Independent research on the U.S. markets, Baptista Research

Baptista Research

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.

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>Dell Technologies Inc. reported a strong start to its fiscal year 2027, delivering record revenue of $43.8 billion, an 88% increase year-over-year, and diluted earnings per share (EPS) of $4.86, which grew 214%.</li><li>This performance was underpinned by robust demand across all business segments, driven particularly by AI infrastructure and continued growth in traditional servers, storage, and commercial PCs. The company’s integrated solutions and broad portfolio, including innovations in AI compute, storage, and networking, contributed to both top-line growth and margin expansion.</li><li>AI server revenue and orders significantly outpaced expectations, with $16.1 billion recognized in revenue during the quarter and an order backlog of $51.3 billion, up sequentially.</li></ul>

Dell Technologies Inc. reported a strong start to its fiscal year 2027, delivering record revenue of $43.8 billion, an 88% increase year-over-year, and diluted earnings per share (EPS) of $4.86, which grew 214%.This performance was underpinned by robust demand across all business segments, driven particularly by AI infrastructure and continued growth in traditional servers, storage, and commercial PCs. The company’s integrated solutions and broad portfolio, including innovations in AI compute, storage, and networking, contributed to both top-line growth and margin expansion.AI server revenue and orders significantly outpaced expectations, with $16.1 billion recognized in revenue during the quarter and an order backlog of $51.3 billion, up sequentially.

Dell Technologies’ Record $43.8 Billion Quarter: The AI Demand Surge Explained!