Get Ahead with IPO Insights, IPO Prophet

IPO Prophet

Get Ahead with IPO Insights

At IPO Prophet®, our team leverages over three decades of expertise to deliver actionable quantitative analytics for the IPO market in real-time. This platform synthesizes our extensive experience investing in IPOs, providing investors with revolutionary tools to navigate the complexities of issuance day. Our mission is to empower investors with data-driven insights to make more informed decisions.

Equity Capital Markets

<ul><li>December 18, 2025 — Andersen Group, Inc. (NYSE: ANDG) began trading yesterday on the New York Stock Exchange following the pricing of its initial public offering.</li><li>Shares opened at $21.00 after pricing at $16.00, representing an opening gain of roughly 31 percent.</li><li>During the session, the stock traded to an intraday high of $24.48 and a low of $20.00 before finishing the day well above its IPO price at $23.50, marking a strong debut for the professional services firm.</li></ul>

December 18, 2025 — Andersen Group, Inc. (NYSE: ANDG) began trading yesterday on the New York Stock Exchange following the pricing of its initial public offering.Shares opened at $21.00 after pricing at $16.00, representing an opening gain of roughly 31 percent.During the session, the stock traded to an intraday high of $24.48 and a low of $20.00 before finishing the day well above its IPO price at $23.50, marking a strong debut for the professional services firm.

Andersen Debuts as a Public Company in a Milestone IPO for Professional Services

US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

US IPOs and Secondary Offerings

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

IPOs and Secondary Offerings

<ul>
<li>Andersen priced at the high end and delivered a powerful first-day performance, signaling strong institutional demand despite recent IPO market skepticism.</li>
<li>Shares climbed steadily throughout the session, reflecting high-quality long-only participation and confidence in Andersen’s growth and margin profile.</li>
<li>Near-Term upside may moderate as investors take profits into year-end, but fundamentals support continued longer-term interest.</li>
</ul>


Andersen priced at the high end and delivered a powerful first-day performance, signaling strong institutional demand despite recent IPO market skepticism.
Shares climbed steadily throughout the session, reflecting high-quality long-only participation and confidence in Andersen’s growth and margin profile.
Near-Term upside may moderate as investors take profits into year-end, but fundamentals support continued longer-term interest.


Andersen Group Inc. (ANDG): Professional Services Platform Delivers Strong IPO Debut

<ul>
<li>Andersen is offering 11.0mm shares at $14–$16, with early channel checks indicating a multiple-times oversubscribed book ahead of its December 17 debut.</li>
<li>The firm has built a global advisory platform across tax, legal, and valuation services, delivering strong organic growth and meaningful margin expansion.</li>
<li>Valuation appears reasonable versus peers, though year-end timing and recent IPO volatility may temper initial trading enthusiasm.</li>
</ul>


Andersen is offering 11.0mm shares at $14–$16, with early channel checks indicating a multiple-times oversubscribed book ahead of its December 17 debut.
The firm has built a global advisory platform across tax, legal, and valuation services, delivering strong organic growth and meaningful margin expansion.
Valuation appears reasonable versus peers, though year-end timing and recent IPO volatility may temper initial trading enthusiasm.


Andersen Group Inc. (ANDG): Late-Year IPO Backed by Global Scale and Expanding Margins

<ul><li>Andersen Group Inc., a San Francisco–based tax and advisory firm, has set terms to raise approximately $165 million in its upcoming NYSE IPO by offering 11 million Class A shares priced in a range of $14–$16 per share.</li><li>At the midpoint, the deal implies a market capitalization of roughly $1.64 billion based on 109.3 million total shares outstanding after the offering.</li><li>The company will trade under the ticker ANDG, with Morgan Stanley, UBS Investment Bank, Deutsche Bank Securities, Truist, Wells Fargo, Baird, and William Blair leading the underwriting syndicate.</li></ul>

Andersen Group Inc., a San Francisco–based tax and advisory firm, has set terms to raise approximately $165 million in its upcoming NYSE IPO by offering 11 million Class A shares priced in a range of $14–$16 per share.At the midpoint, the deal implies a market capitalization of roughly $1.64 billion based on 109.3 million total shares outstanding after the offering.The company will trade under the ticker ANDG, with Morgan Stanley, UBS Investment Bank, Deutsche Bank Securities, Truist, Wells Fargo, Baird, and William Blair leading the underwriting syndicate.

Wall Street Takes a Hard Look at Andersen's Next Act

<ul>
<li>Andersen Group launches a $14–$16 IPO, offering 11 million shares with an estimated $1.55–$1.75 billion valuation.</li>
<li>IPO proceeds primarily fund AT Umbrella LLC and support technology, infrastructure, and potential strategic acquisitions.</li>
<li>Strong long-term growth and a controlled company structure shape the offering amid uncertain late-year IPO market conditions.</li>
</ul>


Andersen Group launches a $14–$16 IPO, offering 11 million shares with an estimated $1.55–$1.75 billion valuation.
IPO proceeds primarily fund AT Umbrella LLC and support technology, infrastructure, and potential strategic acquisitions.
Strong long-term growth and a controlled company structure shape the offering amid uncertain late-year IPO market conditions.


Andersen Group Inc. (ANDG):Tax & Financial Solutions Provider Sets Terms for End of Year IPO

United States

Andersen Group Inc. provides professional services. The Company offers private and outsourced accounting, tax, valuation, and financial advisory services. Andersen Group serves individuals and family offices, businesses, and institutional clients in the United States.

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Andersen Group (ANDG US)

Andersen Debuts as a Public Company in a Milestone IPO for Professional Services

Strong first-day trading highlights investor appetite for scaled, cash-generative advisory firms and signals continued broadening of the U.S. IPO...

IPO Prophet

Andersen Group Inc. (ANDG): Professional Services Platform Delivers Strong IPO Debut

Andersen delivers a strong IPO debut with steady aftermarket performance. Profit-taking may temper near-term gains, but long-term interest remains...

IPO Boutique

Andersen Group Inc. (ANDG): Late-Year IPO Backed by Global Scale and Expanding Margins

Andersen to offer 11.0mm shares at $14-$16, strong growth in global advisory services, reasonable valuation but IPO timing and volatility may...

IPO Boutique

Wall Street Takes a Hard Look at Andersen's Next Act

A global tax, valuation, and advisory platform built on the legacy of Arthur Andersen prepares its Wall Street debut. Andersen Group Inc., a San...

IPO Prophet

Andersen Group Inc. (ANDG):Tax & Financial Solutions Provider Sets Terms for End of Year IPO

Andersen Group launches $14-$16 IPO for 11 million shares, aiming to fund AT Umbrella LLC and future growth amidst challenging IPO market conditions.

IPO Boutique

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Andersen Debuts as a Public Company in a Milestone IPO for Professional Services

Strong first-day trading highlights investor appetite for scaled, cash-generative advisory firms and signals continued broadening of the U.S. IPO...

IPO Prophet

Andersen Group Inc. (ANDG): Professional Services Platform Delivers Strong IPO Debut

​Andersen delivers a strong IPO debut with steady aftermarket performance. Profit-taking may temper near-term gains, but long-term interest remains...

IPO Boutique

Andersen Group Inc. (ANDG): Late-Year IPO Backed by Global Scale and Expanding Margins

​Andersen to offer 11.0mm shares at $14-$16, strong growth in global advisory services, reasonable valuation but IPO timing and volatility may...

IPO Boutique

Wall Street Takes a Hard Look at Andersen's Next Act

A global tax, valuation, and advisory platform built on the legacy of Arthur Andersen prepares its Wall Street debut. Andersen Group Inc., a San...

IPO Prophet

Andersen Group Inc. (ANDG):Tax & Financial Solutions Provider Sets Terms for End of Year IPO

​Andersen Group launches $14-$16 IPO for 11 million shares, aiming to fund AT Umbrella LLC and future growth amidst challenging IPO market conditions.

IPO Boutique

Andersen delivers a strong IPO debut with steady aftermarket performance. Profit-taking may temper near-term gains, but long-term interest remains...

Andersen to offer 11.0mm shares at $14-$16, strong growth in global advisory services, reasonable valuation but IPO timing and volatility may...

Andersen Group launches $14-$16 IPO for 11 million shares, aiming to fund AT Umbrella LLC and future growth amidst challenging IPO market conditions.