Trending Now - Coatue Forecasts Anthropic's Valuation to Hit $1.995 Trillion by 2030

WHO:

Techmeme - Coatue is the investment firm making projections about Anthropic.

Newcomer | Substack - Anthropic is the company being evaluated by Coatue.

WHAT:

Techmeme - Coatue estimated that Anthropic would lose $14 billion in EBITDA on $18 billion in revenue in 2026.

Newcomer | Substack - Coatue projected that Anthropic would reach a valuation of $1.995 trillion by 2030.

Newcomer | Substack - Coatue projected that by 2031, Anthropic would generate $48 billion in EBITDA profits on $200 billion in revenue.

Newcomer | Substack - Coatue indicated that Anthropic could be worth $2.413 trillion in 2031.

Newcomer | Substack - Anthropic's annualized run-rate revenue (ARR) was projected to be $30 billion by the end of 2026.

Newcomer | Substack - Anthropic was reported to be at $19 billion in ARR recently.

WHERE:

Newcomer | Substack - The projections were made in a presentation to prospective investors.

WHEN:

Techmeme - The presentation by Coatue occurred in January 2026.

Newcomer | Substack - The projections for Anthropic's valuation and financials extend to 2030 and 2031.

WHY:

Newcomer | Substack - Coatue provided these projections to justify Anthropic’s high valuations to potential investors.

HOW:

Newcomer | Substack - The information was derived from a leaked presentation that included financial estimates and projections.

(UPDATED March 31, 2026 03:55 UTC)

Coatue has made significant projections about Anthropic, estimating that the company will lose $14 billion in EBITDA on $18 billion in revenue for 2026, while also predicting a valuation of nearly $2 trillion by 2030. According to the leaked presentation, Anthropic's annualized run-rate revenue is expected to reach $30 billion by the end of 2026, with projections showing that by 2031, it could generate $48 billion in EBITDA profits on $200 billion in revenue. These financial estimates were shared to justify Anthropic's high valuations to prospective investors during a presentation that took place in January 20th26.