Anthropic prices IPO at $74 midpoint valuation

An analysis of Anthropic's preliminary IPO prospectus and roadshow prices the company's shares at a midpoint of $74.00, yielding a fully diluted equity value of $1,333 billion. A bottom-up revenue build models enterprise customer adoption, self-serve tiers, and new verticals to project FY30E revenue and evaluate bull, base, and bear valuation cases against four outside forecasts. Open article →