Talha Qureshi
5 min read
In This Article:
We recently compiled a list of the 11 Most Promising New Technology Stocks According to Analysts. In this article, we are going to take a look at where WeRide Inc. (NASDAQ:WRD) stands against the other most 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.
