# Anthropic targets $2T IPO with ambitious revenue growth by 2028 > Source: > Published: 2026-08-17 16:16:53+00:00 Anthropic, the maker of the AI model Claude, is reportedly planning a $2 trillion initial public offering (IPO), contingent on significant projected revenue growth. According to Yahoo Finance, internal projections suggest revenues of between $190 billion and $200 billion by 2028, a substantial increase from the company’s current revenue run rate of nearly $7 billion in August 2026. This ambitious target comes as Anthropic aims to surpass its last confirmed private valuation of $965 billion secured during its Series H funding round in May 2026. Market participants are closely monitoring this development, as the company’s confidential filing for a U.S. IPO in June 2026 has placed it among the most anticipated offerings alongside OpenAI. ## Key Takeaways - Market activity suggests skepticism about Anthropic achieving a market cap above $1.25 trillion at IPO close, with key market indicators pricing scenarios below this threshold. - Anthropic’s ambitious revenue projections appear critical to justifying the $2 trillion IPO valuation, reflecting a major leap from its current financial performance. - The company’s IPO plans are being scrutinized alongside other AI firms like OpenAI, highlighting the high expectations and potential volatility in AI-related market offerings. ## What to Watch Market participants will be attentive to any new revenue or financial disclosures from Anthropic, as these could substantially influence pricing expectations for the IPO. Regulatory filings and guidance from underwriters will also play a critical role in shaping market sentiment. Any delays or changes in the projected IPO timeline could affect perceptions of Anthropic’s valuation prospects, potentially impacting the likelihood of achieving its $2 trillion goal. A successful IPO would require strong demand and confidence in Anthropic’s long-term revenue trajectory, which remains a focal point for investors and analysts alike. *Get live prediction-market analysis, powered by Vera. Sign up for Vera.*