Best 5 Equity Research Platforms

Having a good stock research software is 1 of the most important parts of your investment strategy. However, getting access to high quality equity research platform is still out of reach for a lot of retail investors and academic users due to their expensive price tags. Below are the list of resources that we have collected over the years which can help provide somewhat the same data as the big providers such as Bloomberg and Factset but at a fraction of the cost or free.

5 best equity research platforms:

1. AlphaResearch - Edgar Filings Research

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Alpha Research is a powerful research platform for the global equity market, which focuses on searching through company's filings, earnings call transcripts and press releases and provide you with unique insights for your research. If you have ever tried to find the pricing for Bloomberg terminal, AlphaSense or Sentieo and find it annoying that the pricing is not public, you are in luck. AlphaResearch's pricing is designed for retail investors at only $69.99/month.

Their features include:

  • SEC, Sedar, Earnings call transcripts and global filings search
  • NLP Analytics tools: sentiment analysis, blacklining documents, trending topics
  • Global equity fundamental data, estimates, price
  • Global ETFs holdings
  • Monitor news and insider transactions

2. Yahoo Finance

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Yahoo Finance is the most popular research platform on the market. The platform will provide you with all the basic fundamental data, estimates and market data for the global markets. The platform is free for basic use. If you wish to access analysts' research reports, you can get Yahoo Premium at $35/month. The strongest features of Yahoo Finance is their news reporting with real-time commentary and news from multiple sources.

Here are a list of features that you can find on the platform:

  • Global financial statements, estimates from Refinitiv and real-time market data
  • Analysts' research reports
  • Indices data
  • Earnings Calendar
  • Stock Screener

3. ValueInvesting - DCF & WACC

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ValueInvesting is the platform to build DCF and valuation models with 8 different pre-built models which you can customize with their excel plugins. With their platform, you can easily obtain fair value of any stock globally and customize your assumption, which can help you reduce the time it take to fully build a model to minutes.

Below are a few examples which you can check out:

4. Finnhub Stock API

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Finnhub stock API is the most comprehensive API for global equity on the market at the moment. If you want to access global fundamental data, estimates data, real-time market price, ETF Holdings, or earnings call transcripts via an API, Finnhub is the go-to platform for this. Equipped with the same data quality as the biggest providers on the market, Finnhub delivers institutional-grade data to fintech startups and retail investors through an easy to use REST API at a reasonable pricing.

Here are a list of features that you can find on the platform:

  • Global fundamentals
  • Global estimates data
  • Global market data: Tick-level, 1-minute resolution and daily OHLC
  • ETFs: Profile, ETF Holdings, Country and Sector Exposure
  • Mutual Funds: Profile, Holdings, Country and Sector Exposure
  • Alternative Data: Social sentiment, Earnings call transcripts API, ESG data, Investment themes

5. Google Sheet Finance

Google Finance was briefly shut down a couple of years ago. However, not a lot of people know that Google Sheet can still access a lot of Google's market data. From the spreadsheet online, you can download everything from historical OHLC data to market cap and basic ratios. The best part is that this tool doesn't require any extra sign up other than your google account and it's completely free. To learn more about Google finance's features, you can check out this guide


I hope that this guide is helpful in helping you finding the right tool for your investment decision. Happy investing :)