tag:blogger.com,1999:blog-33469676755532129502024-03-14T08:53:47.322-05:00Out Fox The $treetMark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.comBlogger2976125tag:blogger.com,1999:blog-3346967675553212950.post-21256319537524843612024-03-14T08:31:00.006-05:002024-03-14T08:53:14.931-05:00SoundHound: Too Much AI Hype Heading Into Q4 Earnings (Rating Downgrade)Update - March 14, 2024SoundHound AI continues to surge despite reporting a disappointing Q4'23 and guiding to disappointing numbers for 2024 and 2025 as follows: 2024 - $70M2025 - $100MThe stock has surged to a $3 billion market cap for no logical reason. Original article posted Feb. 27 SoftBank and Nvidia have made small investments in SoundHound AI, bringing attention Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-47450229592600769002024-03-06T14:30:00.003-06:002024-03-06T14:30:39.696-06:00 Innoviz Technologies: Ready To Fly Innoviz Technologies reported a blockbuster quarter with revenues surging 846%.The Lidar company made strong progress with key customers BMW and Volkswagen and grew a massive order book.The stock has a minimal market cap for the opportunity ahead while the company has reduced costs to limit cash burn.Last week, Innoviz Technologies (NASDAQ:INVZ) confirmed the company is moving Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-80922703032402876502024-02-29T10:38:00.008-06:002024-02-29T10:42:27.617-06:00Celsius: Only Getting StartedUpdate - Feb. 29, 2024Prior to the market open, Celsius reported another strong quarter. The energy drink company again smashed sales estimates and grew by nearly 95%. The stock has surged to new ATHs in no surprise considering the prime EV/S multiple nearly matched the one for Monster Beverage (MNST) with far lower growth. -Q4 GAAP EPS of $0.17 misses by $0.01.-Revenue of $347M (+94.9% Y/Y)Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-14779188373028808602024-02-15T12:31:00.003-06:002024-02-15T12:31:20.011-06:00Lumen Technologies: Don't Mistakenly Look BackLumen Technologies' Q4'24 results show all key metrics in decline, indicating the business has not turned around.The company's perpetual restructuring and constant race to the bottom are major issues for its turnaround strategy.Lumen's debt restructuring has resulted in higher interest expenses of $175 million at the midpoint hitting cash flows, making it a stock to avoid.Looking for a portfolio Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-26932520541117461572024-02-06T16:37:00.005-06:002024-02-14T00:14:30.399-06:00Snap Up More SharesUpdate - February 6, 2024Q4 numbers were solid, but the market isn't happy. Snap is down some 30% after hours despite guiding towards Q1 revenue growth of up to 15%. The stock is a bargain on massive weakness due to the strong move towards subscriptions. -Q4 Non-GAAP EPS of $0.08 beats by $0.02.-Rev of $1.36B (+5% Y/Y) misses by $20M.-DAUs increased 10% year-over-year to 414 Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-66451388701312669352024-02-01T08:25:00.008-06:002024-02-14T00:14:39.040-06:00DraftKings: Missed The Inflection Point Bottom DraftKings has shifted from reporting large losses to achieving EBITDA profits, making the stock more attractive to investors.The company forecasts a surge in the total addressable market for sports gaming, with a revenue target of $7.1 billion by 2028.The stock is still relatively cheap at ~8.5x the 2028 EBITDA targets without any additional states gaining legalization.Looking for a Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-33549184098834512222024-01-29T12:51:00.004-06:002024-01-29T12:51:32.528-06:00Luminar Technologies: Full Speed AheadLuminar Technologies is trading at all-time lows, but has a strong lineup and large contracts with auto manufacturers set to ramp in 2024.The company showcased its Lidar technology at CES 2024, featuring in various exhibits and debuting new features.The stock has a market cap of a fraction of the order book, forecast to have already topped $4.4 billion.Luminar Technologies (NASDAQ:LAZR) is Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-40136046758406797422024-01-22T16:55:00.000-06:002024-01-22T16:55:00.499-06:00Rivian: Thank You, Ford! Rivian is benefiting from less competition in the EV space as other automakers pull back from EV production.The company has hit its EV production targets and should have a key shift to profit gross margins later this year.The stock is cheap in comparison to peers, especially considering the forecasted higher growth rates topping 40% through 2027.As some automakers pull back from producing Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-37063912194250919972024-01-22T13:40:00.001-06:002024-01-22T13:42:41.986-06:00Rumble: Scrapping Along The BottomUpdate - Jan. 22, 2024The BarStool Sports deal is very promising, especially considering the push to promote Rumble. The company didn't provide any financial details on the partnership and a large guaranteed payment could actually be a negative. The stock remains interesting below $5. Update - Jan. 11, 2024Rumble continues to collapse this week likely due to Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-91581408126978023252024-01-09T14:04:00.003-06:002024-01-09T14:04:37.785-06:00Ouster: Hidden Lidar BoomUpdate - January 9, 2024Ouster continues to hit targets setting up a likely rally in 2024 with a more bullish trend in Lidar stocks. -Ouster, Inc. (NYSE:OUST) expects Q4 2023 revenue to be at or above the midpoint of the guidance range of $23 to $25 million previously provided on November 9, 2023.Original article posted on Nov. 28Ouster, Inc. reports consistent bookings far exceeding Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-16409936212844988662024-01-05T12:19:00.002-06:002024-01-05T12:19:27.642-06:00ZIM: Fade The Houthi Induced Rally (Rating Downgrade)Update - Jan. 5, 2023ZIM has surged to $15 due to ongoing issues in the Red Sea with the Houthi's attacking container ships. While shipping rates have surged, the issues will just add to the capacity problems through 2025 with new vessels coming online, instead of low rates revolving the problems.-New container shipping equal to about 11% of the current fleet will enter the seas this year, Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-21043074808016375172024-01-04T13:23:00.006-06:002024-01-04T13:23:56.147-06:00Mobileye: Damaged Goods Mobileye Global warns of inventory issues and expects 2024 guidance to fall far short due to excess supplies caused by double EyeQ ordering during Covid.The ADAS chip company guided to 2024 revenues of only $1.9 billion suggesting a bigger problem than the 6 to 7 million excess chip inventory at Tier 1 customers.MBLY stock still trades at an elevated 12x 2024 sales targets despite the 25% Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-67958688806637723962023-12-19T10:00:00.000-06:002023-12-19T10:06:37.066-06:00C3.ai: Stalled For Now, But AI Pipeline Building (Rating Upgrade)Update - Dec. 19, 2023C3.ai appears set for another breakout. The stock gets expensive really quick. Original article posted on Dec. 7C3.ai, Inc. announces quarterly results that miss consensus estimates, marking three consecutive quarters without growth.The enterprise AI software company is focused on building its pipeline and increasing customer engagements, but the market remains Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-80476846793882103142023-12-15T10:00:00.000-06:002023-12-15T13:04:53.134-06:00Roku: Embrace Q4 VolatilityUpdate - Dec. 15, 2023MofettNathanson has been wrong about Roku all year with the $64 price target heading into this downgrade. The market actually following this call by selling off the stock is mind numbing. -Roku's (NASDAQ:ROKU) stock fell about 2% premarket on Friday after MoffettNathanson downgraded the shares to Sell from Neutral.-The firm cut the rating but raised its price target to Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-60535024043728266832023-12-13T09:00:00.001-06:002023-12-14T09:02:32.017-06:00Celsius: Load Up On The PullbackDespite a strong quarter, Celsius Holdings' stock has slumped due in part to a recent stock split, providing a buying opportunity.Demand for Celsius energy drinks remains strong, with potential for international growth to help the company maintain strong growth rates, though rates will decelerate.The stock is priced at a similar valuation multiple to a peer with much lower growth rates.Despite Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-1701233106208610282023-12-12T13:20:00.000-06:002023-12-12T13:26:15.378-06:00Snap: 5 Million Reasons To OwnUpdate - Dec. 12, 2023Snapchat+ continues lining up the subs sending Snap to yearly highs. -Snap (NYSE:SNAP) on Tuesday said its paid Snapchat+ subscription service now had more than 7M subscribers, and that it was rolling out new artificial intelligence (AI) based features for users.-The company had targeted 10M subscribers for the service when it had launched Snapchat+ in Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-41793596386486043292023-12-08T09:00:00.000-06:002023-12-08T09:00:48.587-06:00Carnival Corporation: Big Q3 Coming UpUpdate - Dec. 8, 2023Carnival is already up over 30% since the last bullish call in late September and over 50% above the late October lows. The cruise lines are set to power ahead with massive earnings in 2024 and debt repayment will only further boost profits. CCL has at least a $2 to $3 EPS in out years. Original article posted on Sept. 27 Carnival Corporation & plc is expected Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-10414731847191713912023-12-08T06:00:00.002-06:002023-12-08T09:03:28.459-06:00Yext: Flawed Focus On Profits Yext reported disappointing Q3 results with only 2% growth despite hype around AI.YEXT's focus on profits over growth has hurt stock performance.The stock is now a call option on management's ability to return the business to growth with Yext trading at only 1x EV/S targets.Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-38602125234290826762023-11-20T15:23:00.000-06:002023-11-20T15:23:09.003-06:00C3.ai, Inc.: Not Spectacular Enough (Rating Downgrade)Update - Nov. 20 C3.ai still doesn't appear to be riding the AI wave. Job cuts are an opportunity to improve efficiency, but this company should have the growth to make job cuts unnecessary. C3.ai (NYSE:AI) shares erased earlier gains and fell nearly 6% on Monday amid a report that the enterprise software company is cutting jobs.The job cuts, which happened across multiple Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-45104674603214231952023-11-20T15:19:00.003-06:002023-11-22T12:18:31.803-06:00SoFi: Another Gift SoFi Technologies continues to report strong growth but trades at a low valuation, disconnected from its results.The company hiked adjusted EBITDA guidance for 2023 by 16%, yet SoFi now trades lower.The stock trades at only 11x '24 adjusted EBITDA targets, which are equivalent to adjusted profits.Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-59684365083541936132023-11-15T14:50:00.002-06:002023-11-15T14:56:20.663-06:00Luminar: Focus On Progress, Not Volvo DelaysUpdate - Nov. 15Good sign Luminar has finally hit bottom. The stock has rallied over 13% after the reversal on Nov. 14. Original article posted on Nov. 10Luminar Technologies, Inc. faces production start delays at a key partner that limited revenue ramp in 2023.The Lidar company was hit by multiple project delays in the last quarter, contributing to a Q3 2023 miss, though revenues should Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-44256028396354943902023-11-15T07:00:00.001-06:002023-11-15T15:17:58.874-06:00AMD: Promising Upside By 2025 Advanced Micro Devices, Inc.'s Q3 results and guidance initially disappointed the market, but the stock has rallied to multi-month highs.The launch of AI chips could drive the stock to all-time highs, with projected AI revenue exceeding $2 billion in 2024 alone.The stock trades at a base case of only 20x '25 EPS targets, but AI GPU chip sales could provide a substantial boost to Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-46211902719969939012023-11-13T19:00:00.000-06:002023-11-14T12:06:10.496-06:00Novavax: The COVID Gig Is Over Novavax, Inc. reported Q3 2023 numbers above consensus estimates based almost solely on grant revenue.The company cut guidance for 2023 revenues and even pushed out a large portion of those revenues to Q1 2024 due to weak COVID vaccine demand.The stock continues to decline as the company remains disconnected from the market demand for COVID vaccines.Novavax, Inc. (NASDAQ:NVAX) Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-50614867437236128922023-10-31T10:34:00.006-05:002023-10-31T10:35:34.704-05:00Innoviz: Recovering From Devastating Capital RaiseUpdate - Oct. 31, 2023Innoviz is seeing a nice bounce about a week after the company confirmed strong guidance for the 2H. The Lidar forecast Q3 sales doubling sequentially, ye the stock trades at all-time lows. Original article published on Oct. 12Innoviz Technologies Ltd. completed a capital raise below the market price, causing the stock to plunge.The Lidar company eventually needed more Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0tag:blogger.com,1999:blog-3346967675553212950.post-552617708781060242023-10-31T09:51:00.003-05:002023-10-31T09:52:00.748-05:00Pinterest: Spooktacular Quarter Pinterest, Inc. reported record Monthly Average Users while smashing Q3 2023 targets.The company is generating substantial leverage leading to strong cash flows.The stock is cheap at only ~20x updated EPS targets for 2024, while the social commerce opportunity is still only in the early stages.Out Fox The Street members get exclusive access to our real-world portfolios. See all of our Mark Holderhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.com0