Goldman Sachs forecasts Anthropic could generate $685 billion in revenue by 2030
Goldman Sachs analysts project that AI firm Anthropic will reach $685 billion of annual revenue by 2030, with $586 billion from enterprise sales and $100 billion from non‑enterprise customers. The company is targeting a valuation of $1 trillion to $1.4 trillion for its upcoming IPO, which is priced at $70‑$78 per share and is slated to begin trading on Nasdaq under the ticker “ANT” on November 19. The offering aims to raise $90.4 billion, including a $26 billion private placement.
Why it matters
The forecast sets a high revenue target that underpins Anthropic’s $1‑$1.4 trillion valuation range, influencing investor appetite for the IPO. Goldman’s projection that the firm will remain free‑cash‑flow negative until 2030 highlights the capital intensity of its compute spending, which could affect post‑IPO performance expectations.
Key facts
- 1Goldman Sachs predicts Anthropic could generate $685 billion in annual revenue by 2030. finance.yahoo.com
- 2Enterprise sales are expected to account for $586 billion of that total. finance.yahoo.com
- 3Non‑enterprise customers are projected to contribute $100 billion. finance.yahoo.com
- 4Anthropic reported $4.58 billion in revenue in the prior year. finance.yahoo.com
- 5The IPO targets a valuation of approximately $1 trillion to $1.4 trillion. finance.yahoo.com
- 6Shares are priced between $70 and $78 per share. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.