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>General Dynamics reported a strong first quarter for fiscal 2026, with revenue of $13.5 billion, representing a 10.3% year-over-year increase, and net earnings of $1.125 billion, up 13.2% compared to the same quarter last year.</li><li>Earnings per diluted share increased 12% to $4.10, with operating margins improving slightly by 10 basis points to 10.5%.</li><li>Each of the company’s four segments—Aerospace, Combat Systems, Marine Systems, and Technologies—contributed to this positive momentum, with Marine Systems leading operating earnings growth (+26.4%) on improved shipyard productivity and increased throughput.</li></ul>

General Dynamics reported a strong first quarter for fiscal 2026, with revenue of $13.5 billion, representing a 10.3% year-over-year increase, and net earnings of $1.125 billion, up 13.2% compared to the same quarter last year.Earnings per diluted share increased 12% to $4.10, with operating margins improving slightly by 10 basis points to 10.5%.Each of the company’s four segments—Aerospace, Combat Systems, Marine Systems, and Technologies—contributed to this positive momentum, with Marine Systems leading operating earnings growth (+26.4%) on improved shipyard productivity and increased throughput.

ゼネラル・ダイナミクスの受注残高は1310億ドル：この防衛大手は依然として過小評価されているのか？