Initial public offerings are finally making a comeback. After a period in which companies stopped going public altogether, IPOs began ticking up last year, and this year the number of offerings has already exceeded 2023 by 40%. What's more, this year’s IPOs have pulled in a combined valuation that is more than double last year’s offerings. This raises the question of whether the good times are set to continue and, if so, which companies are most likely to make their public debut in coming months.
For context, a total of 74 companies have gone public this year on U.S. exchanges using a traditional IPO and together raised nearly $17 billion, according to June 24 data from Dealogic.
