Mister Car Wash (MCW) Stock Overview
Provides conveyorized car wash services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
MCW Community Fair Values
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Analyst Price Targets
Mister Car Wash, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.04 |
| 52 Week High | US$7.98 |
| 52 Week Low | US$4.61 |
| Beta | 1.29 |
| 1 Month Change | 0.86% |
| 3 Month Change | 14.66% |
| 1 Year Change | -6.01% |
| 3 Year Change | -24.38% |
| 5 Year Change | n/a |
| Change since IPO | -65.32% |
Recent News & Updates
Narrative Update • Apr 21
MCW: Take Private Offer At 7 Dollars Will Define Balanced Outlook
The analyst price target for Mister Car Wash is now aligned at $7.00, as analysts adjust their views to reflect the agreed all-cash take-private offer at $7 per share and describe this valuation as fair given ongoing retail car wash pressures and continued reinvestment in the business. Analyst Commentary Analysts are largely converging around the US$7.00 take private price, treating it as the reference point for both ratings and valuation work.Narrative Update • Apr 06
MCW: Take Private Deal At 7 Dollars Will Shape Balanced Outlook
Analysts have aligned Mister Car Wash price targets with the agreed $7 per share take-private offer, with several firms raising targets to $7 and generally shifting ratings to more neutral stances as they view the transaction valuation as fair and see limited likelihood of competing bids. Analyst Commentary Street research around Mister Car Wash has converged around the agreed US$7 per share take private price, with most firms shifting to neutral stances and framing the offer as a practical ceiling for the stock in the near term.
Narrative Update • Mar 23
MCW: Take Private Deal At 7 Dollars Will Frame Near Term Outcomes
The analyst price target for Mister Car Wash moves from $5.25 to $7.00 as analysts align their valuation with the announced take private offer at $7 per share and recent updates to revenue growth, discount rate, and future P/E assumptions. Analyst Commentary Street research around Mister Car Wash has quickly converged on the proposed US$7.00 per share take private price, with multiple firms adjusting ratings and targets to reflect the announced transaction with Leonard Green & Partners.Narrative Update • Mar 09
MCW: Take Private Offer At 7 Dollars Will Define Near Term Path
The analyst price target for Mister Car Wash has moved to $7.37 from $7.50, with analysts generally aligning expectations around the $7 per share take private offer and citing the agreed all cash acquisition as the key driver of their updated views. Analyst Commentary Across the Street, research updates are clustering around the US$7 per share take private price, with most firms either moving ratings to more neutral stances or fine tuning targets to match the agreed consideration.Narrative Update • Feb 22
MCW: Take Private Deal At 7 Dollars Will Anchor Future Expectations
The analyst price target for Mister Car Wash has shifted from about $10.09 to $7.50, with analysts pointing to the agreed $7 per share take private offer from Leonard Green & Partners and a recalibration of assumptions such as the discount rate, revenue growth, profit margin, and future P/E to align expectations with the proposed deal valuation. Analyst Commentary Street research has largely converged around the proposed US$7.00 per share take private price, with many firms resetting ratings and targets to reflect the deal terms.Recent updates
Narrative Update • Apr 21
MCW: Take Private Offer At 7 Dollars Will Define Balanced Outlook
The analyst price target for Mister Car Wash is now aligned at $7.00, as analysts adjust their views to reflect the agreed all-cash take-private offer at $7 per share and describe this valuation as fair given ongoing retail car wash pressures and continued reinvestment in the business. Analyst Commentary Analysts are largely converging around the US$7.00 take private price, treating it as the reference point for both ratings and valuation work.Narrative Update • Apr 06
MCW: Take Private Deal At 7 Dollars Will Shape Balanced Outlook
Analysts have aligned Mister Car Wash price targets with the agreed $7 per share take-private offer, with several firms raising targets to $7 and generally shifting ratings to more neutral stances as they view the transaction valuation as fair and see limited likelihood of competing bids. Analyst Commentary Street research around Mister Car Wash has converged around the agreed US$7 per share take private price, with most firms shifting to neutral stances and framing the offer as a practical ceiling for the stock in the near term.Narrative Update • Mar 23
MCW: Take Private Deal At 7 Dollars Will Frame Near Term Outcomes
The analyst price target for Mister Car Wash moves from $5.25 to $7.00 as analysts align their valuation with the announced take private offer at $7 per share and recent updates to revenue growth, discount rate, and future P/E assumptions. Analyst Commentary Street research around Mister Car Wash has quickly converged on the proposed US$7.00 per share take private price, with multiple firms adjusting ratings and targets to reflect the announced transaction with Leonard Green & Partners.Narrative Update • Mar 09
MCW: Take Private Offer At 7 Dollars Will Define Near Term Path
The analyst price target for Mister Car Wash has moved to $7.37 from $7.50, with analysts generally aligning expectations around the $7 per share take private offer and citing the agreed all cash acquisition as the key driver of their updated views. Analyst Commentary Across the Street, research updates are clustering around the US$7 per share take private price, with most firms either moving ratings to more neutral stances or fine tuning targets to match the agreed consideration.Narrative Update • Feb 22
MCW: Take Private Deal At 7 Dollars Will Anchor Future Expectations
The analyst price target for Mister Car Wash has shifted from about $10.09 to $7.50, with analysts pointing to the agreed $7 per share take private offer from Leonard Green & Partners and a recalibration of assumptions such as the discount rate, revenue growth, profit margin, and future P/E to align expectations with the proposed deal valuation. Analyst Commentary Street research has largely converged around the proposed US$7.00 per share take private price, with many firms resetting ratings and targets to reflect the deal terms.Narrative Update • Feb 08
MCW: Refined Discount And Margin Assumptions Will Support Future Earnings Multiple
Analysts have trimmed their 12 month price target on Mister Car Wash by US$1, citing slightly revised assumptions around discount rates, revenue, profit margins and future P/E that still support a fair value estimate near US$10.09. Analyst Commentary Analysts trimming their 12 month price target by US$1 while still landing near a fair value estimate around US$10.09 suggests that, even with slightly more conservative inputs, the broader thesis around Mister Car Wash remains intact.Seeking Alpha • Feb 03
Mister Car Wash: Painting A Cleaner Picture
Summary Mister Car Wash has seen realistic earnings rise to ~$0.35/share as shares fell from $7+ to ~$5, halving adjusted earnings multiples. MCW's business remains capital-intensive with manageable leverage at 2.4x, but operational lease liabilities and private equity ownership add risk. Memberships drive recurring revenue, with 2.2 million unlimited wash club members accounting for three-quarters of over $1 billion in sales. Valuation is more reasonable, and recent improvements in earnings and leverage make me cautiously more upbeat, though not yet compelled to buy. Read the full article on Seeking AlphaAnalysis Article • Jan 29
Many Still Looking Away From Mister Car Wash, Inc. (NASDAQ:MCW)
It's not a stretch to say that Mister Car Wash, Inc.'s ( NASDAQ:MCW ) price-to-earnings (or "P/E") ratio of 19.2x right...Narrative Update • Jan 24
MCW: Steady Guidance And Margins Will Support Membership And Comp Stabilization
Analysts have nudged their fair value estimate for Mister Car Wash slightly higher to about US$10.09 from roughly US$10.08, reflecting updated views on revenue growth, profit margins, and future P/E assumptions following recent price target revisions, such as the US$1 cut highlighted by Morgan Stanley research. Analyst Commentary Bullish analysts looking at Mister Car Wash are framing recent price target revisions as more of a fine tune than a reset, with the modest US$1 adjustment fitting into an updated view of revenue, margin outlook, and P/E assumptions rather than a change in thesis.Narrative Update • Jan 09
MCW: Rebased Expectations Set Stage For Membership And Comp Trend Stabilization
Analysts have reduced their fair value estimate for Mister Car Wash from about US$10.48 to around US$10.08, reflecting concerns about sluggish same store sales trends, challenging upcoming comparisons, and ongoing declines in members per store. Analyst Commentary Recent Street research points to growing caution around Mister Car Wash as same store sales trends soften and membership levels per location remain under pressure.
Narrative Update • Dec 26
MCW: Future Upside Will Hinge On Stabilizing Membership Trends Amid Tough Compares
Analysts have reduced their price target on Mister Car Wash to $6 from $8, citing increasingly sluggish comparable sales trends, tough upcoming comparisons in Q4 and Q1, and a persistent decline in members per store over the past six quarters. Analyst Commentary Analysts see the reset in expectations as reflecting mounting execution risks while still acknowledging a credible long term growth runway if trends stabilize.Analysis Article • Dec 12
A Look At The Fair Value Of Mister Car Wash, Inc. (NASDAQ:MCW)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Mister Car Wash fair value estimate is US$6.40 Mister Car...Narrative Update • Dec 12
MCW: Membership Slump And Tough Comparisons Will Pressure Near-Term Performance
Analysts have trimmed their price target on Mister Car Wash from $8.00 to $6.00, citing increasingly sluggish same store sales trends, tough Q4 and Q1 comparisons, and a persistent decline in members per store that raises the risk of negative comps in the coming quarters. Analyst Commentary Bearish analysts have shifted to a more cautious stance on Mister Car Wash, cutting their price targets to around $6 as they recalibrate expectations for the company’s near term performance.Narrative Update • Nov 28
MCW: Future Gains Will Depend On Stabilizing Membership Trends Into 2025
The analyst price target for Mister Car Wash was reduced from $8 to $6 per share, reflecting analysts’ concerns over sluggish comparable store trends and declining membership figures. Analyst Commentary Recent price target revisions reflect a shifting sentiment surrounding Mister Car Wash, prompted by uneven operational performance and challenging growth comparisons.Narrative Update • Nov 13
MCW: Recovery Potential Will Depend On Membership Trends Stabilizing In 2025
The analyst price target for Mister Car Wash has been lowered from $8 to $6, as analysts cite ongoing sluggish comparable trends and a sustained decline in membership per store. Analyst Commentary Analyst perspectives on Mister Car Wash have shifted as recent trends reflect both growth challenges and valuation reassessments.Narrative Update • Oct 30
MCW: Future Membership Stabilization Will Drive Recovery Amid Recent Weakness
Analysts have lowered their price target for Mister Car Wash from $8.17 to $7.52. They cite ongoing sluggish comparable trends, persistent membership declines, and weaker non-member demand, all of which are impacting near-term growth expectations.Analysis Article • Oct 07
These 4 Measures Indicate That Mister Car Wash (NASDAQ:MCW) Is Using Debt Extensively
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Sep 13
Many Still Looking Away From Mister Car Wash, Inc. (NASDAQ:MCW)
It's not a stretch to say that Mister Car Wash, Inc.'s ( NASDAQ:MCW ) price-to-earnings (or "P/E") ratio of 20.3x right...Analysis Article • Jul 11
Is It Time To Consider Buying Mister Car Wash, Inc. (NASDAQ:MCW)?
Mister Car Wash, Inc. ( NASDAQ:MCW ), might not be a large cap stock, but it saw a decent share price growth of 13% on...Analysis Article • Jun 14
Is Mister Car Wash (NASDAQ:MCW) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • May 16
Shareholders May Be Wary Of Increasing Mister Car Wash, Inc.'s (NASDAQ:MCW) CEO Compensation Package
Key Insights Mister Car Wash's Annual General Meeting to take place on 22nd of May Salary of US$1.00m is part of CEO...Analysis Article • Mar 19
What Is Mister Car Wash, Inc.'s (NASDAQ:MCW) Share Price Doing?
Mister Car Wash, Inc. ( NASDAQ:MCW ), is not the largest company out there, but it saw a double-digit share price rise...Seeking Alpha • Mar 04
Mister Car Wash: Downgrade To Hold On Uncertain FY25 Performance
Summary I recommend a hold rating for Mister Car Wash stock due to uncertainties in FY25, despite strong long-term growth prospects. MCW reported $251 million in revenue with 6% same-store sales growth and 2.3% membership growth, showing strong execution and cost management. Concerns for FY25 include weaker consumer spending, potential inflation resurgence, and lower greenfield expansion targets, impacting membership and revenue growth. Read the full article on Seeking AlphaSeeking Alpha • Feb 20
Mister Car Wash: Quarterly Results Demonstrate That Upside Is Warranted
Summary Mister Car Wash, Inc. reported a 9.2% revenue increase in Q4 2024, driven by new locations and a 6% rise in comparable store sales. Despite a mixed bottom line, adjusted earnings per share exceeded expectations, and profitability metrics like operating cash flow and EBITDA improved year-over-year. The company's 2025 guidance is positive, with expected revenue growth and reduced capital expenditures, focusing on new locations and operational improvements. MCW shares are attractively priced, with a low price-to-book multiple, making Mister Car Wash a compelling “buy” despite recent underperformance. Read the full article on Seeking AlphaAnalysis Article • Feb 18
Investors Appear Satisfied With Mister Car Wash, Inc.'s (NASDAQ:MCW) Prospects
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...
New Narrative • Feb 09
Expansion Of Titanium Membership And Operational Efficiencies Will Improve Future Prospects
Successful introduction of new membership and marketing strategies suggests potential for continued revenue growth and improved ad spend efficiency.Analysis Article • Jan 22
Does Mister Car Wash (NASDAQ:MCW) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Analysis Article • Nov 25
Is It Too Late To Consider Buying Mister Car Wash, Inc. (NYSE:MCW)?
While Mister Car Wash, Inc. ( NYSE:MCW ) might not have the largest market cap around , it led the NYSE gainers with a...Seeking Alpha • Nov 15
Mister Car Wash: A Clean Way To Capture Nice Upside
Summary Despite past mistakes, I now see Mister Car Wash as a soft 'buy' due to its attractive valuation and continued business expansion. The company has shown impressive growth in locations and subscribers, with revenue rising as locations and comparable sales grow. Mister Car Wash's subscription model ensures predictable cash flow, with subscriber revenue growing from 64% in 2021 to 71% in 2023, with that figure rising further this year. While profitability has been volatile, the company's forward-looking metrics and strategic growth initiatives make it a compelling investment opportunity. Read the full article on Seeking AlphaSeeking Alpha • Nov 05
Mister Car Wash: Growth On Track To Accelerate In FY25
Summary I recommend a buy rating for Mister Car Wash (MCW) due to expected 7% growth in FY24 and accelerated growth in FY25. Despite a decline in membership per store, higher-tier membership upgrades and increased revenue per member indicate strong customer value perception. Risks include a prolonged weak consumer spending environment, but MCW's focus on driving retail traffic and price increases supports a positive growth outlook. Read the full article on Seeking AlphaAnalysis Article • Oct 29
Earnings Tell The Story For Mister Car Wash, Inc. (NYSE:MCW)
With a price-to-earnings (or "P/E") ratio of 29.6x Mister Car Wash, Inc. ( NYSE:MCW ) may be sending very bearish...Analysis Article • Oct 02
Is Mister Car Wash (NYSE:MCW) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Narrative • Sep 11
Titanium Membership And Operational Efficiency Fuel Future Growth And Profitability
Strong quarter performance and high Titanium membership penetration indicate efficient operations and potential for increased revenue per member.Seeking Alpha • Aug 02
Mister Car Wash: Rating Upgrade On Better FY25 Growth And Adj EBITDA Performance
Summary I upgraded my rating to buy for Mister Car Wash due to better growth outlook for FY25 and improved adj. EBITDA performance. In 2Q24, MCW reported strong total revenue growth and adj. EBITDA performance. Revised model assumptions show potential for attractive upside. Read the full article on Seeking AlphaAnalysis Article • Jul 15
What You Can Learn From Mister Car Wash, Inc.'s (NYSE:MCW) P/E
Mister Car Wash, Inc.'s ( NYSE:MCW ) price-to-earnings (or "P/E") ratio of 29.9x might make it look like a strong sell...Analysis Article • Jun 17
Is Mister Car Wash (NYSE:MCW) A Risky Investment?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • May 21
When Should You Buy Mister Car Wash, Inc. (NYSE:MCW)?
Mister Car Wash, Inc. ( NYSE:MCW ), might not be a large cap stock, but it received a lot of attention from a...Seeking Alpha • May 21
Mister Car Wash: Remain Hold Rated On Negative Outlook
Summary Mister Car Wash's performance has been poorer than expected, and there are near-term uncertainties. The company reported earnings with modest growth and added new members, but underlying demand remains weak. MCW raised prices for its Platinum package, which may result in more churn and lower growth. Read the full article on Seeking AlphaSeeking Alpha • Apr 20
Mister Car Wash Shines In Profitability, While Shares Appear Fairly Valued
Summary Mister Car Wash is the largest publicly traded machine car wash operator in the U.S. with over 475 locations nationwide. The company has shown solid fiscal improvements in 2023, suggesting a 15% undervaluation in shares given a base-case outlook for FY24. However, the current share price already factors in significant levels of growth, leaving shares slightly overvalued in a bear-case scenario. MCW also faces risk from a cyclical demand environment and a relatively large debt burden. Hold rating issued. Read the full article on Seeking AlphaAnalysis Article • Mar 23
Investors Still Waiting For A Pull Back In Mister Car Wash, Inc. (NYSE:MCW)
Mister Car Wash, Inc.'s ( NYSE:MCW ) price-to-earnings (or "P/E") ratio of 29.8x might make it look like a strong sell...Seeking Alpha • Mar 07
Mister Car Wash's: Downgrade To Hold For The Near-Term Due To Uncertainties
Summary Mister Car Wash's stock rating is downgraded to a hold due to weak performance and uncertainties surrounding its upsell growth strategy. 4Q23 results showed low comparable sales and a lack of recovery momentum, suggesting potential market share loss. The trial promotion of the Titanium offering makes it difficult to assess its long-term viability and impact on the business. Read the full article on Seeking AlphaAnalysis Article • Feb 25
Mister Car Wash (NYSE:MCW) Use Of Debt Could Be Considered Risky
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Jan 29
At US$8.95, Is Mister Car Wash, Inc. (NYSE:MCW) Worth Looking At Closely?
Mister Car Wash, Inc. ( NYSE:MCW ), is not the largest company out there, but it led the NYSE gainers with a relatively...Seeking Alpha • Dec 08
Mister Car Wash: Continued Strong Performance With Potential For Growth Acceleration
Summary MCW has reported strong financial results, beating consensus estimates with 8% revenue growth and 12% comps. SSS grew by 1.7% in the quarter, indicating continued growth on a per-store basis. Upselling existing UWC users to the higher ARPU Titanium package could drive growth acceleration in the future. Read the full article on Seeking AlphaSeeking Alpha • Nov 16
Mister Car Wash: Switching Gears To Reverse
Summary America's largest car wash brand went public in 2021 and lost approximately 50% of its value since then. The growth story is heavily propelled by unsustainable M&A activities and intensive capital expenditures. The unfortunate result is a fragile balance sheet with limited ability to support rapid growth or to absorb headwinds. Investors need to take the intrinsic value approach and focus on clear fundamentals and free cash flows. Discounted cash flow valuation implies a 50% downside potential from current levels. Read the full article on Seeking AlphaSeeking Alpha • Nov 05
Mister Car Wash: Limited Near Term Visibility
Summary MCW is a leading car wash company with 450+ locations with over 2.1 mn UWC loyalty members. The company has been able to leverage its brand positioning within its UWC members to stave off the current weakening macro. It expects to focus on converting users to its recently launched Titanium plan but expects slowing growth in UWC member adds which had been key growth driver historically. Read the full article on Seeking AlphaShareholder Returns
| MCW | US Consumer Services | US Market | |
|---|---|---|---|
| 7D | -0.6% | -1.6% | 2.1% |
| 1Y | -6.0% | -21.2% | 30.6% |
Return vs Industry: MCW exceeded the US Consumer Services industry which returned -19% over the past year.
Return vs Market: MCW underperformed the US Market which returned 31% over the past year.
Price Volatility
| MCW volatility | |
|---|---|
| MCW Average Weekly Movement | 4.8% |
| Consumer Services Industry Average Movement | 7.9% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: MCW has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MCW's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 6,836 | John Lai | www.mistercarwash.com |
Mister Car Wash, Inc., together with its subsidiaries, provides conveyorized car wash services in the United States. It provides express exterior and interior cleaning services. The company serves individual retail and corporate customers.
Mister Car Wash, Inc. Fundamentals Summary
| MCW fundamental statistics | |
|---|---|
| Market cap | US$2.32b |
| Earnings (TTM) | US$110.26m |
| Revenue (TTM) | US$1.07b |
21.0x
P/E Ratio2.2x
P/S RatioIs MCW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MCW income statement (TTM) | |
|---|---|
| Revenue | US$1.07b |
| Cost of Revenue | US$716.48m |
| Gross Profit | US$351.51m |
| Other Expenses | US$241.25m |
| Earnings | US$110.26m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.34 |
| Gross Margin | 32.91% |
| Net Profit Margin | 10.32% |
| Debt/Equity Ratio | 67.2% |
How did MCW perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 20:41 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mister Car Wash, Inc. is covered by 17 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tristan Thomas-Martin | BMO Capital Markets Equity Research |
| Robert Ohmes | BofA Global Research |
| Marvin Fong | BTIG |