5 Most Anticipated IPOs in 2021 and 2022

2. Robinhood Markets

Robinhood Markets is a California-based financial services company founded in 2013. It is placed second on our list of 10 most anticipated IPOs in 2021 and 2022. Robinhood is famous for owning a trading app which allows users from all types of backgrounds to trade on the stock market. The application offers users the ability to make commission-free trades and has resulted in an influx of retail investors on the stock market that are increasingly shaping market dynamics by betting against traditional financial power players like hedge funds. 

The company is planning for a blockbuster IPO in either 2021 or 2022 and is targeting a valuation of over $40 billion. Few applications in history have the sort of impact that Robinhood has had on the stock market, with perhaps only Microsoft Corporation (NASDAQ: MSFT) and their Windows computer software matching Robinhood in terms of the potential it offers to bring change to how business is conducted. Microsoft Corporation (NASDAQ: MSFT), since its founding in the 1970s, has grown rapidly and is now close to $2 trillion in market capitalization.

On June 7, investment advisory Morgan Stanley maintained an Overweight rating on Microsoft Corporation (NASDAQ: MSFT) stock with a price target of $300. The company’s shares have returned more than 36% to investors in the past year. At the end of the first quarter of 2021, 251 hedge funds in the database of Insider Monkey held stakes worth $58 billion in Microsoft Corporation (NASDAQ: MSFT), down from 258 in the preceding quarter worth $52 billion.