10 High-Profile IPOs: What the Analysts Think

Fans of initial public offerings (IPOs) have gotten one flashy deal after another in 2019.

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Fans of initial public offerings (IPOs) have gotten one flashy deal after another in 2019. Some companies such as Beyond Meat (BYND (opens in new tab)) shocked onlookers with a meteoric ascent, while other hotly hyped companies such as Uber Technologies (UBER (opens in new tab)) crashed and burned early on. But broadly speaking, there’s demand for IPOs, and up-and-coming companies are happy to fill that demand.

“IPO activity is (mildly) cyclical, as management teams take the opportunity to go public while being buoyed by favorable economic conditions,” Bernstein equity strategist Noah Weisberger told CNBC in explaining this year’s red-hot IPO market (opens in new tab).

It’s early going for these new stocks, however. They have only a few months of trading under their belts, and very little financial track record to go on. With so little information at their fingertips, investors must rely heavily on Wall Street’s analysts for insights into the comings and goings of these IPOs.

Here are 10 recent higher-profile IPOs, and what analysts are saying about each of these new stocks.

Data is as of June 25.

Harriet Lefton
Contributing Writer, Kiplinger.com
Harriet Lefton, originally from the U.K., began her career as a journalist specializing in the niche world of metal markets. She graduated from the University of Cambridge before becoming a qualified U.K. lawyer. Now she has turned her attention to the world of financial blogging, covering U.S. stocks, analysts and all manner of things finance-related.