an investor should be less willing to pay such a premium valuation for the stock. Rocket Lab still trades at over 25x '27 sales targets that will start slipping due to the Neutron launch slip into next year.  -Rocket Lab (RKLB) shares fell 7.3% in extended trading Wednesday after the space launch company pushed the inaugural flight of its Neutron rocket into 2027, citing manufacturing problems involving a carbon-composite component of the vehicle's first-stage propellant tank. -The after-hours decline followed a 7.9% drop during regular trading Wednesday, adding to investor concerns about the development timeline for the larger rocket, which is central to Rocket Lab's (RKLB) efforts to expand its launch business. -Chief Executive Peter Beck disclosed the delay in a video update Wednesday, explaining that inspections uncovered tiny air pockets, known as voids, between layers of carbon fiber in the...

Update Oct. 8, 2026 The Starlink Mobile threat just got real. Verizon won't trade well with this news, but unfortunately most investors ignored this risk.  The stock is down to $43 in after hours.  Original article posted on Jul. 26 Verizon Communications remains structurally challenged, with no revenue growth and intensifying competition from Starlink and satellite communications. The wireless giant beat EPS estimates in Q2'26 via cost cuts, but missed revenue by nearly $1B and reported falling revenues, highlighting weak underlying demand. Management's aggressive buybacks and $12B annual dividend persist despite $165B in debt and limited capex flexibility, raising long-term sustainability concerns. The stock faces the same structural issues that have generated limited returns the last decade compared to over 300% in the S&P 500. Verizon Communications Inc.  ( VZ ) got a nice pop from quarterly earnings, but the business continues to face structural problems. The wir...

Update - Oct. 8, 2026  Cerebras plummeted mid-day as confusing information surfaced regarding the revenue reported by key client OpenAI. Prior reports had suggested that ARR jumped to $70 billion despite sites like TickerTrends suggesting ARR was actually around $50 billion.  Now the market is viewing OpenAI revenue as slipping by $20 billion, but the reality is such a discrepancy in whether a site is reporting the gross ARR that includes payments to partners (Microsoft, AWS) or the new ARR. The financial picture of OpenAI isn't different.  Cerebras fell all the way to $161 on the news despite no impact to the $20+ billion deal with OpenAI. Apparently, the AI lab is already up to $55 billion in net ARR. The stock had fallen over $40 from the SemiAnalysis headlines to the OpenAI ARR drama, yet business is full-speed ahead.  Original article posed on Sept. 30 Cerebras Systems is undervalued amid confusing financials, despite massive AI market tailwinds and a $25B RPO, ...

  Micron Technology is positioned for multi-year growth, driven by strategic customer agreements and surging AI-related memory demand. MU's SCAs now cover 35% of revenues through 2030, with $150 billion in RPOs and potential revenues up to $433 billion, if pricing holds. Physical AI and autonomous vehicles are set to drive the next memory demand cycle, with humanoid robots requiring up to 20x the memory of premium smartphones. The stock trades at just 6x FY27 EPS estimates and is poised for aggressive buybacks; MU offers upside as elongated cycles and constrained supply support elevated earnings. Micron Technology, Inc.  ( MU ) remains a stock difficult to hold long term due to the normal cycle products in the memory space. Micron is silly cheap based on projected earnings, but the logical investor  has to fear a reversion to the mean with memory prices collapsing when the AI cycle ends. My  investment thesis  remains Bullish on the stock after holding the $1,05...

Update - Sept. 24, 2026 Any dip on the Oracle Project Jupiter dip is just a buying opportunity. The demand for on-site power isn't slowing down and Oracle still has plans to deploy up to 3 GW of fuel cells with Bloom Energy. -Bloom Energy ( BE ) shares fall 5.4% pre-market Thursday after Oracle ( ORCL ) sent the developer of its Project Jupiter data center site a notice citing force majeure, Bloomberg reported; the project is designed to be powered by Bloom Energy fuel cells. -Oracle, down 4.5% pre-market, reportedly is seeking to protect itself ​from potential cost increases related ‌to the New Mexico project in New Mexico by sending the notice to developer ​Blue Owl. -Oracle is aiming ​to delay payments if ⁠Project Jupiter fails to come online in 2028 as planned, rather than exiting ​as the ​main tenant, ⁠according to the report. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » ...