Signal Desk · Markets

Damodaran values Anthropic at $1.475 trillion ahead of IPO

2026-10-29 · 1 source · Economic Times Markets

In short

Aswath Damodaran valued Anthropic at $1.475 trillion before its expected IPO. He said the value could change because of compute costs, slower revenue growth, and competition. His range runs from negative $373 billion to $4.04 trillion.

This matters because investors will look at this number before the IPO. The report does not say when the IPO will happen or what price Anthropic will choose.

What the reporting says

Aswath Damodaran valued Anthropic at $1.475 trillion ahead of its anticipated IPO, according to the publisher summary. He also warned that compute costs, slower revenue growth, and competition could change that outlook, and his scenarios ranged from negative $373 billion to $4.04 trillion in equity value. The immediate consequence is a wide valuation debate, while the timing and terms of the IPO remain unknown.

Why it matters

Aswath Damodaran valued Anthropic at $1.475 trillion ahead of its anticipated IPO, while warning that compute costs, slower revenue growth, and competition could alter the outlook. The reporting also gives a wide scenario range from negative $373 billion to $4.04 trillion in equity value. This shapes expectations around a potential listing, but the offering timing and final valuation remain unstated.

Touches: Anthropic, Markets, IPO, AI, Companies, Global

Sources