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

Palantir Technologies Inc:  Rotation Signals Momentum Shift

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

Palantir Technologies  / Equity Bottom-Up

<ul><li>Palantir Technologies delivered a record-breaking performance in the second quarter of 2025, surpassing $1 billion in quarterly revenue for the first time and marking a 48% year-over-year increase.</li><li>The results were powered by exceptional growth in the U.S., which accounted for 68% of total revenue, reflecting the company’s deliberate focus on domestic markets.</li><li>The standout segment was U.S. commercial, which posted a staggering 93% revenue increase from a year earlier and a 20% sequential rise, driven by the rapid adoption of Palantir’s AIpowered platforms such as Ontology and Foundry.</li></ul>

Palantir Technologies delivered a record-breaking performance in the second quarter of 2025, surpassing $1 billion in quarterly revenue for the first time and marking a 48% year-over-year increase.The results were powered by exceptional growth in the U.S., which accounted for 68% of total revenue, reflecting the company’s deliberate focus on domestic markets.The standout segment was U.S. commercial, which posted a staggering 93% revenue increase from a year earlier and a 20% sequential rise, driven by the rapid adoption of Palantir’s AIpowered platforms such as Ontology and Foundry.

Palantir Secures $10 Billion Army Deal and Shatters Revenue Records—Can the Rally Keep Going?