TL;DR: Anthropic has not announced an official IPO date as of November 8, 2026. It publicly filed its Form S-1 on October 26, plans to list Class A shares on the Nasdaq Global Select Market under the ticker “ANT,” and filed an amended S-1 with third-quarter numbers on November 2. Under SEC timing rules, Yahoo Finance calculates the earliest possible first trading day is Monday, November 16, with pricing no earlier than Friday, November 13. The Financial Times reports Anthropic still wants to list before Thanksgiving (November 26) and raise $80 billion to $100 billion at a $1.25 trillion to $1.75 trillion valuation. No share count or price range has been filed yet. If you want IPO shares, the S-1 names Schwab, Fidelity, Robinhood, SoFi, E*TRADE and Trade-PMR as retail platforms.
Last updated: November 8, 2026. By Veer. Facts checked against Anthropic’s S-1 announcement (October 26, 2026), the amended S-1 (S-1/A) on SEC EDGAR (filed November 2, 2026), Anthropic’s EDGAR filing list (rechecked November 8, 2026: no newer amendment with a price range), and reporting from Yahoo Finance, CNBC, the Financial Times and Bloomberg (November 6–7, 2026). Valuation figures are from investors quoted in the press, not from Anthropic. This is a researched news explainer, not investment advice.
When is the Anthropic IPO date?
There is no confirmed date yet. The earliest Anthropic stock could start trading is Monday, November 16, 2026, and reports point to a listing before Thanksgiving on November 26.
Anthropic’s own S-1 announcement says “the number of shares of Class A common stock to be offered and the price range for the proposed offering have not yet been determined.” The company has not published a target day.
What sets the earliest date is SEC procedure. Companies that let the SEC review a draft filing in private must wait at least 15 calendar days after making it public before starting a formal roadshow. Anthropic went public with its filing on October 26, so Yahoo Finance works out that the roadshow could start November 10. The SEC is closed for Veterans Day on November 11 and needs two business days’ notice before declaring a filing effective. That makes Friday, November 13 the earliest pricing date and Monday, November 16 the earliest first trade.
If Anthropic follows SpaceX’s June 2026 pace (23 days from public filing to first trade), Yahoo Finance notes it would debut on Wednesday, November 18. That is a comparison, not a schedule.
Anthropic IPO timeline: key dates
Anthropic has completed every filing step except the one that matters for buyers: a price range and share count.
| Date (2026) | What happened or could happen | Source |
|---|---|---|
| June 1 | Anthropic confidentially submits a draft S-1 to the SEC | Anthropic newsroom, SEC EDGAR (DRS) |
| October 26 | Public S-1 filed; Nasdaq Global Select Market, ticker ANT | Anthropic |
| November 2 | Amended S-1 (S-1/A) adds results through September 30 | SEC EDGAR |
| November 10 (earliest) | Formal roadshow can begin | Yahoo Finance calculation |
| November 11 | Veterans Day; SEC closed | Yahoo Finance |
| November 13 (earliest) | Price could be set; JPMorgan retail “information session” expected | Yahoo Finance; FT via Seeking Alpha/TradingView |
| November 16 (earliest) | First possible trading day for ANT | Yahoo Finance calculation |
| November 26 | Thanksgiving; FT says Anthropic aims to list before this | FT |
Before shares trade, three things still have to happen: an amended filing with the price range and number of shares, the roadshow, and the SEC declaring the registration effective. Watch for a new S-1/A on Anthropic’s EDGAR page; that filing is usually the clearest signal that trading is about a week or two away.
What is Anthropic’s IPO valuation and price per share?
There is no price per share yet. Press reports put the target valuation between about $1 trillion and $1.75 trillion, down from earlier talk of $2 trillion.
Anthropic has not disclosed a valuation for the IPO. What exists is investor chatter, reported by several outlets on November 6–7 after a sharp tech selloff:
| Report (November 2026) | Valuation discussed | Amount raised | Notes |
|---|---|---|---|
| Last private round | $965 billion | n/a | Reported by FT, Quartz and others |
| Financial Times (Nov 6) | $1.25T–$1.75T | $80B–$100B | One large investor: “call it $1.5tn”; others expect ~$1.3T |
| Bloomberg via Quartz (Nov 6) | $1.2T–$1.3T discussed by prospective buyers | not stated | Down from $1.4T–$1.5T; up to $2T talked about in early October |
| CNBC (Nov 7) | $1T–$1.5T | not stated | Down from a $2T target floated in recent months |
The backdrop matters. According to Quartz, the Nasdaq 100 fell 6.4% on Thursday, November 5, wiping $2.3 trillion of market value in one session. Bloomberg reported that OpenAI’s latest private round valued it at $1.25 trillion, below the $1.4 trillion it had initially sought.
The per-share price will depend on how many shares Anthropic sells, which it has not said. Any “Anthropic IPO price” you see quoted today is a guess, not a filed number.
What the S-1 shows about Anthropic’s finances
Revenue for the first nine months of 2026 was $33.24 billion, up 1,206% from a year earlier, with a reported net loss of $104 billion. These figures are from the amended S-1, filed November 2.
| Metric (from the S-1/A) | Figure |
|---|---|
| Revenue, full year 2023 | $41 million |
| Revenue, full year 2024 | $386 million |
| Revenue, full year 2025 | $4.585 billion |
| Revenue, nine months to Sept 30, 2026 | $33.242 billion (vs $2.545 billion a year earlier) |
| Revenue, Q3 2026 (three months to Sept 30) | $16.956 billion |
| Net loss, nine months to Sept 30, 2026 | $104.039 billion |
| Committed spend (purchase commitments and leases) | about $895.4 billion, “substantially all” compute and infrastructure |
CNBC notes that most of the $104 billion loss came from changes in the fair value of convertible notes and derivative liabilities, not day-to-day operations. Yahoo Finance reports the nine-month operating loss improved to about $1.3 billion, from $5.2 billion a year earlier.
The FT, citing people familiar with the company’s thinking, says Anthropic holds about $150 billion in cash and liquid investments, and its annualized revenue run rate is now about $81 billion (that run-rate number is not in the prospectus).
How can you buy Anthropic stock at the IPO?
US retail investors can request IPO shares through six named brokerage platforms; everyone else can buy ANT on Nasdaq once it starts trading.
The S-1/A says that, at Anthropic’s request, a portion of the Class A shares will be offered to retail investors through:
- Charles Schwab & Co.
- Fidelity (Fidelity Brokerage Services and Fidelity Capital Markets)
- Robinhood Financial
- SoFi Securities
- E*TRADE from Morgan Stanley
- Trade-PMR
These platforms act as selling group members alongside the underwriters, led by Goldman Sachs and Morgan Stanley with J.P. Morgan, Citigroup, Barclays and others on the cover. Each broker sets its own eligibility rules for IPO requests, and demand for a deal this size will likely exceed what any platform can fill, so a request is not a guaranteed allocation.
Practical steps:
- Open or check your account at one of the named platforms now; IPO access often requires a funded account and an eligibility questionnaire.
- Watch for the price range filing, then for your broker’s IPO page to show ANT.
- Decide on a limit price if you plan to buy on day one rather than through the allocation. First-day prices can swing far from the IPO price.
- Read the risk factors in the prospectus. The S-1 runs to hundreds of pages and covers customer concentration, regulation and Anthropic’s dual-purpose governance.
UK and other non-US readers: the S-1 names only US platforms for the retail allocation. Once ANT trades on Nasdaq, it should be available through brokers that offer US-listed shares, in USD. Check your platform’s US-share fees and FX charges before day one.
Pre-IPO shares: you may see “ANTH.PVT” quotes or secondary-market offers. Those private-market trades are generally limited to accredited investors under SEC rules, and prices there are not the IPO price.
What makes Anthropic’s share structure unusual?
Public buyers get Class A shares with one vote each, but the founders’ Class F share carries 50.1% of the general vote and an independent trust elects a board majority.
According to the S-1/A:
- Class A (the shares sold in the IPO): one vote per share.
- Class F: a single share held by a company owned by Dario Amodei, Daniela Amodei and the other five co-founders, carrying 50.1% of total voting power on general matters, with no economic rights.
- Class T: held by Anthropic’s Long-Term Benefit Trust, which can elect and remove the Class T directors, who will make up a majority of the board.
- Class E: issued to employees (excluding co-founders) with limited voting and no economic rights.
Anthropic is a public benefit corporation, which means directors must balance shareholder returns against its stated purpose: “the responsible development and maintenance of advanced AI for the long-term benefit of humanity.” In plain terms, IPO buyers get an economic stake but very little control.
Insiders are also restricted from selling right away. The S-1/A describes lock-up and market standoff agreements with Goldman Sachs and Morgan Stanley, generally running up to 180 days with earlier release tied to earnings dates.
Will Anthropic’s IPO affect Claude users?
Nothing in the filings changes Claude plans or prices today. The IPO raises money and creates public shares; it does not by itself alter subscriptions. Anthropic did rename its Max tiers to Max and Ultra in late October, which we cover in Claude Max 5x vs 20x and Claude Code usage limits reset. If you are comparing Claude against rivals while the company is in the headlines, see Sonnet 5.5 vs Opus 5.5 and our best AI subscription for personal use guide.
FAQ
What is the Anthropic IPO date?
There is no official date yet. Anthropic publicly filed its S-1 on October 26, 2026, and based on SEC timing the earliest possible first trading day is Monday, November 16, 2026. The Financial Times reports the company aims to list before Thanksgiving on November 26.
What is Anthropic’s stock ticker symbol?
ANT. Anthropic says it intends to list its Class A common stock on the Nasdaq Global Select Market under the symbol “ANT.”
What is the Anthropic IPO price per share?
Not set. As of November 8, 2026, Anthropic has not filed a price range or the number of shares it will sell. The final price is usually set the night before trading begins.
What valuation is Anthropic targeting?
Anthropic has not said. The Financial Times reported a $1.25 trillion to $1.75 trillion range with a raise of $80 billion to $100 billion, while Bloomberg and CNBC reported investor talk as low as $1 trillion to $1.3 trillion. Its last private valuation was $965 billion.
How can I buy Anthropic stock before it starts trading?
US retail investors can request IPO shares through Charles Schwab, Fidelity, Robinhood, SoFi, E*TRADE from Morgan Stanley and Trade-PMR, which the S-1 names as retail platforms. Allocations are not guaranteed. Pre-IPO private shares are generally limited to accredited investors.
Can UK investors buy Anthropic shares?
The IPO’s retail allocation is offered through US platforms named in the S-1. UK investors should be able to buy ANT once it trades on Nasdaq through a broker that offers US-listed shares, paying in USD and any FX fees the platform charges.
Is Anthropic profitable?
No. The amended S-1 shows $33.24 billion in revenue and a $104 billion net loss for the nine months to September 30, 2026, with most of that loss tied to fair-value changes on convertible notes and derivatives rather than operations.
Sources
- Anthropic: Anthropic files S-1 with the SEC for proposed initial public offering (October 26, 2026)
- SEC EDGAR: Anthropic, PBC amended Form S-1 (S-1/A) (filed November 2, 2026; revenue, net loss, commitments, retail platforms, share classes, lock-ups); Anthropic EDGAR filing list (rechecked November 8, 2026)
- Yahoo Finance: Everything you need to know ahead of Anthropic’s IPO (November 6, 2026; earliest dates, SpaceX comparison, operating loss)
- CNBC: Anthropic reports $17 billion in Q3 revenue (November 2, 2026); CNBC: Anthropic IPO meets AI backlash (November 7, 2026)
- Financial Times report summarized by Seeking Alpha/TradingView (November 6, 2026; valuation, raise size, $150B cash, JPMorgan session)
- Bloomberg report summarized by Quartz (November 6, 2026)
- Investor.gov: Accredited investors
TrustLoud does not give investment advice. IPO dates, valuations and allocations can change quickly; this page will be updated when Anthropic files its price range or sets a trading date.
