-9%

est. 2Y upside i

AI & MLSeries D+

Unified data analytics and AI platform built on Apache Spark

Rank

#3750

Sector

Enterprise Software / Data & AI

Est. Liquidity

~1Y

Data Quality

Data: High

Databricks is a strong business at a fair-to-full price.

Last updated: March 19, 2026

Bull (20%)+50%

Databricks IPOs at $180-200B on 18-20x forward revenue, AI products drive $9B+ ARR.

Base (55%)+8%

IPO prices at $140-150B as growth decelerates to 40-45%, 15-16x revenue multiples.

Bear (25%)-30%

Growth slows to 30%, cloud providers bundle competing analytics, $90-95B listing.

Est. time to liquidity~1.0 years

Preference Stack Risk

moderate

Funding Intensity

14%

~$19-20B raised, ~15% of $134B valuation.

Dilution Risk

low

FCF positive, IPO imminent, no more primary raises expected.

Secondary Liquidity

active

Shares trade on Forge, Hiive at $196-200/share.

Questions to Ask at the Interview

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

  • 1

    “How is Databricks defending against cloud bundling?”

  • 2

    “What percentage of new ARR is from AI/ML vs core?”

  • 3

    “What is the IPO timeline and employee liquidity plan?”

Cluster Peers

Expected Upside

Anyscale
+35%
Anyscale
-29%
Snorkel AI
-67%
Scale AI
-70%
Hugging Face
-73%

Community

Valuation Sentiment

Our model estimates -9% upside. What do you think?

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