The market for initial public offerings (IPOs) got off to a slow start in 2026, with the pipeline pressured by broad risk-off sentiment, skittishness around all things artificial intelligence (AI) and geopolitical uncertainty.
But things appear to be picking up. According to Renaissance Capital, 81 IPOs have been filed this year through April 29, up more than 5% from the year prior. However, 46 offerings have been priced, a 33% drop from 2025.
