Wall Street's IPO revival hasn't reached dot-com euphoria levels, Goldman Sachs says
Goldman Sachs reports that while the U.S. IPO market is recovering, it has not reached the speculative levels of the dot-com era. Meanwhile, crypto companies are delaying public listings as investors shift capital toward high-growth artificial intelligence opportunities.
Why it matters
The shift in capital from digital assets to AI-related stocks reflects changing investor sentiment and the broader economic impact of the AI boom.
Roughly 50 companies have gone public in the U.S. so far in 2026, about double the number during the same period a year earlier, according to the bank's research. By deal value, issuance has already reached roughly $120 billion at the year's midpoint, matching the full-year record set in 2021.
The article relies on financial data and expert commentary from a major bank to explain market trends.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in