US IPO fundraising hits $28 bn, could exceed $225 bn this year

The US IPO market is rebounding in 2026 after several years of weak activity, with companies raising about $28 billion in the first five months of the year. Newly listed firms have posted average first-day gains of nearly 20%, reflecting healthy investor demand. Analysts expect more big listings ahead, potentially driving IPO fundraising to a record $225 billion this year.