Cerebras Systems Inc. (CBRS): price, analyst ratings, earnings and fundamentals
Updated 16 September 2026, 08:02 ET
Cerebras Systems Inc. (CBRS) closed at $184.03 on 15 September 2026, up 1.6%. The stock is down 16.0% over one month. It trades 45.6% below its 52-week high of $338.32. Analysts recorded 17 actions in the last 90 days; the median price target of $300 is 63.0% above the last close. The company last reported on 12 August 2026 for Q2 2026: EPS of -$0.04 against an estimate of -$0.19, a beat of 76.3%, on revenue of $180.1 million.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open CBRS in FundSpec.
Analyst ratings
Over the last 90 days FundSpec recorded 17 analyst actions on CBRS from 8 firms: 16 maintained or reiterated a view and 1 initiation. Price targets were 7 raised and 2 lowered. The most recent targets from 11 firms range from $209 to $330, with a median of $300, 63.0% above the last close.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 14 Sep 2026 | Freedom Capital Markets | Maintains Hold | $209.00 |
| 19 Aug 2026 | Rosenblatt | Maintains Buy | $300.00 |
| 19 Aug 2026 | Needham | Reiterates Buy | $300.00 |
| 13 Aug 2026 | UBS | Maintains Buy | $320.00 to $330.00 |
| 13 Aug 2026 | Citigroup | Maintains Buy | $340.00 to $320.00 |
| 13 Aug 2026 | Wedbush | Maintains Outperform | $280.00 to $290.00 |
| 13 Aug 2026 | Mizuho | Maintains Outperform | $310.00 to $300.00 |
| 13 Aug 2026 | Rosenblatt | Maintains Buy | $300.00 |
| 13 Aug 2026 | Morgan Stanley | Maintains Overweight | $273.00 to $279.00 |
| 13 Aug 2026 | Needham | Reiterates Buy | $300.00 |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 19 November 2026 during the session for Q3 2026, with EPS expected at -$0.14 on revenue of $214.9 million. Cerebras Systems Inc. beat the EPS estimate in 2 of its last 2 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q2 2026 | 12 Aug 2026 | -$0.19 | -$0.04 | +76.32% | $180.1M |
| Q1 2026 | 23 Jun 2026 | -$0.16 | -$0.04 | +75.63% | $193.4M |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
On a trailing twelve month basis the company shows revenue growth of N.A., a gross margin of N.A., an operating margin of N.A. and a return on equity of N.A..
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open CBRS in FundSpec.
SEC filings
The latest filing is a 10-Q from 12 August 2026.
| Filed | Form | Document |
|---|---|---|
| 12 Aug 2026 | 10-Q | View on sec.gov |
| 24 Jun 2026 | 10-Q | View on sec.gov |
Company profile
- Exchange
- Nasdaq
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Headquarters
- SUNNYVALE, California
- Chief executive
- Andrew D. Feldman
- Employees
- 708
- Website
- www.cerebras.ai
- SEC CIK
- 0002021728
We are building the fastest AI infrastructure in the world. In AI, speed is critical to win. Speed improves user engagement, expands product capabilities, can lower operating costs, and opens new markets. It shortens iteration cycles for engineers, researchers, and professionals across industries, allowing them to be more productive. Speed unlocks new applications and new industries. In technology, “speed unlocking value” is a pattern that has repeated itself over the past 30 years. Our principal executive offices are located in Sunnyvale, California.
Sector and peers
Cerebras Systems Inc. is part of the Manufacturing sector, which FundSpec tracks across 1 company.
Companies in the same industry by market capitalization:
SKHY SK hynix Inc.ARM Arm Holdings plc /UkALAB Astera Labs, Inc.
Put two of them side by side in Compare.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for CBRS are available to subscribers, with the same screen in the iOS and Android apps.
Open CBRS in FundSpec