Alliance Equity Research

Research

Browse AER initiation reports, research updates, earnings analysis, flash notes, and company commentary.

Report TypeSectorCoverage TypeYear

2 reports

December 31, 2025

A Near-Monopoly Lithography Franchise Powering Global Semiconductor Supply Chain with EUV Dominance and High-NA Optionality

Initiation coverage examining EUV leadership, High-NA optionality, DUV economics, installed-base services, competitive moat, semiconductor demand drivers, valuation summary, and key risks.

Initiation ReportIndependent Research

Information Technology · 36 pages

Dexcom, Inc.· DXCM

December 1, 2025

Dominant CGM Franchise Leveraging Technology, Coverage Expansion, and Consumer Tailwinds to Sustain Multi-Year Growth

Initiation coverage examining CGM market leadership, product strategy, reimbursement expansion, recurring sensor economics, international growth, valuation summary, and key risks.

Initiation ReportIndependent Research

Healthcare · 38 pages