Hot Upcoming IPOs to Watch

The most exciting upcoming IPOs include buy now, pay later firm Klarna and ticketing giant StubHub.

digital upcoming ipos concept with image IPO written on a clipboard alongside a magnifying glass, calculator and calendar
(Image credit: Getty Images)

The initial public offering (IPO) market started to pick up the pace late in the first quarter, but concerns over the economic impact of the Trump administration's tariffs have some companies pressing the pause button amid broader market uncertainty.

According to Renaissance Capital, a leading provider of pre-IPO research and IPO-focused ETFs, there have been 56 IPOs priced so far in 2025, through April 4, up 70% over Q1 2024.

Of those offerings, a total of $9.4 billion in proceeds was raised, a 19% increase over the year-ago period.

CoreWeave's IPO fizzles

The CoreWeave logo is seen displayed on a smartphone screen

(Image credit: Thomas Fuller/SOPA Images/LightRocket via Getty Images)

BofA Securities analysts say artificial intelligence (AI) remains one of the hottest spaces for market participants. "Software to cleanse, manage and secure data coupled with enablers of AI models for training and applications (inference) appear to be drawing the most investor interest," the group writes.

But market uncertainty is trumping AI enthusiasm at the moment, as evidenced by New Jersey-based AI infrastructure firm CoreWeave's IPO. The company began trading on the Nasdaq late last month in a public debut that left much to be desired.

While the tech firm raised $1.5 billion in its initial public offering, making it one of the biggest IPOs in recent memory, this was much lower than originally expected.

CRWV stock did manage a post-IPO pop but has been volatile along with the broader market in early April.

Tom Taulli
Contributing Writer, Kiplinger.com

Tom Taulli has been developing software since the 1980s when he was in high school.  He sold his applications to a variety of publications. In college, he started his first company, which focused on the development of e-learning systems. He would go on to create other companies as well, including Hypermart.net that was sold to InfoSpace in 1996. Along the way, Tom has written columns for online publications such as Bloomberg, Forbes, Barron's and Kiplinger.  He has also written a variety of books, including Artificial Intelligence Basics:  A Non-Technical Introduction. He can be reached on Twitter at @ttaulli.