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>NextEra Energy, Inc. reported a solid start to 2026, with adjusted earnings per share rising 10% year-over-year, supported by good operational and financial performance across both Florida Power & Light Company (FPL) and NextEra Energy Resources.</li><li>FPL saw regulatory capital growth of 8.8%, contributing to an increase of $0.06 in its EPS, while Energy Resources delivered approximately 14% adjusted earnings growth, driven by new investments and an expanding clean energy portfolio.</li><li>FPL’s customer base expanded by nearly 100,000 over the year, reflecting Florida’s strong population and economic growth, with the state’s GDP forecasted to grow 4.7% annually through 2040.</li></ul>

NextEra Energy, Inc. reported a solid start to 2026, with adjusted earnings per share rising 10% year-over-year, supported by good operational and financial performance across both Florida Power & Light Company (FPL) and NextEra Energy Resources.FPL saw regulatory capital growth of 8.8%, contributing to an increase of $0.06 in its EPS, while Energy Resources delivered approximately 14% adjusted earnings growth, driven by new investments and an expanding clean energy portfolio.FPL’s customer base expanded by nearly 100,000 over the year, reflecting Florida’s strong population and economic growth, with the state’s GDP forecasted to grow 4.7% annually through 2040.

NextEra Energy’s $100 Billion FPL Buildout: Can Florida Growth Carry The Story?

Nextera Energy

NextEra Energy’s $100 Billion FPL Buildout: Can Florida Growth Carry The Story?