Anthropic reportedly targets November Nasdaq IPO under proposed ticker ANT
IT之家, citing The Wall Street Journal, reports that Anthropic is moving forward with an IPO and targeting a Nasdaq debut on November 19 or 20, 2026, under the proposed ticker ANT. The company is expected to disclose the valuation range, proposed share count and offering price early this week. After AI-related stocks fell sharply, some major institutional investors began pressing for a lower valuation. Investors cited estimates of $1.5 trillion, $1.1 trillion to $1.3 trillion and close to $1 trillion; the final valuation, offering price and fundraising amount remain undetermined.
The IPO is described as a key test of how public markets value AI companies. Anthropic's Claude models, revenue growth and computing expenditures are cited as reasons investors view it as a major beneficiary of the AI infrastructure boom, while concerns about capital spending, profitability and compute-supply constraints are putting pressure on a high valuation.
Launching a major tech IPO would seem risky right now, shortly after one of Nasdaq’s biggest sell-offs and amid revelations that a CEO central to the AI boom had an affair with a suspected Chinese spy. But that isn’t deterring Anthropic, which is moving ahead with its listing plans, according to The Wall Street Journal.
Anthropic plans to set a valuation range this week and begin trading on Thursday or Friday of next week, the Journal reported.
Investors will look to Anthropic’s valuation to gauge the strength of the AI boom. Some institutional investors are now pushing for a valuation below the $1.5 trillion target discussed as recently as last week, a figure that was itself considerably below the $2 trillion floated a few months ago, the report said.
OpenAI, Anthropic’s main rival, was reportedly valued at $1.25 trillion last week after the ChatGPT maker raised $11 billion in fresh capital, short of the $20 billion it had initially sought.