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

<ul><li>NVIDIA Corporation recently concluded its fourth quarter of fiscal year 2025 with impressive results, highlighting its continued dominance and growth in the data center and AI markets.</li><li>Revenue for the quarter stood at a record $39.3 billion, marking a 12% sequential increase and a substantial 78% year-on-year growth.</li><li>For the full fiscal year 2025, NVIDIA reported revenues of $130.5 billion, a remarkable 114% increase from the previous year.</li></ul>

NVIDIA Corporation recently concluded its fourth quarter of fiscal year 2025 with impressive results, highlighting its continued dominance and growth in the data center and AI markets.Revenue for the quarter stood at a record $39.3 billion, marking a 12% sequential increase and a substantial 78% year-on-year growth.For the full fiscal year 2025, NVIDIA reported revenues of $130.5 billion, a remarkable 114% increase from the previous year.

Nvidia's Rollercoaster Ride: Why Volatility Will Define Its Future!

Podcast On the Business of Semiconductors, The Circuit

The Circuit

Podcast On the Business of Semiconductors

A Podcast On the Business of Semiconductors. With Jay Goldberg and Ben Bajarin

<ul><li>Nvidia's stock has underperformed this year due to intense scrutiny and high expectations</li><li>Despite strong fundamentals, it is difficult for Nvidia to surprise investors and move the stock price</li><li>Potential for upside lies in Blackwell demand and upcoming announcements, but meaningful surprises may be limited due to the company's high level of scrutiny and public knowledge</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Nvidia's stock has underperformed this year due to intense scrutiny and high expectationsDespite strong fundamentals, it is difficult for Nvidia to surprise investors and move the stock pricePotential for upside lies in Blackwell demand and upcoming announcements, but meaningful surprises may be limited due to the company's high level of scrutiny and public knowledgeThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Episode 107: NVIDIA Earnings and Peak Nvidia? (Sentiment Wise)

Technology / Semiconductor / Internet Research

Nicolas Baratte

<ul>
<li>CEO is clearly saying that demand is growing faster than expected and has visibility into 2025-26 revenues (we have a fairly good line of sight of investment in data centers)</li>
<li>Models are getting better and using up to 100x more computing power (ie chain of thought and reinforcement learning). The AI market is today Consumer, tomorrow Agentic, later on Physical.  </li>
<li>The stock is not expensive at 30x FY26 EPS and 24x FY27 EPS. Get over it.</li>
</ul>


CEO is clearly saying that demand is growing faster than expected and has visibility into 2025-26 revenues (we have a fairly good line of sight of investment in data centers)
Models are getting better and using up to 100x more computing power (ie chain of thought and reinforcement learning). The AI market is today Consumer, tomorrow Agentic, later on Physical.  
The stock is not expensive at 30x FY26 EPS and 24x FY27 EPS. Get over it.


Nvidia: Jan-25 Beat, Apr-25 Beat, Blackwell Demand Is “extraordinary“, Gross Margins Will Improve

Quantitative Researcher, MRM Research

Nico Rosti

Quantitative Researcher

MRM Research

Quantitative Research

Equity Derivatives

<ul>
<li>
<a href="https://www.smartkarma.com/entities/nvidia-corp" target="_blank" data-smartkarma-citation="entities:5891:1" rel="noopener">NVIDIA Corp (NVDA US)</a> will release its earnings at the end of today's US session. This insight offers a quick view of possible support and resistance for derivatives traders.</li>
<li>The stock is currently mildly oversold, aroud 50% probability of reversal according to our quantitative PRICE model and about 78% probability of reversal according to our quantitative TIME model.</li>
<li>
WEEKLY TACTICAL TARGETS: buy below 125 (with room to go to 92 if the earnings are disappointing) and sell above 147 (the limit should be 161). </li>
</ul>



NVIDIA Corp (NVDA US) will release its earnings at the end of today's US session. This insight offers a quick view of possible support and resistance for derivatives traders.
The stock is currently mildly oversold, aroud 50% probability of reversal according to our quantitative PRICE model and about 78% probability of reversal according to our quantitative TIME model.

WEEKLY TACTICAL TARGETS: buy below 125 (with room to go to 92 if the earnings are disappointing) and sell above 147 (the limit should be 161). 


NVIDIA (NVDA US) Support and Resistance Targets Post-Earnings

Managing Director, Zero One, Zero One

Vincent Fernando, CFA

Managing Director, Zero One

Zero One

Founded in 2015, Zero One produces independent investment research and provides corporate finance advisory services with a focus on both listed and private technology companies. Founder Vincent Fernando has over 20 years of experience in US and Asia capital markets.

Independent Investment Research

<ul>
<li>Lite On Signals for Continued Strength in Cloud/AIOT Ahead of Upcoming Nvidia Results</li>
<li>Lite On's 1Q25E Outlook Was Positive and Did Not Indicate A Near-Term Slowdown</li>
<li>Industry Take-Aways -- Still No Signs of Acceleration on PC/Consumer... However Signals Cloud/AIoT Demand Healthy</li>
</ul>


Lite On Signals for Continued Strength in Cloud/AIOT Ahead of Upcoming Nvidia Results
Lite On's 1Q25E Outlook Was Positive and Did Not Indicate A Near-Term Slowdown
Industry Take-Aways -- Still No Signs of Acceleration on PC/Consumer... However Signals Cloud/AIoT Demand Healthy


LITE ON Comments Signal Continued Strength in Cloud/AIOT Ahead of Upcoming Nvidia Results

United States

NVIDIA Corporation designs, develops, and markets three dimensional (3D) graphics processors and related software.  The Company's products provide interactive 3D graphics to the mainstream personal computer market.

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NVIDIA Corp (NVDA US)

Nvidia's Rollercoaster Ride: Why Volatility Will Define Its Future!

NVIDIA Corporation recently concluded its fourth quarter of fiscal year 2025 with impressive results, highlighting its continued dominance and...

Baptista Research

Episode 107: NVIDIA Earnings and Peak Nvidia? (Sentiment Wise)

In summary, Nvidia has faced scrutiny and underperformance in the market, with investors looking for surprises and upside potential in order for...

The Circuit

Nvidia: Jan-25 Beat, Apr-25 Beat, Blackwell Demand Is “extraordinary“, Gross Margins Will Improve

CEO anticipates strong demand growth with significant investments in data centers. AI models are improving with increased computing power. Stock...

Nicolas Baratte

NVIDIA (NVDA US) Support and Resistance Targets Post-Earnings

NVIDIA Corp will release earnings today with insights on support/resistance for derivatives traders. Stock mildly oversold, tactical targets: buy...

Nico Rosti

LITE ON Comments Signal Continued Strength in Cloud/AIOT Ahead of Upcoming Nvidia Results

Lite On shows strong signals for continued growth in Cloud/AIOT, with positive outlook for 1Q25E and healthy demand in the sector. No signs of...

Vincent Fernando, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Nvidia's Rollercoaster Ride: Why Volatility Will Define Its Future!

NVIDIA Corporation recently concluded its fourth quarter of fiscal year 2025 with impressive results, highlighting its continued dominance and...

Baptista Research

Episode 107: NVIDIA Earnings and Peak Nvidia? (Sentiment Wise)

In summary, Nvidia has faced scrutiny and underperformance in the market, with investors looking for surprises and upside potential in order for...

The Circuit

Nvidia: Jan-25 Beat, Apr-25 Beat, Blackwell Demand Is “extraordinary“, Gross Margins Will Improve

​CEO anticipates strong demand growth with significant investments in data centers. AI models are improving with increased computing power. Stock...

Nicolas Baratte

NVIDIA (NVDA US) Support and Resistance Targets Post-Earnings

​NVIDIA Corp will release earnings today with insights on support/resistance for derivatives traders. Stock mildly oversold, tactical targets: buy...

Nico Rosti

LITE ON Comments Signal Continued Strength in Cloud/AIOT Ahead of Upcoming Nvidia Results

​Lite On shows strong signals for continued growth in Cloud/AIOT, with positive outlook for 1Q25E and healthy demand in the sector. No signs of...

Vincent Fernando, CFA

CEO anticipates strong demand growth with significant investments in data centers. AI models are improving with increased computing power. Stock...

NVIDIA Corp will release earnings today with insights on support/resistance for derivatives traders. Stock mildly oversold, tactical targets: buy...

Lite On shows strong signals for continued growth in Cloud/AIOT, with positive outlook for 1Q25E and healthy demand in the sector. No signs of...