The US IPO market raised almost twice as much for companies in Q1 2026 as Q1 2025. However, the outlook has darkened following recent domestic and world events, with uncertainty and unease continuing to grow.
The IPO market has been disrupted by oil shocks from the 2026 US-Israeli war with Iran, which began Feb. 28. The war’s impact, including the effective closing of the Strait of Hormuz to oil shipping, is at least partly responsible for IPO counts dropping by more than half (from 41 to 20) with a commensurate plunge ($10.7 billion to $5.0 ...