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>FormFactor has been making strategic headlines this December with its announcement to acquire Keystone Photonics, a move that could reshape its position in the advanced semiconductor packaging ecosystem.</li><li>The deal comes on the heels of FormFactor’s Q3 earnings beat and an optimistic Q4 outlook, where management reaffirmed its focus on achieving target-model gross margins of 47% and diversifying beyond DRAM into GPU and CPU verticals.</li><li>The acquisition is aimed at strengthening FormFactor’s foothold in the rapidly evolving silicon photonics and co-packaged optics (CPO) landscape, areas where the company is already piloting its new Triton system with key customers.</li></ul>

FormFactor has been making strategic headlines this December with its announcement to acquire Keystone Photonics, a move that could reshape its position in the advanced semiconductor packaging ecosystem.The deal comes on the heels of FormFactor’s Q3 earnings beat and an optimistic Q4 outlook, where management reaffirmed its focus on achieving target-model gross margins of 47% and diversifying beyond DRAM into GPU and CPU verticals.The acquisition is aimed at strengthening FormFactor’s foothold in the rapidly evolving silicon photonics and co-packaged optics (CPO) landscape, areas where the company is already piloting its new Triton system with key customers.

FormFactor Goes All-In on Photonics—Will Keystone Pay Off?

Formfactor Inc

FormFactor Goes All-In on Photonics—Will Keystone Pay Off?