Morningstar Values Anthropic Equity at $1.7T in New Report

According to a Morningstar report, Anthropic’s equity is valued at $1.7 trillion, based on a base-case forecast of 47% compound annual revenue growth over the next five years. The valuation is driven by deeper enterprise spending, new customer acquisition, and revenue scaling via AWS Bedrock and Google Vertex AI. Morningstar rates the company’s moat as narrow and its uncertainty as very high. Open article →