Cerebras Systems Future Growth

Future criteria checks 6/6

Cerebras Systems is forecast to grow earnings and revenue by 91.7% and 42.5% per annum respectively. EPS is expected to grow by 61.9% per annum. Return on equity is forecast to be 22.7% in 3 years.

Key information

91.7%

Earnings growth rate

61.90%

EPS growth rate

Semiconductor earnings growth	27.4%
Revenue growth rate	42.5%
Future return on equity	22.74%
Analyst coverage	Good
Last updated	24 Jun 2026

Recent future growth updates

No updates

Recent updates

Seeking Alpha • 13h

Cerebras: Gets Appealing Below IPO Price

Summary Cerebras Systems has retraced to below the recent IPO price after initial post-listing excitement faded on disappointing Q1 results and margin compression. CBRS faces near-term growth stagnation and margin pressure, but long-term prospects hinge on ramping OpenAI and AWS deals and broader fast inference AI demand. Concentration risk is shifting from UAE customers to a $20B+ OpenAI commitment, with AWS's contract reducing risk but lacking disclosed financial details. At an EV/S of 6x 2028 estimates and a 50% drawdown from highs, CBRS offers a more compelling long-term entry point, though near-term volatility persists. Read the full article on Seeking Alpha

New Narrative • Jun 25

Fast AI Inference And Data Center Expansion Will Support Long Term Earnings Power

Catalysts About Cerebras Systems Cerebras Systems builds wafer scale AI accelerators and operates an AI inference cloud focused on high speed token generation. What are the underlying business or industry changes driving this perspective?

New Narrative • Jun 22

The Wafer Giant Threatening NVIDIA's GPU Hegemony

Summary The Blockbuster Debut: Cerebras went public on May 14, 2026, pricing at $185 per share (well above expectations) and raising $5.55 billion in a heavily oversubscribed IPO. The Hardware Revolution: Its flagship Wafer-Scale Engine 3 (WSE-3) is a single, massive silicon wafer that destroys the traditional "memory wall" throttling standard GPU clusters.

Earnings and Revenue Growth Forecasts

NasdaqGS:CBRS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2028	7,441	1,653	1,857	5,848	9
12/31/2027	2,918	-26	-2,442	1,751	9
12/31/2026	867	-855	-1,430	-57	9
3/31/2026	604	98	-359	57	N/A
12/31/2025	510	88	-393	-10	N/A
3/31/2025	322	-475	125	241	N/A
12/31/2024	290	-485	429	452	N/A
6/30/2024	206	-116	285	303	N/A
3/31/2024	143	-122	100	112	N/A
12/31/2023	79	-127	-86	-79	N/A
12/31/2022	25	-178	-175	-164	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBRS's forecast earnings growth (91.7% per year) is above the savings rate (3.5%).

Earnings vs Market: CBRS's earnings (91.7% per year) are forecast to grow faster than the US market (18.5% per year).

High Growth Earnings: CBRS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CBRS's revenue (42.5% per year) is forecast to grow faster than the US market (12.6% per year).

High Growth Revenue: CBRS's revenue (42.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CBRS's Return on Equity is forecast to be high in 3 years time (22.7%)

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/28 23:54
End of Day Share Price	2026/06/26 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cerebras Systems Inc. is covered by 10 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Thomas O'Malley	Barclays
Atif Malik	Citigroup Inc
Richard Shannon	Craig-Hallum Capital Group LLC