Anthropic files for Nasdaq IPO targeting roughly $1.3‑$1.4 trillion valuation

Anthropic announced it will list on Nasdaq under the ticker ANT, offering about 825 million Class A shares at an indicative price of $70‑$78 per share. The filing shows the company aims to raise roughly $64 billion in the public offering and has arranged a $26 billion private placement with major tech investors. Trading is expected to begin on November 19, 2026, and the company reported nine‑month 2026 revenue of $33.2 billion while posting a net loss of $104 billion for the same period.

The IPO will inject a massive amount of capital into the market and create a high‑profile AI‑focused public equity, setting a valuation benchmark for the sector. The company expects to receive approximately $62.5 billion in gross proceeds from the offering, which could affect supply‑demand dynamics for AI stocks.

  • 1Anthropic will offer 825 million Class A shares at $70‑$78 per share.
  • 2The filing indicates a fully diluted valuation of up to $1.4 trillion.
  • 3A separate source reports the target valuation range as $1.2‑$1.3 trillion.
  • 4The company aims to raise about $64.35 billion in the IPO.
  • 5A $26 billion private placement with tech investors is conditional on IPO completion.
  • 6Anthropic reported $33.2 billion revenue for the first nine months of 2026.
  • Valuation target differs: up to $1.4 trillion versus $1.2‑$1.3 trillion.

Sources