Breaking News

Wednesday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Ouster, Velodyne Lidar achieve guidance, announce combined board of directors » 21:21
02/01/23
02/01
21:21
02/01/23
21:21
OUST

Ouster

$1.47 /

+0.04 (+2.80%)

, VLDR

Velodyne Lidar

$1.21 /

+0.04 (+3.43%)

Ouster (OUST) and…

Ouster (OUST) and Velodyne Lidar (VLDR) "announced the proposed designations for the Board of Directors of the Combined Company, subject to approval by the Ouster Board of Directors and closing the proposed merger of equals. After careful deliberation in the months following the announcement of the proposed merger, Ouster and Velodyne each selected their four designees to serve as directors of the Combined Company after the proposed merger closes." The companies also announced that Ouster achieved its FY22 guidance of $40M to $55M in revenue and 25%-30% in gross margins. Velodyne exceeded its Q4 guidance of $13M and $15M in billings and $12M to $14M in revenue."

ShowHide Related Items >><<
VLDR Velodyne Lidar
$1.21 /

+0.04 (+3.43%)

OUST Ouster
$1.47 /

+0.04 (+2.80%)

OUST Ouster
$1.47 /

+0.04 (+2.80%)

12/07/22 Citi
Ouster downgraded to Neutral from Buy at Citi
11/09/22 Oppenheimer
Velodyne Lidar downgraded to Perform from Outperform at Oppenheimer
11/09/22 Craig-Hallum
Velodyne Lidar upgraded to Hold from Sell at Craig-Hallum
11/08/22 Baird
Ouster downgraded to Neutral from Outperform at Baird
VLDR Velodyne Lidar
$1.21 /

+0.04 (+3.43%)

12/07/22 Citi
Velodyne Lidar price target lowered to $1.30 from $1.70 at Citi
11/01/22 WestPark Capital
Velodyne Lidar initiated with an Underperform at WestPark Capital
VLDR Velodyne Lidar
$1.21 /

+0.04 (+3.43%)

OUST Ouster
$1.47 /

+0.04 (+2.80%)

OUST Ouster
$1.47 /

+0.04 (+2.80%)

Over a week ago
Hot Stocks
Velodyne Lidar has not yet reached stockholder votes required for Ouster merger » 05:24
01/24/23
01/24
05:24
01/24/23
05:24
VLDR

Velodyne Lidar

$1.00 /

+0.0511 (+5.39%)

, OUST

Ouster

$1.23 /

+0.085 (+7.46%)

Velodyne Lidar (VLDR) is…

Velodyne Lidar (VLDR) is urging stockholders to cast their votes in favor of the proposed merger with Ouster (OUST). As of January 23, over 97% of those voting have voted to approve the proposal to effect the merger. At this time, Velodyne has not reached the minimum quorum. Voters must cast their votes in order to be counted in the special meeting of stockholders on January 26. "We are pleased that our shareholders have overwhelmingly voted in favor of the proposed merger so far," said Ted Tewksbury, CEO and member of Velodyne's Board of Directors. Dr. Tewksbury will serve as Executive Chairman of the combined company upon the successful completion of the proposed merger. "The stockholders voting to date, including our management team and Board of Directors, recognize the transformative attributes and synergies of the transaction, which will best position the Company to generate long-term value for all stockholders." Tewksbury continued, "Voting by each of our stockholders is very important and every vote counts - no matter the size of your position. As a condition for the merger to proceed, we need over 50% of our outstanding shares to be voted affirmatively "FOR" the merger before the Special Meeting of Stockholders is held on January 26, 2023. At present, we have not reached the votes required for the meeting quorum. We urge stockholders of record to vote today and we thank you in advance for your support."

ShowHide Related Items >><<
VLDR Velodyne Lidar
$1.00 /

+0.0511 (+5.39%)

OUST Ouster
$1.23 /

+0.085 (+7.46%)

VLDR Velodyne Lidar
$1.00 /

+0.0511 (+5.39%)

12/07/22 Citi
Velodyne Lidar price target lowered to $1.30 from $1.70 at Citi
11/09/22 Oppenheimer
Velodyne Lidar downgraded to Perform from Outperform at Oppenheimer
11/09/22 Craig-Hallum
Velodyne Lidar upgraded to Hold from Sell at Craig-Hallum
11/01/22 WestPark Capital
Velodyne Lidar initiated with an Underperform at WestPark Capital
OUST Ouster
$1.23 /

+0.085 (+7.46%)

12/07/22 Citi
Ouster downgraded to Neutral from Buy at Citi
11/08/22 Baird
Ouster downgraded to Neutral from Outperform at Baird
VLDR Velodyne Lidar
$1.00 /

+0.0511 (+5.39%)

OUST Ouster
$1.23 /

+0.085 (+7.46%)

VLDR Velodyne Lidar
$1.00 /

+0.0511 (+5.39%)

Hot Stocks
Velodyne announces Glass, Lewis, & Co recommends stockholders vote 'FOR' merger » 09:08
01/12/23
01/12
09:08
01/12/23
09:08
VLDR

Velodyne Lidar

/

+

, OUST

Ouster

$1.09 /

-0.015 (-1.36%)

Velodyne Lidar (VLDR)…

Velodyne Lidar (VLDR) announced that independent proxy advisory firm Glass, Lewis & Co. has recommended that shareholders vote "FOR" the proposed merger with Ouster (OUST) at the Company's upcoming Special Meeting of Stockholders, scheduled for January 26, 2023. "The combination of Ouster and Velodyne is expected to unlock enormous synergies, creating a company with the scale and resources to deliver stronger solutions for customers and society, while accelerating time to profitability and enhancing value for shareholders," said Dr. Ted Tewksbury, CEO and member of Velodyne's Board of Directors. Dr. Tewksbury will serve as Executive Chairman of the combined company upon the successful completion of the proposed merger. "The merger is a transformational transaction that the Board believes best positions the company to generate long-term value for all stockholders," continued Dr. Tewksbury. "Velodyne is pleased that Glass Lewis shares the belief that the proposed merger with Ouster is in the best interests of Velodyne's stockholders and supports the Board's unanimous recommendation that shareholders vote "FOR" the transaction."

ShowHide Related Items >><<
VLDR Velodyne Lidar
/

+

OUST Ouster
$1.09 /

-0.015 (-1.36%)

VLDR Velodyne Lidar
/

+

12/07/22 Citi
Velodyne Lidar price target lowered to $1.30 from $1.70 at Citi
11/09/22 Oppenheimer
Velodyne Lidar downgraded to Perform from Outperform at Oppenheimer
11/09/22 Craig-Hallum
Velodyne Lidar upgraded to Hold from Sell at Craig-Hallum
11/01/22 WestPark Capital
Velodyne Lidar initiated with an Underperform at WestPark Capital
OUST Ouster
$1.09 /

-0.015 (-1.36%)

12/07/22 Citi
Ouster downgraded to Neutral from Buy at Citi
11/08/22 Baird
Ouster downgraded to Neutral from Outperform at Baird
VLDR Velodyne Lidar
/

+

OUST Ouster
$1.09 /

-0.015 (-1.36%)

VLDR Velodyne Lidar
/

+

Over a month ago
Recommendations
Velodyne Lidar price target lowered to $1.30 from $1.70 at Citi » 06:21
12/07/22
12/07
06:21
12/07/22
06:21
VLDR

Velodyne Lidar

$1.08 /

-0.105 (-8.90%)

Citi analyst Itay…

Citi analyst Itay Michaeli lowered the firm's price target on Velodyne Lidar to $1.30 from $1.70 and keeps a Neutral rating on the shares. The analyst updated his model for the Q3 results, recent events and other data points.

ShowHide Related Items >><<
VLDR Velodyne Lidar
$1.08 /

-0.105 (-8.90%)

VLDR Velodyne Lidar
$1.08 /

-0.105 (-8.90%)

11/09/22 Oppenheimer
Velodyne Lidar downgraded to Perform from Outperform at Oppenheimer
11/09/22 Craig-Hallum
Velodyne Lidar upgraded to Hold from Sell at Craig-Hallum
11/01/22 WestPark Capital
Velodyne Lidar initiated with an Underperform at WestPark Capital
09/20/22 JPMorgan
Velodyne Lidar initiated with an Underweight at JPMorgan
VLDR Velodyne Lidar
$1.08 /

-0.105 (-8.90%)

VLDR Velodyne Lidar
$1.08 /

-0.105 (-8.90%)

Hot Stocks
Velodyne Lidar signs multi-year agreement with GreenValley International » 06:48
11/17/22
11/17
06:48
11/17/22
06:48
VLDR

Velodyne Lidar

$1.04 /

-0.1 (-8.77%)

Velodyne Lidar announced…

Velodyne Lidar announced a multi-year agreement to provide its lidar sensors to GreenValley International for handheld, mobile and unmanned aerial vehicle 3D mapping solutions, including in GPS-denied environments. Velodyne is already shipping sensors to GreenValley as part of this agreement.

ShowHide Related Items >><<
VLDR Velodyne Lidar
$1.04 /

-0.1 (-8.77%)

VLDR Velodyne Lidar
$1.04 /

-0.1 (-8.77%)

11/09/22 Oppenheimer
Velodyne Lidar downgraded to Perform from Outperform at Oppenheimer
11/09/22 Craig-Hallum
Velodyne Lidar upgraded to Hold from Sell at Craig-Hallum
11/01/22 WestPark Capital
Velodyne Lidar initiated with an Underperform at WestPark Capital
09/20/22 JPMorgan
Velodyne Lidar initiated with an Underweight at JPMorgan
VLDR Velodyne Lidar
$1.04 /

-0.1 (-8.77%)

VLDR Velodyne Lidar
$1.04 /

-0.1 (-8.77%)

On The Fly
What You Missed This Week in EVs and Clean Energy » 10:48
11/14/22
11/14
10:48
11/14/22
10:48
TSLA

Tesla

$190.79 /

-5.09 (-2.60%)

, GM

General Motors

$40.49 /

-0.655 (-1.59%)

, F

Ford

$14.21 /

-0.15 (-1.04%)

, RIVN

Rivian Automotive

$33.93 /

-0.97 (-2.78%)

, LCID

Lucid Group

$12.35 /

-0.545 (-4.23%)

, RIDE

Lordstown Motors

$1.70 /

-0.14 (-7.61%)

, NIO

Nio

$11.64 /

+0.09 (+0.78%)

, SPWR

SunPower

$21.95 /

-0.385 (-1.72%)

, BEEM

Beam Global

$15.98 /

+0.48 (+3.10%)

, SEDG

SolarEdge

$286.43 /

-2.46 (-0.85%)

, VLDR

Velodyne Lidar

$1.01 /

+ (+0.00%)

, OUST

Ouster

$1.23 /

+0.02 (+1.65%)

Institutional investors…

ShowHide Related Items >><<
VLDR Velodyne Lidar
$1.01 /

+ (+0.00%)

TSLA Tesla
$190.79 /

-5.09 (-2.60%)

SPWR SunPower
$21.95 /

-0.385 (-1.72%)

SEDG SolarEdge
$286.43 /

-2.46 (-0.85%)

RIVN Rivian Automotive
$33.93 /

-0.97 (-2.78%)

RIDE Lordstown Motors
$1.70 /

-0.14 (-7.61%)

OUST Ouster
$1.23 /

+0.02 (+1.65%)

NIO Nio
$11.64 /

+0.09 (+0.78%)

LCID Lucid Group
$12.35 /

-0.545 (-4.23%)

GM General Motors
$40.49 /

-0.655 (-1.59%)

F Ford
$14.21 /

-0.15 (-1.04%)

BEEM Beam Global
$15.98 /

+0.48 (+3.10%)

TSLA Tesla
$190.79 /

-5.09 (-2.60%)

11/10/22 Wedbush
Tesla removed from 'Best Ideas' list at Wedbush
11/02/22 Bernstein
Bernstein analysis shows Tesla total software run rate revenues of $290M/quarter
10/25/22 Canaccord
Tesla price-cuts in China not unexpected, says Canaccord
10/25/22 Bernstein
Tesla's apparent China demand woes appear driven by share losses, says Bernstein
GM General Motors
$40.49 /

-0.655 (-1.59%)

11/10/22 Wolfe Research
General Motors downgraded to Peer Perform from Outperform at Wolfe Research
10/26/22 Deutsche Bank
General Motors price target lowered to $35 from $36 at Deutsche Bank
10/26/22 JPMorgan
General Motors price target raised to $59 from $58 at JPMorgan
10/25/22 Citi
General Motors price target raised to $81 from $78 at Citi
F Ford
$14.21 /

-0.15 (-1.04%)

10/27/22 Morgan Stanley
Ford decision to wind down Argo a positive, says Morgan Stanley
10/10/22 UBS
Ford downgraded to Sell from Neutral at UBS
10/05/22 Morgan Stanley
General Motors price target lowered to $30 from $42 at Morgan Stanley
10/05/22 Morgan Stanley
Morgan Stanley upgrades Ford to Overweight, prefers over General Motors
RIVN Rivian Automotive
$33.93 /

-0.97 (-2.78%)

11/10/22 RBC Capital
Rivian Automotive price target lowered to $50 from $61 at RBC Capital
11/10/22 Deutsche Bank
Rivian Automotive price target lowered to $43 from $44 at Deutsche Bank
11/10/22 Wedbush
Rivian Automotive price target lowered to $37 from $45 at Wedbush
11/10/22 Canaccord
Rivian Automotive price target lowered to $55 from $61 at Canaccord
LCID Lucid Group
$12.35 /

-0.545 (-4.23%)

11/10/22 R.F. Lafferty
Lucid Group price target lowered to $17 from $19 at R.F. Lafferty
09/27/22 Cantor Fitzgerald
Lucid Group initiated with an Overweight at Cantor Fitzgerald
09/27/22 Cantor Fitzgerald
Lucid Group initiated with an Overweight at Cantor Fitzgerald
09/15/22 Citi
Lucid Group resumed with a Buy at Citi
RIDE Lordstown Motors
$1.70 /

-0.14 (-7.61%)

08/05/22 R.F. Lafferty
R.F. Lafferty keeps $1 target on Lordstown after Q2 results
05/10/22 R.F. Lafferty
Lordstown Motors downgraded to Sell from Hold at R.F. Lafferty
05/10/22 Deutsche Bank
Lordstown Motors price target lowered to $2 from $3 at Deutsche Bank
03/01/22 R.F. Lafferty
Lordstown Motors price target lowered to $4 from $7 at R.F. Lafferty
NIO Nio
$11.64 /

+0.09 (+0.78%)

11/14/22 China Renaissance
Nio downgraded to Hold from Buy at China Renaissance
11/11/22 BofA
Nio price target lowered to $15 from $16 at BofA
11/11/22 Mizuho
Nio price target lowered to $34 from $40 at Mizuho
11/10/22 Bernstein
Nio price target lowered to $15 from $25 at Bernstein
SPWR SunPower
$21.95 /

-0.385 (-1.72%)

11/10/22 Guggenheim
SunPower initiated with a Neutral at Guggenheim
11/10/22 Credit Suisse
SunPower upgraded to Neutral from Underperform at Credit Suisse
11/09/22 Susquehanna
SunPower price target raised to $27 from $25 at Susquehanna
10/20/22 JPMorgan
SunPower price target lowered to $22 from $25 at JPMorgan
BEEM Beam Global
$15.98 /

+0.48 (+3.10%)

11/14/22 H.C. Wainwright
Beam Global upgraded to Buy from Neutral at H.C. Wainwright
08/15/22 Maxim
Beam Global price target lowered to $40 from $50 at Maxim
06/17/22 B. Riley
Beam Global initiated with Buy, $23 target at B. Riley
06/17/22 B. Riley
Beam Global initiated with a Buy at B. Riley
SEDG SolarEdge
$286.43 /

-2.46 (-0.85%)

11/10/22 Morgan Stanley
New California 'NEM 3.0' proposal 'screens positive,' says Morgan Stanley
11/09/22 Wells Fargo
SolarEdge price target raised to $306 from $283 at Wells Fargo
11/08/22 Oppenheimer
SolarEdge price target lowered to $379 from $400 at Oppenheimer
11/08/22 B. Riley
SolarEdge price target lowered to $370 from $377 at B. Riley
VLDR Velodyne Lidar
$1.01 /

+ (+0.00%)

11/09/22 Oppenheimer
Velodyne Lidar downgraded to Perform from Outperform at Oppenheimer
11/09/22 Craig-Hallum
Velodyne Lidar upgraded to Hold from Sell at Craig-Hallum
11/01/22 WestPark Capital
Velodyne Lidar initiated with an Underperform at WestPark Capital
09/20/22 JPMorgan
Velodyne Lidar initiated with an Underweight at JPMorgan
OUST Ouster
$1.23 /

+0.02 (+1.65%)

11/08/22 Baird
Ouster downgraded to Neutral from Outperform at Baird
11/01/22 WestPark Capital
Ouster initiated with a Buy at WestPark Capital
VLDR Velodyne Lidar
$1.01 /

+ (+0.00%)

TSLA Tesla
$190.79 /

-5.09 (-2.60%)

SPWR SunPower
$21.95 /

-0.385 (-1.72%)

SEDG SolarEdge
$286.43 /

-2.46 (-0.85%)

RIVN Rivian Automotive
$33.93 /

-0.97 (-2.78%)

RIDE Lordstown Motors
$1.70 /

-0.14 (-7.61%)

OUST Ouster
$1.23 /

+0.02 (+1.65%)

NIO Nio
$11.64 /

+0.09 (+0.78%)

LCID Lucid Group
$12.35 /

-0.545 (-4.23%)

GM General Motors
$40.49 /

-0.655 (-1.59%)

F Ford
$14.21 /

-0.15 (-1.04%)

BEEM Beam Global
$15.98 /

+0.48 (+3.10%)

  • 18
    Mar
TSLA Tesla
$190.79 /

-5.09 (-2.60%)

SPWR SunPower
$21.95 /

-0.385 (-1.72%)

SEDG SolarEdge
$286.43 /

-2.46 (-0.85%)

RIVN Rivian Automotive
$33.93 /

-0.97 (-2.78%)

RIDE Lordstown Motors
$1.70 /

-0.14 (-7.61%)

NIO Nio
$11.64 /

+0.09 (+0.78%)

LCID Lucid Group
$12.35 /

-0.545 (-4.23%)

GM General Motors
$40.49 /

-0.655 (-1.59%)

F Ford
$14.21 /

-0.15 (-1.04%)

VLDR Velodyne Lidar
$1.01 /

+ (+0.00%)

TSLA Tesla
$190.79 /

-5.09 (-2.60%)

SPWR SunPower
$21.95 /

-0.385 (-1.72%)

SEDG SolarEdge
$286.43 /

-2.46 (-0.85%)

RIVN Rivian Automotive
$33.93 /

-0.97 (-2.78%)

RIDE Lordstown Motors
$1.70 /

-0.14 (-7.61%)

NIO Nio
$11.64 /

+0.09 (+0.78%)

LCID Lucid Group
$12.35 /

-0.545 (-4.23%)

GM General Motors
$40.49 /

-0.655 (-1.59%)

BEEM Beam Global
$15.98 /

+0.48 (+3.10%)

TSLA Tesla
$190.79 /

-5.09 (-2.60%)

SPWR SunPower
$21.95 /

-0.385 (-1.72%)

SEDG SolarEdge
$286.43 /

-2.46 (-0.85%)

RIVN Rivian Automotive
$33.93 /

-0.97 (-2.78%)

RIDE Lordstown Motors
$1.70 /

-0.14 (-7.61%)

NIO Nio
$11.64 /

+0.09 (+0.78%)

LCID Lucid Group
$12.35 /

-0.545 (-4.23%)

GM General Motors
$40.49 /

-0.655 (-1.59%)

F Ford
$14.21 /

-0.15 (-1.04%)

Downgrade
Velodyne Lidar downgraded to Perform from Outperform at Oppenheimer » 08:57
11/09/22
11/09
08:57
11/09/22
08:57
VLDR

Velodyne Lidar

/

+

, OUST

Ouster

$1.01 /

-0.18 (-15.13%)

Oppenheimer analyst Colin…

Oppenheimer analyst Colin Rusch downgraded Velodyne Lidar (VLDR) to Perform from Outperform. With Velodyne Lidar announcing its merger with Ouster (OUST), the analyst believes the combined platform is poised to substantially outgrow peers with an industry-leading IP and product portfolio combined with a strong balance sheet and a highly capable management team. While bullish on the merger and believing the combined entity will be able to execute on its target of $75M in annual cost savings, he is moving to the sidelines on Velodyne Lidar shares for now as details of the merger are finalized. Rusch expects further information to become available in early 2023 and will re-evaluate his valuation at that point.

ShowHide Related Items >><<
VLDR Velodyne Lidar
/

+

OUST Ouster
$1.01 /

-0.18 (-15.13%)

VLDR Velodyne Lidar
/

+

11/09/22 Craig-Hallum
Velodyne Lidar upgraded to Hold from Sell at Craig-Hallum
11/01/22 WestPark Capital
Velodyne Lidar initiated with an Underperform at WestPark Capital
09/20/22 JPMorgan
Velodyne Lidar initiated with an Underweight at JPMorgan
05/16/22 Citi
Velodyne Lidar price target lowered to $2 from $3.50 at Citi
OUST Ouster
$1.01 /

-0.18 (-15.13%)

11/08/22 Baird
Ouster downgraded to Neutral from Outperform at Baird
11/01/22 WestPark Capital
Ouster initiated with a Buy at WestPark Capital
10/24/22 Rosenblatt
Ouster initiated with a Buy at Rosenblatt
VLDR Velodyne Lidar
/

+

OUST Ouster
$1.01 /

-0.18 (-15.13%)

VLDR Velodyne Lidar
/

+

Upgrade
Velodyne Lidar upgraded to Hold from Sell at Craig-Hallum » 08:46
11/09/22
11/09
08:46
11/09/22
08:46
VLDR

Velodyne Lidar

/

+

, OUST

Ouster

$1.01 /

-0.18 (-15.13%)

Craig-Hallum analyst…

Craig-Hallum analyst Richard Shannon upgraded Velodyne Lidar (VLDR) to Hold from Sell with a price target of 85c, down from $1. The analyst notes the company's quarter was in-line with billings flat quarter-over-quarter, and opex coming down meaningfully, showing Velodyne is making good on its commitment to right-size the ship. The company's guide up quarter-over-quarter, likely continued opex reductions, and improving supply chain, show stabilizing business fundamentals that should meaningfully reduce cash burn and give investors more confidence in a stock that's trading with a negative EV on today's cash balance, Shannon argues. That said, the biggest dynamic for investors in this stock today is the proposed merger with Ouster (OUST), he argues.

ShowHide Related Items >><<
VLDR Velodyne Lidar
/

+

OUST Ouster
$1.01 /

-0.18 (-15.13%)

VLDR Velodyne Lidar
/

+

11/01/22 WestPark Capital
Velodyne Lidar initiated with an Underperform at WestPark Capital
09/20/22 JPMorgan
Velodyne Lidar initiated with an Underweight at JPMorgan
05/16/22 Citi
Velodyne Lidar price target lowered to $2 from $3.50 at Citi
03/01/22 Craig-Hallum
Velodyne Lidar downgraded to Sell from Hold at Craig-Hallum
OUST Ouster
$1.01 /

-0.18 (-15.13%)

11/08/22 Baird
Ouster downgraded to Neutral from Outperform at Baird
11/01/22 WestPark Capital
Ouster initiated with a Buy at WestPark Capital
10/24/22 Rosenblatt
Ouster initiated with a Buy at Rosenblatt
07/25/22 Barclays
Barclays downgrades Lam Research on semi 'head fake' rally
VLDR Velodyne Lidar
/

+

OUST Ouster
$1.01 /

-0.18 (-15.13%)

VLDR Velodyne Lidar
/

+

Earnings
Velodyne Lidar sees Q4 revenue $12M-$14M, consensus $11.77M  16:02
11/08/22
11/08
16:02
11/08/22
16:02
VLDR

Velodyne Lidar

/

+

 
ShowHide Related Items >><<
VLDR Velodyne Lidar
/

+

VLDR Velodyne Lidar
/

+

11/01/22 WestPark Capital
Velodyne Lidar initiated with an Underperform at WestPark Capital
09/20/22 JPMorgan
Velodyne Lidar initiated with an Underweight at JPMorgan
05/16/22 Citi
Velodyne Lidar price target lowered to $2 from $3.50 at Citi
03/01/22 Craig-Hallum
Velodyne Lidar downgraded to Sell from Hold at Craig-Hallum
VLDR Velodyne Lidar
/

+

VLDR Velodyne Lidar
/

+

Earnings
Velodyne Lidar reports Q3 adjusted EPS (13c), consensus (20c) » 16:01
11/08/22
11/08
16:01
11/08/22
16:01
VLDR

Velodyne Lidar

/

+

Reports Q3 revenue $9.6M,…

Reports Q3 revenue $9.6M, consensus $9.94M. "We delivered another solid quarter, experiencing strong demand while making significant progress on initiatives to improve our gross margin and lower our cost structure," said Dr. Ted Tewksbury, CEO of Velodyne Lidar. "Our growing customer traction across multiple markets, as evidenced by the agreements we have recently announced, further validates Velodyne's position as a go-to supplier of affordable lidar solutions that deliver the performance needed to navigate complex indoor and outdoor industrial and factory settings. The acquisition of Bluecity further bolsters our ability to deliver end-to-end system solutions by integrating software and hardware, providing us with a competitive advantage in multiple end markets."

ShowHide Related Items >><<
VLDR Velodyne Lidar
/

+

VLDR Velodyne Lidar
/

+

11/01/22 WestPark Capital
Velodyne Lidar initiated with an Underperform at WestPark Capital
09/20/22 JPMorgan
Velodyne Lidar initiated with an Underweight at JPMorgan
05/16/22 Citi
Velodyne Lidar price target lowered to $2 from $3.50 at Citi
03/01/22 Craig-Hallum
Velodyne Lidar downgraded to Sell from Hold at Craig-Hallum
VLDR Velodyne Lidar
/

+

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.