Company Deep Dives
Celsius Holdings (NASDAQ: CELH): Valuation Analysis
Initiating at HOLD with a $31 target. Alani Nu has become a second billion-dollar brand, but the flagship CELSIUS brand is shrinking and margins are under pressure.
Student-led equity research, one thesis at a time.
In-depth analysis, quantitative insight and fresh perspectives on public markets. Every note follows the core principles of institutional research: a clear thesis, transparent valuation and an honest look at the risks.
Latest note 16 October 2026
Grab Holdings (Nasdaq: GRAB): Investment Thesis
Long at $2.92 with a $5.16 12-month target. The market is pricing in regulation and heavy fintech M&A, yet adjusted EBITDA has grown for 18 straight quarters and 2026 guidance was just raised.
Recent research
All 20 notesSector Performance
Nuclear Sector Overview — October 2026
Nuclear's fundamentals are improving, not declining. What has fallen is the speculative end of the sector, small modular reactor start-ups, after an AI-driven bubble in 2025.
Sector Performance
Private Credit Markets: A Sign of Distress?
Major private credit funds like Blue Owl are limiting redemptions to just 5%. The asset-liability mismatch is reminiscent of 2008, but is it really a cause for concern?
Macro Context
The Implications of Sustained High Oil Prices
How the largest supply disruption in oil market history is reshaping the economy, equities, and bond markets.
Company Deep Dives
$HIMS Drop and Rebound. A Good Place To enter?
Hims & Hers Health (NYSE: HIMS). Rating HOLD, target price $25.00 against a current $23.00, after the Novo Nordisk deal.
Macro Context
The Implications of the Japanese Bond Markets
Japan's bond yields are at record highs amid concerns over Prime Minister Sanae Takaichi's expansionary fiscal policy. Here's what it means for the global economy.
What you'll find here
Company Deep Dives
Fundamental analysis, valuation models and an investment thesis on a single business.
8 notesMacro Context
How global policy, rates, commodities and economic cycles shape the market.
7 notesSector Performance
How whole sectors are performing, and whether their valuations hold up.
5 notes
Questions readers ask
What is equity research?
Equity research involves gathering and analysing information about a company and using that analysis to provide investment recommendations, valuations, and price targets.
How is equity valuation done?
Equity valuation is performed using various methods. The main 3 are discounted cash flow analysis, comparable company analysis, and precedent transactions. These are used to determine the intrinsic value of a firm.
Why is risk assessment important in equity research?
Risk assessment in equity research is crucial as it helps investors understand the potential downside of an investment, evaluate the volatility of the stock, and make informed decisions.
Get in touch
Have a question or feedback? We'd love to hear from you.
Or write to rnequityinsights@outlook.com, or message Raihan on LinkedIn.