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>Intuit Inc. reported solid full-year fiscal 2026 results, with total revenue increasing 14% and both GAAP and non-GAAP diluted EPS rising 20%.</li><li>Operating margins expanded, supported by its Big Bets in assisted tax, money, and mid-market, which collectively grew 34% and represented 30% of revenue.</li><li>However, online paying customers increased only 3% year-over-year, reflecting slower-than-desired customer acquisition.</li></ul>

Intuit Inc. reported solid full-year fiscal 2026 results, with total revenue increasing 14% and both GAAP and non-GAAP diluted EPS rising 20%.Operating margins expanded, supported by its Big Bets in assisted tax, money, and mid-market, which collectively grew 34% and represented 30% of revenue.However, online paying customers increased only 3% year-over-year, reflecting slower-than-desired customer acquisition.

Intuit’s Pivotal Shift — 150,000 Accountants Join Its Expanding Ecosystem!

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Index Rebalance

<ul>
<li>On Friday after the close, the S&amp;P DJI Index Committee announced changes to the S&amp;P 100, S&amp;P500, S&amp;P MidCap400, and S&amp;P SmallCap600. Changes happen at the close 15 March 2024.</li>
<li>
<a href="https://www.smartkarma.com/entities/super-micro-computer-inc" target="_blank" data-smartkarma-citation="entities:7921:1" rel="noopener">Super Micro Computer (SMCI US)</a> and <a href="https://www.smartkarma.com/entities/deckers-outdoor-corp" target="_blank" data-smartkarma-citation="entities:3028:1" rel="noopener">Deckers Outdoor (DECK US)</a> replace <a href="https://www.smartkarma.com/entities/zions-bancorporation" target="_blank" data-smartkarma-citation="entities:9490:1" rel="noopener">Zions Bancorporation (ZION US)</a> and <a href="https://www.smartkarma.com/entities/whirlpool-corp" target="_blank" data-smartkarma-citation="entities:1538:1" rel="noopener">Whirlpool Corp (WHR US)</a> in the S&amp;P500. 2 changes to 400, 6 to 600.</li>
<li>The immediate reaction was to send SMCI up 12.5%. That's shortsighted. It pays to count the pennies involved. There are a LOT of pennies.</li>
</ul>


On Friday after the close, the S&amp;P DJI Index Committee announced changes to the S&amp;P 100, S&amp;P500, S&amp;P MidCap400, and S&amp;P SmallCap600. Changes happen at the close 15 March 2024.

Super Micro Computer (SMCI US) and Deckers Outdoor (DECK US) replace Zions Bancorporation (ZION US) and Whirlpool Corp (WHR US) in the S&amp;P500. 2 changes to 400, 6 to 600.
The immediate reaction was to send SMCI up 12.5%. That's shortsighted. It pays to count the pennies involved. There are a LOT of pennies.


S&P 500/400/600 Index Rebal - It's Not The Trade You Think

<ul><li>Intuit Inc. reported its third quarter results for fiscal 2026 with revenue growth of 10%, driven primarily by significant progress in its AI-driven expert platform strategy.</li><li>The company raised full-year guidance across revenue and all non-GAAP metrics following solid performance in key segments.</li><li>High-growth areas included assisted tax services, the money portfolio, and the mid-market business solutions, each expanding north of 30%.</li></ul>

Intuit Inc. reported its third quarter results for fiscal 2026 with revenue growth of 10%, driven primarily by significant progress in its AI-driven expert platform strategy.The company raised full-year guidance across revenue and all non-GAAP metrics following solid performance in key segments.High-growth areas included assisted tax services, the money portfolio, and the mid-market business solutions, each expanding north of 30%.

Intuit’s TurboTax Live Surge: Can 36% Revenue Growth Offset DIY Weakness?

<ul><li>Markets love a good villain.</li><li>Right now, artificial intelligence has become the monster hiding under every software company’s bed.</li><li>Investors seem convinced that generative AI will dismantle legacy platforms and flatten the economics of software.</li></ul>

Markets love a good villain.Right now, artificial intelligence has become the monster hiding under every software company’s bed.Investors seem convinced that generative AI will dismantle legacy platforms and flatten the economics of software.

Intuit & The $300 Billion AI Misunderstanding!

Credit

<ul><li>Intuit Inc., a global technology platform company that provides financial and business management solutions, reported strong second-quarter fiscal year 2026 results.</li><li>The company showcased a solid 17% revenue growth, emphasizing its success through three strategic areas of investment.</li><li>Key elements of Intuit's performance included advancements in artificial intelligence (AI) and human intelligence (HI) integrations, which are central to customer engagement and business operations.</li></ul>

Intuit Inc., a global technology platform company that provides financial and business management solutions, reported strong second-quarter fiscal year 2026 results.The company showcased a solid 17% revenue growth, emphasizing its success through three strategic areas of investment.Key elements of Intuit's performance included advancements in artificial intelligence (AI) and human intelligence (HI) integrations, which are central to customer engagement and business operations.

Can Intuit Inc Keep Credit Karma Momentum As Loan Growth Faces Tougher Comparisons?

United States

Intuit Inc. develops and markets business and financial management software solutions for small and medium sized businesses, financial institutions, consumers, and accounting professionals  The Company provides software for small business management and payroll processing, personal finance, and tax preparation and filing.

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Intuit Inc (INTU US)

Intuit’s Pivotal Shift — 150,000 Accountants Join Its Expanding Ecosystem!

Intuit Inc. reported solid full-year fiscal 2026 results, with total revenue increasing 14% and both GAAP and non-GAAP diluted EPS rising...

Baptista Research

S&P 500/400/600 Index Rebal - It's Not The Trade You Think

The S&P DJI Index Committee announced the March index rebals. Everybody is looking at SMCI because it has run hard til now. That's missing the...

Travis Lundy

Intuit’s TurboTax Live Surge: Can 36% Revenue Growth Offset DIY Weakness?

Intuit Inc. reported its third quarter results for fiscal 2026 with revenue growth of 10%, driven primarily by significant progress in its...

Baptista Research

Intuit & The $300 Billion AI Misunderstanding!

Markets love a good villain. Right now, artificial intelligence has become the monster hiding under every software company’s bed. Investors seem...

Baptista Research

Can Intuit Inc Keep Credit Karma Momentum As Loan Growth Faces Tougher Comparisons?

Intuit Inc., a global technology platform company that provides financial and business management solutions, reported strong second-quarter fiscal...

Baptista Research

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52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Intuit’s Pivotal Shift — 150,000 Accountants Join Its Expanding Ecosystem!

Intuit Inc. reported solid full-year fiscal 2026 results, with total revenue increasing 14% and both GAAP and non-GAAP diluted EPS rising...

Baptista Research

S&P 500/400/600 Index Rebal - It's Not The Trade You Think

​The S&P DJI Index Committee announced the March index rebals. Everybody is looking at SMCI because it has run hard til now. That's missing the...

Travis Lundy

Intuit’s TurboTax Live Surge: Can 36% Revenue Growth Offset DIY Weakness?

Intuit Inc. reported its third quarter results for fiscal 2026 with revenue growth of 10%, driven primarily by significant progress in its...

Baptista Research

Intuit & The $300 Billion AI Misunderstanding!

Markets love a good villain. Right now, artificial intelligence has become the monster hiding under every software company’s bed. Investors seem...

Baptista Research

Can Intuit Inc Keep Credit Karma Momentum As Loan Growth Faces Tougher Comparisons?

Intuit Inc., a global technology platform company that provides financial and business management solutions, reported strong second-quarter fiscal...

Baptista Research

The S&P DJI Index Committee announced the March index rebals. Everybody is looking at SMCI because it has run hard til now. That's missing the...