11 Best Performing IPOs in the Last 2 Years

8. American Healthcare REIT, Inc. (NYSE:AHR)

Date of the IPO: February 7, 2024

% growth since IPO: 225.99%

American Healthcare REIT, Inc. (NYSE:AHR) secures a spot in the list of 11 best performing IPOs in the last 2 years. The company’s outlook shines with a positive second quarter and a consensus Buy rating from 11 analysts.

The company reported revenue of $542.5 million for the second quarter, a 7.5% growth over the same period last year. Its EPS has also seen a rise, reaching $0.42 compared to $0.01 in the previous year’s quarter. Additionally, on August 8, 2025, American Healthcare REIT, Inc. (NYSE:AHR) announced a new ATM Equity Offering Sales Agreement with multiple financial institutions, allowing for the sale of up to $1 billion in common stock. The funds are expected to be used to expand its portfolio through new acquisitions.

CNN noted a consensus Buy rating from 11 analysts, with an upside potential of 8.13% as of September 16, 2025, reflecting their confidence in the company’s future growth value.

American Healthcare REIT, Inc. (NYSE:AHR)’s initial public offering was on February 7, 2024, and since its IPO, it has seen a growth of 225.99%.

American Healthcare REIT, Inc. (NYSE:AHR) was founded in 2006. Operating from its headquarters in California, REIT acquires and manages a diversified portfolio of healthcare properties. It specializes in facilities such as medical office buildings, senior housing, and skilled nursing facilities.