Kraken and Others Expected to Announce IPOs Before 2027 with 83% Probability
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4h ago
0mins
Source: Benzinga
- Market Confidence Rebound: As 2026 approaches, investor confidence is gradually recovering, particularly driven by sustained enthusiasm around artificial intelligence, which is shifting market sentiment positively.
- Kraken IPO Probability: The crypto exchange Kraken has confidentially filed for a U.S. IPO, with market predictions indicating an 83% chance of a formal public offering before 2027, paving the way for digital asset companies to enter U.S. equity markets.
- Cerebras Systems Update: AI chipmaker Cerebras Systems, which filed confidential IPO paperwork in 2024, has a 77% probability of announcing an IPO before 2027, further intensifying its competition with Nvidia.
- Databricks Attention: AI software company Databricks raised over $4 billion at a $134 billion valuation last month, with a 70% chance of announcing its IPO plans before 2027, making it one of the most-watched tech listings in the market.
Analyst Views on DB
Wall Street analysts forecast DB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DB is 40.25 USD with a low forecast of 31.23 USD and a high forecast of 45.45 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 38.560
Low
31.23
Averages
40.25
High
45.45
Current: 38.560
Low
31.23
Averages
40.25
High
45.45
About DB
Deutsche Bank Aktiengesellschaft is a bank and holding company for its subsidiaries. The Company offers a range of services such as investment, financial and related products and services to private individuals, corporate entities, and institutional clients. It operates through four business divisions: Corporate Bank, Investment Bank, Private Bank and Asset Management. The Corporate Bank division serves corporate clients and financial institutions, offering cash management, trade finance, lending, foreign exchange, trust and agency services, correspondent banking, and securities services. The Investment Bank division includes Fixed Income & Currencies (FIC) Sales & Trading, Origination & Advisory, and Deutsche Bank Research. The Private Bank division focuses on personal and private clients, wealthy individuals, entrepreneurs and families. The Asset Management division operates under the brand DWS, and it serves a diverse client base of retail and institutional investors worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
