Virtually every corner of the stock market has a terrifying 2022, including initial public offerings. The Renaissance IPO ETF (IPO), which tracks the performance of public companies, fell 57% in 2022, its biggest one-year decline on record. This was just two years after the largest annual gain. Total revenue from new companies going public will fall by more than $7 billion in 2022, reaching the lowest level since at least 2013, Renaissance data shows. Despite a sluggish year for IPOs, analysts see big gains ahead for some stocks that begin trading in 2022. CNBC Pro combs through 2022 IPOs for companies covered by at least seven analysts, with the average price target showing a rise of at least 15%. Of these, more than 60% of analysts have a buy rating. Among the names that made the list is Mobileye Global, a company specializing in assisted and autonomous driving technology. The stock has risen more than 66% since its public market debut in October. Mobileye is covered by 14 analysts, and about two-thirds of them rate the stock a buy. On average, analysts see the stock rising about 20% over the next 12 months. “We expect Mobileye to replicate its success in ADAS [advanced driver assistance systems] in Autonomous Driving to position itself for strong strong growth,” wrote JPMorgan analyst Samik Chatterjee, who rates the stock overweight. “Broader adoption of ADAS has delivered revenue growth of 34% between 2015 and 2021. Increase CPV [cooperative perception on vehicles] led by ADAS Enhanced Adoption, in combination with Supervision, Chauffeur, and [mobility as a service] platform, will enable ADAS scaling to [autonomous vehicles]driving 38% revenue CAGR between 2022 and 2030, implying revenue of $23 billion out of the decade,” wrote analysts. Eye care product manufacturer Bausch + Lomb also made the list, with 66% of analysts giving it a buy rating. Analysts average. see stock rallying 25% in the next year Bausch + Lomb has dropped 13% since going public in May Other stocks that made the list CinCor Pharma, Corebridge Financial and Credo Technology – CNBC’s Michael Bloom and Gina Francolla contributed reports.