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>SanDisk Corporation reported strong financial performance for the fourth quarter and fiscal year 2026, demonstrating significant growth driven primarily by the rapidly expanding demand for NAND memory products fueled by the rise of artificial intelligence (AI) and data-intensive workloads.</li><li>The company’s strategic emphasis on deepening relationships with key customers through its New Business Models (NBMs) and advancing its proprietary technology portfolio, notably the BiCS 8 NAND and the Stargate QLC platform, contributed to record revenue, gross margin, and earnings per share.</li><li>Revenue for the fourth quarter reached $8.97 billion, marking a 51% sequential increase and a 372% year-over-year rise, exceeding guidance expectations.</li></ul>

SanDisk Corporation reported strong financial performance for the fourth quarter and fiscal year 2026, demonstrating significant growth driven primarily by the rapidly expanding demand for NAND memory products fueled by the rise of artificial intelligence (AI) and data-intensive workloads.The company’s strategic emphasis on deepening relationships with key customers through its New Business Models (NBMs) and advancing its proprietary technology portfolio, notably the BiCS 8 NAND and the Stargate QLC platform, contributed to record revenue, gross margin, and earnings per share.Revenue for the fourth quarter reached $8.97 billion, marking a 51% sequential increase and a 372% year-over-year rise, exceeding guidance expectations.

SanDisk’s $16.5 Billion AI Backstop — Can The NAND Boom Keep Running?

Sandisk Corp

SanDisk’s $16.5 Billion AI Backstop — Can The NAND Boom Keep Running?