Recent investor feedback at Anthropic’s October 14 pre-IPO event has introduced valuation uncertainty ahead of the planned November listing, with some participants discussing a $1.5 trillion price tag after reviewing Q3 results. The company reported $16.8 billion in revenue, a 45% sequential increase from $11.6 billion in Q2, alongside adjusted profitability, yet growth slowed from prior quarters while infrastructure commitments remain elevated. This follows the May $965 billion private valuation and earlier $2 trillion-plus IPO targets, aligning with Polymarket’s clustered odds around the $1.75–2.25 trillion range. The roadshow is slated to begin the week of November 9, with trading potentially starting before Thanksgiving, providing the next key catalyst for market-implied odds.