Clear Street slashes US IPO valuation target to 7.2 billion dollars
The New York-based broker reduced its target valuation and share count following investor pushback. Shares are expected to price today on the Nasdaq exchange.
Insights:
Clear Street has reduced the valuation it is seeking for its initial public offering in the US 
US to $7.2 billion, down from an initial target of $11.8 billion. The company cut both the size and the price range of the offering, a move that directly alters the expected valuation and terms of its imminent market debut. This update was confirmed on 2026-02-12T13:04:01.000Z.
US to $7.2 billion, down from an initial target of $11.8 billion. The company cut both the size and the price range of the offering, a move that directly alters the expected valuation and terms of its imminent market debut. This update was confirmed on 2026-02-12T13:04:01.000Z.The offering is scheduled to price later today, with the stock planned to list on the Nasdaq under the symbol CLRS. The decision to lower the target valuation was announced as the company prepares for its final pricing and entry into the public markets.
