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>Lowe’s Companies reported second quarter fiscal 2026 sales of $26 billion, an 8.3% increase year-over-year, with comparable sales rising 0.2%.</li><li>The company noted modest price inflation contributing to a 2.3% rise in average ticket size, although comparable transactions declined 2.1%, pressured by reduced demand in weather-sensitive seasonal and outdoor categories.</li><li>Sales growth was supported by strong performances in Pro customer segments, online channels—which grew 15.7%—and Home Services, partially offsetting softness in the Do-It-Yourself (DIY) discretionary segment amid macroeconomic challenges including elevated fuel prices and heightened economic uncertainty.</li></ul>

Lowe’s Companies reported second quarter fiscal 2026 sales of $26 billion, an 8.3% increase year-over-year, with comparable sales rising 0.2%.The company noted modest price inflation contributing to a 2.3% rise in average ticket size, although comparable transactions declined 2.1%, pressured by reduced demand in weather-sensitive seasonal and outdoor categories.Sales growth was supported by strong performances in Pro customer segments, online channels—which grew 15.7%—and Home Services, partially offsetting softness in the Do-It-Yourself (DIY) discretionary segment amid macroeconomic challenges including elevated fuel prices and heightened economic uncertainty.

Lowe’s Companies’ $92 Billion Outlook — Is The Housing Drag Already Priced In?

Lowe's Companies Inc

Lowe’s Companies’ $92 Billion Outlook — Is The Housing Drag Already Priced In?