Databricks reached a $190 billion post-money valuation in its August 2026 $5 billion strategic round led by Coatue, alongside a $7 billion annualized revenue run-rate growing over 80% year-over-year. Secondary market marks have since implied roughly $216 billion as of late October 2026, reflecting sustained demand for its Lakehouse platform and AI agent products like Lakebase and Genie. At approximately 27 times the revenue run-rate, pricing embeds expectations of continued high growth and enterprise adoption across more than 60% of the Fortune 500. With only two months remaining until December 31, near-term sentiment hinges on any incremental funding, acquisition activity, or IPO-related signals that could lift the private valuation further before year-end resolution.