It is a hot summer in the public subscription, as the new lists belong to the long -awaited public markets. After the wonderful first half of 2025, the demand for preliminary public offers exploded in the third quarter, with expected companies such as Circle Internet Group Inc. NYSE: CRCL Coreweave Inc. Nasdak: CRWV Even the most visible expectations over their appearance for the first time.
The momentum does not seem to slow because many promising companies reveal their lists.
The factors that contribute to the recovery of public subscription in Q2 2025
A group of factors have maintained the public subscription market recently. The poor poor of the total environment was not only in the first half of 2025 due to irregular trade policies, but private companies remained special longer than historical standards.
According to a research from Morgan Stanley, companies remain special now About 11 years old Before announcing the public, there is a significant increase on average for seven years in 2014. Private companies are not examined by their counterparts, and capital prices have withdrawn over the past few years.
Connect these factors with the rise of private markets, and there is no simply enthusiasm for the “public” as it was in the past. 84 subscriptions were released only in the first half of 2025Lower more than 100 in the same period last year.
If there is a light at the end of the tunnel, it started earlier this summer. We have seen many new lists that have reached the market, and many have grown greatly on the first day or trading week. It includes three reasons for the transformation:
- Investors ’appetite for new issues: Among the 16 subscriptions that raised more than $ 50 million so far in 2025, nine of them occurred in June. The demand for subscription subscriptions has returned significantly, and private companies previously were striking while the investment iron is hot.
- A momentum from specific sectors and industries: Perhaps you can guess the sectors we mean here. Artificial intelligence and adjacent companies continue to control the stock market, with some speculation in Crypto and its neighboring companies. Coreweave and Circle rose during the first week of trading, as investors are keen to throw money in anything of artificial intelligence and encryption at the present time.
- Expecting comfortable monetary policy: The slowdown in the labor market is bad news for the economy, but if the Federal Reserve reserves the price cutting course in September, it may create cheaper capital for subscription subscriptions. High rates reduce demand for new issues, and a reduction before the end of the year can increase the juice of this hot market.
2 new issues that attract the interest of the investor this month
The first wave of subscriptions has witnessed the big subscriptions this year companies such as Coreweave and Circle achieved great gains before the fluctuations subsided. But July was another banner of new issues; Below are two stocks for the first time to keep your radar.
Figma: Create a cooperative design for design
Figma today

As of 11/08/2025 03:55 pm
- 52 weeks
- 76.65 dollars
▼
142.92 dollars
The first for the first time is the subscription since Coreweave, Figma Inc. Nyse: figHe went out to a ridiculous start even before the shares were put in public. After looking at the opening price between $ 25 and 28 dollars, the stock first appeared at $ 33 and soon rose about $ 100 before reaching the stock exchanges. By the end of the first day, figs were traded at $ 115, with a shock of more than 200 % of the opening price.
Figma has the financial statements to support its exciting performance in the first week. The company has more than 13 million active users He received more than $ 228 million in revenues in the first quarter of 2025 (46 % increase on year (YO)), with a net income of $ 44.9 million.
Fig’s market value increased by more than $ 67 billion after the first day of trading, although the decline of 35 % sent shares to less than $ 80 in the subsequent five sessions.
The unique Figma platform allows designers and professionals to cooperate at different interfaces in actual time, and with 85 % of current customers outside the United States, growth prospects are still strong though this The huge evaluation in about 40x sales.
The impressive Figma menu includes Stripe, Duolingo and Netflix Inc. customers. Nasdak: NFLX.
Mntn: The first engine feature in a new advertising space
Mntn today

- 52 weeks
- 18.25 dollars
▼
32.49 dollars
- The target price
- 30.70 dollars
If you do not mind seeing Ryan Reynolds in C-Suite and have an interest in innovative advertising companies based on artificial intelligence, Mntn Inc. Nyse: mntn It can be an interesting investment.
Pleality “mountain”, the company has A platform called Performance TVWhich helps customers create specific and designed advertising plans targeting viewers based on their connected TV viewing habits and combating population composition. The connected TV is simply any TV with an internet connection, such as Roku TV or Amazon Fire TV Stick.
MNTN reported the first release of its profits as a public company on August 5, which was lost to analysts’ profitability of the arrow, but exceeded revenue estimates by 6 %. The revenue of $ 68.46 million is an increase on an annual basis by 25 %, and it has a distinctive feature in this field thanks to partnerships with Peacock, ESPN, CBS and Fox.
Marketbeat is already tracking 10 analysts covering shares, with two categories of reservation and eight purchase assessments. The purpose of the consensus is $ 29.90, which suggests The upward trend is about 20 % of the current prices.
Before you think about Figma, you will want to hear this.
Marketbeat follows the best research analyst at Wall Street, the best performance in Wall Street and the stocks they recommend to their customers on a daily basis. Marketbeat has identified the five shares whom the top analysts quietly whispered to their customers to buy now before hunting the broader market … Figma was not in the list.
While Figma currently has a suspended classification between analysts, analysts from the top rankings believe that these five stocks buy better.
Show the five stocks here
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