Out Fox The $treet

Update - Dec. 16, 2025 J.P. Morgan cut the price target to $100, down from $145, due to questions on engagement and user headwinds. The stock is getting  cheap at close to 7x '26 sales while the market is over thinking the engagement  headwinds after nearly  100% growth in Q3.  The research firm said they are positive on RBLX’s longer-term positioning in the video game  ecosystem but think shares could take a breather in 2026 from engagement headwinds, slowing bookings growth, and margin compression. JPM said engagement trends have started to moderate, with most viral experiences past their peaks. They expect an engagement headwind from the facial age estimation rollout in January and estimate the Russia ban could impact up to 10M DAUs. Update - Oct. 30, 2025  Roblox reported massive Q3'25 growth with bookings up 70% to $1.9 billion. The stock is down roughly 10% with the market lost focusing on GAAP revenue and net loss metrics, which don't fully incorpora...

Update - Dec. 12, 2025 As predicted, Trulieve Cannabis was a buy on dips. The stock is only back to the previous price with Trump now expected to sign an executive order on Monday. -Cannabis stock extended premarket gains in regular trading on Friday after CNBC reported that President Donald Trump is expected to sign his much-anticipated executive order to reclassify marijuana as a less dangerous drug as early as Monday. -The president is actively drafting an executive order on rescheduling to be released on Monday, according to the report, which cited a source familiar with the matter. Original article posted on Oct. 1 Trulieve Cannabis remains deeply undervalued despite recent rallies driven by political statements supporting CBD and potential cannabis reform. The MSO faces significant tax overhang due to 280E but maintains strong operating cash flow and minimal capital requirements, with $401 million in cash. Trulieve is positioned for growth with catalysts like Florida adult-use...

  Gemini Space Station trades well below its IPO price, presenting a value opportunity after a sharp post-IPO decline. The crypto exchange already reported Q3'25 revenues surged 52% QoQ to nearly $50 million, with diversified growth from credit cards, staking, and advisory services. Securing a CFTC license for U.S. prediction markets and expanding derivatives offerings are major catalysts for future growth. Despite current losses, GEMI targets rapid revenue expansion to $321 million by 2026 and nearly $500 million by 2027, supporting an ultra-bullish outlook. 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 » Gemini Space Station, Inc. ( GEMI ) quickly went from a hot IPO to a beaten-down stock. The crypto exchange run by the Winklevoss twins is now entering the prediction markets with investors able to buy  the stock far below the IPO price. My investment thesis is ultra Bull...

  Albemarle is rebounding as lithium prices rise and demand remains strong, supporting a bullish investment thesis. The lithium miner has achieved positive cash flow even at low lithium prices, demonstrating operational sustainability and financial discipline. ESS demand is contributing to a boost in lithium prices, with soaring demand for stationary storage boosting an already strong EV market. The stock remains undervalued at the potential of trading at only 6x adj. EBITDA targets in 2026. Albemarle Corporation  ( ALB ) continues to rally back from the dead due to higher lithium prices and market realization that demand remains strong. A big key to the investment story is the lithium miner becoming cash flow positive even with  low lithium prices while now set to thrive due to soaring prices. My  investment thesis  remains ultra Bullish on the stock, even at yearly highs. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please ...

Update - Nov. 18, 2025 Cloudflare could roundtrip all the way back down to $120. The stock still trades at 26x '26 sales targets despite causing this major outage today.  -Update: Cloudflare said it was starting to see some services recover, but “customers may continue to observe higher-than-normal error rates as we continue remediation efforts.” -Cloudflare (NET) shares slid 3.9% in premarket trading on Tuesday as a major outage at the internet security company has disrupted major apps, including X, ChatGPT and others. “Cloudflare is aware of, and investigating an issue which impacts multiple customers: Widespread 500 errors, Cloudflare Dashboard and API also failing,” the company said in a post on its systems status page. “We are working to understand the full impact and mitigate this problem. More updates to follow shortly.” 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 » Ori...

  XPeng delivered a standout Q3'25, with sales up over 100% and EV deliveries surging 149% year-over-year. XPEV's affordable Mona EV lineup drove record volumes, while the company pushes into robotaxi and humanoid robot markets, boosting its tech profile. Despite strong sales and improving margins, XPEV remains unprofitable, but forecasts a small Q4 profit and holds a solid cash position. Shares trade at a low valuation versus peers, offering an attractive risk/reward as XPEV evolves into a global tech leader beyond EVs. Only a year ago, the Chinese EV market appeared overly competitive, now, players like  Xpeng Inc.  ( XPEV ) are expanding far beyond just manufacturing vehicles. The company reported a solid Q3'25 with EV volumes far above prior year levels, but the  real excitement is in the robotaxi and humanoid robots opportunities. My  investment thesis  is Bullish, though one buying now has already missed a lot of the easy money over the last year or s...

Update - Nov. 13, 2025 Hims & Hers Health has slipped below key support around $40. The online health and wellness platform is getting incredibly cheap at just 3x '26 sales estimates of $2.8 billion. The company even just launched Labs, a preventative care lab test.  Original article posted on Oct. 20 Hims & Hers Health launched menopause and low testosterone products in the last month, expanding its addressable market and supporting its $6.5 billion 2030 revenue target. Recent product launches, including at-home lab testing, are expected to boost ARPU and drive significant revenue growth for HIMS in coming years. The stock market over reacted to planned stock sells by the CEO. Current weakness in HIMS shares presents a buying opportunity, with the stock trading at just 4x projected 2026 sales and robust long-term potential. 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 ...

Upstart Holdings, Inc. experienced a disappointing quarter, with AI model errors and analyst mistakes contributing to weak results and a significant stock decline. The AI lending platform misinterpreted macroeconomic signals, reducing loan approvals and missing revenue estimates despite strong demand and industry peers performing well. UPST stock now trades at a low valuation, around 4x 2026 sales and 16x 2026 EPS targets, making it attractive for value-oriented investors despite execution concerns. 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 » Despite a good market,  Upstart Holdings, Inc.  ( UPST ) had a very disappointing quarter. The AI lending platform trades at the lows as the company was both hit by an analyst error and internal  mistakes. My  investment thesis  is Bullish on the the stock due to falling over 50% in the last few months, not necessari...

Update - Nov. 11, 2025 At the recent Investor Day, LendingClub outlined a medium term path to boost total loan originations to ~$20 billion. The fintech would finally top the prior peak levels and double current originations.  The stock is cheap at 12x '26 EPS targets. LendingClub has the opportunity to push financials and the stock if far higher levels. The biggest concern is that the company doesn't move fast enough.  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 » Original article posted on Oct. 27 LendingClub delivered another strong quarter, beating Q3'25 estimates and driving shares to multi-year highs. LC's loan originations remain below bullish expectations, but a $1 billion BlackRock financing deal and higher marketing spend could drive future growth. The stock now trades at 1.5x tangible book value, but LendingClub is still cheap at only 12x 2026 EPS targets tha...

  Rivian Automotive is poised for major growth with the upcoming R2 SUV launch, targeting a broader, more affordable EV market segment. RIVN's strong Q3 results, robust technology initiatives, and partnerships with Volkswagen and Mind Robotics highlight its evolution into a tech-driven EV leader. The company has ample liquidity, ambitious production expansion plans, and trades at a significant valuation discount to peers like Tesla and Lucid. With the R2 launch and upcoming Autonomous & AI Day as catalysts, RIVN is a compelling buy on any weakness before its next growth phase. Rivian Automotive, Inc.  ( RIVN ) is making huge progress towards launching the R2 SUV, vastly broadening the market opportunity. The new vehicle allows the EV manufacturer to enter mainstream auto with a list price below  the current average selling prices. My  investment thesis  remains ultra-Bullish with the launch of the R2 and other tech. Initiatives reinvigorating the growth stor...

 Update - Nov. 5, 2025 Perplexity AI deal completely changes the investment story when combined with subscriptions. The AHs trade at $9 is just the start of the AI rally.  -Starting in early 2026, Perplexity will appear in the chat interface for Snapchat users around the world, the companies said. -Perplexity will pay Snap $400M over one year, through a combination of cash and equity, as the company rolls the service out globally. Snap expects revenue from the partnership to begin contributing in 2026. Original article posted on Aug. 8 Snap's post-earnings slump is overdone; the market is ignoring strong subscription growth and undervaluing future revenue streams. The social messaging subscription business is gaining traction, with nearly 16 million subscribers and new higher-priced tiers like Lens+ and Platinum boosting potential revenue. Despite weak ad growth, Snap's Q3 guidance beats consensus, and the stock trades at a deep discount compared to peers like Pinterest and Re...

  Roku is positioned for strong growth, turning $100 into a solid support level after robust Q3'25 results. ROKU's platform revenues surged 17%, outpacing user engagement growth, with monetization initiatives expected to drive higher ARPU and revenue. The streaming platform is accelerating profits, with EBITDA nearly doubling by 2027 and a substantial cash hoard supporting share repurchases and future investments. Investors should view any pullback to $100 as a buying opportunity, given ROKU's multi-year growth trajectory and innovative monetization strategies. Roku, Inc.  ( ROKU ) traded at $100 heading into earnings, and the stock appeared doomed to another selloff. The market appeared disappointed with the guidance for the current quarter, but the company highlighted strong growth driver turning the  resistance at $100 into strong support going forward. My  investment thesis  remains ultra Bullish on Roku, with the streaming platform continuing to drive stron...

Update - Oct. 28, 2025  The big AI deals just keep coming. -TeraWulf shares jumped 20% in Tuesday morning trading after the company said it struck a 25-year AI compute joint venture with Fluidstack to build 168 megawatts of high-performance computing ("HPC") capacity at its Texas campus. -The deal represents about $9.5B in contracted revenue to the joint venture, with TeraWulf holding a 51% stake. It's possible the lease term may be shortened to 20 or 15 years. The total cost of the project is expected to be $8M-$10M per MW of critical IT load. 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 » Original article posted on Oct. 9  TeraWulf is quickly transitioning from bitcoin mining to a digital infrastructure provider, securing major AI hosting contracts and Google backing. WULF's expanded deal with Fluidstack and a $3.2 billion Google commitment position the company for $...

Update - Oct. 23, 2025 Intel  beats weak guidance and hardly grows during an AI chip boom, market cheers anyway with weak guidance for Q4. The market just seems to get dumber and dumber. -Q3 Non-GAAP EPS of $0.23 beats by $0.22. -Revenue of $13.7B (+3.2% Y/Y) beats by $560M. Q4 Guidance  Revenue guidance of $13.4B vs. consensus of $13.37B EPS guidance of $0.08 consensus of $0.08 Original article posted on Oct. 7 Intel has surged despite no fundamental improvements in its foundry business or AI capabilities, making the rally appear irrational. The chip company has signed deals with Nvidia and the U.S. government for cash infusions provides liquidity but do not solve the lack of HPC foundry customers or AI solutions. IFS continues to report massive losses, and competitors like AMD and TSMC show no signs of meaningful collaboration with INTC on premium chips. The stock is extremely expensive at over 30x '27 EPS targets, investors are advised to use the rally to exit positions as ...

Update - Oct. 22, 2025 Avride gets a $375 million investment from Nebius Group (NBIS) and Uber Tech. (UBER). The company owned by Nebius is actively planning to launch a robotaxi service with Uber in Dallas and already has delivery robots in Jersey City, Austin and Dallas.  Nebius has slipped below $100 as the hot stocks continue to selloff this week. The stock is cheap compared to the large AI growth opportunities in the next few years with Avride and other investments mostly overlooked.  The stock definitely has some short-term trading risk on whether the gap is closed all the way to just above $60. The Microsoft home-run deal would seem to provide more support, but possibly not.  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 » Update - Oct. 2, 2025 Nebius jumps over $120 on more details from the big Microsoft deal. The market appears overly concerned Microsoft isn't...