Overview
- Goldman Sachs forecasts about 100 U.S. initial public offerings this year with total proceeds that could reach $160 billion while noting the estimate was trimmed from an earlier 120‑deal view.
- Early 2026 market data show pickup in issuance: 25 IPOs have priced and raised nearly $14 billion and Renaissance Capital reports 99 filings with $28.8 billion in year‑to‑date proceeds.
- SpaceX is reported to have confirmed plans for a near‑term public listing that could be the largest IPO ever and multiple accounts name Goldman as a lead underwriter.
- Goldman’s strong first‑quarter results and large backlog support its pipeline claims, with equity underwriting and advisory revenue showing substantial year‑over‑year gains.
- Analysts caution that macro volatility and the actual timing of marquee listings will determine final deal counts and proceeds, and outcomes could fall well below the top of the forecast range.