Anthropic's IPO valuation hinges on $190-200B 2028 revenue forecast
Anthropic IPO valuation hinges on $190-200B 2028 revenue forecast
Anthropic is projecting 2028 revenue of $190-200 billion, a figure that underpins its upcoming IPO valuation. Bankers and investors are using enterprise value-to-revenue multiples based on these forecasts, looking two years ahead—unusual for most IPOs. The projection dwarfs the $47 billion run rate announced in May, reflecting the company's explosive growth. Comparable companies like Cloudflare, Palantir, and SpaceX serve as reference points, with Palantir trading at 53 times expected 2026 revenue. The valuation rests on the belief that current heavy spending on AI infrastructure will lead to expanding margins as revenue scales.
Could they (Anthropic) get a $2 trillion valuation, yeah they could and I just wonder if it would stay there over time.
- zackify
The world doesn't make sense to me. I use 5.6 Luna. Deepseek v4 flash 0731. And kimi k3. Don't even need claude anymore at their insane prices for anything I do.
- tolugenius
> "Could they (Anthropic) get a $2 trillion valuation, yeah they could and I just wonder if it would stay there over time"
Can someone explain exactly how the market can in any sense support not one but two trillion dollar valuations (referencing spacex as the first)? (I imagine openai will likely be in the same ballpark) genuinely we're reaching "elementary levels of big funny number" in the market.
- chrisXOXO
Idk, but for me it is ridiculous, people still doubt these valuations. SpaceX was of course non sense. But to value those companies lower than 1 trillion???
Please, link some source to change my mind.
- bzmrgonz
China keeps eating their lunch tho, have you guys seen the new deepseek harness?? Get ready to have your mind blown.
- iamleppert
I love Claude but as soon as there is a viable replacement and I get around to it, I’m gone. I have zero loyalty to a chatbot and when the interface is just text the cost of switching is up to my personal whims.