Cerebras Systems Inc. (CBRS)

NASDAQ: CBRS · Real-Time Price · USD
181.59
+13.07 (7.76%)
At close: Jun 26, 2026, 4:00 PM EDT
181.20
-0.39 (-0.21%)
After-hours: Jun 26, 2026, 7:59 PM EDT
7.76%
Market Cap 39.88B
Revenue (ttm) 603.89M
Net Income (ttm) 97.74M
Shares Out 219.61M
EPS (ttm) 1.42
PE Ratio 127.95
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 10,650,665
Open 162.66
Previous Close 168.52
Day's Range 160.81 - 184.03
52-Week Range 160.81 - 386.34
Beta n/a
Analysts Strong Buy
Price Target 299.30 (+64.82%)
Earnings Date Jun 23, 2026

About CBRS

Cerebras Systems Inc. operates as an artificial intelligence infrastructure company. It designs and manufactures an AI compute platform that comprises of proprietary systems and software that is delivered in racks for deployment in data centers up to supercomputer scale. The company’s pioneering wafer-scale engine, a chip encompassing a silicon wafer, designed to enable higher performance and speeds than GPUs for the computational demands of inference, Generative AI, and other AI applications. Its customers include hyperscalers, foundation mode... [Read more]

Sector Technology
IPO Date May 14, 2026
Employees 708
Stock Exchange NASDAQ
Ticker Symbol CBRS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for CBRS stock is "Strong Buy." The 12-month stock price target is $299.3, which is an increase of 64.82% from the latest price.

Price Target
$299.3
(64.82% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cerebras Systems falls -10.0%

Cerebras Systems (CBRS) is down -10.0%, or -$18.26 to $164.00.

1 day ago - TheFly

CBRS Stock – Cathie Wood Doubles Down on Cerebras with a $22.5M Bet

Cathie Wood’s ARK Invest ETFs (exchange-traded funds) made a significant purchase of Cerebras Systems ($CBRS) on Wednesday, June 24, according to ARK’s daily fund disclosures. The ace hedge fund manag...

Other symbols: ROKU
1 day ago - TipRanks

Cathie Wood’s ARK Investment buys 99K shares of Cerebras Systems today

20:25 EDT Cathie Wood’s ARK Investment buys 99K shares of Cerebras Systems (CBRS) today

2 days ago - TheFly

Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood

Shares of Cerebras Systems dropped almost 20% on Wednesday, even after the company delivered better-than-expected first-quarter earnings on Tuesday.

2 days ago - TechCrunch

Cerebras's stock sinks below IPO price in a major blow to early investors

The once-high-flying AI chip maker's stock has now dropped more than 50% from its all-time intraday high hit six weeks ago.

2 days ago - Market Watch

Cerebras Systems trades below IPO price after 19% post-earnings decline

Cerebras Systems (CBRS), which priced its IPO at $185 per share, has declined over 19% to trade at $182.61 in Wednesday afternoon trading after the company reported Q1 results last…

2 days ago - TheFly

Cerebras stock sell-off: CEO says margin forecast is 'misunderstood'

Cerebras Systems (CBRS) shares tanked over 15% on Wednesday morning following its inaugural quarterly earnings report since its blockbuster initial public offering (IPO) last month. While the artifici...

2 days ago - Invezz

Cerebras CEO Says Capacity Is Largest Constraint Right Now

Cerebras shares plunged after the company gave an annual sales forecast that disappointed investors who were expecting the company to carve out a bigger slice of the AI data center market. Cerebras CE...

2 days ago - Bloomberg Technology

Cerebras CEO Feldman says margin forecast was 'misunderstood' as stock plummets after earnings

Andrew Feldman, co-founder and CEO at Cerebras Systems, joins 'Squawk on the Street' to discuss the company's first earnings report since going public in May, its outlook for gross margin, and more.

2 days ago - CNBC Television

Cerebras CEO says margin forecast was 'misunderstood' as stock plummets after earnings

Cerebras called for its core gross margin to narrow through 2026 as it released financial results for the first time as a public company on Tuesday. The artificial intelligence chipmaker is beating a ...

2 days ago - CNBC

Cerebras Systems falls -16.7%

Cerebras Systems (CBRS) is down -16.7%, or -$37.81 to $188.91.

2 days ago - TheFly

Cerebras (CBRS) Stock Tanks, but 5-Star Analysts See Huge Upside – Here’s Why

Shares of Cerebras Systems ($CBRS) are tanking today, but analysts aren’t worried. Indeed, the chipmaker received a bullish update from five-star Wedbush analyst Matt Bryson after the company’s first ...

Other symbols: AMZN
2 days ago - TipRanks

Cerebras' First Post-IPO Earnings Beat Wall Street Projections. The Stock Is Falling Anyway

Cerebras beat Wall Street's estimates with its first report as a public company, but investors aren't cheering the results.

2 days ago - Investopedia

Cerebras (CBRS) Is One of AI’s Rarest Bets, but I Would Wait

Cerebras Systems ($CBRS) is one of the rarest bets in artificial intelligence (AI). Yet I would wait before chasing a stock with such a short public trading history, given its…

Other symbols: NVDA
2 days ago - TipRanks

Cerebras Systems falls -13.8%

Cerebras Systems (CBRS) is down -13.8%, or -$31.32 to $195.40.

2 days ago - TheFly

Cerebras stock sinks as margin outlook overshadows AI deals

Cerebras Systems shares tumbled about 10% in premarket trading on Wednesday after the artificial intelligence chipmaker forecast lower profit margins for 2026. The outlook overshadowed better-than-exp...

2 days ago - Invezz

Cerebras Systems price target raised to $280 from $270 at Wedbush

Wedbush raised the firm’s price target on Cerebras Systems (CBRS) to $280 from $270 and keeps an Outperform rating on the shares. Cerebras reported results ahead of initial expectations with…

2 days ago - TheFly

Micron, Qualcomm, Cerebras, FedEx, and More Stocks That Explain Today's Market

AI stocks mount a comeback after getting hammered the previous session on worries about leverage in the market and higher rates.

Other symbols: FDXMUQCOM
2 days ago - Barrons

Cerebras sinks 14% as full-year margin forecast disappoints

Cerebras shares tumbled about 14% before the bell on Wednesday after the chip designer warned that annual profit margins would undershoot first-quarter ​figures in its debut earnings following a block...

2 days ago - Reuters

Cerebras Systems price target raised to $273 from $250 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Cerebras Systems (CBRS) to $273 from $250 and keeps an Overweight rating on the shares following what the firm calls “a strong…

2 days ago - TheFly

Cerebras Systems price target raised to $320 from $300 at UBS

UBS raised the firm’s price target on Cerebras Systems (CBRS) to $320 from $300 and keeps a Buy rating on the shares. Cerebras’s first post-IPO earnings call is viewed positively…

2 days ago - TheFly

Cerebras Stock (CBRS) Sinks after First Post-IPO Earnings; Here’s How Analysts Reacted

Cerebras ($CBRS) stock plunged more than 14% in Wednesday’s pre-market trading after the AI chip company announced its quarterly earnings for the first time following its initial public offering (IPO)...

Other symbols: NVDA
2 days ago - TipRanks

Cerebras delivers its first earnings report — but it's not enough to lift the stock

Despite upbeat revenue figures, Cerebras's stock was falling in after-hours trading.

3 days ago - Market Watch

Cerebras Nearly Doubles Revenue, But Projects Full-Year Negative Margins

Chip maker said it expects to keep operating at a loss, highlighting the heavy costs of the AI buildout.

3 days ago - WSJ

Cerebras Systems Earnings Call Transcript: Q1 2026

Q1 2026 saw 92% year-over-year revenue growth, driven by surging demand for fast AI inference and major agreements with OpenAI and AWS. Gross margin improved to 46.5%, and the company ended the quarter with $3.3 billion in cash after a record-setting IPO. Data center capacity remains the main growth constraint.

3 days ago - Transcripts