5 Hottest Upcoming IPOs to Watch in 2022

2. Mobileye

Potential IPO Valuation: $50 Billion

Expected Date of IPO: Second Half of 2022

Mobileye develops autonomous driving technologies and advanced driver-assistance systems including cameras, computer chips, and software. The company went public in 2014 and was acquired and taken private by Intel Corporation (NASDAQ:INTC) in 2017 for $15.3 billion, roughly 3 times its IPO value. The company has collaborated with BMW, Volkswagen, General Motors Company, and Ford Motor Company, and integrated its technologies into their vehicles.

Mobileye was a successful investment for Intel Corporation (NASDAQ:INTC). In 2021, Mobileye accounted for $1.4 billion of Intel Corporation’s (NASDAQ:INTC) annual revenue, up 43% year over year. In December 2021, Intel Corporation (NASDAQ:INTC) announced that it plans to take Mobileye public for a valuation of $50 billion in the middle of 2022.