**Anduril’s valuation trajectory reflects rapid defense-tech momentum amid mixed signals on its precise mark.** Secondary platforms such as Forge and Private Market View currently imply $114–117 billion as of early October 2026, well above the company’s official May 2026 Series H post-money valuation of $61 billion after raising $5 billion. Nasdaq Private Market marks hover near $100 billion, down modestly from summer peaks. Revenue reached $2.2 billion in 2025 with continued contract wins, including potential multibillion-dollar Air Force Collaborative Combat Aircraft production and autonomy work plus a large Army Lattice vehicle. No new primary round has closed since May despite July reports of $100 billion discussions, leaving near-term movement dependent on secondary trading updates or any surprise financing before October 31. Trader consensus on Polymarket aggregates real-capital views of these funding and contract dynamics.