High inflation and unstable economy are impacting the IPO market. In addition to the weak stock market, investors are wary of betting on his upcoming IPO.
Among last year’s top IPOs, Rivian, Robinhood Markets, and DiDi Global all trade well below their debut prices. A volatile market has sent stocks plummeting to shocking new depths. In 2021, a total of 397 companies went public through traditional initial public offerings, raising a total of $142.4 billion.
Some of these upcoming IPOs may offer investors the opportunity for high returns over the long term. Here are the top five companies scheduled to go public in 2022.
1. Discord
A communication app that can support chat, audio, video, and file sharing, Discord is gaining popularity among young people, especially gamers. Founded in 2015 by Jason Citron and Stan Vishnevskiy, the creators wanted to build a customer platform where gamers could communicate effectively while playing. Multiple platforms such as Windows, Playstation, iOSAndroid, Xbox, and more support Discord.
Analysts expect the application to add more servers and daily users. Generating revenue through premium subscriptions, he even turned down Microsoft’s $10 billion acquisition of him in 2021. The company has filed with the SEC, making him one of the most watched companies in his upcoming IPO, but volatile markets have delayed plans for a public offering. The company is valued at approximately $15 billion.
2. Databrick
We’ve been watching this software company for years, but they’ve kept quiet about an IPO. The current valuation is around $38 billion, but an IPO could exceed $40 billion. The company helps companies manage their data through artificial intelligence and machine learning.
As of late 2021, the company revealed it had secured $2.6 billion in funding during Series G and H rounds. The company has earned a reputation for best-in-class technology and efficiency in managing data science and machine learning workloads. A list of notable investors includes Fidelity, Microsoft, Amazon, CapitalG, Salesforce Ventures, Tiger Global, Andreesen Horowitz, Blackrock, and New Enterprise Associates. Unlike most tech companies, we’re still growing at an impressive rate in 2022.
3. Mobileye BV
Mobileye sounds like an obscure name, but it’s good to know that Mobileye is an Intel-owned company that develops self-driving technology, advanced driver assistance systems, and software of all kinds. The company went public in his 2014 and was acquired by Intel for $15.3 billion in 2017.
Intel has previously said it would use the proceeds from Mobileye’s IPO to build more chip factories. Mobileye CEO Amnon Shashua said in a filing that more than 50 companies now use the company’s technology in his more than 800 vehicle models. According to the prospectus, Intel plans to list its Class A common stock while retaining ownership of its Class B stock. They are reportedly aiming for a valuation of around $30 billion, as it is one of the most promising companies in his 2022 IPO.
4. Instacart
The online grocery delivery platform is set to debut in late 2022. In August, wall street journal Instacart’s June quarter revenue was reported to be up 39% to $621 million, the highest growth rate in the company’s history. In the same month, the shipping platform launched a new campaign to make it a one-stop-shop destination for online shoppers.
The company has also cut its valuation three times in 2022 in preparation for an IPO. In March, his CEO of Instacart, Fidji Simo, admitted that he wants to attract investors who understand and support the company’s long-term vision. He’s one of the top of his upcoming IPOs, the online grocery store recently offered great tech to help retailers keep the process running smoothly.according to information, The company cut its internal valuation to $13 billion ahead of Instacart’s IPO.
5. Impossible Foods
The plant-based food company has been surrounded by rumors of an IPO since April 2021. Its biggest rival, Beyond Meats, made its IPO debut in May 2019 for $240 million. After the initial euphoria, however, the stock fell to nearly half its public offering price. A recent report by Reuters said the company has attracted interest from multiple of his SPACs and is working with financial experts to better understand its valuation.
Impossible Foods says its mission is to use plants and technology to deliver superior dining experiences.
Plant-based foods are finding a huge market among Millennials and Generation Z as they make conscious and sustainable choices for the benefit of the planet.
There is no news about Impossible Foods’ possible IPO, but experts expect it to go public in the second half of 2022. Analysts predict Impossible Foods’ IPO could be worth more than $10 billion.
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