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>Reddit, Inc.’s first-quarter 2025 results underscored the platform’s momentum since its 2024 IPO, combining rapid top-line expansion with improving profitability.</li><li>Revenue reached $392 million, a 61 percent year-over-year jump, and advertising remained the engine of growth by delivering $359 million, also up 61 percent.</li><li>Weekly active users climbed to 401 million and daily active users to 108 million—both increases of roughly 31 percent—while international communities in markets such as France, Spain, and Brazil expanded at nearly double the overall pace, pointing to early success in Reddit’s localisation strategy.</li></ul>

Reddit, Inc.’s first-quarter 2025 results underscored the platform’s momentum since its 2024 IPO, combining rapid top-line expansion with improving profitability.Revenue reached $392 million, a 61 percent year-over-year jump, and advertising remained the engine of growth by delivering $359 million, also up 61 percent.Weekly active users climbed to 401 million and daily active users to 108 million—both increases of roughly 31 percent—while international communities in markets such as France, Spain, and Brazil expanded at nearly double the overall pace, pointing to early success in Reddit’s localisation strategy.

Reddit が広告戦略を微調整中 ― 成果に基づく価格設定は競争に打ち勝つことができるか?