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

Qualcomm Sep-24: Nice Beat, Dec-24 Guide Small Beat. 3 Growth Factors: Smartphone AI, Automotive, PC

Qualcomm Investor Day: Based on Management Forecasts, Best Case 13% Operating Profit Cagr to FY29

QCOM: Moderate Growth, Average Valuations – Nothing to Get Excited About

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>Qualcomm Inc. reported financial results for the third quarter of fiscal 2024, demonstrating significant achievements and facing certain market challenges.</li><li>The company's non-GAAP revenue reached $9.4 billion, with earnings per share (EPS) of $2.33, surpassing the midpoint of their guidance.</li><li>The core driver of this performance was their chipset business, generating revenues of $8.1 billion, underscored by sequential growth in the automotive and IoT sectors and consistent demand for Snapdragon mobile platforms across leading smartphones.</li></ul>

Qualcomm Inc. reported financial results for the third quarter of fiscal 2024, demonstrating significant achievements and facing certain market challenges.The company's non-GAAP revenue reached $9.4 billion, with earnings per share (EPS) of $2.33, surpassing the midpoint of their guidance.The core driver of this performance was their chipset business, generating revenues of $8.1 billion, underscored by sequential growth in the automotive and IoT sectors and consistent demand for Snapdragon mobile platforms across leading smartphones.

Qualcomm Incorporated: Achieving Growth Through Internet of Things (IoT) & Diversification Strategy! - Major Drivers