Cerebras Systems (CBRS) is trading down at $118.24 (-2.01%), as of the latest quote. It operates in the Information Technology sector.
One firm's current price target on Cerebras Systems: $300 — 154% above the current $118. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $99.5M | $103.3M | $193.4M | $180.1M |
| Growth (year over year) | — | — | +94.4% | +74.3% |
| Gross profit | $41.6M | $32.1M | $86.2M | $25.6M |
| Gross margin | 41.8% | 31.1% | 44.6% | 14.2% |
| Operating income | −$28.5M | −$57.2M | −$15.0M | −$477.2M |
| Operating margin | −28.6% | −55.3% | −7.8% | −265.0% |
| Net income | −$23.9M | $309.5M | −$14.0M | −$450.5M |
| Net margin | −24.0% | 299.6% | −7.2% | −250.1% |
| EPS (diluted) | −$0.46 | $1.91 | −$0.22 | −$2.98 |
| Balance sheet | ||||
| Cash and equivalents | $472.0M | $376.9M | $1.72B | $6.74B |
| Total assets | — | — | $4.95B | $11.6B |
| Total liabilities | — | — | $2.20B | $2.47B |
| Long-term debt | — | — | $361.6M | $182.2M |
| Shareholders' equity | −$978.2M | −$651.1M | −$194.7M | $9.15B |
| Cash flow | ||||
| Operating cash flow | −$54.9M | −$68.9M | $12.3M | −$59.8M |
| Capital expenditure | $98.2M | $86.8M | $132.0M | $416.9M |
| Free cash flow | −$153.2M | −$155.8M | −$119.6M | −$476.7M |
From Cerebras Systems's 10-Q filings with the SEC. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. Filings on SEC EDGAR →
Cerebras Systems Inc., headquartered in Sunnyvale, California, develops semiconductors, supercomputers, and related software to power artificial intelligence deep-learning applications such as inference engines. Products include its wafer scale engine (WSE)-3 semiconductors, its CS-3 supercomputers, and its "AI inference cloud" and "AI training cloud" APIs, which allow users to access the company's computing power without buying its hardware. The company also builds data centers using its processors and supercomputers to provide cloud computing services directly to clients.
Source: Wikipedia — Cerebras Systems