Goldman Sachs projects $600 billion in US equity issuance in 2027

What happened

Put together, it adds up to two of the biggest years for stock sales the US market has seen. The remaining $425 billion is expected to come from follow-on offerings, convertible securities, and special purpose acquisition (one company buying another) companies, better known as SPACs.

Increased equity issuance could strain market absorption, impacting valuations (what investors price the whole company at) and investor returns, especially if buyback support wanes. The post Goldman Sachs projects $600 billion in US equity issuance in 2027 appeared first on Crypto Briefing .

11, 2026 Goldman Sachs thinks corporate America is going to keep selling stock. In a report dated October 9, 2026, Goldman strategist Ben Snider forecast that US equity issuance will reach $600 billion in 2027.

That would follow a 2026 the bank now expects to set an all-time record. Breaking down the $600 billion The 2027 projection has two main pieces.

A follow-on is what it sounds like: a company that is already public goes back to investors and sells more shares. Convertibles are bonds that can turn into stock later.

SPACs are blank-check shells that raise money first and find a business to merge with afterward. The forecast lands after a blockbuster stretch.