Bank of america foresees high demand for OpenAI and Anthropic ipos

Bank of America analyst JD Moriarty highlighted the potential for significant public market interest in upcoming IPOs from companies like OpenAI and Anthropic. He cited SpaceX’s recent listing as evidence of strong demand for transformative technology firms. Moriarty noted that abundant private capital has altered the traditional IPO process, creating new opportunities for tech companies. He discussed how this shift could influence the IPO landscape in 2026. The insights were shared during an interview on Bloomberg Tech with Ed Ludlow. The analyst emphasized the capacity of public markets to absorb large-scale IPOs, suggesting a robust environment for tech listings. This comes as institutional and retail investors show continued interest in high-growth ventures. Moriarty’s analysis underscores the evolving dynamics of capital raising in the tech sector. The potential for major IPOs from OpenAI and Anthropic reflects broader trends in market demand for innovation-driven companies.