Anthropic stock & IPO, answered

No. Anthropic is a private company. It filed a confidential draft S-1 with the SEC on June 1, 2026, an early step toward a possible IPO, but no shares trade publicly and no ticker has been assigned.

Not directly. Today the only exposure is indirect: public proxy stocks like Amazon (AMZN) and Alphabet (GOOGL), or, for accredited investors, pre-IPO shares on secondary marketplaces. See our How to Buy guide.

Anthropic was valued at $965B post-money after its $65B Series H round closed on May 28, 2026, making it the most valuable private AI company in the world.

Anthropic has no public market cap because it is private. A market capitalization only exists once shares trade on an exchange. The nearest equivalent is its most recent post-money valuation of $965B post-money from the $65B Series H. That is a single negotiated round price rather than a live market value, so treat it as the closest available proxy, not a true market cap. A real market cap will only exist after an IPO.

Anthropic's annualized revenue run-rate crossed roughly $47B in May 2026, up from about $9B at the end of 2025, growth driven largely by Claude Code and enterprise adoption.

No date has been set. A confidential S-1 was filed June 1, 2026. An IPO could follow SEC review if market conditions allow. The public S-1 will be the next major milestone.

Unknown. A ticker symbol is only assigned closer to pricing. We'll update the site the moment one is confirmed.

Strategic backers include Amazon and Alphabet (Google). The $65B Series H was co-led by Altimeter, Dragoneer, Greenoaks, Sequoia, Capital Group, Coatue, D1, GIC, ICONIQ, and XN, among many others.

As of mid-2026, Anthropic's ~$965B valuation exceeds OpenAI's last reported ~$852B, and Anthropic trades on a lower revenue multiple (~20x run-rate vs ~35x).

Anthropic has not publicly disclosed sustained GAAP profitability. Frontier-model training and compute remain very expensive. The public S-1 should clarify margins and losses.