Perplexity Stock Price, Valuation & IPO
Private company — Perplexity 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
$60.00 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 27 October 2026
Last round valuation: $20B
Source: E-6, September 2025, post-money
Total raised: ~$1.5B
Data last updated: 27 October 2026
About Perplexity
AI search platform that answers questions with direct source citations, competing with Google. Raised about $200M in September 2025 at a $20B valuation (up from $9B at the end of 2024). Annual recurring revenue is approaching $200M.
Perplexity is a search engine that answers a question with finished text and links to sources rather than returning a list of websites. Founded in August 2022 in San Francisco. As of July 2026 more than 100 million people a month use the platform, on roughly $500M of annualized revenue against $200-232M at the time of the last round. Over 2026 the product moved beyond search: the Comet browser, the Personal Computer agent on Mac and, from July 28, on Windows, a secure sandbox for agents, and an industry build for lawyers. Currently valued at its Series E (September 2025); roughly $1.5B raised in total.
- Sector: Artificial Intelligence
- Headquarters: San Francisco, USA
- Founded: 2022
Key highlights
- The timing of the listing has been stated publicly. On June 9, 2026 the CEO told CNBC the company plans an offering in 2028, independently of Anthropic and OpenAI.
- The valuation has not been updated in almost a year while revenue more than doubled. The round closed in September 2025 on annualized revenue of around $200-232M; by April 2026 it was $500M, and the multiple compressed from roughly 90 to 41 without any change in price.
- The secondary market offers a discount to the last round. In July 2026 shares trade at $65.8 against $69.54 in the Series E, roughly 5% lower.
- Over 2026 the product moved beyond search. The Comet browser, the Personal Computer agent on Mac and, from July 28, on Windows, a secure sandbox for agents, and an industry build for lawyers raise the subscription price and move the company out of comparison with free Google search.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 26 September 2025 | E-6 | $69.54 | $20B |
| 10 September 2025 | E-5 | $69.54 | $20B |
| 17 July 2025 | E-4 | $62.95 | $18B |
| 4 June 2025 | E-2 | $54.70 | $14B |
| 18 December 2024 | D | $32.89 | $9B |
| 8 August 2024 | C | $11.92 | $3B |
| 23 April 2024 | B-5 | $4.78 | $1B |
| 4 January 2024 | B-1 | $2.54 | $520M |
Latest news
- Perplexity Computer can now work completely offline on Mac — 20 October 2026
- Perplexity partnered with London startup Valarian to work with the UK public sector and defense — 20 October 2026
- Semafor: Perplexity open-sourced the SPACE sandbox for isolating AI agents — 15 October 2026
- Perplexity and American Express: Amex business cardholders received Perplexity Computer AI skills and $125 cashback — 1 October 2026
- Perplexity launched Portable Computer on Windows PCs with AMD Ryzen AI Max processors — the agent and model with 27 billion parameters run locally — 24 September 2026
Frequently asked questions
How can I buy Perplexity stock before the IPO?
Not on a public exchange — Perplexity 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 Perplexity stock price?
A private company has no single official share price. AXEVIL's consensus estimate is $60.00 per share as of 27 October 2026. Its most recent round implied a post-money valuation of $20B (September 2025).
What is Perplexity's valuation (net worth)?
Perplexity's most recent funding round valued the company at $20B post-money (September 2025) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
When will Perplexity 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 Perplexity publicly traded?
No. Perplexity is a private company and its shares are not listed on any public exchange.
Does Perplexity have a stock symbol?
No. Perplexity 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
- Project Prometheus — Artificial Intelligence
- OpenRouter — Artificial Intelligence
- Replit — Artificial Intelligence
- Mercor — Artificial Intelligence
- Polymarket — Prediction Markets / Web3
- Miro — Enterprise Software
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.