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Anthropic stock

Valuation, IPO odds & share price
Updated 22 Sep 2026
Current valuation
$1.32T
+37% vs last round
Nasdaq Private Market · as of 21 Sep 2026

As of 21 Sep 2026, Anthropic's private-market valuation is $1.32T (~$809/share) — the NPM Price (Nasdaq Private Market), 37% above its Series H-1 round. Anthropic is still private; the market implies ~80% odds of an IPO by year-end, likely Q4 2026.

Full valuation breakdown →

Anthropic valuation 2026: how much is Anthropic worth?

Anthropic is worth $1.32T as of September 2026 — its current valuation on the NPM Price (Nasdaq Private Market), 37% above its last round (Series H-1, $965B). That is Anthropic's latest private-market valuation; it has no public stock price.

NPM Price +37% vs roundcurrent $1.32T
Last round Series H-1 · May 2026 $965B

Per-share → stock price · over time → valuation history.

Sources NPM Price · 21 Sep 2026 · NPM ↗ Last round · Yahoo Finance · ANTH.PVT ↗

When will Anthropic IPO?

Anthropic has not IPO'd and is not publicly traded — it's private, with no ticker. The market's even-odds IPO date is late November 2026, with ~80% odds Anthropic has gone public by year-end (Q4 2026). Prediction markets put even-odds of a confirmed IPO in late November 2026.

Anthropic IPO status, 2026 — market-implied odds it has listed by each date, as of September 2026
Listed Confirmed
By end Nov 2026 61% 58%
By end Dec 2026 74% 77%
By end 2026 80% 77%
Listed = open for trading Confirmed = IPO announced — the gap is the announce→list lag
If it IPOs, the median first-day closing market cap is $2.2T (given an IPO).
≥ $1.2T95%
≥ $1.5T92%
≥ $1.8T86%
≥ $2.0T69%
≥ $2.2T44%
≥ $2.5T23%
≥ $2.8T8%
≥ $3.0T4%
Likely ticker
$ANTH 41%
Lead underwriter
Morgan Stanley 77%–78%
IPOs before OpenAI
95%

Prediction-market odds, not Anthropic guidance.

Sources IPO timing · Polymarket + Kalshi · 22 Sep 2026 · view ↗ Debut cap · Polymarket · view ↗ Ticker & underwriter · Polymarket + Kalshi

What is Anthropic's stock price?

Anthropic is private, so it has no public stock price. Its secondary share price is $589/share (pre-IPO, as of 21 Sep 2026), and $809/share at the $1.32T NPM valuation mark (as of 21 Sep 2026).

Anthropic shares
Worth today
$808,540
$809/share · $1.32T NPM mark
At a market-implied IPO
$1,337,810
median debut cap ~$2.2T · see IPO odds

Divides each valuation by ~1.64B estimated diluted shares (Anthropic is private; the exact count isn't disclosed). An IPO issues new shares, diluting existing holdings. An estimate, not advice or an appraisal.

Basis Secondary price · Yahoo Finance / Forge · 21 Sep 2026 · ANTH.PVT ↗

Anthropic valuation history: how has it changed?

Anthropic's valuation has gone from $196B (Sep 2025) to $1.32T (Sep 2026)6.8× +576% in 12 months. The sharpest step came at the Series H-1 round in May 2026.

$500B $1.00T $1.50T Series H-1 · $965B Sep '25Dec '25Mar '26Jun '26Sep '26
daily NPM valuation mark · 250 pts · Sep 2025 – Sep 2026
DateNPM valuation
Sep 2025$196B
Dec 2025$236B
Mar 2026$433B
Jun 2026$1.00T
Sep 2026$1.32T
Source NPM Price · daily, Sep 2025 – Sep 2026 · NPM ↗ Round marker · Yahoo / Forge

Who owns Anthropic?

Anthropic is privately owned by its founders and employees plus its investors — led by Amazon, which led its Series H-1 round — and by 18 regulated mutual funds that independently mark its shares at $589.01 in SEC filings. Its funding is entirely private capital: $133B across 10 funding rounds, and it is not publicly traded.

Total raised
$133B
across 10 rounds
Latest round
$41.3B
Series H-1 · May 2026 · led by Amazon
Institutional holders
18 funds
in SEC N-PORT filings

Round lead Amazon
Fund holders American Funds · Fidelity · BlackRock · T. Rowe Price · Innovation Access Fund

Why $589.01, below the ~$589 secondary price? Funds carry earlier-series preferred near its issue price, not the current common stock that trades on secondaries — a more conservative, independent mark.

Show the underlying fund filings (18 funds · 51 marks)
Fund (filer)Series heldPeriodPer share
Growth Fund of AmericaF-1 / G-12026-08-31$589.01
New Economy FundF-1 / G-12026-11-30$589.01
T. Rowe Price Science & Technology Fund, Inc.F-1 / G-1 / H-12026-12-31$589.01
Fidelity Puritan TrustF / G / H2026-08-31$589.01
Fidelity Advisor Series ID / E / F / G / H2026-11-30$589.01
Variable Insurance Products FundF / G / H2026-12-31$589.01
Blackrock Science & Technology Trust (bst)H2026-12-31$589.01
Blackrock Science & Technology Term Trust (bstz)H2026-12-31$589.01
Blackrock Technology & Private Equity Term Trust (btx)H2026-12-31$589.01
Innovation Access Fund2026-09-30$589.01
Fidelity Hastings Street TrustF / G / H2026-06-30$589.01
Fidelity Trend FundF / G / H2026-12-31$589.01
Variable Insurance Products Fund IIID / E / F / G / H2026-12-31$589.01
NYLIM VP Funds TrustF-1 / G-12026-12-31$589.01
Fidelity Destiny PortfoliosG / H2026-09-30$589.01
Fidelity Select PortfoliosG / H2027-02-28$589.01
Fidelity Mt Vernon Street TrustF / G / H2026-11-30$589.01
Variable Insurance Products Fund IVG / H2026-12-31$589.01
Earlier-series D preferred carried higher, ~$623
Sources Fund marks · SEC EDGAR N-PORT · filing ↗ Rounds & raised · Yahoo Finance / Forge · 21 Sep 2026 · ANTH.PVT ↗

Can you buy Anthropic stock?

No — you can't buy Anthropic stock on a normal brokerage: it's private, with no ticker. How to invest in Anthropic directly is limited to accredited investors, via restricted pre-IPO secondaries ($589/share). The one route open to anyone — no broker, no accreditation — is a prediction market on Anthropic's valuation.

Take a position without owning shares

Back the IPO itself — the market puts 80% on Anthropic being listed by year-end (IPO odds →).

A prediction-market bet is binary, not equity: a fixed $1 if it hits the strike by the date, $0 if not. Availability varies by region.

Disclosure We earn a referral fee if you open Polymarket through this link. Moonberg doesn't sell shares, hold funds, or take a position. Not investment advice.
Sources Exposure odds · Polymarket · 22 Sep 2026 · view Secondary price · Yahoo / Forge · share price

Latest on Anthropic

What recently moved the valuation and IPO odds, plus headlines — newest first.

What moved the valuation
  1. 22 Sep 2026
    Market-implied odds of an IPO by year-end at 80%. even-odds listed ~25 Nov 2026 Polymarket / Kalshi
  2. 21 Sep 2026
    Anthropic's valuation marked at $1.32T. +7% over ~30 days · NPM Price (Nasdaq Private Market) NPM
  3. 28 May 2026
    Series H-1 closes — $41.3B raised, led by Amazon. post-money $965B Yahoo Finance / Forge
In the news
  1. 22 Sep 2026
  2. 22 Sep 2026
  3. 22 Sep 2026
  4. 22 Sep 2026
  5. 22 Sep 2026
Sources Valuation & odds · NPM · Polymarket · Kalshi · Yahoo/Forge · method ↗ Headlines · GDELT & Google News · 21 Sep 2026

Common questions about Anthropic stock

Is Anthropic publicly traded?
No. As of Sep 2026, Anthropic is a private company — it has not completed an IPO and has no public shares or ticker. Prediction markets put the odds of an IPO by the end of 2026 at 80%, most likely in Q4.
Can you buy Anthropic stock, or is it on Robinhood?
Not on a public exchange or a retail app like Robinhood — Anthropic is private. The only route is the private secondary market (venues such as Forge, Hiive and EquityZen), which is limited to accredited investors and usually needs company approval.
What will Anthropic's stock ticker be?
There is no ticker yet because Anthropic is private. Among prediction-market bettors the favourite is $ANTH (41%), ahead of $ANT and $AAI.
How much is Anthropic worth?
$1.32T as of Sep 2026, based on the NPM Price (Nasdaq Private Market) — 37% above its last primary round ($965B, Series H-1 May 2026). See the valuation section for the sources behind it.
Who owns Anthropic?
Anthropic is held by its founders and employees alongside institutional investors. Amazon led the most recent round (Series H-1 May 2026). Regulated mutual funds also hold stakes, disclosed in their SEC N-PORT filings.
Does Anthropic pay a dividend?
No. Anthropic is a private, high-growth company that reinvests its capital. It pays no dividend, and there is no public yield.

Sources & method

Every figure is sourced below, each with its own timestamp. See the methodology for how each is computed.

SEC EDGAR — N-PORT regulated-fund per-share marks (Level 3). PUBLIC DOMAIN · 22 Sep 2026
NPM Price (Nasdaq Private Market) current valuation + daily history. REDISPLAYED · Pillar 6 · 21 Sep 2026
Polymarket valuation ladder, IPO timing, ticker, lead bank. REDISPLAYED · Pillar 6 · 22 Sep 2026
Kalshi — Financials IPO date ladder, lead-left underwriter. REDISPLAYED · Pillar 6 · 22 Sep 2026
Yahoo Finance / Forge secondary price, last round, share count. CITE & LINK · Pillar 6 · 21 Sep 2026
GDELT + Google News third-party headlines (linked, not re-hosted). CITE & LINK · 22 Sep 2026

An estimate, not an appraisal or investment advice. Anthropic is private; its shares are unregistered and secondary transfers may be restricted. Figures aggregate public filings and licensed third-party data, attributed above. Moonberg doesn't broker, sell, or hold any security.

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