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>In a season crowded with earnings calls, margin debates, and cautious optimism, one headline stood out: APi Group has signed an agreement to acquire CertaSite, a Midwest-based fire and life safety services provider.</li><li>The deal, expected to close in Q1 2026 pending regulatory approval, marks another strategic step in APi Group's larger playbook—its 10/16/60+ value creation framework.</li><li>With CertaSite projected to bring in $90 million in revenue for 2025 and described as "accretive," APi is making it clear this isn’t a one-off.</li></ul>

In a season crowded with earnings calls, margin debates, and cautious optimism, one headline stood out: APi Group has signed an agreement to acquire CertaSite, a Midwest-based fire and life safety services provider.The deal, expected to close in Q1 2026 pending regulatory approval, marks another strategic step in APi Group's larger playbook—its 10/16/60+ value creation framework.With CertaSite projected to bring in $90 million in revenue for 2025 and described as "accretive," APi is making it clear this isn’t a one-off.

APi Group Just Made a Bold Bet—The CertaSite Acquisition Explained!

<ul><li>APi Group Corporation's third quarter 2025 financial results showcase a robust performance, highlighted by strong revenue growth and strategic investments in technology and acquisitions.</li><li>The company achieved a 14% increase in net revenues, with organic growth contributing approximately 10%, across both its Safety Services and Specialty Services segments.</li><li>This growth was supported primarily by double-digit expansion in inspection, service, and monitoring revenues in North America, marking the 21st consecutive quarter of such growth.</li></ul>

APi Group Corporation's third quarter 2025 financial results showcase a robust performance, highlighted by strong revenue growth and strategic investments in technology and acquisitions.The company achieved a 14% increase in net revenues, with organic growth contributing approximately 10%, across both its Safety Services and Specialty Services segments.This growth was supported primarily by double-digit expansion in inspection, service, and monitoring revenues in North America, marking the 21st consecutive quarter of such growth.

APi Group Expands Across Aviation, Healthcare, & Infrastructure; What Lies Ahead?

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

<ul>
<li>We are upgrading our outlook to bullish on the S&amp;P 500 (SPX), Nasdaq 100 (QQQ), and Russell 2000 (IWM). Market dynamics have improved considerably ever since major bullish false breakdowns...</li>
<li>...at 6480-6520 on the SPX, 24,000 on Nasdaq futures (NQ), and $245 on the IWM, with all of them now breaking out to all-time highs.</li>
<li>Everything we see suggests bulls remain in control, so we are buying any pullbacks for the foreseeable future to the 20-day MA or 21-day EMAs on SPX, QQQ, and IWM.</li>
</ul>


We are upgrading our outlook to bullish on the S&amp;P 500 (SPX), Nasdaq 100 (QQQ), and Russell 2000 (IWM). Market dynamics have improved considerably ever since major bullish false breakdowns...
...at 6480-6520 on the SPX, 24,000 on Nasdaq futures (NQ), and $245 on the IWM, with all of them now breaking out to all-time highs.
Everything we see suggests bulls remain in control, so we are buying any pullbacks for the foreseeable future to the 20-day MA or 21-day EMAs on SPX, QQQ, and IWM.


Upgrading Outlook to Bullish; Buy the Dips Market; Downgrading Staples to Market Weight

<ul><li>APi Group Corporation delivered robust second-quarter 2025 financial results, showcasing strong revenue growth and strategic advancements across its segments.</li><li>The company experienced solid financial performance, driven by effective execution of its strategic initiatives, yet faced specific challenges that need consideration in an investment analysis.</li><li>On the positive side, APi Group reported an impressive 15% year-over-year increase in net revenues, reaching $2 billion for the second quarter.</li></ul>

APi Group Corporation delivered robust second-quarter 2025 financial results, showcasing strong revenue growth and strategic advancements across its segments.The company experienced solid financial performance, driven by effective execution of its strategic initiatives, yet faced specific challenges that need consideration in an investment analysis.On the positive side, APi Group reported an impressive 15% year-over-year increase in net revenues, reaching $2 billion for the second quarter.

APi Group Corporation: Riding A Strong Backlog & Global Growth to Offset Cost Headwinds!

<ul><li>APi Group Corporation recently held their first quarter 2025 financial results conference call, presenting a mixed picture of both achievements and challenges.</li><li>The company has demonstrated some positive momentum, evidenced by their organic net revenue growth of approximately 2% in Q1 and strong performances in specific sectors.</li><li>However, they also face headwinds, particularly in the Specialty Services segment.</li></ul>

APi Group Corporation recently held their first quarter 2025 financial results conference call, presenting a mixed picture of both achievements and challenges.The company has demonstrated some positive momentum, evidenced by their organic net revenue growth of approximately 2% in Q1 and strong performances in specific sectors.However, they also face headwinds, particularly in the Specialty Services segment.

APi Group Corporation: Surging Ahead with $3.5 Billion Backlog & Robust Market Momentum!

United States

APi Group Corporation is a business services provider of safety, specialty and industrial services globally, with a focus on North America. APi provides statutorily mandated services to long-standing customers across industries.

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

APi Group (APG US)

APi Group Just Made a Bold Bet—The CertaSite Acquisition Explained!

In a season crowded with earnings calls, margin debates, and cautious optimism, one headline stood out: APi Group has signed an agreement to...

Baptista Research

APi Group Expands Across Aviation, Healthcare, & Infrastructure; What Lies Ahead?

APi Group Corporation's third quarter 2025 financial results showcase a robust performance, highlighted by strong revenue growth and strategic...

Baptista Research

Upgrading Outlook to Bullish; Buy the Dips Market; Downgrading Staples to Market Weight

Upgrading Outlook to Bullish $SPX $QQQ $IWM $IJH; Buy the Dips Market; Downgrading Staples to Market Weight $XLP; Add to Growth and Technology $IWF...

Vermilion Research

APi Group Corporation: Riding A Strong Backlog & Global Growth to Offset Cost Headwinds!

APi Group Corporation delivered robust second-quarter 2025 financial results, showcasing strong revenue growth and strategic advancements across...

Baptista Research

APi Group Corporation: Surging Ahead with $3.5 Billion Backlog & Robust Market Momentum!

APi Group Corporation recently held their first quarter 2025 financial results conference call, presenting a mixed picture of both achievements...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)