Why Anthropic need not fret if its IPO value is closer to $1 trillion than $2 trillion
Investors do not generally buy an IPO for the revenue and profit it is making today; they look a few years out. Anthropic’s annual sales could expand at a compound annual rate of over 40% starting in 2027, reaching nearly $270 billion in 2029 and generating some $70 billion of operating profit on an adjusted basis, excluding the impact of stock-based pay, Bloomberg Intelligence forecasts.