U.S. IPO Weekly Recap: Wealthfront Leads 4 IPO Week, While United Rentals Challenger Submits Filings
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Renaissance Capital IPO Research7.39K FollowersFollow5ShareSavePlay(9min)CommentsSummaryFour IPOs and six SPACs debuted this week.Eight IPOs and four SPACs submitted initial filings.While the government shutdown pushed many IPOs to next year, 2025 still has more notable listings in store.Street research is expected for two companies in the week ahead, and four lock-up periods will be expiring. fadfebrian/iStock via Getty Images Four IPOs and six SPACs debuted this week. Eight IPOs and four SPACs submitted filings. Digital investing platform Wealthfront (WLTH) priced at the top of the range to raise $485 million at a $2.6 billion marketThis article was written byRenaissance Capital IPO Research7.39K FollowersFollowRenaissance Capital provides pre-IPO research to institutional investors and investment banks. The Firm manages two IPO-focused funds: The Renaissance IPO ETF (NYSE: IPO) and the Renaissance International IPO ETF (NYSE: IPOS). Individual investors can get a free overview of the IPO market on www.renaissancecapital.com, and try a free trial of our premium platform, IPO Pro (ipopro.renaissancecapital.com).
Through Renaissance Capital’s pre-IPO research service, institutional investors get an independent opinion, in-depth fundamental analysis, and customizable financial models on all IPOs.Quick InsightsWhat are the key margin and growth dynamics for Wealthfront (WLTH) post-IPO?WLTH boasts an above-average margin profile due to its low-cost model, but its top-line growth has been slowing, warranting close monitoring of future client and asset growth.How does Cardinal Infrastructure's (CDNL) backlog and margin trend affect its investment outlook?CDNL's $646M backlog underpins strong revenue visibility, but recent margin contraction suggests investors should watch for execution on project profitability and cost controls.What are the most material risks facing Medline (MDLN) ahead of its $5B IPO?MDLN faces margin pressures from recent tariffs and intense competition among large medical supply providers, despite high retention rates and multiyear contracts.Recommended For You