Fanatics Stock Potential: Is a Fanatics IPO Coming?

Fanatics stock has the potential to shake up the market. Many investors speculate that a Fanatics IPO is coming sooner rather than later. However, the retail company isn't planning to make its debut before the end of the year.

Fanatics is an e-commerce giant in the sports industry with a valuation of $27 billion after its latest $1.5 billion funding round. It recently bought Topps for $500 million. The company has deals with Major League Baseball, the National Football League and the NBA.

Michael Rubin bought Fanatics from its founders in 2011. He sold GSI Commerce to eBay for $2.4 billion later that year. Rubin was a part owner of the NBA’s Philadelphia 76ers and the NHL”s New Jersey Devils before selling his stakes to focus on Fanatic. Fanatsi has deals with the “Big 3“ sports to produce its trading cards and partnerships with NASCAR, the NFL, MLS, Formula 1 and other sports organizations around the globe.

Fanatics is a sports memorabilia company that is growing in popularity. Michael Rubin is planning an IPO, but there is no timetable in place. Some experts believe Rubin wants to wait for the current market downturn to subside and others believe he wants the company's valuation to hit $100 billion.

Fanatics IPO is coming. Do your due diligence and expand your research. Best investment newsletters provide daily insights, trends and financial analysis for no cost. Corey Mann is the Content Manager of Investment U. He has more than 10 years of experience as a journalist and content creator.