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CBRS

Cerebras Systems Inc.NasdaqGS:CBRS Stock Report

Market Cap US$60.2b
Share Price
US$279.72
My Fair Value
n/a
1Yn/a
7Dn/a
Portfolio Value
View

Cerebras Systems Inc.

NasdaqGS:CBRS Stock Report

Market Cap: US$60.2b

Cerebras Systems (CBRS) Stock Overview

Operates as an artificial intelligence infrastructure company. More details

CBRS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

CBRS Community Fair Values

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Cerebras Systems Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cerebras Systems
Historical stock prices
Current Share PriceUS$279.72
52 Week HighUS$386.34
52 Week LowUS$275.00
Beta0
1 Month Changen/a
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-10.08%

Recent News & Updates

Seeking Alpha May 16

Cerebras: Don't Buy This Post-IPO Dip Just Yet

Summary Cerebras Systems offers the WSE-3, the largest commercial AI processor, targeting high-demand inference workloads with major clients like OpenAI and hyperscalers. CBRS is valued at ~$67 billion post-IPO, but faces upcoming gross margin and revenue growth pressures from contra-revenue and dilutive warrant impacts starting Q1 2026. Despite a strong $24.6 billion RPO backlog, CBRS's long-term market is likely niche, with use cases and TAM/SAM smaller than Nvidia’s. I rate CBRS a Hold due to overvaluation (~65x forward P/S) and expected growth deceleration, with fair value estimated 48% below current levels. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha May 16

Cerebras: Don't Buy This Post-IPO Dip Just Yet

Summary Cerebras Systems offers the WSE-3, the largest commercial AI processor, targeting high-demand inference workloads with major clients like OpenAI and hyperscalers. CBRS is valued at ~$67 billion post-IPO, but faces upcoming gross margin and revenue growth pressures from contra-revenue and dilutive warrant impacts starting Q1 2026. Despite a strong $24.6 billion RPO backlog, CBRS's long-term market is likely niche, with use cases and TAM/SAM smaller than Nvidia’s. I rate CBRS a Hold due to overvaluation (~65x forward P/S) and expected growth deceleration, with fair value estimated 48% below current levels. Read the full article on Seeking Alpha

Shareholder Returns

CBRSUS SemiconductorUS Market
7Dn/a-0.04%-0.3%
1Yn/a101.7%24.1%

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

Is CBRS's price volatile compared to industry and market?
CBRS volatility
CBRS Average Weekly Movementn/a
Semiconductor Industry Average Movement11.0%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

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

FoundedEmployeesCEOWebsite
2015708Andrew Feldmanwww.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

How do Cerebras Systems's earnings and revenue compare to its market cap?
CBRS fundamental statistics
Market capUS$60.17b
Earnings (TTM)US$87.88m
Revenue (TTM)US$509.99m
684.7x
P/E Ratio
118.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CBRS income statement (TTM)
RevenueUS$509.99m
Cost of RevenueUS$310.92m
Gross ProfitUS$199.07m
Other ExpensesUS$111.20m
EarningsUS$87.88m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin39.03%
Net Profit Margin17.23%
Debt/Equity Ratio0%

How did CBRS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 12:37
End of Day Share Price 2026/05/15 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.