Anthropic and Micron Lead Wave of High-Profile IPOs in Q4 2026

Investors are eagerly awaiting several major IPOs in Q4 2026, including the highly anticipated listing of Anthropic, the company behind Claude AI. According to its prospectus, Anthropic's revenue increased 12 times to nearly $4.6 billion by the end of 2025, but the company's net loss also surged to $42 billion. The company's valuation is expected to reach around $2 trillion, making it the largest IPO in history. Micron Technology, another AI-focused company, is also gaining attention, with its shares up 277% in 2026 and a target valuation of $2,100.

Nvidia, the AI bellwether, is expected to report its fiscal third-quarter earnings on November 17, with a revenue guidance of about $108 billion. The company's stock has reached an intraday record high of $237.83 and closed at $233.95, up roughly 25% in 2026. Blockchain.com, a crypto company, is targeting a public listing before the end of 2026, with a proposed valuation range of $4 billion to $6 billion, significantly lower than its 2022 valuation of $14 billion.

BitMine Immersion Technologies, the world's largest Ethereum treasury company, is close to reaching its 5% target of Ethereum supply, with around 6 million ETH held and a goal of staking around 84% of its holdings. The company's annualized staking revenue is projected at about $358 million.