-37%

est. 2Y upside i

Connected planning platform for finance supply chain and sales performance

Rank

#3355

Sector

Enterprise Software

Est. Liquidity

~2Y

Data Quality

Data: Medium

Anaplan presents a moderate upside opportunity for a job seeker.

Last updated: March 10, 2026

Bull (25%)+100%

Anaplan's aggressive AI strategy, including new role-based AI agents and forecasting solutions, drives significant market share gains from legacy competitors. This innovation, coupled with continued strong ARR growth (exceeding $1.7B by 2026), enables a highly successful IPO at a premium valuation, potentially reaching $20.8B or more, doubling the current valuation.

Base (35%)+25%

Anaplan maintains its strong position in the enterprise planning market, growing ARR to over $1.5B by 2026, driven by consistent customer adoption and expansion of its connected planning platform. The company successfully completes an IPO, with its valuation increasing modestly to approximately $13B, reflecting solid execution and market stability.

Bear (40%)-40%

Intensified competition from well-resourced incumbents like Workday and SAP, combined with slower-than-expected adoption of new AI features, limits Anaplan's growth and pricing power. The IPO is delayed or occurs at a lower-than-anticipated multiple, leading to a valuation decline to around $6.24B, resulting in a significant reduction in common stock value.

Est. time to liquidity~1.5 years
Adjusted for competitive dynamics: 13% (raw: -37%, adjustment: -5%)

Preference Stack Risk

low

Funding Intensity

3%

Investors hold $300M in liquidation preferences, which is a small fraction of the $10.4B valuation, suggesting a low preference stack risk for common shareholders.

Dilution Risk

moderate

As a private equity-owned company preparing for an IPO, there is moderate dilution risk from future equity grants and the IPO process itself.

Secondary Liquidity

none

As a private company owned by Thoma Bravo, there is no active secondary market for employee equity.

View all 228 open roles at Anaplan →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Anaplan's data — designed to show you've done your homework.

  • 1

    “Given the high incumbent threat from companies like Workday and SAP, how does Anaplan plan to leverage its AI-driven scenario planning to differentiate and capture further market share in the next 2-3 years?”

  • 2

    “With ARR growing from $600M to over $1B in 2.5 years and a projected $1.771B revenue for FY2026, what are the key strategies for sustaining this growth trajectory and expanding into new market segments?”

  • 3

    “As Anaplan prepares for a potential IPO, how is the company thinking about employee equity, including future dilution, and what is the anticipated timeline for a liquidity event for common stock holders?”

Cluster Peers

Expected Upside

Pigment
-41%
Pilot
-83%

Community

Valuation Sentiment

Our model estimates -37% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

Comments are reviewed before they appear publicly.

0/2000

Loading comments...

Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.