OpenAI Stock Price, Valuation & IPO
Private company — OpenAI is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.
Status source: AXEVIL investment team
$857.31 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 27 October 2026
Last round valuation: $852B
Source: C, March 2026, post-money
Total raised: ~$178B
Data last updated: 27 October 2026
About OpenAI
Creator of ChatGPT, GPT-5.5, Sora, and foundation models. One of the two AI market leaders (alongside Anthropic). Preparing for an IPO. PBC restructuring complete.
OpenAI is the creator of ChatGPT and the GPT family of models, the world's largest AI provider by audience and one of the two leaders in the frontier-model market. The legal entity is OpenAI Group PBC, founded in December 2015 in San Francisco. Weekly audience exceeds a billion people, and enterprise sales have passed 40% of revenue. Gross margin holds at 33%, because subscriptions run up against the cost of compute; inference spending is forecast at $14.1B for 2026. On June 8, 2026 the company filed confidentially for an offering. Current valuation is $852B from a $122B round (March 2026); roughly $178B raised in total.
- Sector: Artificial Intelligence
- Headquarters: San Francisco, CA
- Founded: 2015
Key highlights
- The IPO filing has already been made. On June 8, 2026 the company filed confidentially for an offering, and on July 8 Bank of America extended it the first bank loan in the company's history, for $520M.
- Advertising opens a second economy for the product. Subscriptions run up against the cost of compute and hold gross margin at 33%, while an ad impression has no such constraint against an audience of a billion people a week already assembled.
- The enterprise segment is catching up with consumer. Enterprise sales have passed 40% of revenue and, by Sacra's estimate, will match consumer by the end of 2026; the Samsung contract and the launch of ChatGPT Work move the company into the enterprise software category.
- An in-house chip removes the main constraint. In June 2026 OpenAI and Broadcom unveiled the first in-house chip, Jalapeño, while inference spending is forecast at $14.1B for 2026.
- Talent is concentrating here. In June 2026 Noam Shazeer joined OpenAI — co-lead of Google Gemini and one of the authors of the transformer architecture underlying modern language models.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 31 March 2026 | C | $687.69 | $852B |
| 11 December 2025 | B | $47.14 | $500B |
| 31 March 2025 | A3 | $306.86 | $300B |
| 2 October 2024 | A2 | $187.86 | $157B |
| 10 April 2024 | A1b | $150.00 | $87B |
| 17 April 2023 | A1a | $67.00 | $28B |
| 22 July 2019 | A1 | $5.23 | $1.9B |
Frequently asked questions
How can I buy OpenAI stock before the IPO?
Not on a public exchange — OpenAI is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.
What is the OpenAI stock price?
A private company has no single official share price. AXEVIL's consensus estimate is $857.31 per share as of 27 October 2026. Its most recent round implied a post-money valuation of $852B (March 2026).
What is OpenAI's valuation (net worth)?
OpenAI's most recent funding round valued the company at $852B post-money (March 2026) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
When will OpenAI IPO?
No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.
Is OpenAI publicly traded?
No. OpenAI is a private company and its shares are not listed on any public exchange.
Does OpenAI have a stock symbol?
No. OpenAI has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.
Similar companies
- OpenRouter — Artificial Intelligence
- Moonshot AI — Artificial Intelligence
- Perplexity — Artificial Intelligence
- Databricks — Enterprise Software
- Anthropic — Artificial Intelligence
- Stripe — Fintech
Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.