Cerebras Systems (CBRS) Stock Overview
Operates as an artificial intelligence infrastructure company. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 6/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
CBRS Community Fair Values
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Analyst Price Targets
Top Community Narratives
Cerebras Systems Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$199.12 |
| 52 Week High | US$386.34 |
| 52 Week Low | US$160.81 |
| Beta | 0 |
| 1 Month Change | 9.25% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -35.99% |
Recent News & Updates
Cerebras: Strong Potential, But The Risk/Reward Doesn't Add Up
Summary Cerebras Systems is initiated at a sell rating due to extreme valuation despite innovative AI hardware and strong partnerships. Q1 results showed robust 94% YoY revenue growth, expanding gross margins, and a swing to positive adjusted EBITDA, but guidance signals decelerating growth and margin pressure. Cerebras secured a $20B multiyear deal with OpenAI and is collaborating with AWS, positioning itself as a credible challenger to NVIDIA in AI compute. Despite ambitious international expansion and manufacturing scale-up, the forward P/S of 53.73 makes the risk/reward unattractive for new entry. Read the full article on Seeking Alpha
CBRS: Fast Inference Contracts With OpenAI And AWS Will Drive Upside
The analyst price target for Cerebras Systems is updated to about $291 from about $299, as analysts weigh the recent post-IPO earnings beat, new coverage with both Buy and Hold ratings, and the balance of strong fast inference demand against operational and execution risks. Analyst Commentary Analyst commentary on Cerebras Systems centers on its wafer scale AI hardware, fast inference focus and large customer commitments, with views split between enthusiasm for the growth potential and caution around execution and valuation risks after recent volatility.Recent updates
Cerebras: Strong Potential, But The Risk/Reward Doesn't Add Up
Summary Cerebras Systems is initiated at a sell rating due to extreme valuation despite innovative AI hardware and strong partnerships. Q1 results showed robust 94% YoY revenue growth, expanding gross margins, and a swing to positive adjusted EBITDA, but guidance signals decelerating growth and margin pressure. Cerebras secured a $20B multiyear deal with OpenAI and is collaborating with AWS, positioning itself as a credible challenger to NVIDIA in AI compute. Despite ambitious international expansion and manufacturing scale-up, the forward P/S of 53.73 makes the risk/reward unattractive for new entry. Read the full article on Seeking AlphaCBRS: Fast Inference Contracts With OpenAI And AWS Will Drive Upside
The analyst price target for Cerebras Systems is updated to about $291 from about $299, as analysts weigh the recent post-IPO earnings beat, new coverage with both Buy and Hold ratings, and the balance of strong fast inference demand against operational and execution risks. Analyst Commentary Analyst commentary on Cerebras Systems centers on its wafer scale AI hardware, fast inference focus and large customer commitments, with views split between enthusiasm for the growth potential and caution around execution and valuation risks after recent volatility.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?
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.Shareholder Returns
| CBRS | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | 15.2% | 2.0% | -1.1% |
| 1Y | n/a | 60.5% | 15.1% |
Return vs Industry: Insufficient data to determine how CBRS performed against the US Semiconductor industry.
Return vs Market: Insufficient data to determine how CBRS performed against the US Market.
Price Volatility
| CBRS volatility | |
|---|---|
| CBRS Average Weekly Movement | 18.3% |
| Semiconductor Industry Average Movement | 13.6% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: CBRS's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: Insufficient data to determine CBRS's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 784 | Andrew Feldman | www.cerebras.ai |
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.
Cerebras Systems Inc. Fundamentals Summary
| CBRS fundamental statistics | |
|---|---|
| Market cap | US$45.11b |
| Earnings (TTM) | US$97.74m |
| Revenue (TTM) | US$603.89m |
Is CBRS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CBRS income statement (TTM) | |
|---|---|
| Revenue | US$603.89m |
| Cost of Revenue | US$360.24m |
| Gross Profit | US$243.64m |
| Other Expenses | US$145.91m |
| Earnings | US$97.74m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 12, 2026
| Earnings per share (EPS) | 0.43 |
| Gross Margin | 40.35% |
| Net Profit Margin | 16.18% |
| Debt/Equity Ratio | 35.7% |
How did CBRS perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/24 04:02 |
| End of Day Share Price | 2026/07/24 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 11 analysts. 11 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 |