Out Fox The $treet

  Velodyne Lidar has fallen all the way to $3 despite the company building a strong pipeline. The Lidar sensor space remains on a path for a huge sales ramp over the next few years. The stock only trades at ~1.5x more conservative '24 sales targets. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio.  Learn More » Velodyne Lidar  ( VLDR ) has been the poster child for failed SPAC deals. Since completing the deal in early 2021, the company has missed financial targets and ran into internal management issues with the founder. Despite all these issues, my  investment thesis  remains Bullish on the stock and the Lidar sector due to the business ramp on the horizon while the stock trades at the lows around just $3. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.  Update - Mar. 7  Interesting to see the ...

  Velodyne Lidar reported another disaster quarter with Q3'21 revenues missing analyst targets by a wide margin. The company guided to ongoing weakness in Q4'21, but the contract pipeline continues to build. The stock only trades at ~3x conservative '23 revenue targets, but the turnaround will be volatile. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » In just a year as a public company,  Velodyne Lidar  ( VLDR ) has gone from lidar sensor market leader to a dysfunctional company. The market opportunity remains as impressive as prior, but the company has to improve execution in the competitive market. My  investment thesis  remains Bullish on the stock due to the strong contract pipeline and reduced market cap. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.  Update - Jan. 11 Nice contract, but t...

  Velodyne Lidar reported a solid Q1 earnings report, but the company disappointed with the 2021 guidance. The company still expects sales to accelerate once Covid restrictions are lifted in areas like Europe and Asia. The stock is cheap with a $2 billion valuation and 29 multi-year agreements already in place. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » The biggest issue when the lidar sensor companies came public via SPACs was whether the market could handle the unpredictable nature of the development phase in the space. Velodyne Lidar ( VLDR ) continues to add multi-year agreements and expand the pipeline, but the stock has fallen due to disappointing quarterly results. My  investment thesis  remains bullish on the stock and the sector. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.  Update - July 1...