#anthropic拒绝延期ipo，本周路演估值几何？
According to Yahoo Finance, last week’s stock market plunge coincided with a pivotal moment for Anthropic, casting a shadow over the frontier AI developer’s expected pre-Thanksgiving IPO and raising questions about its valuation and whether it can sustain the next phase of AI growth.
Neostellar head Willy Lee said on Yahoo Finance’s “Market Hang” program that the only thing that matters for the rest of this year is Anthropic’s IPO. Investors want to know whether the company can sustain long-term growth and capture a meaningful share of the AI market, he said, adding that these are the two questions every investment committee asks daily ahead of an IPO.
Anthropic recently disclosed that its revenue grew 1,206% to $33.2 billion in the first nine months of this year. It also disclosed total committed spending of as much as $895.4 billion, primarily related to computing power and infrastructure.
But the AI growth narrative was put to the test last week as investors weighed the impact of Democrats winning control of Congress against the effects of data center construction. On Thursday, the Nasdaq Composite recorded its biggest single-day decline since April 2025, led by chip stocks.
According to Bloomberg, market turmoil prompted potential buyers to discuss lowering Anthropic’s valuation to between $1.2 trillion and $1.3 trillion, with some even considering as little as $1.1 trillion—far below expectations of as much as $2 trillion in early October.
Grenadilla Advisory founder and CEO Anna Rathbun said it would be difficult to go public at this point. Hennion & Walsh Chief Investment Officer Kevin Mahn said that delaying the IPO could be interpreted by investors as a bearish signal for the AI trade; going ahead and then failing to list or pricing below expectations could likewise be seen as bearish. He described the company’s current position as “damned if you do, damned if you don’t.”
Investors will also look for clues about the health of the AI trade when Nvidia reports earnings on November 17. Hyperscalers including Alphabet, Microsoft, Amazon and Meta, as well as TSMC and ASML, have already reported their results. Futurum Chief Market Strategist Shay Boloor believes there is only a 1% chance that Nvidia’s results will fall short of expectations.
According to Yahoo Finance, last week’s stock market plunge coincided with a pivotal moment for Anthropic, casting a shadow over the frontier AI developer’s expected pre-Thanksgiving IPO and raising questions about its valuation and whether it can sustain the next phase of AI growth.
Neostellar head Willy Lee said on Yahoo Finance’s “Market Hang” program that the only thing that matters for the rest of this year is Anthropic’s IPO. Investors want to know whether the company can sustain long-term growth and capture a meaningful share of the AI market, he said, adding that these are the two questions every investment committee asks daily ahead of an IPO.
Anthropic recently disclosed that its revenue grew 1,206% to $33.2 billion in the first nine months of this year. It also disclosed total committed spending of as much as $895.4 billion, primarily related to computing power and infrastructure.
But the AI growth narrative was put to the test last week as investors weighed the impact of Democrats winning control of Congress against the effects of data center construction. On Thursday, the Nasdaq Composite recorded its biggest single-day decline since April 2025, led by chip stocks.
According to Bloomberg, market turmoil prompted potential buyers to discuss lowering Anthropic’s valuation to between $1.2 trillion and $1.3 trillion, with some even considering as little as $1.1 trillion—far below expectations of as much as $2 trillion in early October.
Grenadilla Advisory founder and CEO Anna Rathbun said it would be difficult to go public at this point. Hennion & Walsh Chief Investment Officer Kevin Mahn said that delaying the IPO could be interpreted by investors as a bearish signal for the AI trade; going ahead and then failing to list or pricing below expectations could likewise be seen as bearish. He described the company’s current position as “damned if you do, damned if you don’t.”
Investors will also look for clues about the health of the AI trade when Nvidia reports earnings on November 17. Hyperscalers including Alphabet, Microsoft, Amazon and Meta, as well as TSMC and ASML, have already reported their results. Futurum Chief Market Strategist Shay Boloor believes there is only a 1% chance that Nvidia’s results will fall short of expectations.
