Multiple outlets report that the valuation being discussed for Anthropic’s planned initial public offering depends heavily on a projected revenue range for 2028. Sources cited by both outlets say the company’s IPO valuation is linked to forecast revenue of about $190 billion to $200 billion in 2028.
The reports frame the revenue projection as a key driver behind expectations for what investors may be willing to pay. While the outlets do not detail the full basis for the forecast in the provided excerpts, they present the 2028 figure as central to negotiations and valuation discussions. Differences in coverage appear to be limited to how each outlet introduces the information (for example, use of “exclusive” sourcing), rather than on the underlying revenue range mentioned.
Overall, both accounts converge on the same point: the market assessment of Anthropic’s future growth, as reflected in the 2028 revenue forecast, underpins current IPO valuation estimates.
