New Constructs values Anthropic at $150 billion ahead of potential $2 trillion IPO
New Constructs, an independent financial research provider, released a report on Tuesday valuing Anthropic at $150 billion, far below the potential $2 trillion market cap the company is reportedly targeting for a Nasdaq IPO. The firm called the offering the 'most ridiculous IPO of 2026' and said Wall Street faces an 'unprecedented test of investor gullibility.' To justify a $2 trillion…
Key points
- New Constructs values Anthropic at $150 billion, far below the potential $2 trillion IPO target
- Anthropic's 2025 revenue was $4.6 billion with a $42 billion net loss per Reuters
- New Constructs says Anthropic would need double Nvidia's $190B profit to justify $2T valuation
Research Firm Calls Anthropic's IPO 'Unprecedented Test of Investor Gullibity'
cnbc.com · 7 October 2026
Loading the full article…
This text was published by cnbc.com and written by Isabel O'Brien. It is reproduced here with attribution so you can read it in full; the rights remain with the publisher. Read it at the source ↗
Coverage and discussion
1source- Hacker News discussion · 241 pointsnews.ycombinator.com
The headline, key points and digest above were generated by Digest AI's editorial model from the linked sources. Automated summaries can contain errors: the sources are the record. Spotted a mistake? Tell us. Published by Martin K., who runs Digest AI and handles corrections.
More in Policy & Regulation
All →- OpenAI and Anthropic urge UK to adopt binding AI rules · 2 src
- US regulators question banks on agentic AI, Chinese models and safeguards · 1 src
- Leading the Future PAC may use shell companies to hide AI campaign spending · 1 src
- Anthropic bans 'cruel' behavior toward its AI in policy update · 1 src
- AI’s refusal often fails: perils of AI safety · 1 src
Comments
via GitHub Discussions