Revolut’s most recent valuation anchor remains the $115 billion secondary share sale completed in July 2026 at $2,017 per share, a 53 percent step-up from the $75 billion tender the prior November. The company posted £1.7 billion in 2025 pre-tax profit on roughly £4.5 billion revenue, with customer growth exceeding 75 million and a full U.K. banking license in place. Management has signaled IPO ambitions targeting up to $200 billion, potentially via dual London-Nasdaq listing, though timelines point to 2028 or later. No priced equity transactions or material corporate events are scheduled before October 31, leaving trader-implied odds for a near-term revaluation dependent on any surprise secondary liquidity or regulatory milestones that could compress the path to higher marks.