StocksMedium•11 November 2026•
1 min read
Anthropic Plans to Raise $64 Billion in Upcoming Nasdaq IPO
Key Facts
1Anthropic plans to raise up to $64 billion in its Nasdaq listing on November 19, targeting a valuation of up to $1.3 trillion.
2Revenue rose to $16.2 billion for the six months to June, while pre-tax losses grew to $80.7 billion.
Anthropic plans to raise up to $64 billion in its Nasdaq listing on November 19, 2026, targeting a total valuation between $1.1 trillion and $1.3 trillion. The European Business Review reported that the company intends to sell shares at a price range of $70 to $78 each, marking it as the first fully AI-focused company to go public.
Financial data shows revenue rose to $16.2 billion for the six months to June, though pre-tax losses expanded to $80.7 billion. According to City Index analyst Fiona Cincotta, the $64 billion target is bullish and indicates expectations for continued demand, even though the current valuation target is lower than the $2 trillion expected by some backers during the summer.