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>ACI Worldwide, Inc. reported results for the first quarter of 2026 reflecting continued growth and operational execution, building on 2025’s momentum.</li><li>The company achieved 6% organic revenue growth on a constant currency basis, despite the prior year’s strong comparable quarter, marking the strongest organic growth since then.</li><li>Total revenue increased 8% year-over-year to $426 million while recurring revenue rose 10% (8% constant currency) to $313 million, emphasizing increasing demand for its software-led offerings.</li></ul>

ACI Worldwide, Inc. reported results for the first quarter of 2026 reflecting continued growth and operational execution, building on 2025’s momentum.The company achieved 6% organic revenue growth on a constant currency basis, despite the prior year’s strong comparable quarter, marking the strongest organic growth since then.Total revenue increased 8% year-over-year to $426 million while recurring revenue rose 10% (8% constant currency) to $313 million, emphasizing increasing demand for its software-led offerings.

ACI Worldwide’s $1.92 Billion Outlook Signals A Pivotal Software Shift!

<ul><li>ACI Worldwide Inc.'s financial results for the full year 2025 and its outlook for 2026 present a balanced picture of growth and strategic development, paired with some areas of potential vigilance.</li><li>The company achieved a notable milestone, reporting double-digit revenue growth, a 10% increase from 2024 to $1.76 billion in revenues, marking its second consecutive year of such growth.</li><li>This was accompanied by a 9% growth in adjusted EBITDA to $506 million, with the adjusted EBITDA margin expanding to 42%.</li></ul>

ACI Worldwide Inc.'s financial results for the full year 2025 and its outlook for 2026 present a balanced picture of growth and strategic development, paired with some areas of potential vigilance.The company achieved a notable milestone, reporting double-digit revenue growth, a 10% increase from 2024 to $1.76 billion in revenues, marking its second consecutive year of such growth.This was accompanied by a 9% growth in adjusted EBITDA to $506 million, with the adjusted EBITDA margin expanding to 42%.

ACI Worldwide Is Building The Backbone Of Real-Time Payments—Are Banks Increasingly Dependent On Its Technology?

<ul><li>ACI Worldwide Inc. reported a robust third quarter in 2025, showcasing significant strides in revenue growth and operational efficiency.</li><li>The company delivered a 7% year-over-year increase in total revenue, with a notable 10% boost in recurring revenue for the quarter.</li><li>Contributing to this success was a steady performance in both of its primary business segments: the Biller business, which experienced strong growth particularly in the utility and government sectors, and the Payment Software segment, which benefited from high demand across traditional banks and emerging fintech companies.</li></ul>

ACI Worldwide Inc. reported a robust third quarter in 2025, showcasing significant strides in revenue growth and operational efficiency.The company delivered a 7% year-over-year increase in total revenue, with a notable 10% boost in recurring revenue for the quarter.Contributing to this success was a steady performance in both of its primary business segments: the Biller business, which experienced strong growth particularly in the utility and government sectors, and the Payment Software segment, which benefited from high demand across traditional banks and emerging fintech companies.

ACI Worldwide: From Legacy Rails to Connetic Cloud—A Game-Changing Growth Story in Real-Time & Intelligent Payments!

<ul><li>ACI Worldwide, Inc. showcased a mixed yet promising performance in its financial results for the second quarter of 2025.</li><li>The company reported a solid revenue increase of 7% year-over-year and 15% when compared to the first half of 2024.</li><li>These encouraging figures prompted an upward revision in the full-year guidance for both revenue and adjusted EBITDA, suggesting confidence in sustained business momentum.</li></ul>

ACI Worldwide, Inc. showcased a mixed yet promising performance in its financial results for the second quarter of 2025.The company reported a solid revenue increase of 7% year-over-year and 15% when compared to the first half of 2024.These encouraging figures prompted an upward revision in the full-year guidance for both revenue and adjusted EBITDA, suggesting confidence in sustained business momentum.

ACI Worldwide Taps Stablecoin Potential to Disrupt Cross-Border Payments; What Lies Ahead?

Silver Point

Thomas J. Monaco

Silver Point is a boutique research firm that focuses on the broader financial services sector, with a particular focus on troubled institutions globally. 

Asia Ex Japan

Thematic (Sector/Industry)

<ul>
<li>The trend of 2019’s payment services mega-deals is set to continue but in the form of a greater volume of small transactions.</li>
<li>Potential take-out candidates include the likes of: ACI Worldwide (ACIW.US); i3 Verticals (IIIV.US); and Repay Holdings (RPAY.US).</li>
<li> While US will expereince a continuation of deals, Asia will remain the FinTech M&amp;A hotbed. </li>
</ul>


The trend of 2019’s payment services mega-deals is set to continue but in the form of a greater volume of small transactions.
Potential take-out candidates include the likes of: ACI Worldwide (ACIW.US); i3 Verticals (IIIV.US); and Repay Holdings (RPAY.US).
 While US will expereince a continuation of deals, Asia will remain the FinTech M&amp;A hotbed. 


United States

ACI Worldwide, Inc. develops, markets, and supports software products for the global electronics funds transfer market.  The Company's products are used to process transactions involving credit cards, debit cards, smartcards, home banking services, checks, and automated clearing and settlement.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

ACI Worldwide (ACIW US)

ACI Worldwide’s $1.92 Billion Outlook Signals A Pivotal Software Shift!

ACI Worldwide, Inc. reported results for the first quarter of 2026 reflecting continued growth and operational execution, building on 2025’s...

Baptista Research

ACI Worldwide Is Building The Backbone Of Real-Time Payments—Are Banks Increasingly Dependent On Its Technology?

ACI Worldwide Inc.'s financial results for the full year 2025 and its outlook for 2026 present a balanced picture of growth and strategic...

Baptista Research

ACI Worldwide: From Legacy Rails to Connetic Cloud—A Game-Changing Growth Story in Real-Time & Intelligent Payments!

ACI Worldwide Inc. reported a robust third quarter in 2025, showcasing significant strides in revenue growth and operational efficiency. The...

Baptista Research

ACI Worldwide Taps Stablecoin Potential to Disrupt Cross-Border Payments; What Lies Ahead?

ACI Worldwide, Inc. showcased a mixed yet promising performance in its financial results for the second quarter of 2025. The company reported a...

Baptista Research

US FinTech M&A Trend Set to Continue

The trend of 2019’s payment services mega-deals is set to continue but in the form of a greater volume of small transactions. Potential take-out...

Thomas J. Monaco

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)