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>Electronic Arts, a global leader in digital interactive entertainment, has had a strong Q3, continuing to drive deep engagement and record live services by entertaining hundreds of millions of players and fans around the world.</li><li>During Q3, EA Sports FC and EA Sports Madden NFL notably showed tremendous strength, contributing significantly to long-term growth.</li><li>It's worth noting the company's Q3 launch of EA Sports FC '24 has outperformed expectations, showcasing the robust success of the FC platform in capturing the global enthusiasm for football.</li></ul>

Electronic Arts, a global leader in digital interactive entertainment, has had a strong Q3, continuing to drive deep engagement and record live services by entertaining hundreds of millions of players and fans around the world.During Q3, EA Sports FC and EA Sports Madden NFL notably showed tremendous strength, contributing significantly to long-term growth.It's worth noting the company's Q3 launch of EA Sports FC '24 has outperformed expectations, showcasing the robust success of the FC platform in capturing the global enthusiasm for football.

Electronic Arts: A Tale Of Diversification and Expansion of Gaming Communities! - Major Drivers

<ul><li>Electronic Arts delivered an all-around beat in the previous quarter.</li><li>Notably, EA SPORTS has reinforced its position as a vanguard in sports fandom with the launch of two highly acclaimed interactive experiences, Madden NFL 24 and EA SPORTS FC 24.</li><li>Looking ahead, EA's team anticipates sustained momentum with upcoming releases like EA SPORTS NHL 24, EA SPORTS UFC 5, FC Tactical, and EA SPORTS College Football.</li></ul>

Electronic Arts delivered an all-around beat in the previous quarter.Notably, EA SPORTS has reinforced its position as a vanguard in sports fandom with the launch of two highly acclaimed interactive experiences, Madden NFL 24 and EA SPORTS FC 24.Looking ahead, EA's team anticipates sustained momentum with upcoming releases like EA SPORTS NHL 24, EA SPORTS UFC 5, FC Tactical, and EA SPORTS College Football.

Electronic Arts Inc.: Expanding Engagement Opportunities

<ul><li>Electronic Arts delivered a mixed set of results in the last quarter, with revenues below the analyst consensus.</li><li>The company achieved net bookings of $1.6 billion, up 21% yearly, due to continued growth across the EA SPORTS FIFA ecosystem and the release of Star Wars Jedi: Survivor.</li><li>Electronic Arts executed across its business during the quarter, introducing 5 new high-quality titles and offering over 145 content upgrades across 37 titles.</li></ul>

Electronic Arts delivered a mixed set of results in the last quarter, with revenues below the analyst consensus.The company achieved net bookings of $1.6 billion, up 21% yearly, due to continued growth across the EA SPORTS FIFA ecosystem and the release of Star Wars Jedi: Survivor.Electronic Arts executed across its business during the quarter, introducing 5 new high-quality titles and offering over 145 content upgrades across 37 titles.

Electronic Arts Inc.: he Big Push in Mobile Gaming and Major Drivers! - Financial Forecasts

<ul><li>Electronic Arts managed to surpass the revenue expectations as well as the earnings expectations of Wall Street in its recent quarterly result.</li><li>The fiscal year 2023 saw EA SPORTS FIFA thrive, with double-digit growth in net bookings and FIFA 23 becoming the best-selling title in franchise history.</li><li>We give Electronic Arts Inc. a 'Hold' rating with a revised target price.</li></ul>

Electronic Arts managed to surpass the revenue expectations as well as the earnings expectations of Wall Street in its recent quarterly result.The fiscal year 2023 saw EA SPORTS FIFA thrive, with double-digit growth in net bookings and FIFA 23 becoming the best-selling title in franchise history.We give Electronic Arts Inc. a 'Hold' rating with a revised target price.

Electronic Arts Inc.: New Game Launches & Other Drivers

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>The founder and former chairman and CEO of <a href="https://www.smartkarma.com/entities/nexon-co-ltd" target="_blank" data-smartkarma-citation="entities:16032:1" rel="noopener">Nexon (3659 JP)</a> passed away according to both Nexon and his holding company NXC. Both announced it late afternoon 1 March.</li>
<li>NXC - the near-parent  (47+% stake) of Nexon tried to sell Nexon/NXC in H1 2019 to no avail. Since then, profits have rebounded somewhat, and investments have multiplied. </li>
<li>The estate may wish to sell Nexon shares, or its entire stake, at some point near-term.</li>
</ul>


The founder and former chairman and CEO of Nexon (3659 JP) passed away according to both Nexon and his holding company NXC. Both announced it late afternoon 1 March.
NXC - the near-parent  (47+% stake) of Nexon tried to sell Nexon/NXC in H1 2019 to no avail. Since then, profits have rebounded somewhat, and investments have multiplied. 
The estate may wish to sell Nexon shares, or its entire stake, at some point near-term.


Nexon - Founder Kim Jung-Ju Passes, Raises Question if Nexon Deal Is Back In Play

United States

Electronic Arts Inc. develops, publishes, and distributes branded interactive entertainment software worldwide for video game consoles, personal computers, handheld game players, and cellular handsets. The Company also provides online game-related services.

Electronic Arts (EA US)

Electronic Arts: A Tale Of Diversification and Expansion of Gaming Communities! - Major Drivers

Electronic Arts, a global leader in digital interactive entertainment, has had a strong Q3, continuing to drive deep engagement and record live...

Baptista Research

Electronic Arts Inc.: Expanding Engagement Opportunities

Electronic Arts delivered an all-around beat in the previous quarter. Notably, EA SPORTS has reinforced its position as a vanguard in sports...

Baptista Research

Electronic Arts Inc.: he Big Push in Mobile Gaming and Major Drivers! - Financial Forecasts

Electronic Arts delivered a mixed set of results in the last quarter, with revenues below the analyst consensus. The company achieved net bookings...

Baptista Research

Electronic Arts Inc.: New Game Launches & Other Drivers

Electronic Arts managed to surpass the revenue expectations as well as the earnings expectations of Wall Street in its recent quarterly...

Baptista Research

Nexon - Founder Kim Jung-Ju Passes, Raises Question if Nexon Deal Is Back In Play

Nexon's founder Kim Jung-ju has passed away. This raises the question of the disposition of the 47+% stake belonging to his holding company NXC. If...

Travis Lundy