Latest news with #SPACs
Yahoo
a day ago
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SPAC Comeback Draws Renewed Interest from Wall Street
They're SPAC! Just when the market seemed dead and buried, special purpose acquisition companies have risen from the grave. The re-emergence of the once, maybe still, controversial vehicles that let companies go public outside of traditional IPOs is underscored by strong hints this week that one of yesteryear's biggest Wall Street underwriters of the blank check firms is once again ready to make deals after bowing out of the space three years ago. READ ALSO: OpenAI Careens Toward Messy Divorce From Microsoft and Drones Steal the Paris Air Show To remember SPACs is to take a time machine back to their golden age of 2021, when the song of the summer didn't matter because you were at home in pajamas during pandemic lockdowns. That's when these blank-check companies, which list on public markets in order to later merge with a target company and take it public, were all the rage. There was a time when it felt like there were as many celebrity SPACs — Martha Stewart, Jay-Z and Shaquille O'Neal each got in on the craze — as there are celebrity tequila brands. Roughly 600 SPAC deals in 2021 raised a record $163 billion. But a year later, the market froze after interest rates were hiked and the S&P 500 turned in its worst year since the late-2000s financial crisis, falling 19% in 2022. The value of many companies that went public during the SPAC craze crashed, too. They were not helped by the Securities and Exchange Commission stepping in to protect investors. The regulator introduced rules in 2022, finalized two years later, that aligned SPAC disclosure and conflict of interest requirements more closely with the rigorous standards of traditional IPOs. But this year, finally, has marked a mini-comeback of sorts, thanks to maybe the biggest celebrity SPAC figure of all: That, of course, would be President Trump, whose Truth Social went public via SPAC merger in 2022. The expectation that Trump and Paul Atkins, his pick for SEC chair, would focus more on capital formation than clampdown has sparked a return to the vehicles: According to SPACInsider data, there have been 58 SPAC offerings so far this year, one more than the total in all of 2024. In fact, the most active bank on SPAC deals this year, Cantor Fitzgerald, has deep ties to the Trump administration: Commerce Secretary Howard Lutnick is its former CEO and upon taking his job in Trump's Cabinet, he handed control to his sons Brandon and Kyle. However, the fuss has been enough to lure back Wall Street's former titan of the SPAC space: Bloomberg reported earlier this week that Goldman Sachs is prepared to start underwriting SPAC deals again after it largely withdrew from the space in 2022. The Fine Print: Performance among private companies that went public by merging with SPACs this year has not exactly been spectacular. According to data from ListingTrack on 20 such firms, the median return has been a decline of 74%. This post first appeared on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Diebold Nixdorf, Incorporated (DBD): Among the Most Promising New Technology Stocks According to Analysts
We recently compiled a list of the . In this article, we are going to take a look at where Diebold Nixdorf, Incorporated (NYSE:DBD) stands against the other promising new technology stocks. The stock market entered 2025 with much optimism, taking confidence from last year's performance. Similar to the stock market, the US IPO market also entered 2025 well-positioned for a promising year. However, the uncertainty regarding the tariffs has led to a lot of volatility in both the stock market and the IPO market. On March 27, White & Case released its insights on the US IPO market. The report highlighted that the US IPO showed steady gains due to stabilized gains and falling interest rates in the fourth quarter of 2024. Last year marked the second consecutive year of positive growth in US IPO proceeds, including the SPACs (Special Purpose Acquisition Company), as the proceeds reached $41.36 billion after growing 75% year-over-year. While the growth was impressive, it was still well below the pre-pandemic levels. In terms of the IPO counts, the number of IPOs grew from 154 in 2023 to 231 in 2024. The report also noted that the United States continued to lead the global IPO market by posting more than twice the level of proceeds as India, which is the second-largest IPO market by proceeds. The progress from the last year was carried on into 2025 as figures from the January 2025 IPO were favorable compared to the same month last year. In January, the US saw 29 IPOs, up from 17, with deal values growing from $3.45 billion to $5.1 billion. Moreover, the pipeline figures showed that there were 57 pending IPOs in March 2025. The United States market is anticipating more technology and artificial intelligence companies to go IPO during the year. This is due to the massive joint investment through Stargate's $100 billion reserve. The report acknowledged the uncertainty and difficulty that new companies might be facing due to the tariffs. However, the overall economic policies of the administration are viewed as capital-friendly, thereby paving the way for more IPOs to be filed this year. To curate the list of 11 most promising new technology stocks according to analysts, we used the Finviz stock screener and CNN. Using the screener, we aggregated a list of technology stocks that have IPOed within the last 3 years. Next, we sourced the upside potential based on Wall Street analysts' price target estimates for each stock from CNN and ranked the stocks in ascending order of this indicator. We have also added the hedge fund sentiment around each stock from Insider Monkey's Q4 2024 database. Please note that the data was recorded on May 13, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A businessperson checking their laptop, highlighting the company's integration of technology across its banking and financial services. Analyst Upside Potential: 57.72% Number of Hedge Fund Holders: 20 Diebold Nixdorf, Incorporated (NYSE:DBD) is an international technology company that operates by automating, digitizing, and transforming banking and shopping experience. The company engages in Banking Solutions, Retail Solutions, and Security & Innovation. On May 8, D.A. Davidson analyst Matt Summerville reiterated a Buy rating on the stock with a price target of $80. The buy rating is based on the exceptional performance during the fiscal first quarter of 2025. Diebold Nixdorf, Incorporated (NYSE:DBD) highlighted growing demand for its technologies, reflected by a 36% year-over-year growth in order entry. Moreover, the company also grew its product backlog to $900 million, indicating a strong upcoming second quarter. The first quarter revenue came in at $841.1 million, in-line with the expectations, while the GAAP gross margins improved 80 basis points to 24.1%. Looking ahead, management expects second quarter revenue to grow by low single digits with free cash flow between $190 million and $200 million. Diebold Nixdorf, Incorporated (NYSE:DBD) is one of the most promising new technology stocks according to analysts. Overall DBD ranks 3rd on our list of the most promising new technology stocks according to analysts. While we acknowledge the potential of DBD as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DBD but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
Klaviyo, Inc. (KVYO): Among the Most Promising New Technology Stocks According to Analysts
We recently compiled a list of the . In this article, we are going to take a look at where Klaviyo, Inc. (NYSE:KVYO) stands against the other promising new technology stocks. The stock market entered 2025 with much optimism, taking confidence from last year's performance. Similar to the stock market, the US IPO market also entered 2025 well-positioned for a promising year. However, the uncertainty regarding the tariffs has led to a lot of volatility in both the stock market and the IPO market. On March 27, White & Case released its insights on the US IPO market. The report highlighted that the US IPO showed steady gains due to stabilized gains and falling interest rates in the fourth quarter of 2024. Last year marked the second consecutive year of positive growth in US IPO proceeds, including the SPACs (Special Purpose Acquisition Company), as the proceeds reached $41.36 billion after growing 75% year-over-year. While the growth was impressive, it was still well below the pre-pandemic levels. In terms of the IPO counts, the number of IPOs grew from 154 in 2023 to 231 in 2024. The report also noted that the United States continued to lead the global IPO market by posting more than twice the level of proceeds as India, which is the second-largest IPO market by proceeds. The progress from the last year was carried on into 2025 as figures from the January 2025 IPO were favorable compared to the same month last year. In January, the US saw 29 IPOs, up from 17, with deal values growing from $3.45 billion to $5.1 billion. Moreover, the pipeline figures showed that there were 57 pending IPOs in March 2025. The United States market is anticipating more technology and artificial intelligence companies to go IPO during the year. This is due to the massive joint investment through Stargate's $100 billion reserve. The report acknowledged the uncertainty and difficulty that new companies might be facing due to the tariffs. However, the overall economic policies of the administration are viewed as capital-friendly, thereby paving the way for more IPOs to be filed this year. To curate the list of 11 most promising new technology stocks according to analysts, we used the Finviz stock screener and CNN. Using the screener, we aggregated a list of technology stocks that have IPOed within the last 3 years. Next, we sourced the upside potential based on Wall Street analysts' price target estimates for each stock from CNN and ranked the stocks in ascending order of this indicator. We have also added the hedge fund sentiment around each stock from Insider Monkey's Q4 2024 database. Please note that the data was recorded on May 13, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A content marketing website showing the audience reach of the company's products. Klaviyo, Inc. (NYSE:KVYO) provides customer relationship management platforms to businesses. Its platform is specifically designed for Business-to-Consumer brands, focusing on unifying marketing analytics and customer service into one integrated solution. The company continues to position itself as a growth company. It now serves over 169,000 customers internationally including entrepreneurs to global enterprises. More importantly, Klaviyo, Inc. (NYSE:KVYO) has been able to attract large value customers as it ended the first quarter of 2025 with 3,030 customers with over $50,000 in ARR, up 40% year-over-year. It also reported having more than 1,000 customers that pay more than $100,000 in ARR. Moreover, the company also continues to grow small and medium customers through SMS marketing penetration. Its investments in international markets also reaped results as the EMEA revenue grew 47% year-over-year, while combined EMEA and APAC revenue increased by 42% during the same time. Overall, Klaviyo, Inc. (NYSE:KVYO) grew its revenue by 33% year-over-year to reach $279.8 million. Management also raised its revenue guidance for the full year, representing 25% to 26% year-over-year growth. Klaviyo, Inc. (NYSE:KVYO) is one of the most promising new technology stocks according to analysts. Overall KVYO ranks 8th on our list of the most promising new technology stocks according to analysts. While we acknowledge the potential of KVYO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than KVYO but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
15-05-2025
- Business
- Yahoo
Ingram Micro Holding Corporation (INGM): Among the Most Promising New Technology Stocks According to Analysts
We recently compiled a list of the . In this article, we are going to take a look at where Ingram Micro Holding Corporation (NYSE:INGM) stands against the other promising new technology stocks. The stock market entered 2025 with much optimism, taking confidence from last year's performance. Similar to the stock market, the US IPO market also entered 2025 well-positioned for a promising year. However, the uncertainty regarding the tariffs has led to a lot of volatility in both the stock market and the IPO market. On March 27, White & Case released its insights on the US IPO market. The report highlighted that the US IPO showed steady gains due to stabilized gains and falling interest rates in the fourth quarter of 2024. Last year marked the second consecutive year of positive growth in US IPO proceeds, including the SPACs (Special Purpose Acquisition Company), as the proceeds reached $41.36 billion after growing 75% year-over-year. While the growth was impressive, it was still well below the pre-pandemic levels. In terms of the IPO counts, the number of IPOs grew from 154 in 2023 to 231 in 2024. The report also noted that the United States continued to lead the global IPO market by posting more than twice the level of proceeds as India, which is the second-largest IPO market by proceeds. The progress from the last year was carried on into 2025 as figures from the January 2025 IPO were favorable compared to the same month last year. In January, the US saw 29 IPOs, up from 17, with deal values growing from $3.45 billion to $5.1 billion. Moreover, the pipeline figures showed that there were 57 pending IPOs in March 2025. The United States market is anticipating more technology and artificial intelligence companies to go IPO during the year. This is due to the massive joint investment through Stargate's $100 billion reserve. The report acknowledged the uncertainty and difficulty that new companies might be facing due to the tariffs. However, the overall economic policies of the administration are viewed as capital-friendly, thereby paving the way for more IPOs to be filed this year. To curate the list of 11 most promising new technology stocks according to analysts, we used the Finviz stock screener and CNN. Using the screener, we aggregated a list of technology stocks that have IPOed within the last 3 years. Next, we sourced the upside potential based on Wall Street analysts' price target estimates for each stock from CNN and ranked the stocks in ascending order of this indicator. We have also added the hedge fund sentiment around each stock from Insider Monkey's Q4 2024 database. Please note that the data was recorded on May 13, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close up view of a person's hands typing on a computer keyboard, emphasizing internet-based information technology services. Ingram Micro Holding Corporation (NYSE:INGM) is an international distributor of information technology products and services. Its offerings include cloud-based services, client and end-point solutions, and traditional hardware and software distribution. The company has operations in North America, the Middle East, Europe, Latin America, and Asia-Pacific. On March 25, analyst Surinder Thind from Jefferies reiterated a Buy rating on the stock with a price target of $24. The analyst noted that although the earnings per share estimations have declined and the product margins are lower. However, the company's valuations remain attractive. Ingram Micro Holding Corporation (NYSE:INGM) released its fiscal first quarter results for 2025 on May 8. The company grew its revenue by 8.3% to reach $12.28 billion. This was above the higher end of managements guidance. Moreover, the gross profit also came in close to the upper end of its guidance at $828.8 million. Looking ahead, management expects second quarter revenue to be between $11.77 billion to $12.17 billion. Ingram Micro Holding Corporation (NYSE:INGM) is one of the most promising new technology stocks according to analysts. Middle Coast Investing stated the following regarding Ingram Micro Holding Corporation (NYSE:INGM) in its Q4 2024 investor letter: 'Ingram Micro Holding Corporation (NYSE:INGM) is a technology distributor of both hardware software. It is the biggest competitor in size to TD Synnex (SNX), which we also own. Ingram just went public again after being bought out and then resold a few years ago. It has the baggage of private equity ownership, which will put pressure on shares in the coming years. The company's revenue has not been growing, though I think that's an industry level issue. It has scale and is a leader in the industry, and trades meaningfully cheaper than its peers. We again have a starter position, but I don't think that discount should persist (and in owning SNX, we believe there is value in the sector as a whole).' Overall INGM ranks 7th on our list of the most promising new technology stocks according to analysts. While we acknowledge the potential of INGM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than INGM but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Arm Holdings plc (ARM): Among the Most Promising New Technology Stocks According to Analysts
We recently compiled a list of the . In this article, we are going to take a look at where Arm Holdings plc (NASDAQ:ARM) stands against the other promising new technology stocks. The stock market entered 2025 with much optimism, taking confidence from last year's performance. Similar to the stock market, the US IPO market also entered 2025 well-positioned for a promising year. However, the uncertainty regarding the tariffs has led to a lot of volatility in both the stock market and the IPO market. On March 27, White & Case released its insights on the US IPO market. The report highlighted that the US IPO showed steady gains due to stabilized gains and falling interest rates in the fourth quarter of 2024. Last year marked the second consecutive year of positive growth in US IPO proceeds, including the SPACs (Special Purpose Acquisition Company), as the proceeds reached $41.36 billion after growing 75% year-over-year. While the growth was impressive, it was still well below the pre-pandemic levels. In terms of the IPO counts, the number of IPOs grew from 154 in 2023 to 231 in 2024. The report also noted that the United States continued to lead the global IPO market by posting more than twice the level of proceeds as India, which is the second-largest IPO market by proceeds. The progress from the last year was carried on into 2025 as figures from the January 2025 IPO were favorable compared to the same month last year. In January, the US saw 29 IPOs, up from 17, with deal values growing from $3.45 billion to $5.1 billion. Moreover, the pipeline figures showed that there were 57 pending IPOs in March 2025. The United States market is anticipating more technology and artificial intelligence companies to go IPO during the year. This is due to the massive joint investment through Stargate's $100 billion reserve. The report acknowledged the uncertainty and difficulty that new companies might be facing due to the tariffs. However, the overall economic policies of the administration are viewed as capital-friendly, thereby paving the way for more IPOs to be filed this year. To curate the list of 11 most promising new technology stocks according to analysts, we used the Finviz stock screener and CNN. Using the screener, we aggregated a list of technology stocks that have IPOed within the last 3 years. Next, we sourced the upside potential based on Wall Street analysts' price target estimates for each stock from CNN and ranked the stocks in ascending order of this indicator. We have also added the hedge fund sentiment around each stock from Insider Monkey's Q4 2024 database. Please note that the data was recorded on May 13, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). High angle view of a semiconductor chip against an array of electronics components. Arm Holdings plc (NASDAQ:ARM) is a semiconductor and software design company based in England. The company specializes in architecting, developing, and licensing intellectual property solutions for central processing units, graphics processing units, neural processing units, and interconnect technologies. On May 8, J.P. Morgan analyst Harlan Sur maintained a Buy rating on the stock with a price target of $150. Sur likes the company's growth in licensing and royalty revenues. The analyst also noted that rapid adoption of Arm Holdings plc (NASDAQ:ARM) v9 compute platforms across mobile, automotive, and industrial sectors is contributing to robust year-over-year growth despite a slight revenue guidance miss for the upcoming quarter. He also emphasized that the company's strategic focus on system-level innovation, software, and AI positions it well for future product differentiation and performance gains. During the fiscal fourth quarter of 2024, Arm Holdings plc (NASDAQ:ARM) posted a record revenue of $1.24 billion, surpassing $1 billion in quarterly revenue for the first time. Royalty revenue reached a record $607 million, up 18%, while licensing and other revenues surged 53% to $634 million. The company ranks as one of the most promising new technology stocks according to analysts. Overall ARM ranks 11th on our list of the most promising new technology stocks according to analysts. While we acknowledge the potential of ARM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ARM but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
