Experts the world over have anticipated a ‘soft landing’ end to 2023 and a much milder, more dovish 2024 as inflation and interest rates progressively lower.FreepikAnd so it is that investors’ eyes have turned more and more away from bearish asset classes and started eyeing up equities again. The stock market has noticed it too, with several of 2023’s most anticipated IPOs having delayed their launches to 2024.Now, with 2024 in sight, these titan stock market debuts could collectively be worth more than $100 billion – Stripe alone accounts for about half of that by all accounts – and the year promises to be one for the books when it comes to hot newly minted public companies. With so much to choose from, it can be hard to keep track. Which is why we’ve rounded up the five top IPOs expected for 2024 right here.Five top anticipated IPOs of 2024 by expected valuation size:

  • Stripe
  • Databricks
  • Ola Electric
  • Klarna
  • Reddit
  • 1. Stripe Was there ever going to be a bigger IPO announced for 2024, in terms of sheer valuation size, than payment solutions stalwart Stripe? We think not. Stripe has been rumored to be going public for years, but news broke earlier this year that paperwork for a direct listing had actually been filed with the NYSE. The valuation is likely to be around the $50 billion mark, if not more, even though no actual date in 2024 has been made known yet.2. Databricks One company that would certainly be riding the zeitgeist when it goes public is Databricks, the AI and cloud-based solutions company founded a decade ago in 2023. With headlines having proclaimed Databricks’ IPO was coming ‘soon’ as far back as 2020, will we finally see one in 2024? Experts seem to think so. But perhaps the most exciting titbit of news to have emerged about this IPO is that it completed a funding round this year with none other than Nvidia – possibly the stock market’s biggest winner of 2023 given the craze for all things AI – which valued it at over $40 billion.3. Ola ElectricEarlier this week, we reported on the news that, according to EY, India is set to be the number one producer of IPOs in 2024. And of those, none is likely to be larger than Ola Electric. The company is the country’s largest manufacturer of two-wheelers, the ubiquotous transport used by billions of people and thought to be worth more than $5 billion alreadly. Ola Electric are rumored to be targeting a valuation of between 58,000 and 66,000 rupees, approximately $700 billion in USD when they make their stock debut, likely in the second half of 2024.4. KlarnaOf all the companies on this list, we may have to wait the least amount of time for buy-now-pay-later Swedish company Klarna. Klarna is expected to debit as soon as January 2024 to the tune of around $7 billion. And it’s only upward from there, according to Klarna’s CEO Sebastian Siemiatkowski, who reportedly said that Klarna has the potential to be a ‘trillion dollar company‘ at this year’s Yahoo Finance Invest conference.5. Reddit The original meme stock, Reddit, is finally going public… maybe. After years of Reddit’s debut thought to be coming soon – from valuations by Fidelity bank in 2021 to rumours of March 2023 dates – Bloomberg reported in late November that the company might be launching its IPO as soon as Q1 of 2024. One thing is for certain: when it does happen, it’ll be a much-hyped affair that could see valuations as high as $15 billion.More By This Author:Oracle Q2 Earnings: ‘Not Immune To Macro Backdrop’ Cigna Stock Popped 15% On Monday$348.98m Liquidated As Bitcoin And Ethereum Lead Crypto Market Drop

    Print Friendly, PDF & Email