Categories Analysis, U.S. Markets News

Major IPOs expected in late-2019 or 2020

So far this year, we have seen some high-profile companies hitting the stock markets including Uber (NYSE: UBER), Lyft (NASDAQ: LYFT), Beyond Meat (NASDAQ: BYND), CloudStrike (NASDAQ: CRWD) and Pinterest (NYSE: PINS). We are not done yet; there are still more interesting public listings that are likely to take place later this year or next year.

Let’s take a quick look at those.

stock market thanksgiving day black friday
Photo by Aditya Vyas on Unsplash

Postmates

According to the latest reports, Postmates will file its IPO paperwork next month, with the market debut expected by the end of the third quarter. The food delivery firm’s IPO plans have been delayed by its attempt to merge with peer firm DoorDash.

However, that deal ultimately didn’t materialize, with DoorDash buying Caviar, anther delivery service provider from Square (NYSE: SQ).

Postmates currently has a valuation of $1.85 billion, including the latest round of funding of $681 million earlier this year.

Aramco

After multiple delays, Saudi Arabia-based Aramco may finally hit the stock markets later this year or next year. As part of this move, the state-owned oil mammoth earlier this month revealed its half-year results for the first time.  

oil rig
(Image Courtesy: Zbynek Burival/Unsplash)

Aramco, known as one of the most profitable companies in the world, reported net income of $46.9 billion for the six-month period, which was down 12% year-over-year due to a decline in oil prices. As of now, Aramco plans to publically list only 5% stake in the firm.

Palantir

This 16-year-old big data company founded by Peter Thiel is regarded as one of the most successful tech start-ups, with a client list that boasts of the Department of Homeland Security, US Department of Defense, as well as private players including Airbus and Merck (NYSE: MRK).

Valued at roughly $6 billion, the company reportedly had almost $1 billion in revenues in 2018, 40% higher than 2017. Though the company has not reported a profit, it has been quickly cutting down on losses over the past few years.

READ: Meet the newest weed stock with $19 mil in revenues – Sundial Growers

Palantir has been taking its own time preparing for the IPO, but when it does finally go public, Wall Street expects it to be massive.

Didi Chuxing

While there has been no confirmation of an IPO from the rival of Uber of Lyft, rumors have been making rounds for some time now. Recently, in what seems to be a business streamlining step, the Chinese firm jettisoned its self-driving unit as a separate company.

This would help Didi Chuxing focus on its core ride-hailing business without worrying about its cash-hungry sister business. Notably, this is exactly what Uber did just before it made its stock floatation.

Cloudflare

Like Palantir, Cloudflare is expected to receive an overwhelming response when it debuts on the stock market, thanks to its impressive revenue growth over the past two years, as well as past collaborations with leading tech firms including Microsoft (NASDAQ: MSFT), Qualcomm (NASDAQ: QCOM) and Alphabet (NASDAQ: GOOGL).

READ: 10 biggest US mergers & acquisitions announced so far in 2019

The company, which makes sure websites run smoothly without any downtime, has however recently suffered two major outages, hurting its reputation.  The company filed its initial public offering last week.

Airbnb

Airbnb’s IPO has been long overdue, but the hospitality firm insists that it is on track to go public. Unlike most other tech unicorns, Airbnb is cash-rich and had $3.5 billion in its reserves at the end of the first quarter.

airbnb
Photo by Kelsey Dody on Unsplash

The company had also reported a 31% growth in gross bookings to $9.4 billion, as well as a 40% increase in revenues during this period.

The latest reports suggest that the IPO may be further pushed down to 2020, but with those impressive figures, it should be worth the wait.    

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

ADBE Earnings: Adobe reports higher Q2 earnings; results beat estimates

Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in second-quarter 2024 revenue and earnings. The results also topped expectations. Second-quarter revenues came in at $5.31 billion,

Dollar Tree (DLTR): A look at the discount retailer’s growth initiatives at its namesake banner

Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were down over 1% on Thursday. The stock has dropped 24% year-to-date. The company delivered sales and GAAP earnings growth for the first

Key highlights from Signet Jewelers’ (SIG) Q1 2025 earnings results

Signet Jewelers Limited (NYSE: SIG) reported first quarter 2025 earnings results today. Sales decreased 9.4% year-over-year to $1.5 billion. Sales were down 9.6% on a constant currency basis. Same-store sales

Comments

  1. Pingback: Arie Baisch
  2. Pingback: Lincoln Georgis
  3. Pingback: Lila Lovely
  4. Pingback: MILF Porn
  5. Pingback: buy-domains
  6. Pingback: valentine gift
  7. Pingback: Click Here
  8. Pingback: Click Here
  9. Pingback: Click Here
  10. Pingback: Click Here
  11. Pingback: Click Here
  12. Pingback: Click Here
  13. Pingback: Click Here
  14. Pingback: Click Here
  15. Pingback: Click Here
  16. Pingback: Click Here
  17. Pingback: Click Here
  18. Pingback: Click Here
  19. Pingback: Click Here
  20. Pingback: Click Here
  21. Pingback: Click Here
  22. Pingback: Click Here
  23. Pingback: Click Here
  24. Pingback: Click Here
  25. Pingback: Click Here
  26. Pingback: Space ROS
  27. Pingback: Click Here
  28. Pingback: Click Here
  29. Pingback: Click Here
  30. Pingback: Click Here
  31. Pingback: Click Here
  32. Pingback: Click Here
  33. Pingback: Click Here
  34. Pingback: Click Here
  35. Pingback: Click Here
  36. Pingback: Click Here
  37. Pingback: Click Here
  38. Pingback: Click Here
  39. Pingback: Click Here
  40. Pingback: Click Here
  41. Pingback: Click Here
  42. Pingback: Click Here
  43. Pingback: Click Here
  44. Pingback: Click Here
  45. Pingback: Click Here
  46. Pingback: Click Here
  47. Pingback: Click Here
  48. Pingback: Click Here
  49. Pingback: Click Here
  50. Pingback: Click Here
  51. Pingback: Click Here
  52. Pingback: Click Here
  53. Pingback: Click Here
  54. Pingback: Click Here
  55. Pingback: Click Here
  56. Pingback: Click Here
  57. Pingback: Refer and Earn
  58. Pingback: Click Here
  59. Pingback: Click Here
  60. Pingback: Click Here
  61. Pingback: Click Here
  62. Pingback: Click Here
  63. Pingback: Click Here
  64. Pingback: Click Here
  65. Pingback: Click Here
  66. Pingback: Click Here
  67. Pingback: Click Here
  68. Pingback: Click Here
  69. Pingback: Click Here
  70. Pingback: Click Here
  71. Pingback: Click Here
  72. Pingback: Click Here
  73. Pingback: domain-names
  74. Pingback: domain-name
  75. Pingback: Google reviews
  76. Pingback: 2023 Books
  77. Pingback: cemetery location
  78. Pingback: cemetery location
  79. Pingback: IRA Empire
  80. Pingback: Chirurgie Tunisie
  81. Pingback: Chirurgie Tunisie
  82. Pingback: Alumni network
  83. Pingback: Campus facilities
  84. Pingback: Accounting courses
  85. Pingback: Econometrics
  86. Pingback: Political science
  87. Pingback: Political science
  88. Pingback: Teeth Whitening
  89. Pingback: education system
  90. Pingback: Hybrid Learning
  91. Pingback: striscia led letto
  92. Pingback: Fiverr Earn
  93. Pingback: Fiverr Earn
  94. Pingback: Fiverr Earn
  95. Pingback: Fiverr Earn
  96. Pingback: Fiverr Earn
  97. Pingback: fiverrearn.com
  98. Pingback: fiverrearn.com
  99. Pingback: fiverrearn.com
  100. Pingback: clima para hoy
  101. Pingback: fiverrearn.com
  102. Pingback: dog breed
  103. Pingback: seo in Qatar
  104. Pingback: blockchain
  105. Pingback: micro frenchie
  106. Pingback: future university
  107. Pingback: future university
  108. Pingback: future university
  109. Pingback: future university
  110. Pingback: agen multisbo
  111. Pingback: what is seo
  112. Pingback: bulldogs puppy
  113. Pingback: FUE
  114. Pingback: FiverrEarn
  115. Pingback: Media
  116. Pingback: partners
  117. Pingback: fortbite reviews
  118. Pingback: Medication safety
  119. Pingback: Sport analysis
  120. Pingback: FiverrEarn
  121. Pingback: FiverrEarn
  122. Pingback: live sex cams
  123. Pingback: live sex cams
  124. Pingback: live sex cams
  125. Pingback: live sex cams
  126. Pingback: FiverrEarn
  127. Pingback: FiverrEarn
  128. Pingback: FiverrEarn
  129. Pingback: FiverrEarn
  130. Pingback: FiverrEarn
  131. Pingback: FiverrEarn
  132. Pingback: FiverrEarn
  133. Pingback: FiverrEarn
  134. Pingback: agriculture
  135. Pingback: business
  136. Pingback: Situs Slot Online
  137. Pingback: FiverrEarn
  138. Pingback: FiverrEarn
  139. Pingback: FiverrEarn
  140. Pingback: cheap sex cams
  141. Pingback: live sex cams
  142. Pingback: frt trigger
  143. Pingback: 늑대닷컴
  144. Pingback: Slot jackpot
  145. Pingback: OnOverseas.Com
  146. Pingback: superslot
  147. Pingback: allgame
  148. Pingback: 918kiss
  149. Pingback: หวย24
  150. Pingback: Acne
  151. Pingback: pg slot
  152. Pingback: cybersécurité
  153. Pingback: megagame
  154. Pingback: weight loss drops
  155. Pingback: 220 swift
  156. Pingback: itsMasum.Com
  157. Pingback: itsMasum.Com
  158. Pingback: itsMasum.Com
  159. Pingback: nangs sydney
  160. Pingback: itsmasum.com
  161. Pingback: gulf jobs central
  162. Pingback: expertini
  163. Pingback: usa jobs

Comments are closed.

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top