Anthropic’s S-1 filing and active roadshow are driving strong trader consensus that an IPO will occur imminently, with shares expected to begin trading on Nasdaq under ticker ANT around November 19. The company targets a $1.4 trillion fully diluted valuation, seeking to raise up to $64.4 billion at $70–$78 per share alongside a $26 billion private placement from investors including Google, Nvidia, and Microsoft. Run-rate revenue has reached $81 billion as of late October, following 1,368% year-over-year growth in the second quarter, though the firm posted an $80.7 billion net loss in the first half amid $800 billion-plus in long-term compute commitments. Six-times oversubscribed demand signals robust institutional appetite, tempered by questions over sustained AI leadership versus rivals and elevated interest-rate sensitivity in the sector.