View Future GrowthThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsCepton 과거 순이익 실적과거 기준 점검 0/6Cepton 의 수입은 연평균 -18.4%의 비율로 감소해 온 반면, Electronic 산업은 연평균 3.8%의 비율로 증가했습니다. 매출은 연평균 44.4%의 비율로 증가해 왔습니다.핵심 정보-18.40%순이익 성장률27.12%주당순이익(EPS) 성장률Electronic 산업 성장률15.34%매출 성장률44.38%자기자본이익률-54.71%순이익률-145.34%최근 순이익 업데이트30 Sep 2024최근 과거 실적 업데이트Reported Earnings • Nov 10Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: US$0.73 loss per share (further deteriorated from US$0.71 loss in 3Q 2023). Revenue: US$547.0k (down 86% from 3Q 2023). Net loss: US$11.8m (loss widened 4.2% from 3Q 2023). Revenue missed analyst estimates by 78%. Earnings per share (EPS) also missed analyst estimates by 43%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in the US.Reported Earnings • Aug 13Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: US$0.011 (up from US$0.90 loss in 2Q 2023). Revenue: US$10.4m (up 274% from 2Q 2023). Net income: US$181.0k (up US$14.4m from 2Q 2023). Profit margin: 1.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in the US.Reported Earnings • May 15First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: US$0.43 loss per share (improved from US$0.94 loss in 1Q 2023). Revenue: US$1.95m (up 31% from 1Q 2023). Net loss: US$6.83m (loss narrowed 54% from 1Q 2023). Revenue missed analyst estimates by 52%. Earnings per share (EPS) exceeded analyst estimates by 36%. Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in the US.공시 • May 03Cepton, Inc. to Report Q1, 2024 Results on May 13, 2024Cepton, Inc. announced that they will report Q1, 2024 results After-Market on May 13, 2024Reported Earnings • Mar 31Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: US$3.08 loss per share (down from US$0.64 profit in FY 2022). Revenue: US$13.1m (up 76% from FY 2022). Net loss: US$48.5m (down US$57.9m from profit in FY 2022). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the US.공시 • Mar 29Cepton, Inc. Reports Loss on Impairment of Property and Equipment for the Three Months Ended December 31, 2023Cepton, Inc. reported loss on impairment of property and equipment for the Three Months Ended December 31, 2023. For the period, the company reported loss on impairment of property and equipment of USD 387,000.모든 업데이트 보기Recent updates공시 • Jan 08+ 2 more updatesCepton, Inc.(NasdaqCM:CPTN) dropped from NASDAQ Composite IndexCepton, Inc. has been removed from NASDAQ Composite Index (^COMP) .Reported Earnings • Nov 10Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: US$0.73 loss per share (further deteriorated from US$0.71 loss in 3Q 2023). Revenue: US$547.0k (down 86% from 3Q 2023). Net loss: US$11.8m (loss widened 4.2% from 3Q 2023). Revenue missed analyst estimates by 78%. Earnings per share (EPS) also missed analyst estimates by 43%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in the US.Major Estimate Revision • Aug 20Consensus EPS estimates upgraded to US$1.14 loss, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$21.0m to US$19.3m. 2024 losses expected to reduce from -US$1.61 to -US$1.14 per share. Electronic industry in the US expected to see average net income growth of 19% next year. Consensus price target of US$3.17 unchanged from last update. Share price was steady at US$3.07 over the past week.Reported Earnings • Aug 13Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: US$0.011 (up from US$0.90 loss in 2Q 2023). Revenue: US$10.4m (up 274% from 2Q 2023). Net income: US$181.0k (up US$14.4m from 2Q 2023). Profit margin: 1.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in the US.공시 • Jul 29Koito Manufacturing Co., Ltd. (TSE:7276) entered into a definitive agreement to acquire Cepton, Inc. (NasdaqCM:CPTN) from Koito Manufacturing Co., Ltd. (TSE:7276) and others for $55.3 million.Koito Manufacturing Co., Ltd. (TSE:7276) entered into a definitive agreement to acquire Cepton, Inc. (NasdaqCM:CPTN) from Koito Manufacturing Co., Ltd. (TSE:7276) and others for $55.3 million on July 29, 2024. The shareholders will receive $3.17 per share. Cepton will be required to pay a termination fee to Parent equal to $1,250,000. Koito will be required to pay a reverse termination fee to the Company equal to $5,000,000. The transaction was approved by Koito's board and shall cause shall cause Holdco, in its capacity as the sole stockholder of Merger Sub, to approve the adoption of this Agreement. The transaction was approved unanimously by Cepton's board or directors on the recommendation of Special Committee. The transaction is subject to the approval of Cepton's shareholders. The transaction is subject to the CFIUS Approval.Price Target Changed • Jul 24Price target decreased by 28% to US$6.59Down from US$9.13, the current price target is an average from 2 analysts. New target price is 168% above last closing price of US$2.46. Stock is down 64% over the past year. The company is forecast to post a net loss per share of US$1.61 next year compared to a net loss per share of US$3.08 last year.분석 기사 • Jun 28Will Cepton (NASDAQ:CPTN) Spend Its Cash Wisely?We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...New Risk • Jun 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$10m net loss in 3 years). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$40.1m market cap).Major Estimate Revision • May 20Consensus revenue estimates increase by 11%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from US$19.0m to US$21.0m. Forecast losses expected to reduce from -US$2.50 to -US$1.61 per share. Electronic industry in the US expected to see average net income growth of 16% next year. Consensus price target of US$9.06 unchanged from last update. Share price fell 7.0% to US$2.81 over the past week.Reported Earnings • May 15First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: US$0.43 loss per share (improved from US$0.94 loss in 1Q 2023). Revenue: US$1.95m (up 31% from 1Q 2023). Net loss: US$6.83m (loss narrowed 54% from 1Q 2023). Revenue missed analyst estimates by 52%. Earnings per share (EPS) exceeded analyst estimates by 36%. Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in the US.공시 • May 15Cepton, Inc. Provides Earnings Guidance for the Full Year 2024Cepton, Inc. provided earnings guidance for the full year 2024. For the year, the company expects Full year revenue is expected to be between $15 to $25 million.New Risk • May 08New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$49m Forecast net loss in 3 years: US$5.1m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$5.1m net loss in 3 years). Market cap is less than US$100m (US$48.2m market cap).공시 • May 08Cepton Unveils Proprietary End-To-End Lidar Simulator, Studioviz™Cepton, Inc. announced the unveiling of its proprietary lidar simulation platform, StudioViz™. Developed by Cepton’s in-house software teams, StudioViz aims to streamline lidar adoption processes from productization to deployment, helping automotive Original Equipment Manufacturers (OEMs) expedite lidar-based advanced driver assistance systems (ADAS) and autonomous vehicle (AV) development at minimized implementation costs. StudioViz also offers a powerful tool to facilitate a broad spectrum of cutting-edge R&D initiatives in ADAS and AV by researchers and universities. StudioViz is designed and built to offer an array of functionalities, including: Virtual environment creation: StudioViz enables the creation of customized virtual elements to simulate real-world scenarios for testing lidar-based ADAS and AV use cases across urban and highway environments. High-fidelity lidar data visualization: The platform simulates data from Cepton’s comprehensive portfolio of lidar sensor models, including the long-range Ultra, medium-range Vista-X series and near-range Nova, to generate realistic 3D point clouds, facilitating insights into sensor behavior and system performance under various conditions. Placement optimization: Utilizing StudioViz, OEMs will be able to explore different placement options of Cepton’s lidar hardware, virtually integrating a single or multiple lidar sensors into different locations around a vehicle, supported by physics-based studies modeling sensor behavior at these locations. Sensor fusion assessment: Simulated lidar data from StudioViz can be integrated with other sensor simulations (such as camera) to evaluate sensor fusion results and assess the effectiveness of perception algorithms such as object detection, labeling and localization. Perception solution development: StudioViz generates accurate lidar data that can be annotated with ground truth information, such as object type and bounding boxes, to train, validate and refine perception algorithms for accurate vehicle and pedestrian detection, tracking and classification, lane and curb detection, path planning and ego-motion estimation. Manufacturing validation and scaling: StudioViz can utilize real-world sensor modeling, taking data from sensors at critical stages of manufacturing and calibration processes to enable comprehensive validation of sensor performance before reaching the customer, furthering Cepton's commitment to sustainable and scalable manufacturing for mass-market adoption.Utilizing StudioViz’s powerful simulation tools, OEMs and research entities will be able to accurately gauge the suitability of Cepton’s lidar solutions for their needs, custom integration plans and develop perception capabilities without substantial investments in hardware, installation and data acquisition, while reducing the need to build real-life testing scenarios that are sometimes challenging to reproduce due to constraints such as road infrastructure and weather conditions.공시 • May 03Cepton, Inc. to Report Q1, 2024 Results on May 13, 2024Cepton, Inc. announced that they will report Q1, 2024 results After-Market on May 13, 2024Major Estimate Revision • Apr 08Consensus revenue estimates fall by 44%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$33.6m to US$19.0m. Forecast losses increased from -US$2.29 to -US$2.50 per share. Electronic industry in the US expected to see average net income growth of 12% next year. Consensus price target of US$9.06 unchanged from last update. Share price fell 3.5% to US$3.27 over the past week.분석 기사 • Apr 05After Leaping 28% Cepton, Inc. (NASDAQ:CPTN) Shares Are Not Flying Under The RadarCepton, Inc. ( NASDAQ:CPTN ) shareholders would be excited to see that the share price has had a great month, posting a...분석 기사 • Apr 03Time To Worry? Analysts Just Downgraded Their Cepton, Inc. (NASDAQ:CPTN) OutlookThe analysts covering Cepton, Inc. ( NASDAQ:CPTN ) delivered a dose of negativity to shareholders today, by making a...Reported Earnings • Mar 31Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: US$3.08 loss per share (down from US$0.64 profit in FY 2022). Revenue: US$13.1m (up 76% from FY 2022). Net loss: US$48.5m (down US$57.9m from profit in FY 2022). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the US.공시 • Mar 29Cepton, Inc. Reports Loss on Impairment of Property and Equipment for the Three Months Ended December 31, 2023Cepton, Inc. reported loss on impairment of property and equipment for the Three Months Ended December 31, 2023. For the period, the company reported loss on impairment of property and equipment of USD 387,000.분석 기사 • Mar 27Here's Why We're Watching Cepton's (NASDAQ:CPTN) Cash Burn SituationJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...공시 • Mar 13Cepton, Inc. to Report Q4, 2023 Results on Mar 28, 2024Cepton, Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Mar 28, 2024공시 • Jan 09Cepton, Inc. Unveils of Its New Automotive Lidar, UltraCepton, Inc. announced the unveiling of its new automotive lidar, Ultra. Ultra is the world’s slimmest adaptive, long-range lidar, designed based on real OEM requirements for next-generation consumer vehicle ADAS and automated driving capabilities. It boasts Cepton’s latest innovation – MagnoSteer™ – to enable an unmatched combination of performance, power efficiency, and compactness: Maximum detection range: 300 m at 10% reflectivity; Angular resolution: 0.05° x 0.05° within regions of interest (ROI); Field of view: 120° (H) x 25° (V) maximum, software definable; Typical Power consumption: 12 W; Data rate: up to 3.8 million points per second; Size: 150 (W) x 24 (H) x 90 (D) mm. Ultra is by far the smallest, slimmest high-performance automotive lidar on the market today. Similar performing lidar systems are typically triple the volume and double the height. With its extremely compact form factor and power efficiency, Ultra is designed for seamless integration into various locations on a vehicle without the need for an additional cooling system. It can be embedded behind the windshield and into the roofline, the headlamps and the fascia, enabling high-precision perception for various automotive use cases. Ultra’s software definable field of view and ROIs enable adaptive perception capabilities to help the vehicle stay focused on high-priority objects. The ROIs are dynamically tunable, creating real-time zones around key objects, such as vehicles and pedestrians, making them stand out against background objects that do not require as many data points. This increases the overall energy efficiency of the automotive perception system without compromising precision. The MagnoSteer architecture also enables more advanced perception capabilities within a single-sensor architecture in the future.공시 • Jan 06+ 1 more updateCepton, Inc. Announces Executive ChangesOn January 5, 2024, Hull Xu tendered his resignation, resigning from his position as principal financial officer and principal accounting officer, of Cepton, Inc. to pursue other opportunities. The Company accepted Mr. Xu’s resignation, effective as of January 5, 2024. In connection with Mr. Xu’s resignation, the board of directors of the Company appointed Dong (Dennis) Chang, the Company’s current Sr. Vice President of Manufacturing, as principal financial officer and principal accounting officer, effective as of January 5, 2024. Mr. Chang has served as the Company’s Sr. Vice President of Manufacturing since December 2023, and previously served as Vice President of Manufacturing for the Company since February 2022. Prior to that, he served as Vice President of Manufacturing for Cepton Technologies, Inc. since May 2019. Prior to joining Cepton Technologies, Inc., Mr. Chang served as an Engineering Manager at Bromic Group Pty Ltd. from October 2017 to April 2019. Mr. Chang has an M.B.A. from Macquarie University and a B.Eng. in Automobile Engineering from Tsinghua University.Major Estimate Revision • Nov 16Consensus revenue estimates decrease by 34%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$17.1m to US$11.3m. EPS estimate increased from -US$3.58 to -US$2.93 per share. Electronic industry in the US expected to see average net income growth of 9.7% next year. Consensus price target down from US$20.80 to US$16.40. Share price fell 19% to US$3.08 over the past week.공시 • Nov 12Cepton, Inc. Provides Earnings Guidance for the Year 2023Cepton, Inc. provided earnings guidance for the year 2023. Full year 2023 revenue is expected to be between $9 million and $11 million.Reported Earnings • Nov 12Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: US$0.71 loss per share (improved from US$1.12 loss in 3Q 2022). Revenue: US$3.83m (up 113% from 3Q 2022). Net loss: US$11.3m (loss narrowed 35% from 3Q 2022). Revenue missed analyst estimates by 25%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electronic industry in the US.공시 • Oct 20Cepton, Inc. to Report Q3, 2023 Results on Nov 09, 2023Cepton, Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023Price Target Changed • Sep 28Price target decreased by 7.6% to US$20.80Down from US$22.50, the current price target is an average from 5 analysts. New target price is 437% above last closing price of US$3.87. Stock is down 79% over the past year. The company is forecast to post a net loss per share of US$3.58 compared to earnings per share of US$0.64 last year.분석 기사 • Sep 22Here's Why We're Not Too Worried About Cepton's (NASDAQ:CPTN) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...공시 • Sep 20Cepton, Inc. Announces the Appointment of Mitch Hourtienne to Chief Commercial OfficerCepton, Inc. announced the appointment of Mitch Hourtienne to Chief Commercial Officer, overseeing the Company’s business growth and market success. In the newly created role, Mr. Hourtienne will continue to lead Cepton’s business development, product management and marketing teams to solidify the Company’s leadership in automotive and smart infrastructure markets and strengthen strategic partnerships with world-class industry leaders. Mr. Hourtienne joined Cepton in 2018 and played a pivotal role in establishing the Company’s center of excellence in Detroit, serving the automotive heartland with multi-decade expertise in OEM integration and sensor technology. Mr. Hourtienne’s contributions were also instrumental in securing Cepton’s ADAS lidar series production award with General Motors and in strengthening its partnership with Tier 1 supplier, Koito Manufacturing Co. Ltd. Prior to joining Cepton, Mr. Hourtienne amassed twenty years of experience winning and launching sensor product businesses in the automotive and semiconductor industries, having held positions in engineering, product management and business development at global leaders such as Sensata Technologies, Freescale Semiconductor, Infineon and Continental.Recent Insider Transactions • Aug 13Co-Founder recently sold US$195k worth of stockOn the 10th of August, Jun Pei sold around 250k shares on-market at roughly US$0.78 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jun has been a net seller over the last 12 months, reducing personal holdings by US$745k.Reported Earnings • Aug 08Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: US$0.09 loss per share (down from US$0.005 profit in 2Q 2022). Revenue: US$2.79m (up 8.9% from 2Q 2022). Net loss: US$14.2m (down US$15.0m from profit in 2Q 2022). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 5.3%. Revenue is forecast to grow 73% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the US.New Risk • Jul 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding).공시 • Jul 14Cepton, Inc. to Report Q2, 2023 Results on Aug 07, 2023Cepton, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 07, 2023New Risk • Jul 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Major Estimate Revision • May 16Consensus EPS estimates upgraded to US$0.34 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$17.6m to US$16.9m. 2023 losses expected to reduce from -US$0.407 to -US$0.34 per share. Electronic industry in the US expected to see average net income growth of 3.8% next year. Consensus price target up from US$2.25 to US$2.35. Share price was steady at US$0.40 over the past week.Reported Earnings • May 11First quarter 2023 earnings released: US$0.094 loss per share (vs US$0.36 profit in 1Q 2022)First quarter 2023 results: US$0.094 loss per share (down from US$0.36 profit in 1Q 2022). Net loss: US$14.7m (down 136% from profit in 1Q 2022). Revenue is forecast to grow 74% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the US.공시 • May 05Cepton, Inc. Announces Appointment of Luis Gonçalves as Director of Customer ProgramsCepton, Inc. announced the addition of Luis Gonçalves to its Detroit team as Director of Customer Programs. In his new role at Cepton, Gonçalves will lead the Company’s Detroit automotive customer programs, enabling volume production ramp through Cepton’ s ADAS lidar program with lead OEM customer as well as future production awards from other automotive customers. He will oversee onsite support to ensure technical success, facilitate engineering change requests and implementation and drive cross-department collaboration to meet project execution goals. Gonçalves has 14 years of engineering experience in the automotive industry. Before joining Cepton, he spent 9 years at General Motors working as a Senior Lidar Development Engineer, Lidar Performance Engineer for Ultra Cruise, and most recently Engineering Leader of User Experience and Connectivity within GM’s Autonomous Vehicle Technology Program. Prior to GM, Gonçalves was a Quality Engineering Coordinator at Honda North America. Gonçalves has a B.S. in Mechanical Engineering from Michigan State University and a M.S. in Automotive Manufacturing Engineering from the University of Michigan.Major Estimate Revision • Apr 19Consensus revenue estimates decrease by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$20.3m to US$17.5m. EPS estimate unchanged from -US$0.39 per share at last update. Electronic industry in the US expected to see average net income growth of 3.0% next year. Consensus price target of US$2.35 unchanged from last update. Share price fell 3.5% to US$0.41 over the past week.Major Estimate Revision • Mar 21Consensus revenue estimates decrease by 26%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$27.5m to US$20.3m. EPS estimate increased from -US$0.457 to -US$0.387 per share. Electronic industry in the US expected to see average net income growth of 4.0% next year. Consensus price target down from US$3.44 to US$2.35. Share price fell 9.1% to US$0.46 over the past week.Recent Insider Transactions • Mar 19Co-Founder recently sold US$270k worth of stockOn the 16th of March, Jun Pei sold around 500k shares on-market at roughly US$0.54 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jun has been a net seller over the last 12 months, reducing personal holdings by US$550k.Reported Earnings • Mar 15Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: US$0.064 (up from US$1.36 loss in FY 2021). Net income: US$9.38m (up US$46.6m from FY 2021). Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the US.Recent Insider Transactions Derivative • Feb 26Co-Founder & CTO notifies of intention to sell stockMark McCord intends to sell 260k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of February. If the sale is conducted around the recent share price of US$1.16, it would amount to US$302k. Since March 2022, Mark has owned 10.41m shares directly. There has only been one transaction (US$280k sale) from insiders over the last 12 months.Recent Insider Transactions Derivative • Feb 19Co-Founder notifies of intention to sell stockJun Pei intends to sell 2m shares in the next 90 days after lodging an Intent To Sell Form on the 15th of February. If the sale is conducted around the recent share price of US$1.20, it would amount to US$1.8m. Since March 2022, Jun's direct individual holding has decreased from 30.17m shares to 29.18m. There has only been one transaction (US$280k sale) from insiders over the last 12 months.공시 • Feb 15Cepton, Inc. to Report Q4, 2022 Results on Mar 14, 2023Cepton, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Mar 14, 2023공시 • Jan 21Cepton, Inc. announced that it has received $100 million in funding from Koito Manufacturing Co., Ltd.On January 19, 2023, Cepton, Inc. closed the transaction.공시 • Jan 04Cepton, Inc. Unveils New Lidar, Vista®-X120 PlusCepton, Inc. announced the unveiling of its groundbreaking new lidar, the Vista®-X120 Plus. The Vista-X120 Plus is the slim software definable, top-end automotive lidar for real-time adaptive 3D perception. Embodying the automotive industry’s biggest trends – safety, autonomy, software definability and electrification – it packs Cepton’s next-generation innovations, enhancing lidar performance without compromising reliability, size, power efficiency and cost. This game-changing lidar has been recognized in the CES 2023 Innovation Award program in the Vehicle Tech & Advanced Mobility category and will be showcased at booth No. 5553, LVCC – West Hall during CES in Las Vegas, NV, from January 5, 2022 to January 8, 2023. The Vista-X120 Plus advances Cepton’s vision for mass-market lidar adoption. Expanding on Cepton’s commercially scalable Vista-X90 lidar, which will be deployed in the Company’s ADAS lidar series production program, the Vista-X120 Plus offers significantly higher performance and embeddability: a 500% increase in data rate, 30° wider field of view, over 20% reduction in size and 50% reduction in height. Featuring a software definable region of interest (ROI), the Vista-X120 Plus enables higher dynamic perception capabilities. Its tunable central field of view with increased angular resolution enables higher accuracy in the detection and classification of key objects in a given driving scenario. The ROI is configurable in real time in both horizonal and vertical directions, unlocking a higher level of intelligence and efficiency, while making the lidar sensor versatile and adaptive to various use cases – same hardware, flexible adoption. With a production size of 140 (W) x 30 (H) x 150 (D) mm, the Vista-X120 Plus offers an unparalleled combination of slimness, compactness and embeddability. Its footprint is ~50% slimmer and smaller than the competition, enabling greater OEM integration and placement options without disrupting vehicle appearance. At its <18 W power consumption, Vista-X120 Plus offers a 200 m range at 10% reflectivity, angular resolutions of 0.05° (ROI) and 0.1° (non-ROI), a 120° x 25° field of view and a data rate of over 6 million points per second. With a target price point below $500 for volume production, the automotive-grade Vista-X120 Plus is positioned for mass-market deployment. Building upon Cepton’s patented MMT® technology, it features an elegant precision opto-mechanical architecture with infinite mechanical life to maximize durability and reliability for automotive use. Its modular design and off-the-shelf components make it easily manufacturable in large volumes at low costs.공시 • Dec 09Cepton, Inc. to Unveil New Lidar and Showcase Automotive Integration At CES 2023Cepton, Inc. announced additional details around its plans for the upcoming CES 2023, held in Las Vegas, NV, from January 5-8, 2023. Cepton’s booth (No. 5553, LVCC – West Hall) will feature a Chevy Silverado and a Ford F-150 equipped with the company’s latest vehicle integration solutions. Both of Cepton’s near-range and long-range automotive lidars will be seamlessly embedded into multiple locations around the vehicles, including the headlamps, fog lamps, side mirrors, front grille and tailgate. Booth visitors can expect to see one of the industry’s first full, in-vehicle integrations of lidar technology in automotive lighting systems. This solution features a combination of Cepton’s automotive lidars embedded within a vehicle’s headlamps and fog lamps to simultaneously enable near-range blind spot elimination and long-range obstacle detection. Combined with a fully integrated cleaning system from Koito Manufacturing Co. Ltd. During CES, Cepton will also unveil its next-generation automotive lidar, Vista®-X120 Plus. With an unprecedented combination of ultra slim and compact design, top-end performance and real-time adaptive 3D perception, Vista-X120 Plus is designed for both today’s consumer vehicles as well as the next generation – intelligent, electrified and software-defined. Cepton has been recognized by the CES 2023 Innovation Award program in the Vehicle Tech & Advanced Mobility category for this product. Cepton representatives will be available at CES 2023 to share additional details about Vista-X120 Plus, with product demonstrations available upon request. Cepton’s 3,000 sq ft booth will feature live demonstrations of its full suite of automotive lidar solutions as well as its collaborations with leading automotive partners. Two conference rooms are available to host meetings with Cepton CEO Dr. Pei, other members of the company’s leadership team, and a Koito delegation led by Mr. Takayuki Katsuda, Managing Corporate Officer of Koito. Mr. Katsuda is leading Koito's automotive technology solutions and previously served as the Chief Engineer at Toyota /Lexus.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to US$1.36, the stock trades at a trailing P/E ratio of 15.4x. Average forward P/E is 15x in the Electronic industry in the US. Total loss to shareholders of 86% over the past year.공시 • Nov 17Cepton, Inc. to unveil Vista-X120 Plus at CES 2023 in Las Vegas, NVCepton, Inc. announced that it has been recognized for its next-generation automotive lidar product, Vista®-X120 Plus, in the CES Innovation Award program as a 2023 honoree in the Vehicle Tech & Advanced Mobility category. Cepton will unveil Vista-X120 Plus at CES 2023 in Las Vegas, NV. The product will be showcased at Cepton’s booth (No. 5553, LVCC – West Hall) January 5-8, 2023. Customers can expect to learn more from a full product reveal shortly prior to the event. Vista-X120 Plus features an unprecedented combination of ultra slim and small form factor, top-end performance and real-time adaptive 3D perception. While unlocking the next level of perception capabilities to “see” finer objects, further away, Vista-X120 Plus continues to embody Cepton’s core competencies in achieving the right balance between automotive-grade reliability, seamless embeddability and cost efficiency to achieve mass-market scalability.Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Vice Chairman of the Board & Secretary Winston Fu is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 09Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: US$0.11 loss per share. Net loss: US$17.4m (loss widened 122% from 3Q 2021). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 4.8%. Revenue is forecast to grow 94% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the US.공시 • Nov 09Cepton, Inc. Provides Earnings Guidance for the Year 2022Cepton, Inc. provided earnings guidance for the year 2022. Full year 2022 revenue is still expected to be between $7 million to $9 million.공시 • Oct 19Cepton, Inc. to Report Q3, 2022 Results on Nov 08, 2022Cepton, Inc. announced that they will report Q3, 2022 results After-Market on Nov 08, 2022Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improved over the past weekAfter last week's 44% share price gain to US$2.68, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 14x in the Electronic industry in the US. Total loss to shareholders of 73% over the past year.Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improved over the past weekAfter last week's 28% share price gain to US$2.09, the stock trades at a trailing P/E ratio of 13.9x. Average forward P/E is 14x in the Electronic industry in the US. Total loss to shareholders of 79% over the past year.분석 기사 • Aug 24Shareholders In Cepton (NASDAQ:CPTN) Should Look Beyond Earnings For The Full StoryEven though Cepton, Inc. ( NASDAQ:CPTN ) posted strong earnings recently, the stock hasn't reacted in a large way. We...공시 • Aug 24Cepton, Inc. to Showcase Lidar in Automotive Headlamp in Collaboration with ZKW at IAA Transportation 2022Cepton, Inc. announced it will showcase a lidar integration solution for automotive headlamps at the upcoming IAA Transportation 2022 conference. The demonstration will be conducted in collaboration with ZKW Group GmbH, a specialist for premium lighting systems and electronics. From September 20th to 25th, 2022, at Booth B58 in Hall 12, Cepton will exhibit its Nova lidar integrated into a heavy-duty truck headlamp provided by ZKW. Visitors to the Cepton booth can also expect to see live demonstrations of Nova’s near-range 3D sensing capabilities, which are designed to help eliminate perception blind spots around automobiles. Cepton’s near-range lidar Nova features an unprecedented combination of miniature size, high resolution and superior field of view coverage in both vertical and horizontal directions. Its extremely compact form factor unlocks flexible, seamless integration options around the vehicle to provide 360° perception. This helps the vehicle accurately detect close-proximity objects such as pedestrians, bicycles and obstacles on the road surface. Powered by Cepton’s patented lidar technology and proprietary ASIC, Nova achieves unparalleled system and energy efficiency, making it suitable for everyday consumer and commercial vehicles, including electrical vehicles. With blind spot detection becoming a mandated vehicle safety feature, Nova offers an ideal solution for an expanding range of automotive applications. It can be deployed across Advance Driver Assistance Systems and Autonomous Vehicles to enhance the protection of vulnerable road users while enabling autonomous driving and parking capabilities. By working with ZKW, Cepton is able to demonstrate how Nova can be easily fitted into headlamps, a compelling location for lidar integration. The headlamp integration solution features discrete embedment, cleaning mechanism and sensor protection in a single package to offer maximized elegance and ease of maintenance. It also enables a dual sensor design for cut-in detection. Cepton’s patented lidar technology enables an optimal balance between performance, reliability and cost efficiency. Cepton offers a comprehensive portfolio of lidar solutions, including lidar sensors for near range to ultra-long range and intelligent perception solutions for automotive and smart infrastructure applications.Reported Earnings • Aug 10Second quarter 2022 earnings released: EPS: US$0.005 (vs US$0.15 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.005 (up from US$0.15 loss in 2Q 2021). Net income: US$843.0k (up US$11.0m from 2Q 2021). Over the next year, revenue is forecast to grow 204%, compared to a 10.0% growth forecast for the industry in the US.공시 • Aug 10Cepton, Inc. Provides Earnings Guidance for the Full Year 2022Cepton, Inc. provided earnings guidance for the Full Year 2022. For the period, the company expects revenue expected to be between $7 million to $9 million.Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$1.64, the stock trades at a trailing P/E ratio of 20.5x. Average forward P/E is 15x in the Electronic industry in the US. Total loss to shareholders of 83% over the past year.공시 • Aug 02Cepton, Inc. Appoints Dr. Liqun Han as Chief Operating OfficerOn July 27, 2022, the board of directors of Cepton, Inc. appointed Dr. Liqun Han as Chief Operating Officer of the Company, with such appointment to be effective on August 1, 2022. In this role, Dr. Han will serve as the principal operating officer of the Company. Dr. Han, age 53, previously served as the Company’s Senior Vice President of Operations from February 2022 until August 1, 2022, and served in such role for Cepton Technologies, Inc. from October 2016 to September 2020. Prior to joining Cepton Technologies, Inc., Dr. Han was Director of Engineering & Technology at KLA-Tencor, responsible for core technology innovation and new product introduction. Dr. Han received a Ph.D. in Applied Physics and a M.S. in Electrical Engineering from Stanford University, with a specialty in solid-state electronics and optics.Seeking Alpha • Aug 01Cepton picks internal executive for COO roleCepton (NASDAQ:CPTN) appointed Dr. Liqun Han as COO; he will continue to lead execution of Cepton's flagship ADAS lidar program and drive product success to support the company's growing presence across automotive and smart infrastructure markets. Since joining in 2016, Dr. Han has led Cepton’s product development, commercialization and operational excellence teams as VP, Operations, and most recently as SVP, Operations.공시 • Jul 28Cepton, Inc. to Report Q2, 2022 Results on Aug 08, 2022Cepton, Inc. announced that they will report Q2, 2022 results After-Market on Aug 08, 2022Seeking Alpha • Jul 22Cepton: Better Times AheadCepton is headed towards the launch of an automotive production deal for their Lidars. The company continues to project a massive ramp in revenues, but the cash balance only ended March at $45 million. The stock is very appealing considering the business prospects, but the company needs to raise more cash to fund operations before becoming ultra-bullish on the story. A lot of sectors had companies rush to complete SPAC deals and typically the leading companies went first. In the Lidar sensor space, Cepton (CPTN) was the last of a group to complete deals, but the company is not necessarily the worst in the sector. My investment thesis is Bullish on the stock trading at only $1.50 after completing the SPAC deal only back in February. Automotive Pipeline The company has the largest ADAS Lidar series production award to date. The plan is for the series production to start in 2023 with General Motors (GM) Ultra Cruise that combines cameras, radars and Lidar to an integrated ADAS system. Over the next few years, the company will expand the program to over 12+ vehicle models and alliance partners with the deal will be starting with several thousand units shipped this year. Cepton April 2022 Presentation The company hasn't announced a contract award amount yet, but Lidar sensor competitor Innoviz Technologies (INVZ) announced a major $4+ billion deal with an automotive OEM. The deal sets a rather larger hurdle for the GM contract to top. The GM Ultra Cruise deal is supposed to involve thousands of Lidar sensors this year leading to scaled production in 2023 and beyond. In total, Innoviz lists over $6.6 billion in backlog and Luminar Technologies (LAZR) was supposed to be the leader in the automotive sector. The scale of automotive deals and the involvement of Cepton with both GM and Ford (F) provide great coverage for the business targets provided as part of the SPAC deal announced less than a year ago. With the crackdown on SPAC forward projections by mid-2021, the company had a push to not be overly aggressive on projections. Revenue is still set to soar as Smart Infrastructure deals ramp prior to the automotive market that ultimately is forecast to account for 70% of total revenues. Cepton SPAC Presentation Despite some of the positive news on a major OEM deal with GM, the stock has absolutely collapsed to only $1.50. The SPAC deal just closed in February when the shareholders approved the merger at $10. Minimal Business Now As with all of the other Lidar players, Cepton has a very minimal revenue stream right now. For Q1'22, the company only reported revenue of $1.5 million. Revenues were up nearly 240%, but the amount was still near immaterial for a business with a TAM running into the billions. Cepton had promised material revenues of $250 million by 2024 jumping to $861 million in 2025. Analysts now have those numbers targeted at $177 million to $540 million by 2025. Hitting the updated targets would be very bullish for the stock. Seeking Alpha The biggest negative on the stock is the lack of cash on the balance sheet. Cepton ended the March quarter with a cash balance of only $45 million. The company is relying on the Trinity loan facility for another $15 million and a Lincoln Park Capital equity purchase commitment for another $100 million. Cepton only has a market cap of $200+ million, but the company had EBITDA losses of $11.4 million in Q1'22 with negative operating cash flows of $19.5 million. The Lidar sensor company most definitely will need to raise additional funds in order to finance the business and the stock trading at only $1.50 is problematic for this endeavor.Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$1.80, the stock trades at a trailing P/E ratio of 22.5x. Average forward P/E is 14x in the Electronic industry in the US. Total loss to shareholders of 82% over the past year.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$1.54, the stock trades at a trailing P/E ratio of 19.3x. Average forward P/E is 14x in the Electronic industry in the US. Total loss to shareholders of 84% over the past year.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$1.92, the stock trades at a trailing P/E ratio of 24x. Average forward P/E is 16x in the Electronic industry in the US. Total loss to shareholders of 80% over the past year.Breakeven Date Change • May 14No longer forecast to breakevenThe 4 analysts covering Cepton no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$150.0k in 2024. New consensus forecast suggests the company will make a loss of US$150.0k in 2024.Board Change • May 14High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Vice Chairman of the Board & Secretary Winston Fu is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • May 02Cepton, Inc. to Report Q1, 2022 Results on May 11, 2022Cepton, Inc. announced that they will report Q1, 2022 results After-Market on May 11, 2022공시 • Apr 06Cepton, Inc. Announces Executive ChangesCepton, Inc. announced the appointment of Hull Xu, the Company’s Vice President of Finance and Strategy, to the position of Chief Financial Officer, effective April 5, 2022. Mr. Xu will succeed Dr. Winston Fu, Ph.D., who will remain with the Company as an advisor on strategic projects. Dr. Fu will also remain on the board of directors and become Vice Chairman. Mr. Xu is a seasoned investment banker and electrical engineer by training. He has advised many public and private technology companies on capital markets and strategic transactions during his 13-year tenure at the Royal Bank of Canada and at Barclays Investment Bank.공시 • Mar 07Cepton Inc. Delivers Comprehensive Lidar Solution PortfolioCepton Inc. announced the availability of a broadcast titled, “Lidar Leading the Way to Safe Self-Driving Cars.” Lidar is a technology for determining distances by targeting an object with a laser, bouncing the light off it, and measuring the time for the reflected light beam to return to the receiver. The data is then processed to create three-dimensional representations of the surrounding area. It’s like radar only using light waves that produce crisper scans. Many believe the approach to be integral to the future of autonomous vehicles because its qualities overcome shortcomings of cameras and radar used in AVs today. The combination of highly effective lidar and the geometric growth in the AV market has sparked an inferno of interest in lidar technology companies. A pioneer in the industry, Cepton Inc. has differentiated itself from peers with its innovative MMT (micro-motion) technology that overcomes challenges which have plagued the Advanced Driver Assistance Systems (ADAS) and AV markets related to performance, cost, reliability and vehicle integration. Cepton delivers a comprehensive lidar solution portfolio covering hardware and software, inclusive of proprietary state-of-the-art ASICs and key optoelectronic components.Seeking Alpha • Mar 01Cepton: Short Squeezes Provide Interesting Short Selling OpportunitiesThe company recently listed on NASDAQ through a SPAC deal and redemptions were around 90%. It seems that retail investors have realized the public float is low and there appears there was a short squeeze on February 17 when the share price hit $80.16. I think we could see more short squeezes in the near future, which could create good short selling scenarios. Historically, short squeezes rarely last more than a couple of days and if that happens again with Cepton stock, the share price is likely to fall back to around $10-$12 per share once more.공시 • Feb 15Cepton, Inc. announced delayed 10-Q filingOn 02/14/2022, Cepton, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공시 • Feb 12Cepton, Inc. announced that it has received $58.5 million in funding from Koito Manufacturing Co., Ltd.On February 11, 2022, Cepton, Inc. closed the transaction.매출 및 비용 세부 내역Cepton가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqCM:CPTN 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비30 Sep 2418-26202130 Jun 2421-27212231 Mar 2414-42242831 Dec 2313-49243030 Sep 2310-58263230 Jun 238-64263331 Mar 237-47273231 Dec 2279293330 Sep 22714263130 Jun 22723232931 Mar 22612202731 Dec 215-37142430 Sep 214-32122130 Jun 213-29101831 Mar 212-2471431 Dec 202-2061231 Dec 194-17611양질의 수익: CPTN 은(는) 현재 수익성이 없습니다.이익 마진 증가: CPTN는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: CPTN은 수익성이 없으며 지난 5년 동안 손실이 연평균 18.4% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 CPTN의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: CPTN은 수익성이 없어 지난 해 수익 성장률을 Electronic 업계(10.6%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: CPTN는 현재 수익성이 없으므로 자본 수익률이 음수(-54.71%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/01/08 01:53종가2025/01/06 00:00수익2024/09/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Cepton, Inc.는 7명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Richard ShannonCraig-Hallum Capital Group LLCSamik ChatterjeeJ.P. MorganMatthew GalinkoMaxim Group4명의 분석가 더 보기
Reported Earnings • Nov 10Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: US$0.73 loss per share (further deteriorated from US$0.71 loss in 3Q 2023). Revenue: US$547.0k (down 86% from 3Q 2023). Net loss: US$11.8m (loss widened 4.2% from 3Q 2023). Revenue missed analyst estimates by 78%. Earnings per share (EPS) also missed analyst estimates by 43%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in the US.
Reported Earnings • Aug 13Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: US$0.011 (up from US$0.90 loss in 2Q 2023). Revenue: US$10.4m (up 274% from 2Q 2023). Net income: US$181.0k (up US$14.4m from 2Q 2023). Profit margin: 1.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in the US.
Reported Earnings • May 15First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: US$0.43 loss per share (improved from US$0.94 loss in 1Q 2023). Revenue: US$1.95m (up 31% from 1Q 2023). Net loss: US$6.83m (loss narrowed 54% from 1Q 2023). Revenue missed analyst estimates by 52%. Earnings per share (EPS) exceeded analyst estimates by 36%. Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in the US.
공시 • May 03Cepton, Inc. to Report Q1, 2024 Results on May 13, 2024Cepton, Inc. announced that they will report Q1, 2024 results After-Market on May 13, 2024
Reported Earnings • Mar 31Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: US$3.08 loss per share (down from US$0.64 profit in FY 2022). Revenue: US$13.1m (up 76% from FY 2022). Net loss: US$48.5m (down US$57.9m from profit in FY 2022). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the US.
공시 • Mar 29Cepton, Inc. Reports Loss on Impairment of Property and Equipment for the Three Months Ended December 31, 2023Cepton, Inc. reported loss on impairment of property and equipment for the Three Months Ended December 31, 2023. For the period, the company reported loss on impairment of property and equipment of USD 387,000.
공시 • Jan 08+ 2 more updatesCepton, Inc.(NasdaqCM:CPTN) dropped from NASDAQ Composite IndexCepton, Inc. has been removed from NASDAQ Composite Index (^COMP) .
Reported Earnings • Nov 10Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: US$0.73 loss per share (further deteriorated from US$0.71 loss in 3Q 2023). Revenue: US$547.0k (down 86% from 3Q 2023). Net loss: US$11.8m (loss widened 4.2% from 3Q 2023). Revenue missed analyst estimates by 78%. Earnings per share (EPS) also missed analyst estimates by 43%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in the US.
Major Estimate Revision • Aug 20Consensus EPS estimates upgraded to US$1.14 loss, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$21.0m to US$19.3m. 2024 losses expected to reduce from -US$1.61 to -US$1.14 per share. Electronic industry in the US expected to see average net income growth of 19% next year. Consensus price target of US$3.17 unchanged from last update. Share price was steady at US$3.07 over the past week.
Reported Earnings • Aug 13Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: US$0.011 (up from US$0.90 loss in 2Q 2023). Revenue: US$10.4m (up 274% from 2Q 2023). Net income: US$181.0k (up US$14.4m from 2Q 2023). Profit margin: 1.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electronic industry in the US.
공시 • Jul 29Koito Manufacturing Co., Ltd. (TSE:7276) entered into a definitive agreement to acquire Cepton, Inc. (NasdaqCM:CPTN) from Koito Manufacturing Co., Ltd. (TSE:7276) and others for $55.3 million.Koito Manufacturing Co., Ltd. (TSE:7276) entered into a definitive agreement to acquire Cepton, Inc. (NasdaqCM:CPTN) from Koito Manufacturing Co., Ltd. (TSE:7276) and others for $55.3 million on July 29, 2024. The shareholders will receive $3.17 per share. Cepton will be required to pay a termination fee to Parent equal to $1,250,000. Koito will be required to pay a reverse termination fee to the Company equal to $5,000,000. The transaction was approved by Koito's board and shall cause shall cause Holdco, in its capacity as the sole stockholder of Merger Sub, to approve the adoption of this Agreement. The transaction was approved unanimously by Cepton's board or directors on the recommendation of Special Committee. The transaction is subject to the approval of Cepton's shareholders. The transaction is subject to the CFIUS Approval.
Price Target Changed • Jul 24Price target decreased by 28% to US$6.59Down from US$9.13, the current price target is an average from 2 analysts. New target price is 168% above last closing price of US$2.46. Stock is down 64% over the past year. The company is forecast to post a net loss per share of US$1.61 next year compared to a net loss per share of US$3.08 last year.
분석 기사 • Jun 28Will Cepton (NASDAQ:CPTN) Spend Its Cash Wisely?We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
New Risk • Jun 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$10m net loss in 3 years). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$40.1m market cap).
Major Estimate Revision • May 20Consensus revenue estimates increase by 11%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from US$19.0m to US$21.0m. Forecast losses expected to reduce from -US$2.50 to -US$1.61 per share. Electronic industry in the US expected to see average net income growth of 16% next year. Consensus price target of US$9.06 unchanged from last update. Share price fell 7.0% to US$2.81 over the past week.
Reported Earnings • May 15First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: US$0.43 loss per share (improved from US$0.94 loss in 1Q 2023). Revenue: US$1.95m (up 31% from 1Q 2023). Net loss: US$6.83m (loss narrowed 54% from 1Q 2023). Revenue missed analyst estimates by 52%. Earnings per share (EPS) exceeded analyst estimates by 36%. Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electronic industry in the US.
공시 • May 15Cepton, Inc. Provides Earnings Guidance for the Full Year 2024Cepton, Inc. provided earnings guidance for the full year 2024. For the year, the company expects Full year revenue is expected to be between $15 to $25 million.
New Risk • May 08New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$49m Forecast net loss in 3 years: US$5.1m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$5.1m net loss in 3 years). Market cap is less than US$100m (US$48.2m market cap).
공시 • May 08Cepton Unveils Proprietary End-To-End Lidar Simulator, Studioviz™Cepton, Inc. announced the unveiling of its proprietary lidar simulation platform, StudioViz™. Developed by Cepton’s in-house software teams, StudioViz aims to streamline lidar adoption processes from productization to deployment, helping automotive Original Equipment Manufacturers (OEMs) expedite lidar-based advanced driver assistance systems (ADAS) and autonomous vehicle (AV) development at minimized implementation costs. StudioViz also offers a powerful tool to facilitate a broad spectrum of cutting-edge R&D initiatives in ADAS and AV by researchers and universities. StudioViz is designed and built to offer an array of functionalities, including: Virtual environment creation: StudioViz enables the creation of customized virtual elements to simulate real-world scenarios for testing lidar-based ADAS and AV use cases across urban and highway environments. High-fidelity lidar data visualization: The platform simulates data from Cepton’s comprehensive portfolio of lidar sensor models, including the long-range Ultra, medium-range Vista-X series and near-range Nova, to generate realistic 3D point clouds, facilitating insights into sensor behavior and system performance under various conditions. Placement optimization: Utilizing StudioViz, OEMs will be able to explore different placement options of Cepton’s lidar hardware, virtually integrating a single or multiple lidar sensors into different locations around a vehicle, supported by physics-based studies modeling sensor behavior at these locations. Sensor fusion assessment: Simulated lidar data from StudioViz can be integrated with other sensor simulations (such as camera) to evaluate sensor fusion results and assess the effectiveness of perception algorithms such as object detection, labeling and localization. Perception solution development: StudioViz generates accurate lidar data that can be annotated with ground truth information, such as object type and bounding boxes, to train, validate and refine perception algorithms for accurate vehicle and pedestrian detection, tracking and classification, lane and curb detection, path planning and ego-motion estimation. Manufacturing validation and scaling: StudioViz can utilize real-world sensor modeling, taking data from sensors at critical stages of manufacturing and calibration processes to enable comprehensive validation of sensor performance before reaching the customer, furthering Cepton's commitment to sustainable and scalable manufacturing for mass-market adoption.Utilizing StudioViz’s powerful simulation tools, OEMs and research entities will be able to accurately gauge the suitability of Cepton’s lidar solutions for their needs, custom integration plans and develop perception capabilities without substantial investments in hardware, installation and data acquisition, while reducing the need to build real-life testing scenarios that are sometimes challenging to reproduce due to constraints such as road infrastructure and weather conditions.
공시 • May 03Cepton, Inc. to Report Q1, 2024 Results on May 13, 2024Cepton, Inc. announced that they will report Q1, 2024 results After-Market on May 13, 2024
Major Estimate Revision • Apr 08Consensus revenue estimates fall by 44%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$33.6m to US$19.0m. Forecast losses increased from -US$2.29 to -US$2.50 per share. Electronic industry in the US expected to see average net income growth of 12% next year. Consensus price target of US$9.06 unchanged from last update. Share price fell 3.5% to US$3.27 over the past week.
분석 기사 • Apr 05After Leaping 28% Cepton, Inc. (NASDAQ:CPTN) Shares Are Not Flying Under The RadarCepton, Inc. ( NASDAQ:CPTN ) shareholders would be excited to see that the share price has had a great month, posting a...
분석 기사 • Apr 03Time To Worry? Analysts Just Downgraded Their Cepton, Inc. (NASDAQ:CPTN) OutlookThe analysts covering Cepton, Inc. ( NASDAQ:CPTN ) delivered a dose of negativity to shareholders today, by making a...
Reported Earnings • Mar 31Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: US$3.08 loss per share (down from US$0.64 profit in FY 2022). Revenue: US$13.1m (up 76% from FY 2022). Net loss: US$48.5m (down US$57.9m from profit in FY 2022). Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the US.
공시 • Mar 29Cepton, Inc. Reports Loss on Impairment of Property and Equipment for the Three Months Ended December 31, 2023Cepton, Inc. reported loss on impairment of property and equipment for the Three Months Ended December 31, 2023. For the period, the company reported loss on impairment of property and equipment of USD 387,000.
분석 기사 • Mar 27Here's Why We're Watching Cepton's (NASDAQ:CPTN) Cash Burn SituationJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
공시 • Mar 13Cepton, Inc. to Report Q4, 2023 Results on Mar 28, 2024Cepton, Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Mar 28, 2024
공시 • Jan 09Cepton, Inc. Unveils of Its New Automotive Lidar, UltraCepton, Inc. announced the unveiling of its new automotive lidar, Ultra. Ultra is the world’s slimmest adaptive, long-range lidar, designed based on real OEM requirements for next-generation consumer vehicle ADAS and automated driving capabilities. It boasts Cepton’s latest innovation – MagnoSteer™ – to enable an unmatched combination of performance, power efficiency, and compactness: Maximum detection range: 300 m at 10% reflectivity; Angular resolution: 0.05° x 0.05° within regions of interest (ROI); Field of view: 120° (H) x 25° (V) maximum, software definable; Typical Power consumption: 12 W; Data rate: up to 3.8 million points per second; Size: 150 (W) x 24 (H) x 90 (D) mm. Ultra is by far the smallest, slimmest high-performance automotive lidar on the market today. Similar performing lidar systems are typically triple the volume and double the height. With its extremely compact form factor and power efficiency, Ultra is designed for seamless integration into various locations on a vehicle without the need for an additional cooling system. It can be embedded behind the windshield and into the roofline, the headlamps and the fascia, enabling high-precision perception for various automotive use cases. Ultra’s software definable field of view and ROIs enable adaptive perception capabilities to help the vehicle stay focused on high-priority objects. The ROIs are dynamically tunable, creating real-time zones around key objects, such as vehicles and pedestrians, making them stand out against background objects that do not require as many data points. This increases the overall energy efficiency of the automotive perception system without compromising precision. The MagnoSteer architecture also enables more advanced perception capabilities within a single-sensor architecture in the future.
공시 • Jan 06+ 1 more updateCepton, Inc. Announces Executive ChangesOn January 5, 2024, Hull Xu tendered his resignation, resigning from his position as principal financial officer and principal accounting officer, of Cepton, Inc. to pursue other opportunities. The Company accepted Mr. Xu’s resignation, effective as of January 5, 2024. In connection with Mr. Xu’s resignation, the board of directors of the Company appointed Dong (Dennis) Chang, the Company’s current Sr. Vice President of Manufacturing, as principal financial officer and principal accounting officer, effective as of January 5, 2024. Mr. Chang has served as the Company’s Sr. Vice President of Manufacturing since December 2023, and previously served as Vice President of Manufacturing for the Company since February 2022. Prior to that, he served as Vice President of Manufacturing for Cepton Technologies, Inc. since May 2019. Prior to joining Cepton Technologies, Inc., Mr. Chang served as an Engineering Manager at Bromic Group Pty Ltd. from October 2017 to April 2019. Mr. Chang has an M.B.A. from Macquarie University and a B.Eng. in Automobile Engineering from Tsinghua University.
Major Estimate Revision • Nov 16Consensus revenue estimates decrease by 34%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$17.1m to US$11.3m. EPS estimate increased from -US$3.58 to -US$2.93 per share. Electronic industry in the US expected to see average net income growth of 9.7% next year. Consensus price target down from US$20.80 to US$16.40. Share price fell 19% to US$3.08 over the past week.
공시 • Nov 12Cepton, Inc. Provides Earnings Guidance for the Year 2023Cepton, Inc. provided earnings guidance for the year 2023. Full year 2023 revenue is expected to be between $9 million and $11 million.
Reported Earnings • Nov 12Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: US$0.71 loss per share (improved from US$1.12 loss in 3Q 2022). Revenue: US$3.83m (up 113% from 3Q 2022). Net loss: US$11.3m (loss narrowed 35% from 3Q 2022). Revenue missed analyst estimates by 25%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electronic industry in the US.
공시 • Oct 20Cepton, Inc. to Report Q3, 2023 Results on Nov 09, 2023Cepton, Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023
Price Target Changed • Sep 28Price target decreased by 7.6% to US$20.80Down from US$22.50, the current price target is an average from 5 analysts. New target price is 437% above last closing price of US$3.87. Stock is down 79% over the past year. The company is forecast to post a net loss per share of US$3.58 compared to earnings per share of US$0.64 last year.
분석 기사 • Sep 22Here's Why We're Not Too Worried About Cepton's (NASDAQ:CPTN) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
공시 • Sep 20Cepton, Inc. Announces the Appointment of Mitch Hourtienne to Chief Commercial OfficerCepton, Inc. announced the appointment of Mitch Hourtienne to Chief Commercial Officer, overseeing the Company’s business growth and market success. In the newly created role, Mr. Hourtienne will continue to lead Cepton’s business development, product management and marketing teams to solidify the Company’s leadership in automotive and smart infrastructure markets and strengthen strategic partnerships with world-class industry leaders. Mr. Hourtienne joined Cepton in 2018 and played a pivotal role in establishing the Company’s center of excellence in Detroit, serving the automotive heartland with multi-decade expertise in OEM integration and sensor technology. Mr. Hourtienne’s contributions were also instrumental in securing Cepton’s ADAS lidar series production award with General Motors and in strengthening its partnership with Tier 1 supplier, Koito Manufacturing Co. Ltd. Prior to joining Cepton, Mr. Hourtienne amassed twenty years of experience winning and launching sensor product businesses in the automotive and semiconductor industries, having held positions in engineering, product management and business development at global leaders such as Sensata Technologies, Freescale Semiconductor, Infineon and Continental.
Recent Insider Transactions • Aug 13Co-Founder recently sold US$195k worth of stockOn the 10th of August, Jun Pei sold around 250k shares on-market at roughly US$0.78 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jun has been a net seller over the last 12 months, reducing personal holdings by US$745k.
Reported Earnings • Aug 08Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: US$0.09 loss per share (down from US$0.005 profit in 2Q 2022). Revenue: US$2.79m (up 8.9% from 2Q 2022). Net loss: US$14.2m (down US$15.0m from profit in 2Q 2022). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 5.3%. Revenue is forecast to grow 73% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the US.
New Risk • Jul 29New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
공시 • Jul 14Cepton, Inc. to Report Q2, 2023 Results on Aug 07, 2023Cepton, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 07, 2023
New Risk • Jul 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Major Estimate Revision • May 16Consensus EPS estimates upgraded to US$0.34 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$17.6m to US$16.9m. 2023 losses expected to reduce from -US$0.407 to -US$0.34 per share. Electronic industry in the US expected to see average net income growth of 3.8% next year. Consensus price target up from US$2.25 to US$2.35. Share price was steady at US$0.40 over the past week.
Reported Earnings • May 11First quarter 2023 earnings released: US$0.094 loss per share (vs US$0.36 profit in 1Q 2022)First quarter 2023 results: US$0.094 loss per share (down from US$0.36 profit in 1Q 2022). Net loss: US$14.7m (down 136% from profit in 1Q 2022). Revenue is forecast to grow 74% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the US.
공시 • May 05Cepton, Inc. Announces Appointment of Luis Gonçalves as Director of Customer ProgramsCepton, Inc. announced the addition of Luis Gonçalves to its Detroit team as Director of Customer Programs. In his new role at Cepton, Gonçalves will lead the Company’s Detroit automotive customer programs, enabling volume production ramp through Cepton’ s ADAS lidar program with lead OEM customer as well as future production awards from other automotive customers. He will oversee onsite support to ensure technical success, facilitate engineering change requests and implementation and drive cross-department collaboration to meet project execution goals. Gonçalves has 14 years of engineering experience in the automotive industry. Before joining Cepton, he spent 9 years at General Motors working as a Senior Lidar Development Engineer, Lidar Performance Engineer for Ultra Cruise, and most recently Engineering Leader of User Experience and Connectivity within GM’s Autonomous Vehicle Technology Program. Prior to GM, Gonçalves was a Quality Engineering Coordinator at Honda North America. Gonçalves has a B.S. in Mechanical Engineering from Michigan State University and a M.S. in Automotive Manufacturing Engineering from the University of Michigan.
Major Estimate Revision • Apr 19Consensus revenue estimates decrease by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$20.3m to US$17.5m. EPS estimate unchanged from -US$0.39 per share at last update. Electronic industry in the US expected to see average net income growth of 3.0% next year. Consensus price target of US$2.35 unchanged from last update. Share price fell 3.5% to US$0.41 over the past week.
Major Estimate Revision • Mar 21Consensus revenue estimates decrease by 26%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from US$27.5m to US$20.3m. EPS estimate increased from -US$0.457 to -US$0.387 per share. Electronic industry in the US expected to see average net income growth of 4.0% next year. Consensus price target down from US$3.44 to US$2.35. Share price fell 9.1% to US$0.46 over the past week.
Recent Insider Transactions • Mar 19Co-Founder recently sold US$270k worth of stockOn the 16th of March, Jun Pei sold around 500k shares on-market at roughly US$0.54 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jun has been a net seller over the last 12 months, reducing personal holdings by US$550k.
Reported Earnings • Mar 15Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: US$0.064 (up from US$1.36 loss in FY 2021). Net income: US$9.38m (up US$46.6m from FY 2021). Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the US.
Recent Insider Transactions Derivative • Feb 26Co-Founder & CTO notifies of intention to sell stockMark McCord intends to sell 260k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of February. If the sale is conducted around the recent share price of US$1.16, it would amount to US$302k. Since March 2022, Mark has owned 10.41m shares directly. There has only been one transaction (US$280k sale) from insiders over the last 12 months.
Recent Insider Transactions Derivative • Feb 19Co-Founder notifies of intention to sell stockJun Pei intends to sell 2m shares in the next 90 days after lodging an Intent To Sell Form on the 15th of February. If the sale is conducted around the recent share price of US$1.20, it would amount to US$1.8m. Since March 2022, Jun's direct individual holding has decreased from 30.17m shares to 29.18m. There has only been one transaction (US$280k sale) from insiders over the last 12 months.
공시 • Feb 15Cepton, Inc. to Report Q4, 2022 Results on Mar 14, 2023Cepton, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Mar 14, 2023
공시 • Jan 21Cepton, Inc. announced that it has received $100 million in funding from Koito Manufacturing Co., Ltd.On January 19, 2023, Cepton, Inc. closed the transaction.
공시 • Jan 04Cepton, Inc. Unveils New Lidar, Vista®-X120 PlusCepton, Inc. announced the unveiling of its groundbreaking new lidar, the Vista®-X120 Plus. The Vista-X120 Plus is the slim software definable, top-end automotive lidar for real-time adaptive 3D perception. Embodying the automotive industry’s biggest trends – safety, autonomy, software definability and electrification – it packs Cepton’s next-generation innovations, enhancing lidar performance without compromising reliability, size, power efficiency and cost. This game-changing lidar has been recognized in the CES 2023 Innovation Award program in the Vehicle Tech & Advanced Mobility category and will be showcased at booth No. 5553, LVCC – West Hall during CES in Las Vegas, NV, from January 5, 2022 to January 8, 2023. The Vista-X120 Plus advances Cepton’s vision for mass-market lidar adoption. Expanding on Cepton’s commercially scalable Vista-X90 lidar, which will be deployed in the Company’s ADAS lidar series production program, the Vista-X120 Plus offers significantly higher performance and embeddability: a 500% increase in data rate, 30° wider field of view, over 20% reduction in size and 50% reduction in height. Featuring a software definable region of interest (ROI), the Vista-X120 Plus enables higher dynamic perception capabilities. Its tunable central field of view with increased angular resolution enables higher accuracy in the detection and classification of key objects in a given driving scenario. The ROI is configurable in real time in both horizonal and vertical directions, unlocking a higher level of intelligence and efficiency, while making the lidar sensor versatile and adaptive to various use cases – same hardware, flexible adoption. With a production size of 140 (W) x 30 (H) x 150 (D) mm, the Vista-X120 Plus offers an unparalleled combination of slimness, compactness and embeddability. Its footprint is ~50% slimmer and smaller than the competition, enabling greater OEM integration and placement options without disrupting vehicle appearance. At its <18 W power consumption, Vista-X120 Plus offers a 200 m range at 10% reflectivity, angular resolutions of 0.05° (ROI) and 0.1° (non-ROI), a 120° x 25° field of view and a data rate of over 6 million points per second. With a target price point below $500 for volume production, the automotive-grade Vista-X120 Plus is positioned for mass-market deployment. Building upon Cepton’s patented MMT® technology, it features an elegant precision opto-mechanical architecture with infinite mechanical life to maximize durability and reliability for automotive use. Its modular design and off-the-shelf components make it easily manufacturable in large volumes at low costs.
공시 • Dec 09Cepton, Inc. to Unveil New Lidar and Showcase Automotive Integration At CES 2023Cepton, Inc. announced additional details around its plans for the upcoming CES 2023, held in Las Vegas, NV, from January 5-8, 2023. Cepton’s booth (No. 5553, LVCC – West Hall) will feature a Chevy Silverado and a Ford F-150 equipped with the company’s latest vehicle integration solutions. Both of Cepton’s near-range and long-range automotive lidars will be seamlessly embedded into multiple locations around the vehicles, including the headlamps, fog lamps, side mirrors, front grille and tailgate. Booth visitors can expect to see one of the industry’s first full, in-vehicle integrations of lidar technology in automotive lighting systems. This solution features a combination of Cepton’s automotive lidars embedded within a vehicle’s headlamps and fog lamps to simultaneously enable near-range blind spot elimination and long-range obstacle detection. Combined with a fully integrated cleaning system from Koito Manufacturing Co. Ltd. During CES, Cepton will also unveil its next-generation automotive lidar, Vista®-X120 Plus. With an unprecedented combination of ultra slim and compact design, top-end performance and real-time adaptive 3D perception, Vista-X120 Plus is designed for both today’s consumer vehicles as well as the next generation – intelligent, electrified and software-defined. Cepton has been recognized by the CES 2023 Innovation Award program in the Vehicle Tech & Advanced Mobility category for this product. Cepton representatives will be available at CES 2023 to share additional details about Vista-X120 Plus, with product demonstrations available upon request. Cepton’s 3,000 sq ft booth will feature live demonstrations of its full suite of automotive lidar solutions as well as its collaborations with leading automotive partners. Two conference rooms are available to host meetings with Cepton CEO Dr. Pei, other members of the company’s leadership team, and a Koito delegation led by Mr. Takayuki Katsuda, Managing Corporate Officer of Koito. Mr. Katsuda is leading Koito's automotive technology solutions and previously served as the Chief Engineer at Toyota /Lexus.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to US$1.36, the stock trades at a trailing P/E ratio of 15.4x. Average forward P/E is 15x in the Electronic industry in the US. Total loss to shareholders of 86% over the past year.
공시 • Nov 17Cepton, Inc. to unveil Vista-X120 Plus at CES 2023 in Las Vegas, NVCepton, Inc. announced that it has been recognized for its next-generation automotive lidar product, Vista®-X120 Plus, in the CES Innovation Award program as a 2023 honoree in the Vehicle Tech & Advanced Mobility category. Cepton will unveil Vista-X120 Plus at CES 2023 in Las Vegas, NV. The product will be showcased at Cepton’s booth (No. 5553, LVCC – West Hall) January 5-8, 2023. Customers can expect to learn more from a full product reveal shortly prior to the event. Vista-X120 Plus features an unprecedented combination of ultra slim and small form factor, top-end performance and real-time adaptive 3D perception. While unlocking the next level of perception capabilities to “see” finer objects, further away, Vista-X120 Plus continues to embody Cepton’s core competencies in achieving the right balance between automotive-grade reliability, seamless embeddability and cost efficiency to achieve mass-market scalability.
Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Vice Chairman of the Board & Secretary Winston Fu is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 09Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: US$0.11 loss per share. Net loss: US$17.4m (loss widened 122% from 3Q 2021). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 4.8%. Revenue is forecast to grow 94% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the US.
공시 • Nov 09Cepton, Inc. Provides Earnings Guidance for the Year 2022Cepton, Inc. provided earnings guidance for the year 2022. Full year 2022 revenue is still expected to be between $7 million to $9 million.
공시 • Oct 19Cepton, Inc. to Report Q3, 2022 Results on Nov 08, 2022Cepton, Inc. announced that they will report Q3, 2022 results After-Market on Nov 08, 2022
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improved over the past weekAfter last week's 44% share price gain to US$2.68, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 14x in the Electronic industry in the US. Total loss to shareholders of 73% over the past year.
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improved over the past weekAfter last week's 28% share price gain to US$2.09, the stock trades at a trailing P/E ratio of 13.9x. Average forward P/E is 14x in the Electronic industry in the US. Total loss to shareholders of 79% over the past year.
분석 기사 • Aug 24Shareholders In Cepton (NASDAQ:CPTN) Should Look Beyond Earnings For The Full StoryEven though Cepton, Inc. ( NASDAQ:CPTN ) posted strong earnings recently, the stock hasn't reacted in a large way. We...
공시 • Aug 24Cepton, Inc. to Showcase Lidar in Automotive Headlamp in Collaboration with ZKW at IAA Transportation 2022Cepton, Inc. announced it will showcase a lidar integration solution for automotive headlamps at the upcoming IAA Transportation 2022 conference. The demonstration will be conducted in collaboration with ZKW Group GmbH, a specialist for premium lighting systems and electronics. From September 20th to 25th, 2022, at Booth B58 in Hall 12, Cepton will exhibit its Nova lidar integrated into a heavy-duty truck headlamp provided by ZKW. Visitors to the Cepton booth can also expect to see live demonstrations of Nova’s near-range 3D sensing capabilities, which are designed to help eliminate perception blind spots around automobiles. Cepton’s near-range lidar Nova features an unprecedented combination of miniature size, high resolution and superior field of view coverage in both vertical and horizontal directions. Its extremely compact form factor unlocks flexible, seamless integration options around the vehicle to provide 360° perception. This helps the vehicle accurately detect close-proximity objects such as pedestrians, bicycles and obstacles on the road surface. Powered by Cepton’s patented lidar technology and proprietary ASIC, Nova achieves unparalleled system and energy efficiency, making it suitable for everyday consumer and commercial vehicles, including electrical vehicles. With blind spot detection becoming a mandated vehicle safety feature, Nova offers an ideal solution for an expanding range of automotive applications. It can be deployed across Advance Driver Assistance Systems and Autonomous Vehicles to enhance the protection of vulnerable road users while enabling autonomous driving and parking capabilities. By working with ZKW, Cepton is able to demonstrate how Nova can be easily fitted into headlamps, a compelling location for lidar integration. The headlamp integration solution features discrete embedment, cleaning mechanism and sensor protection in a single package to offer maximized elegance and ease of maintenance. It also enables a dual sensor design for cut-in detection. Cepton’s patented lidar technology enables an optimal balance between performance, reliability and cost efficiency. Cepton offers a comprehensive portfolio of lidar solutions, including lidar sensors for near range to ultra-long range and intelligent perception solutions for automotive and smart infrastructure applications.
Reported Earnings • Aug 10Second quarter 2022 earnings released: EPS: US$0.005 (vs US$0.15 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.005 (up from US$0.15 loss in 2Q 2021). Net income: US$843.0k (up US$11.0m from 2Q 2021). Over the next year, revenue is forecast to grow 204%, compared to a 10.0% growth forecast for the industry in the US.
공시 • Aug 10Cepton, Inc. Provides Earnings Guidance for the Full Year 2022Cepton, Inc. provided earnings guidance for the Full Year 2022. For the period, the company expects revenue expected to be between $7 million to $9 million.
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$1.64, the stock trades at a trailing P/E ratio of 20.5x. Average forward P/E is 15x in the Electronic industry in the US. Total loss to shareholders of 83% over the past year.
공시 • Aug 02Cepton, Inc. Appoints Dr. Liqun Han as Chief Operating OfficerOn July 27, 2022, the board of directors of Cepton, Inc. appointed Dr. Liqun Han as Chief Operating Officer of the Company, with such appointment to be effective on August 1, 2022. In this role, Dr. Han will serve as the principal operating officer of the Company. Dr. Han, age 53, previously served as the Company’s Senior Vice President of Operations from February 2022 until August 1, 2022, and served in such role for Cepton Technologies, Inc. from October 2016 to September 2020. Prior to joining Cepton Technologies, Inc., Dr. Han was Director of Engineering & Technology at KLA-Tencor, responsible for core technology innovation and new product introduction. Dr. Han received a Ph.D. in Applied Physics and a M.S. in Electrical Engineering from Stanford University, with a specialty in solid-state electronics and optics.
Seeking Alpha • Aug 01Cepton picks internal executive for COO roleCepton (NASDAQ:CPTN) appointed Dr. Liqun Han as COO; he will continue to lead execution of Cepton's flagship ADAS lidar program and drive product success to support the company's growing presence across automotive and smart infrastructure markets. Since joining in 2016, Dr. Han has led Cepton’s product development, commercialization and operational excellence teams as VP, Operations, and most recently as SVP, Operations.
공시 • Jul 28Cepton, Inc. to Report Q2, 2022 Results on Aug 08, 2022Cepton, Inc. announced that they will report Q2, 2022 results After-Market on Aug 08, 2022
Seeking Alpha • Jul 22Cepton: Better Times AheadCepton is headed towards the launch of an automotive production deal for their Lidars. The company continues to project a massive ramp in revenues, but the cash balance only ended March at $45 million. The stock is very appealing considering the business prospects, but the company needs to raise more cash to fund operations before becoming ultra-bullish on the story. A lot of sectors had companies rush to complete SPAC deals and typically the leading companies went first. In the Lidar sensor space, Cepton (CPTN) was the last of a group to complete deals, but the company is not necessarily the worst in the sector. My investment thesis is Bullish on the stock trading at only $1.50 after completing the SPAC deal only back in February. Automotive Pipeline The company has the largest ADAS Lidar series production award to date. The plan is for the series production to start in 2023 with General Motors (GM) Ultra Cruise that combines cameras, radars and Lidar to an integrated ADAS system. Over the next few years, the company will expand the program to over 12+ vehicle models and alliance partners with the deal will be starting with several thousand units shipped this year. Cepton April 2022 Presentation The company hasn't announced a contract award amount yet, but Lidar sensor competitor Innoviz Technologies (INVZ) announced a major $4+ billion deal with an automotive OEM. The deal sets a rather larger hurdle for the GM contract to top. The GM Ultra Cruise deal is supposed to involve thousands of Lidar sensors this year leading to scaled production in 2023 and beyond. In total, Innoviz lists over $6.6 billion in backlog and Luminar Technologies (LAZR) was supposed to be the leader in the automotive sector. The scale of automotive deals and the involvement of Cepton with both GM and Ford (F) provide great coverage for the business targets provided as part of the SPAC deal announced less than a year ago. With the crackdown on SPAC forward projections by mid-2021, the company had a push to not be overly aggressive on projections. Revenue is still set to soar as Smart Infrastructure deals ramp prior to the automotive market that ultimately is forecast to account for 70% of total revenues. Cepton SPAC Presentation Despite some of the positive news on a major OEM deal with GM, the stock has absolutely collapsed to only $1.50. The SPAC deal just closed in February when the shareholders approved the merger at $10. Minimal Business Now As with all of the other Lidar players, Cepton has a very minimal revenue stream right now. For Q1'22, the company only reported revenue of $1.5 million. Revenues were up nearly 240%, but the amount was still near immaterial for a business with a TAM running into the billions. Cepton had promised material revenues of $250 million by 2024 jumping to $861 million in 2025. Analysts now have those numbers targeted at $177 million to $540 million by 2025. Hitting the updated targets would be very bullish for the stock. Seeking Alpha The biggest negative on the stock is the lack of cash on the balance sheet. Cepton ended the March quarter with a cash balance of only $45 million. The company is relying on the Trinity loan facility for another $15 million and a Lincoln Park Capital equity purchase commitment for another $100 million. Cepton only has a market cap of $200+ million, but the company had EBITDA losses of $11.4 million in Q1'22 with negative operating cash flows of $19.5 million. The Lidar sensor company most definitely will need to raise additional funds in order to finance the business and the stock trading at only $1.50 is problematic for this endeavor.
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$1.80, the stock trades at a trailing P/E ratio of 22.5x. Average forward P/E is 14x in the Electronic industry in the US. Total loss to shareholders of 82% over the past year.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$1.54, the stock trades at a trailing P/E ratio of 19.3x. Average forward P/E is 14x in the Electronic industry in the US. Total loss to shareholders of 84% over the past year.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$1.92, the stock trades at a trailing P/E ratio of 24x. Average forward P/E is 16x in the Electronic industry in the US. Total loss to shareholders of 80% over the past year.
Breakeven Date Change • May 14No longer forecast to breakevenThe 4 analysts covering Cepton no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$150.0k in 2024. New consensus forecast suggests the company will make a loss of US$150.0k in 2024.
Board Change • May 14High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Vice Chairman of the Board & Secretary Winston Fu is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • May 02Cepton, Inc. to Report Q1, 2022 Results on May 11, 2022Cepton, Inc. announced that they will report Q1, 2022 results After-Market on May 11, 2022
공시 • Apr 06Cepton, Inc. Announces Executive ChangesCepton, Inc. announced the appointment of Hull Xu, the Company’s Vice President of Finance and Strategy, to the position of Chief Financial Officer, effective April 5, 2022. Mr. Xu will succeed Dr. Winston Fu, Ph.D., who will remain with the Company as an advisor on strategic projects. Dr. Fu will also remain on the board of directors and become Vice Chairman. Mr. Xu is a seasoned investment banker and electrical engineer by training. He has advised many public and private technology companies on capital markets and strategic transactions during his 13-year tenure at the Royal Bank of Canada and at Barclays Investment Bank.
공시 • Mar 07Cepton Inc. Delivers Comprehensive Lidar Solution PortfolioCepton Inc. announced the availability of a broadcast titled, “Lidar Leading the Way to Safe Self-Driving Cars.” Lidar is a technology for determining distances by targeting an object with a laser, bouncing the light off it, and measuring the time for the reflected light beam to return to the receiver. The data is then processed to create three-dimensional representations of the surrounding area. It’s like radar only using light waves that produce crisper scans. Many believe the approach to be integral to the future of autonomous vehicles because its qualities overcome shortcomings of cameras and radar used in AVs today. The combination of highly effective lidar and the geometric growth in the AV market has sparked an inferno of interest in lidar technology companies. A pioneer in the industry, Cepton Inc. has differentiated itself from peers with its innovative MMT (micro-motion) technology that overcomes challenges which have plagued the Advanced Driver Assistance Systems (ADAS) and AV markets related to performance, cost, reliability and vehicle integration. Cepton delivers a comprehensive lidar solution portfolio covering hardware and software, inclusive of proprietary state-of-the-art ASICs and key optoelectronic components.
Seeking Alpha • Mar 01Cepton: Short Squeezes Provide Interesting Short Selling OpportunitiesThe company recently listed on NASDAQ through a SPAC deal and redemptions were around 90%. It seems that retail investors have realized the public float is low and there appears there was a short squeeze on February 17 when the share price hit $80.16. I think we could see more short squeezes in the near future, which could create good short selling scenarios. Historically, short squeezes rarely last more than a couple of days and if that happens again with Cepton stock, the share price is likely to fall back to around $10-$12 per share once more.
공시 • Feb 15Cepton, Inc. announced delayed 10-Q filingOn 02/14/2022, Cepton, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공시 • Feb 12Cepton, Inc. announced that it has received $58.5 million in funding from Koito Manufacturing Co., Ltd.On February 11, 2022, Cepton, Inc. closed the transaction.