Published Equity Dossiers
2 companies under coverage-
Lululemon Athletica Inc. — Post-Q2 Thoughts
Analysis of operating leverage mechanics, Americas comp store sales deceleration, gross margin contraction, Q2 financial statement reformulations, new CEO background, and an enterprise-side Penman Residual Operating Income (ReOI) valuation and simulator.
Price (10 Sep 2026) $96.8812-Mo Target Price $76 to $112Implied Return -22 to +16%Market Cap $10,726MEnterprise Value ~$9,455M -
Ethos Technologies Inc. — Post-Q2 Thoughts
Analysis of revenue recognition mechanics, persistency estimate revisions, third-party distribution concentration, second-quarter financial statements, and an enterprise-side Penman Residual Operating Income (ReOI) valuation.
Price (4 Sep 2026) $39.8512-Mo Target Price $19 to $40Implied Return up to -52.3%Market Cap $2,542MEnterprise Value $2,307M