Tech Brew Ride Home · Tuesday, November 3, 2026
Institutional investors have advised Anthropic and its advisors to lower its upcoming IPO valuation target to between $1.5 trillion and $1.6 trillion, down from earlier figures near $2 trillion. The downward adjustment is attributed to choppy markets, AI overexposure concerns, and recent tech stock sell-offs.
“In the past several days, institutional investors told the Claude Maker and its advisors that the company's valuation in its planned initial public offering later this month should be around $1.5 trillion to $1.6 trillion, according to people familiar with the matter well below figures closer to $2 trillion that had been bandied about in recent months.”