Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

MongoDB, Inc. develops database software. The Company provides an open-source database platform for automating, monitoring, and deployment backups. MongoDB renders enterprise software integration, platform certification, and commercial licensing services. MongoDB serves clients worldwide.

<ul><li>MongoDB reported strong financial performance for the third quarter of fiscal year 2026.</li><li>The company achieved total revenue of $628.3 million, reflecting a 19% year-over-year growth, surpassing the high end of its guidance.</li><li>This impressive performance was primarily driven by the strength of Atlas, MongoDB's cloud-based database platform, which saw its year-over-year growth accelerate to 30%, compared to 29% in the previous quarter.</li></ul>

MongoDB reported strong financial performance for the third quarter of fiscal year 2026.The company achieved total revenue of $628.3 million, reflecting a 19% year-over-year growth, surpassing the high end of its guidance.This impressive performance was primarily driven by the strength of Atlas, MongoDB's cloud-based database platform, which saw its year-over-year growth accelerate to 30%, compared to 29% in the previous quarter.

MongoDB Is Targeting AI-Native Developers—Will This West Coast Bet Pay Off at Scale?

Dollar Tree, Inc. operates a discount variety store chain in the United States. The Company sells an assortment of everyday general merchandise at the $1.00 price point.

<ul><li>Dollar Tree's recent financial results for the third quarter of fiscal 2025 reflect both headwinds and tailwinds affecting its business.</li><li>The company posted a net sales increase of 9.4% to $4.7 billion, with comparable sales rising by 4.2%.</li><li>This growth was driven by an upswing in average ticket size, particularly influenced by their strategy to expand multi-price assortments, even as store traffic experienced a slight decline.</li></ul>

Dollar Tree's recent financial results for the third quarter of fiscal 2025 reflect both headwinds and tailwinds affecting its business.The company posted a net sales increase of 9.4% to $4.7 billion, with comparable sales rising by 4.2%.This growth was driven by an upswing in average ticket size, particularly influenced by their strategy to expand multi-price assortments, even as store traffic experienced a slight decline.

Dollar Tree: A Tale Of Multiprice Architecture Execution & Merchandise Mix Evolution!

Warner Music Group Corp. records and publishes music. The Company offers music recording, merchandising, sponsoring, touring, and artist management services. Warner Music Group serves customers worldwide.

<ul><li>Warner Music Group (WMG) reported a strong financial performance in the fourth quarter and for the entire fiscal year ending September 30, 2025.</li><li>The company highlighted strategic market maneuvers and operational refinements, contributing to an enhanced market position and robust growth in streaming and overall revenues.</li><li>The following are key takeaways from the earnings call, reflecting both the positives and negatives in the company's recent performance.</li></ul>

Warner Music Group (WMG) reported a strong financial performance in the fourth quarter and for the entire fiscal year ending September 30, 2025.The company highlighted strategic market maneuvers and operational refinements, contributing to an enhanced market position and robust growth in streaming and overall revenues.The following are key takeaways from the earnings call, reflecting both the positives and negatives in the company's recent performance.

Warner Music Group Is Rewiring Its Digital Supply Chain—And That Could Quietly Expand Margins at Scale!

American Eagle Outfitters / Equity Bottom-Up

American Eagle Outfitters, Inc. retails men's and women's casual apparel, footwear, outerwear, and accessories.  The Company's products include jeans, khakis, T-shirts, and other similar apparel.  American Eagle operates in the United States.

<ul><li>American Eagle Outfitters, Inc. (AEO) presented a mixed financial performance for the third quarter of 2025.</li><li>The company's total revenue showed a positive growth trajectory, climbing by 6% to achieve a quarterly record of $1.4 billion.</li><li>Notably, this was driven partly by a return to positive comparable sales, which increased by 4% and marked a meaningful improvement from a previous 1% decline.</li></ul>

American Eagle Outfitters, Inc. (AEO) presented a mixed financial performance for the third quarter of 2025.The company's total revenue showed a positive growth trajectory, climbing by 6% to achieve a quarterly record of $1.4 billion.Notably, this was driven partly by a return to positive comparable sales, which increased by 4% and marked a meaningful improvement from a previous 1% decline.

American Eagle Outfitters Is Winning Gen Z—And Digital Sales Are Surging!

Marvell Technology, Inc. develops and produces semiconductors and related technology. The Company offers security and networking platform, secure data processing, networking, and storage solutions. Marvell Technology serves customers worldwide.

<ul><li>Marvell Technology is exiting the third quarter of fiscal year 2026 with results that reflect strong momentum in its core data center business, alongside rising complexity and execution demands tied to its expanding role in AI infrastructure.</li><li>Revenue reached a record level, supported primarily by sustained strength in data center interconnect, optics, switching, and storage, while communications markets showed signs of recovery after a prolonged inventory correction.</li><li>Management emphasized that demand exceeded internal expectations, particularly in networking-related products, contributing to upside versus guidance and continued operating leverage.</li></ul>

Marvell Technology is exiting the third quarter of fiscal year 2026 with results that reflect strong momentum in its core data center business, alongside rising complexity and execution demands tied to its expanding role in AI infrastructure.Revenue reached a record level, supported primarily by sustained strength in data center interconnect, optics, switching, and storage, while communications markets showed signs of recovery after a prolonged inventory correction.Management emphasized that demand exceeded internal expectations, particularly in networking-related products, contributing to upside versus guidance and continued operating leverage.

Marvell Technology at the Center of AI Buildouts: Is the Company Too Dependent on Hyperscaler Capex?

United States
Insights on the United States (USA)

MongoDB Is Targeting AI-Native Developers—Will This West Coast Bet Pay Off at Scale?

MongoDB reported strong financial performance for the third quarter of fiscal year 2026. The company achieved total revenue of $628.3 million,...

Baptista Research

Dollar Tree: A Tale Of Multiprice Architecture Execution & Merchandise Mix Evolution!

Dollar Tree's recent financial results for the third quarter of fiscal 2025 reflect both headwinds and tailwinds affecting its business. The...

Baptista Research

Warner Music Group Is Rewiring Its Digital Supply Chain—And That Could Quietly Expand Margins at Scale!

Warner Music Group (WMG) reported a strong financial performance in the fourth quarter and for the entire fiscal year ending September 30,...

Baptista Research

American Eagle Outfitters Is Winning Gen Z—And Digital Sales Are Surging!

American Eagle Outfitters, Inc. (AEO) presented a mixed financial performance for the third quarter of 2025. The company's total revenue showed a...

Baptista Research

Marvell Technology at the Center of AI Buildouts: Is the Company Too Dependent on Hyperscaler Capex?

Marvell Technology is exiting the third quarter of fiscal year 2026 with results that reflect strong momentum in its core data center business,...

Baptista Research