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>Pegasystems reported a strong operational and financial performance for full year 2025, reflecting the completion of its multiyear transition to a subscription- and cloud-centric business model.</li><li>Total annual contract value expanded at a mid-teens rate on a constant currency basis, exceeding prior expectations, with growth driven primarily by accelerated adoption of Pega Cloud.</li><li>Cloud annual contract value grew substantially faster than total company averages and showed sequential acceleration throughout the year, indicating improving sales execution and customer acceptance of the cloud-first strategy.</li></ul>

Pegasystems reported a strong operational and financial performance for full year 2025, reflecting the completion of its multiyear transition to a subscription- and cloud-centric business model.Total annual contract value expanded at a mid-teens rate on a constant currency basis, exceeding prior expectations, with growth driven primarily by accelerated adoption of Pega Cloud.Cloud annual contract value grew substantially faster than total company averages and showed sequential acceleration throughout the year, indicating improving sales execution and customer acceptance of the cloud-first strategy.

Pegasystems의 Blueprint Advantage - 워크플로 시각화를 통해 판매 속도 및 확장을 극대화하세요!

Pegasystems Inc

Pegasystems의 Blueprint Advantage - 워크플로 시각화를 통해 판매 속도 및 확장을 극대화하세요!