Anthropic’s recent S-1 filing on October 26 positions the company for a Nasdaq listing under ticker ANT in mid-November 2026, with marketing potentially beginning the week of November 9. Third-quarter revenue reached nearly $17 billion, reflecting a twelvefold year-over-year increase and supporting a targeted valuation above $2 trillion, though the firm disclosed substantial losses and commitments exceeding $895 billion in future compute and infrastructure spending. These metrics, alongside strong AI sector demand and comparable large-cap debuts, underpin elevated trader-implied odds for a near-term IPO. Key near-term catalysts include final roadshow execution and market volatility around the Thanksgiving holiday window.