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Cerebras Systems Inc. (CBRS)

91.85 -5.97 (-6.10%)
At close: November 4 at 4:00:01 PM EST
89.98 -1.87 (-2.04%)
Overnight: 12:19:45 AM EST
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What's happening with CBRS?

20m ago
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Cerebras Systems faces a concentrated test before its November 12 earnings report. Investors are weighing strong revenue growth and major cloud partnerships against wafer-durability allegations, heavy losses, and dependence on OpenAI. The latest coverage also identifies CBRS as a potential tax-loss-selling candidate after its severe 2026 decline.

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  • Previous Close 97.82
  • Open 94.50
  • Bid 91.18 x 100
  • Ask 115.99 x 200
  • Day's Range 90.28 - 99.19
  • 52 Week Range 90.28 - 386.34
  • Volume 10,102,515
  • Avg. Volume 8,560,759
  • Market Cap (intraday) 21.82B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) -4.83
  • Earnings Date Nov 12, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 275.27
  • Zacks Rating Neutral

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 model labs, AI-native and digital-native businesses, enterprises, and leaders of Sovereign AI initiatives. The company has operations in the United States, Europe, the Middle East, Africa, and internationally. Cerebras Systems Inc. was founded in 2015 and is headquartered in Sunnyvale, California.

www.cerebras.ai

708

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Semiconductors

Industry

Recent News

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Performance Overview

Trailing total returns as of 11/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

CBRS
73.76%
S&P 500 (^GSPC)
12.32%

1-Year Return

CBRS
73.76%
S&P 500 (^GSPC)
13.54%

3-Year Return

CBRS
73.76%
S&P 500 (^GSPC)
76.41%

5-Year Return

CBRS
73.76%
S&P 500 (^GSPC)
64.28%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 209.87M
Earnings -450.53M
Profit Margin -214.67%

Q1

FY26

Q2

FY26

-400M
-200M
0
200M
-200.0%
-150.0%
-100.0%
-50.0%

Analyst Insights

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Analyst Price Targets

175.00
275.27 Average
91.85 Current
325.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 11/2/2026
Analyst UBS
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 330 -> 250

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -75.27%

  • Return on Assets (ttm)

    --

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    680.67M

  • Net Income Avi to Common (ttm)

    -487.24M

  • Diluted EPS (ttm)

    -4.83

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    7.92B

  • Total Debt/Equity (mrq)

    16.24%

  • Levered Free Cash Flow (ttm)

    --

Company Insights

Research Reports

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