Velodyne Lidar: Pipeline Builds, Execution Wanes

Nov. 10, 2021 4:30 PM ETOuster, Inc. (OUST) StockOUST12 Comments

Summary

  • 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 »

Latest Consumer Technology Products On Display At CES 2017

David Becker/Getty Images News

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

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market with substantial upside potential, look into joining Out Fox The Street

The service offers model portfolios, daily updates, trade alerts, advance copies of key public articles and real-time chat. Sign up now for a Limited 30-day Money Back Guarantee to start finding the next stock with the potential to generate excessive returns over time without taking on the out sized risk of high flying stocks. 

This article was written by

52.49K Followers

Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager.

Mark leads the investing group

Out Fox The Street

where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direct chat with Mark for questions.

Learn more

.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in VLDR over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock, you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About OUST Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on OUST

Related Stocks

SymbolLast Price% Chg
OUST
--