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Equisights Research (“Equisights”) is a distinguished independent sell-side research firm that excels in delivering in-depth, objective analysis and strategic insights. Our research efforts are primarily centered on the U.S. markets, with a strong sectoral emphasis on Technology, Media, and Telecommunications (TMT), healthcare, consumer cyclicals & non-cyclicals, industrials, energy, and select financials. Equisights serves to several notable buy-side funds, RIAs, family offices, and over 1,000 institutional relationships, who take positions across our coverage universe and manage portfolios ranging from $100 million to $1 billion in assets.

Our comprehensive research framework involves an in-depth analysis of each company’s growth potential, financial health, management quality, industry position, risk factors, and valuation. Our recommendations and ratings process is based on gathering and interpreting data, drawing conclusions, and evaluating these factors to determine final ratings based on intrinsic value, expected growth, and risks. Equisights maintains its independence by not participating in public offerings, advising on mergers and acquisitions, brokering trades, making markets in stocks, or managing money.

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20 Mar, 2025

AutoZone’s Commercial Bet Is Paying Off—But Can It Restore Margins?

AutoZone’s Q2 FY25 print highlighted strong execution in the commercial (DIFM) segment, with sales up 7.3% YoY, marking a sharp acceleration from Q1’s 3.2%, while domestic same-store sales rose 1.9% (vs. 1.5% expected). However, topline strength was overshadowed by a $31.73M revenue miss and continued margin compression, as EBIT declined 4.9% YoY, pressured by higher labor, IT investments, and... Read More
20 Mar, 2025

Becton Dickinson (BDX): Spinning Off Stability—But Does It Move the Needle?

BD delivered a strong FQ1 2025, with 9.6% YoY revenue growth (+3.9% organic), margin expansion (+370bps gross margin, +340bps operating margin), and EPS of $3.43 (+28% YoY), yet the announced separation of Biosciences & Diagnostic Solutions (B&DS) overshadowed near-term fundamentals. The split sharpens BD’s MedTech focus ($17.8B revenue, >90% recurring) while positioning B&DS ($3.... Read More
20 Mar, 2025

NRG Energy: Retail Gains and Capacity Expansion—But Is the Market Expecting Too Much, Too Soon?

NRG Energy capped off 2024 with record financial results, delivering adjusted EPS of $6.83 (+45% YoY) and adjusted EBITDA of $3.8B, though 2025 guidance signals a profit plateau. Texas operations saw a mild-weather-driven EBITDA decline (-6.5%), offset by strength in the East and a full-year Vivint contribution. While forward power prices in ERCOT and PJM continue to tighten, driving long-term ups... Read More
20 Mar, 2025

GE Vernova Is Racing to Meet Surging Demand—Can It Scale Without Stumbling? Evaluating gas turbine expansion drivers, AI-driven power needs, and the execution risks ahead!

GE Vernova closed its first full year as an independent entity with strong execution across all segments, delivering $35B in revenue (+9% YoY), 300bps of EBITDA margin expansion, and a $1.3B improvement in free cash flow. With a 17% YoY backlog expansion to $119B—driven by heightened demand for gas turbines, grid electrification, and services—the company is well-positioned to capitalize on lon... Read More
20 Mar, 2025

Can Dick’s Sporting Goods (DKS) Balance Aggressive Investment Spending with Sustained Margin Strength?- Impact, Outlook & its 4 Key Competitive & Strategic Levers!

Dick’s Sporting Goods closed FY24 with standout 6.4% same-store sales growth, outpacing expectations and peers, fueled by a 4.4% increase in average ticket size and 2% higher transactions. The retailer’s transformation through in-store enhancements, premium vendor partnerships, and store concept innovations (House of Sport, Field House) continues to drive competitive differentiation. FY24 reve... Read More
20 Mar, 2025

EQT: Compression-Driven Cost Efficiency Redefining Cash Flow Potential—But Is the Market Too Optimistic on the Catalysts?

EQT delivered a strong Q4, surpassing EPS expectations ($0.69) as cost efficiencies, Equitrans synergies, and disciplined drilling execution reinforced its position as the industry’s lowest-cost natural gas producer. The Equitrans acquisition is tracking ahead of plan, with $200M in annualized synergies already captured, supporting a structurally lower cost base. Record lateral footage efficienc... Read More
20 Mar, 2025

Humana: Stars Recovery and Margin Execution Take Center Stage As Market Overreacts—Is Profit Optimization Being Overlooked on the Outlook?

Humana’s Q4 results reaffirm its commitment to long-term margin recovery, but near-term cost pressures and a cautious 2025 outlook weighed on investor sentiment. Revenue beat by $372M, yet EPS missed expectations (-$0.04 adjusted, -$3.41 GAAP), highlighting elevated cost trends and regulatory uncertainties. Management’s strategy to exit unprofitable plans and restructure the D-SNP portfolio al... Read More
20 Mar, 2025

Carvana (CVNA): Unlocking Scale Through ADESA Integration & AI-driven enhancements —What’s the Impact, Outlook & its 5 Key Competitive & Strategic Levers !

Carvana closed FY24 with record profitability and structural momentum, posting $359M in Q4 adjusted EBITDA (+500% YoY) and $404M in GAAP net income for the year, marking a major inflection point. Revenue surged 17% YoY to $3.55B, exceeding estimates by $203M, while EPS of $1.18 crushed expectations by $0.88, reflecting strong operational leverage. Retail GPU hit $3,331 (+12% YoY), and Other GPU so... Read More
20 Mar, 2025

Oracle’s AI Cloud Gains Are Undeniable—Now It Must Prove Long-Term Competitive Durability! Assessing the Outlook, Project Stargate Impact & its 4 Key Catalysts !

Oracle’s Q3 FY25 results reinforced strong cloud adoption, with total cloud revenue growing 25% YoY to $6.2B and OCI revenue surging 51%, fueled by a 3.5x YoY increase in GPU consumption. Cloud Database Services rose 28% YoY, supported by expanding multi-cloud partnerships with AWS, Google, and Azure, which now span 18 regions with 40 more planned. RPO jumped 63% YoY to a record $130B, with over... Read More
20 Mar, 2025

Adobe’s (ADBE) AI Hype vs. Reality—Is The Street Repricing Its Growth Narrative?

Adobe delivered record Q1 revenue of $5.71B (+11% YoY), exceeding estimates by $52M, with Digital Media ARR climbing to $17.63B (+12.6% YoY) and Digital Experience revenue accelerating 11% YoY. Non-GAAP EPS of $5.08 (+13% YoY) and GAAP EPS of $4.14 both topped expectations, highlighting strong pricing power and cost discipline. AI monetization remains a growing but still underwhelming contributor,... Read More
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