Anthropic Stock: No Public Ticker Yet — But a $380 Billion Company Is Racing Toward an IPO
Anthropic — the AI safety company behind Claude, the assistant you are using right now — does not have a publicly traded stock. There is no ticker symbol, no stock price on any exchange, and no shares available to retail investors today. But that is very likely about to change. Here is a complete, factual breakdown of where Anthropic stock stands as of February 28, 2026.
Anthropic Is Still Private — No Stock Ticker Exists Yet
Anthropic has not filed an IPO registration with the SEC and is not listed on any exchange. Its shares cannot be purchased by retail investors on public markets, and the company has made no formal announcement indicating that a listing is imminent. If you have seen a ticker symbol or a "buy Anthropic stock" button on a mainstream brokerage, it does not exist — any such offering is either a pre-IPO secondary marketplace or an ETF with indirect exposure.
Anthropic Just Raised $30 Billion at a $380 Billion Valuation
The most important recent development is the completion of a massive Series G funding round. In February 2026, Anthropic raised $30 billion at a $380 billion valuation, more than doubling its valuation in just five months. Initially seeking just $10 billion, the round was 6x oversubscribed, prompting Anthropic to triple the size of the raise. Nvidia invested $10 billion and Microsoft invested $5 billion, joining existing investors Google and Amazon on the cap table.
Anthropic CFO Krishna Rao stated the fresh capital will go toward building enterprise-grade products. Eight out of the Fortune 10 companies now count themselves as loyal Anthropic customers. The revenue trajectory supporting this valuation is staggering — Anthropic's annualized revenue reached $14 billion by the time the Series G closed, up from just $1 billion at the start of 2025.
Anthropic IPO: Could Come in 2026 — But No Date Is Set
In December 2025, reports suggested Anthropic was exploring a potential IPO in the first half of 2026, although the company later clarified that discussions were informal and that no final decisions had been made. Anthropic has engaged law firm Wilson Sonsini to support IPO preparations and has had preliminary talks with investment banks — notable early steps that companies typically take 6 to 18 months before going public.
Betting platform Kalshi placed Anthropic at a 72% chance of IPO-ing before OpenAI. However, some insiders told the Financial Times that a 2027 timeline is more realistic given the complexity of preparing a company of this size for public markets. No S-1 has been filed with the SEC as of today.
Anthropic's Valuation Trajectory Is Extraordinary
The speed of Anthropic's valuation growth is unlike almost anything in modern startup history. The valuation path has been steep, rising from $61.5 billion in March 2025, to $183 billion in September 2025, to a reported $350–380 billion target by February 2026. That is a roughly 6x increase in under 12 months — driven entirely by enterprise adoption of Claude across industries including finance, healthcare, legal, and government.
The company's strong performance is backed by a rapidly expanding enterprise customer base, with the number of large accounts spending over $100,000 annually growing nearly 7x in the past year. Anthropic is not yet profitable — the cost of training frontier AI models remains enormous — but its revenue growth curve is the primary argument bulls make for its valuation.
Who Owns Anthropic Right Now?
Prominent investors include Amazon, Google, Microsoft, Nvidia, Salesforce Ventures, Cisco Ventures, Lightspeed Ventures, Bessemer, General Catalyst, ICONIQ, Spark Capital, BlackRock, Blackstone, Fidelity, ARK Ventures, and Zoom Ventures, among others. Amazon and Google have each invested approximately $8 billion, making them the two largest outside shareholders. Nvidia's $10 billion Series G investment now makes it one of the most significant backers on the entire cap table.
How to Get Exposure to Anthropic Stock Today — Before the IPO
Retail investors cannot buy Anthropic shares directly, but several indirect routes exist. Investors can gain exposure through the Fundrise Innovation Fund, which holds Anthropic shares and has a minimum investment of just $10, or through Cathie Wood's ARK Venture Fund, where Anthropic made up approximately 2.56% of the portfolio as of January 2026.
Secondary marketplace Hiive shows an estimated Anthropic share price of $417.38 as of February 28, 2026, with 88 live orders active on the platform. Access on secondary markets is restricted to accredited investors and requires Anthropic's approval of any share transfer — making it illiquid and high-risk compared to public market investing. The safest and simplest approach for most retail investors remains waiting for the Anthropic IPO, which could arrive as early as late 2026 but may not come until 2027.
