CBRS
Cerebras Systems Inc.
Price Chart
Latest Quote
$234.71
| Previous Close | $213.67 |
| Open | $220.00 |
| Day High | $245.24 |
| Day Low | $215.20 |
| Volume | 7,171,036 |
Stock Information
| Shares Outstanding | 34.50M |
| Total Debt | $27.97M |
| Cash Equivalents | $209.50M |
| Revenue | $509.99M |
| Net Income | $87.88M |
| Sector | Technology |
| Industry | Semiconductors |
| Market Cap | $51.54B |
| P/E Ratio | 558.83 |
| EPS (TTM) | $0.42 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $12.64B |
| Sales | $509.99M |
| Income | $87.88M |
| Book/sh | $-10.15 |
| Cash/sh | $6.07 |
| Employees | 340 |
Financial Ratios
| Quick Ratio | 1.64 |
| Current Ratio | 2.15 |
| Debt/Eq | 19.50 |
Returns & Margins
| ROA | -5.30% |
| ROE | 38.42% |
| Gross Margin | 39.03% |
| Operating Margin | -30.65% |
| Profit Margin | 46.63% |
Ownership
| Institutional Ownership | 33.80% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 278.47 |
| P/S | 101.07 |
| P/B | -23.13 |
Analyst Data
| Recommendation | strong_buy |
| Target Price | $294.00 |
Technical Indicators
| SMA20 | $231.46 |
| RSI | 49.42 |
| ATR | 24.8329 |
| Shares Float | 8.67M |
| Short Float | 17.15% |
| Short Ratio | 0.52 |
| Rel Volume | 1.24 |
Performance History
| Week | +3.60% |
| Month | -22.70% |
| YTD | -24.55% |
| 10 Years | -24.55% |
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $234.71 | 7,185,800 |
| 2026-06-17 | $213.67 | 4,927,800 |
| 2026-06-16 | $212.25 | 5,006,500 |
| 2026-06-15 | $218.03 | 5,061,500 |
| 2026-06-12 | $214.00 | 4,717,100 |
| 2026-06-11 | $226.55 | 3,908,500 |
| 2026-06-10 | $237.33 | 5,373,500 |
| 2026-06-09 | $226.82 | 5,707,400 |
| 2026-06-08 | $237.83 | 8,691,300 |
| 2026-06-05 | $201.01 | 4,393,400 |
| 2026-06-04 | $215.40 | 4,137,200 |
| 2026-06-03 | $214.94 | 3,827,700 |
| 2026-06-02 | $236.52 | 5,236,600 |
| 2026-06-01 | $213.28 | 5,823,700 |
| 2026-05-29 | $236.99 | 4,342,400 |
| 2026-05-28 | $242.59 | 5,692,300 |
| 2026-05-27 | $266.90 | 6,523,000 |
| 2026-05-26 | $241.71 | 8,180,300 |
| 2026-05-22 | $256.78 | 11,783,800 |
| 2026-05-21 | $281.86 | 5,448,100 |
| 2026-05-20 | $290.69 | 12,851,700 |
| 2026-05-19 | $303.63 | 10,379,500 |
About Cerebras Systems Inc.
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.
đ° Latest News
Latest News In AI Chips - MEXC Expands Access To Tokenized Stock Trading Globally
Simply Wall St. âĸ 2026-06-19T11:37:51ZCerebras Post-IPO: Buy, Hold, or Sell?
Motley Fool âĸ 2026-06-18T08:10:00ZCerebras Stock Is a Cautionary Tale for SpaceX Investors
Barrons.com âĸ 2026-06-18T06:30:00ZBillions in SpaceX IPO Arb Trades Rattle ETFs Including ARKK
Bloomberg âĸ 2026-06-17T17:54:09ZJim Cramer on Cerebras: âEven After the Pullback, This Oneâs Too Rich for Meâ
Insider Monkey âĸ 2026-06-17T16:53:49ZCerebras (CBRS) Lands OpenAI Deal And Amazon Partnership In AI Infrastructure
Simply Wall St. âĸ 2026-06-16T08:11:27ZAll-In Liquidity: Cerebras Systems CEO Andrew Feldman Talks Working with OpenAI
NYSE âĸ 2026-06-15T19:06:58ZSpaceX Climbed Nearly 20% in Its First Day of Trading. Here's Where the Stock Price Will Be in 3 Months, According to History.
Motley Fool âĸ 2026-06-15T08:22:00ZSpaceXâs IPO Is a Done Deal. What History Says Happens Next.
Barrons.com âĸ 2026-06-13T14:07:00ZSpaceX Stock Picks Up Momentum on Incredible Volume
Barrons.com âĸ 2026-06-12T17:25:50ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $310,920,000 | $167,514,000 | $52,386,000 | $21,729,000 |
| Cost Of Revenue | $310,920,000 | $167,514,000 | $52,386,000 | $21,729,000 |
| Total Revenue | $509,991,000 | $290,252,000 | $78,744,000 | $24,619,000 |
| Operating Revenue | $509,991,000 | $290,252,000 | $78,744,000 | $24,619,000 |
| Expenses | ||||
| Total Expenses | $655,245,000 | $391,891,000 | $212,678,000 | $203,440,000 |
| Other Income Expense | $363,336,000 | $-401,264,000 | $1,228,000 | $230,000 |
| Net Non Operating Interest Income Expense | $26,802,000 | $23,228,000 | $5,683,000 | $1,076,000 |
| Operating Expense | $344,325,000 | $224,377,000 | $160,292,000 | $181,711,000 |
| Other Operating Expenses | $-608,000 | $201,000 | - | - |
| Selling And Marketing Expense | $60,695,000 | $12,257,000 | $9,642,000 | $9,401,000 |
| General And Administrative Expense | $40,919,000 | $53,685,000 | $10,593,000 | $16,902,000 |
| Other Non Operating Income Expenses | - | - | $1,228,000 | $230,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $237,827,000 | $-481,602,000 | $-127,155,000 | $-177,719,000 |
| Net Interest Income | $26,802,000 | $23,228,000 | $5,683,000 | $1,076,000 |
| Interest Income | $26,802,000 | $23,228,000 | $5,683,000 | $1,076,000 |
| Normalized Income | $-115,081,257 | $-164,603,440 | $-127,155,000 | $-177,719,000 |
| Net Income From Continuing And Discontinued Operation | $237,827,000 | $-481,602,000 | $-127,155,000 | $-177,719,000 |
| Total Operating Income As Reported | $-145,862,000 | $-101,438,000 | $-133,934,000 | $-178,821,000 |
| Net Income Common Stockholders | $87,875,000 | $-484,784,000 | $-127,155,000 | $-177,719,000 |
| Net Income | $237,827,000 | $-481,602,000 | $-127,155,000 | $-177,719,000 |
| Net Income Including Noncontrolling Interests | $237,827,000 | $-481,602,000 | $-127,155,000 | $-177,719,000 |
| Net Income Continuous Operations | $237,827,000 | $-481,602,000 | $-127,155,000 | $-177,719,000 |
| Pretax Income | $244,884,000 | $-479,675,000 | $-127,023,000 | $-177,515,000 |
| Interest Income Non Operating | $26,802,000 | $23,228,000 | $5,683,000 | $1,076,000 |
| Operating Income | $-145,254,000 | $-101,639,000 | $-133,934,000 | $-178,821,000 |
| Gross Profit | $199,071,000 | $122,738,000 | $26,358,000 | $2,890,000 |
| Per Share | ||||
| Diluted EPS | - | $-2.68 | $-0.70 | $-0.98 |
| Basic EPS | - | $-2.68 | $-0.70 | $-0.98 |
| Other | ||||
| Tax Effect Of Unusual Items | $10,427,743 | $-84,265,440 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-474,136,000 | $311,162,000 | $-123,351,000 | $-166,880,000 |
| Total Unusual Items | $363,336,000 | $-401,264,000 | - | - |
| Total Unusual Items Excluding Goodwill | $363,336,000 | $-401,264,000 | - | - |
| Reconciled Depreciation | $34,454,000 | $11,537,000 | $10,583,000 | $11,941,000 |
| EBITDA (Bullshit earnings) | $-110,800,000 | $-90,102,000 | $-123,351,000 | $-166,880,000 |
| EBIT | $-145,254,000 | $-101,639,000 | $-133,934,000 | $-178,821,000 |
| Diluted NI Availto Com Stockholders | $87,875,000 | $-484,784,000 | $-127,155,000 | $-177,719,000 |
| Otherunder Preferred Stock Dividend | $149,952,000 | $0 | - | - |
| Tax Provision | $7,057,000 | $1,927,000 | $132,000 | $204,000 |
| Gain On Sale Of Security | $363,336,000 | $-401,264,000 | - | - |
| Research And Development | $243,319,000 | $158,234,000 | $140,057,000 | $155,408,000 |
| Selling General And Administration | $101,614,000 | $65,942,000 | $20,235,000 | $26,303,000 |
| Other Gand A | $24,133,000 | $37,439,000 | $10,593,000 | $16,902,000 |
| Salaries And Wages | $16,786,000 | $16,246,000 | - | - |
| Diluted Average Shares | - | $207,533,000 | $207,533,000 | $207,533,000 |
| Basic Average Shares | - | $180,819,000 | $180,819,000 | $180,819,000 |
| Preferred Stock Dividends | - | $3,182,000 | - | - |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-578,655,000 | $-966,791,000 | $-558,962,000 | $-466,334,000 |
| Total Assets | $2,326,037,000 | $1,112,738,000 | $225,497,000 | $281,491,000 |
| Total Non Current Assets | $782,391,000 | $82,259,000 | $13,205,000 | $28,323,000 |
| Other Non Current Assets | $4,598,000 | $2,514,000 | $173,000 | $250,000 |
| Financial Assets | $91,447,000 | $0 | - | - |
| Current Assets | $1,543,646,000 | $1,030,479,000 | $212,292,000 | $253,168,000 |
| Hedging Assets Current | $60,906,000 | $0 | - | - |
| Restricted Cash | $228,672,000 | $361,757,000 | $19,000 | $119,000 |
| Prepaid Assets | $8,196,000 | $6,461,000 | $3,627,000 | $2,248,000 |
| Inventory | $63,626,000 | $174,492,000 | $49,082,000 | $19,536,000 |
| Receivables | $74,009,000 | $150,618,000 | $6,766,000 | $5,080,000 |
| Other Receivables | $18,791,000 | $12,718,000 | $2,000 | $1,355,000 |
| Taxes Receivable | $4,795,000 | $464,000 | - | - |
| Accounts Receivable | $50,423,000 | $137,436,000 | $6,764,000 | $3,725,000 |
| Cash Cash Equivalents And Short Term Investments | $1,108,237,000 | $337,151,000 | $152,388,000 | $225,334,000 |
| Cash And Cash Equivalents | $701,706,000 | $220,208,000 | $34,761,000 | $26,077,000 |
| Other Current Assets | - | - | $283,000 | $347,000 |
| Current Deferred Assets | - | - | $127,000 | $504,000 |
| Debt | ||||
| Total Debt | $261,822,000 | $40,673,000 | $560,000 | $1,298,000 |
| Long Term Debt And Capital Lease Obligation | $215,957,000 | $27,370,000 | $242,000 | $562,000 |
| Current Debt And Capital Lease Obligation | $45,865,000 | $13,303,000 | $318,000 | $736,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,904,692,000 | $2,079,529,000 | $784,459,000 | $747,825,000 |
| Total Non Current Liabilities Net Minority Interest | $2,185,152,000 | $901,394,000 | $729,818,000 | $726,025,000 |
| Non Current Deferred Liabilities | $35,847,000 | $18,885,000 | $5,683,000 | $1,542,000 |
| Current Liabilities | $719,540,000 | $1,178,135,000 | $54,641,000 | $21,800,000 |
| Other Current Liabilities | $27,890,000 | $390,699,000 | $243,000 | $1,103,000 |
| Current Deferred Liabilities | $485,509,000 | $678,854,000 | $13,675,000 | $2,562,000 |
| Payables And Accrued Expenses | $143,665,000 | $86,008,000 | $29,015,000 | $7,958,000 |
| Payables | $84,207,000 | $27,580,000 | $16,327,000 | $5,369,000 |
| Total Tax Payable | $35,577,000 | $1,950,000 | $1,633,000 | $319,000 |
| Accounts Payable | $48,630,000 | $25,630,000 | $14,694,000 | $5,050,000 |
| Other Non Current Liabilities | - | $5,073,000 | - | - |
| Derivative Product Liabilities | - | - | $1,113,000 | $1,141,000 |
| Non Current Deferred Taxes Liabilities | - | - | $132,000 | $114,000 |
| Equity | ||||
| Common Stock Equity | $-578,655,000 | $-966,791,000 | $-558,962,000 | $-466,334,000 |
| Total Equity Gross Minority Interest | $-578,655,000 | $-966,791,000 | $-558,962,000 | $-466,334,000 |
| Stockholders Equity | $-578,655,000 | $-966,791,000 | $-558,962,000 | $-466,334,000 |
| Gains Losses Not Affecting Retained Earnings | $1,301,000 | $220,000 | $1,103,000 | $-319,000 |
| Other Equity Adjustments | $1,301,000 | $220,000 | $1,103,000 | $-319,000 |
| Retained Earnings | $-905,330,000 | $-1,143,157,000 | $-661,555,000 | $-534,400,000 |
| Preferred Securities Outside Stock Equity | $1,933,348,000 | $850,066,000 | $722,780,000 | $722,780,000 |
| Other | ||||
| Ordinary Shares Number | $215,110,345 | $215,110,345 | $215,110,345 | $215,110,345 |
| Share Issued | $215,110,345 | $215,110,345 | $215,110,345 | $215,110,345 |
| Tangible Book Value | $-578,655,000 | $-966,791,000 | $-558,962,000 | $-466,334,000 |
| Invested Capital | $-578,655,000 | $-966,791,000 | $-558,962,000 | $-466,334,000 |
| Working Capital | $824,106,000 | $-147,656,000 | $157,651,000 | $231,368,000 |
| Capital Lease Obligations | $261,822,000 | $40,673,000 | $560,000 | $1,298,000 |
| Total Capitalization | $-578,655,000 | $-966,791,000 | $-558,962,000 | $-466,334,000 |
| Treasury Stock | $21,456,000 | $88,000 | $88,000 | $88,000 |
| Additional Paid In Capital | $346,829,000 | $176,233,000 | $101,578,000 | $68,473,000 |
| Capital Stock | $1,000 | $1,000 | $0 | $0 |
| Common Stock | $1,000 | $1,000 | $0 | $0 |
| Non Current Deferred Revenue | $35,847,000 | $18,885,000 | $5,551,000 | $1,428,000 |
| Long Term Capital Lease Obligation | $215,957,000 | $27,370,000 | $242,000 | $562,000 |
| Current Deferred Revenue | $485,509,000 | $678,854,000 | $13,675,000 | $2,562,000 |
| Current Capital Lease Obligation | $45,865,000 | $13,303,000 | $318,000 | $736,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $16,611,000 | $9,271,000 | $7,757,000 | $8,903,000 |
| Current Accrued Expenses | $59,458,000 | $58,428,000 | $12,688,000 | $2,589,000 |
| Net PPE | $686,346,000 | $79,745,000 | $13,032,000 | $28,073,000 |
| Accumulated Depreciation | $-51,194,000 | $-23,215,000 | $-18,212,000 | $-14,863,000 |
| Gross PPE | $737,540,000 | $102,960,000 | $31,244,000 | $42,936,000 |
| Leases | $22,348,000 | $3,950,000 | $488,000 | $399,000 |
| Construction In Progress | $163,451,000 | $7,775,000 | $0 | $97,000 |
| Other Properties | $248,950,000 | $36,571,000 | $519,000 | $1,240,000 |
| Machinery Furniture Equipment | $302,791,000 | $54,664,000 | $30,237,000 | $41,200,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $36,719,000 | $59,486,000 | $9,985,000 | $3,719,000 |
| Work In Process | $10,968,000 | $37,838,000 | $7,331,000 | $3,865,000 |
| Raw Materials | $15,939,000 | $77,168,000 | $31,766,000 | $11,952,000 |
| Other Short Term Investments | $406,531,000 | $116,943,000 | $117,627,000 | $199,257,000 |
| Current Provisions | - | - | $3,633,000 | $538,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-392,789,000 | $428,543,000 | $-85,570,000 | $-174,865,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-10,050,000 | $451,978,000 | $-78,977,000 | $-164,402,000 |
| Cash Flow From Continuing Operating Activities | $-10,050,000 | $451,978,000 | $-78,977,000 | $-164,402,000 |
| Operating Gains Losses | $-363,336,000 | $401,264,000 | $2,894,000 | $7,041,000 |
| Investing Activities | ||||
| Capital Expenditure | $-382,739,000 | $-23,435,000 | $-6,593,000 | $-10,463,000 |
| Investing Cash Flow | $-667,576,000 | $-16,785,000 | $81,701,000 | $137,393,000 |
| Cash Flow From Continuing Investing Activities | $-667,576,000 | $-16,785,000 | $81,701,000 | $137,393,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-38,086,000 | $-102,000 | $0 | $-3,881,000 |
| Issuance Of Capital Stock | $1,100,000,000 | $85,000,000 | $0 | $10,049,000 |
| Financing Cash Flow | $1,026,560,000 | $112,296,000 | $5,933,000 | $9,104,000 |
| Cash Flow From Continuing Financing Activities | $1,026,560,000 | $112,296,000 | $5,933,000 | $9,104,000 |
| Net Other Financing Charges | $-3,305,000 | $-326,000 | - | - |
| Net Preferred Stock Issuance | $1,083,282,000 | $84,898,000 | - | - |
| Preferred Stock Issuance | $1,100,000,000 | $85,000,000 | - | - |
| Net Common Stock Issuance | $-21,368,000 | $0 | $0 | $6,168,000 |
| Common Stock Issuance | - | - | $0 | $10,049,000 |
| Other | ||||
| Income Tax Paid Supplemental Data | $1,699,000 | $258,000 | $126,000 | $39,000 |
| End Cash Position | $930,378,000 | $581,965,000 | $34,780,000 | $26,196,000 |
| Beginning Cash Position | $581,965,000 | $34,780,000 | $26,196,000 | $44,432,000 |
| Effect Of Exchange Rate Changes | $-521,000 | $-304,000 | $-73,000 | $-331,000 |
| Changes In Cash | $348,934,000 | $547,489,000 | $8,657,000 | $-17,905,000 |
| Proceeds From Stock Option Exercised | $-32,049,000 | $27,724,000 | $5,933,000 | $2,936,000 |
| Preferred Stock Payments | $-16,718,000 | $-102,000 | - | - |
| Common Stock Payments | $-21,368,000 | $0 | $0 | $-3,881,000 |
| Net Investment Purchase And Sale | $-284,837,000 | $6,650,000 | $88,294,000 | $147,832,000 |
| Sale Of Investment | $240,577,000 | $309,548,000 | $353,887,000 | $355,060,000 |
| Purchase Of Investment | $-525,414,000 | $-302,898,000 | $-265,593,000 | $-207,228,000 |
| Net PPE Purchase And Sale | $-382,739,000 | $-23,435,000 | $-6,593,000 | $-10,439,000 |
| Purchase Of PPE | $-382,739,000 | $-23,435,000 | $-6,593,000 | $-10,463,000 |
| Change In Working Capital | $-15,639,000 | $443,471,000 | $6,715,000 | $-36,631,000 |
| Change In Other Working Capital | $-176,383,000 | $678,513,000 | $15,236,000 | $-825,000 |
| Change In Other Current Liabilities | $3,141,000 | $48,640,000 | $730,000 | $-678,000 |
| Change In Payables And Accrued Expense | $21,151,000 | $9,010,000 | $18,487,000 | $-1,887,000 |
| Change In Payable | $21,151,000 | $9,010,000 | $9,777,000 | $250,000 |
| Change In Account Payable | $21,151,000 | $9,010,000 | $9,777,000 | $250,000 |
| Change In Prepaid Assets | $-13,867,000 | $-17,051,000 | $492,000 | $17,000 |
| Change In Inventory | $63,307,000 | $-144,969,000 | $-25,191,000 | $-37,502,000 |
| Change In Receivables | $87,012,000 | $-130,672,000 | $-3,039,000 | $4,244,000 |
| Changes In Account Receivables | $87,012,000 | $-130,672,000 | $-3,039,000 | $4,244,000 |
| Other Non Cash Items | $25,908,000 | $6,219,000 | $721,000 | $1,351,000 |
| Stock Based Compensation | $49,767,000 | $58,564,000 | $26,631,000 | $16,876,000 |
| Provisionand Write Offof Assets | $20,969,000 | $12,525,000 | $3,095,000 | $288,000 |
| Depreciation Amortization Depletion | $34,454,000 | $11,537,000 | $10,583,000 | $11,941,000 |
| Depreciation And Amortization | $34,454,000 | $11,537,000 | $10,583,000 | $11,941,000 |
| Depreciation | $34,454,000 | $11,537,000 | - | - |
| Gain Loss On Investment Securities | $-363,336,000 | $401,264,000 | $-249,000 | $129,000 |
| Net Income From Continuing Operations | $237,827,000 | $-481,602,000 | $-127,155,000 | $-177,719,000 |
| Sale Of PPE | - | - | $0 | $24,000 |
| Change In Accrued Expense | - | - | $8,710,000 | $-2,137,000 |
| Asset Impairment Charge | - | - | $2,469,000 | $10,790,000 |
| Amortization Of Securities | - | - | $-4,948,000 | $1,547,000 |
| Deferred Tax | - | - | $18,000 | $114,000 |
| Deferred Income Tax | - | - | $18,000 | $114,000 |
| Gain Loss On Sale Of PPE | - | - | $3,143,000 | $6,912,000 |