About Elevate
Independent research, built the way it should have been all along.
Elevate Research was founded on a simple observation: the research that moves markets is too often written by people with a deal to protect. We built a platform where the analyst’s only client is the reader.
Why we started
Most equity research is still shaped by the economics of the institutions that publish it — banking relationships, distribution deals, and the quiet pressure to keep ratings palatable to the companies being covered. None of that is a secret, but it rarely shows up in the note itself.
We started Elevate to see what research looks like without those incentives in the room: longer notes when the topic deserves it, shorter ones when it doesn’t, and a standing invitation to argue with our own conclusions.
“The reader is the only client we have to keep happy.”
Our method
The same four steps, on every note we publish
Source
Every note starts with primary work: filings, transcripts, channel checks, and — where it matters — original data collection, not consensus estimates re-packaged.
Model
Analysts build and stress-test their own models. We publish the assumptions that drive the thesis, not just the output of it.
Disclose
Named analysts, disclosed positions, and the strongest case against our own thesis — printed in the note itself, not buried in a footnote.
Publish
No pre-briefing of clients, no early looks for anyone. Every subscriber sees a note at the same time, in full.
The desk
A small team, on purpose
Daniel Okafor
Senior Analyst, Technology
Covers semiconductors and AI infrastructure. Previously built and ran a supply-chain data practice before joining Elevate at founding.
Mara Lindqvist
Macro Strategist
Focuses on rates, power markets, and the intersection of fiscal policy and cross-asset positioning.
Priya Raman
Analyst, Financials
Covers banks and private credit, with a focus on balance-sheet forensics and off-balance-sheet exposure.
Disclosures
How we handle conflicts
Elevate Research is published for educational and informational purposes only. It is an independent publisher of equity research and is not a broker-dealer or registered investment adviser. Nothing published on this site constitutes investment, legal, or tax advice, or an offer or solicitation to buy or sell any security, and our notes do not include buy, sell, or hold ratings, price targets, or personalized investment recommendations.
Analysts may hold positions in securities they cover; where that is the case, it is disclosed within the note itself. Elevate Research does not accept compensation from the companies covered in its research in exchange for coverage. Views expressed reflect the judgment of the named analyst as of the publication date and are subject to change without notice.
Past performance discussed in any note is not indicative of future results. Readers are responsible for their own investment decisions and should consult a licensed financial professional before acting on anything published here.
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