Insider buying last 90 days
No open-market insider purchases were filed for CBRS in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every CBRS insider filing, plotted on the chart in Gekko.Open CBRS in Gekko
NASDAQ: CBRS
Cerebras Systems (CBRS) Stock Analysis & Forecast
$198.37+4.23 (+2.2%)
Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.
Gekko Brief
AI summaryCerebras Systems closes at $198.37, up 2.2% on the day but below its 50-day average of $201.68, consistent with one-month and three-month returns of -8% and -15.5%. The GekkoIndex reads 58.2, placing the stock in the Neutral zone, while shares trade 16.5% below Gekko Fair Value of $237.66. Typical daily movement runs 6.2%, with a typical 20-day swing of 13.3%, underscoring the stock's volatility.
Coverage this week centers on comparisons with other AI-linked names, including Innodata, CoreWeave, QuantumScape, BigBear.ai and IonQ, alongside a piece weighing NVIDIA and Alphabet as inference competitors. Recurring themes include Cerebras' wafer-scale chip technology, its revenue growth trajectory, and valuation concerns after the stock's decline of 52% from highs, with shares described as trading near 145 times next year's estimated earnings. One article notes margin pressure and customer concentration risk alongside strong RPO and capacity expansion supporting the company's growth outlook.
Looking ahead, the next earnings date falls on 12 November, 53 days out and beyond a typical 20-trading-day holding window. Over the last 30 days, options activity shows 7 unusual signals, with call premium of $30.9 million against put premium of $1.2 million. Three billionaire holders and five trailblazer holders are recorded. All 10 covering analysts rate the stock a buy, with a consensus target of $291.64, implying 47% upside from current levels. The prior quarter produced a smaller-than-expected loss against a wider estimate, with a muted 1.6% reaction, against an average absolute earnings-day move of 10.2%.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $198.37Gekko Fair Value $237.66
Key stats
- Market cap
- $47.13B
- P/E ratio
- —
- Forward P/E
- 192.3
- EPS, TTM
- −$4.82
- Revenue, TTM
- $680.7M
- Profit margin
- -75.3%
- Dividend yield
- —
- Beta
- —
- Volume
- 10.78M avg 6.15M
- 1-year return
- —
- Typical daily move
- ±6.2%
- Typical 20-day move
- ±13.3%
- 50-day average
- $201.68
- 200-day average
- —
- Next earnings
- Nov 12
- Shares outstanding
- 112.2M
Cerebras Systems swing-trade checklist
Cerebras Systems scores 3 supportive, 1 mixed and 0 headwinds across the 4 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed0 headwinds
- Trendno data
No data
Not enough price history for both moving averages.
See the chart - GekkoIndexmixed
58.2, Neutral
Reading 58.2 is in the Neutral zone.
See the GekkoIndex - Fair valuesupportive
16.5% below
Price is 16.5% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 7 unusual options signals.
See smart money - Earnings risksupportive
Reports in 53 days
Next report Nov 12, 2026, 53 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalityno data
No data
Not enough years of history for a seasonal read.
A description of current data, not a recommendation. How this page works
Cerebras Systems stock chart and price history
Cerebras Systems closed at $198.37 on Sep 18, 2026, inside a 52-week range of $160.81 to $386.34.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −8.0%
- 3 months
- −15.5%
The full CBRS chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CBRS in Gekko
Follow Cerebras Systems through every session
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About Cerebras Systems
Cerebras Systems designs and produces computer hardware and software aimed at heavy artificial intelligence tasks. Its flagship offering combines specially built chips with accompanying software, packaged into units that fit into standard equipment racks and can be linked together for anything from a single data center installation up to supercomputer-scale setups. The centerpiece is a processor called the Wafer-Scale Engine, which uses a full silicon wafer instead of the smaller chip pieces found in most processors, and it is meant to handle inference, generative AI, and similar demanding computing jobs more quickly than typical graphics-processor-based systems.
Rather than selling to individual consumers, Cerebras works with large-scale buyers such as cloud computing giants, labs building foundation models, digital-first companies, sizable corporations, and groups involved in government or national AI efforts. Its business reaches across several regions, including operations in the United States as well as Europe, the Middle East, and Africa, alongside further international activity.
Cerebras Systems traces its founding to 2015 and runs its headquarters out of Sunnyvale, California. Shares of the company trade on the NASDAQ under the ticker CBRS.
- Listed
- NASDAQ
- Sector
- Electronic technology
- Website
- cerebras.ai
Cerebras Systems GekkoIndex: the smart money zone
Cerebras Systems’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 58.2, in the Neutral zone, down 0.2 points over five sessions.
58.2Neutral
Down 0.2 points over five sessions.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 17 | −2.7% | −10.9% | ||
| Accumulation | 42 | +0.3% | +0.2% | ||
| Neutral (current zone) | 18 | −5.2% | −12.3% | ||
| Distribution | 0 | Not available | |||
| Selling | 1 | Too few readings yet | |||
Average CBRS share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the CBRS price, zone by zone.Track CBRS in Gekko
Is Cerebras Systems stock overvalued? Gekko Fair Value
Cerebras Systems trades 16.5% below Gekko Fair Value of $237.66, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Cerebras Systems shares are worth, recalculated every trading day.
$237.66
Gekko Fair Value, Sep 18, 2026
16.5% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open CBRS in Gekko
Cerebras Systems insider and Congress trading
No open-market insider purchases were filed for Cerebras Systems, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in CBRS were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for CBRS, plotted on the chart in Gekko.Open CBRS in Gekko
Buybacks
Cerebras Systems has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $416.7M
- As a share of market cap
- 0.88%
From company filings.
Unusual options activity last 30 days
7signals, 96% of the flagged premium in calls.
Latest: Bullish flow on Sep 19, $5.24M in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
8of the funds Gekko tracks hold CBRS.
0added8opened0trimmed0sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
Cerebras Systems earnings: next date and track record
Cerebras Systems reports on Nov 12, 2026 (53 days away), and beat the EPS estimate in 2 of its last 2 reports.
Next earnings report
Nov 12, 2026
53 days away
- EPS estimate
- −$0.15
- Revenue estimate
- $214.7M
2 of 2reports beat the EPS estimate
±10.2%average move across the report
0 of 2reports followed by a gain
Share-price move across each report
Last earnings call, Aug 12, 2026 AI summary
- What they said
- Cerebras Systems reported record Q2 2026 core revenue, beating guidance on revenue, gross margins, and operating margins. The company holds $25 billion in RPO and secured 600+ megawatts of data center capacity across 14+ locations globally. Manufacturing capacity is set to expand 10x in 2026 via partnerships with Flex and Sanmina, with TSMC wafer supply secured. Management is positioning 2026 as a foundation year for accelerated growth in 2027-2029.
- Guidance
- Management expects to more than triple core revenues in 2027, with continued multi-fold growth in 2028 and 2029. Data center capacity pipeline is now measured in gigawatts, supporting long-term expansion. Q3 and full-year 2026 specific targets were referenced but not detailed in this excerpt.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 12, 2026 | −$0.04 est −$0.21 | $209.9M est $190.6M | −1.6% |
| Jun 23, 2026 | −$0.04 est −$0.14 | $191.3M est $181.2M | −18.8% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Cerebras Systems stock forecast and analyst price targets
Analysts’ average 12-month price target for Cerebras Systems is $291.64, +47.0% from the last close, from 10 firms rating the stock in the last 90 days.
$291.64consensus 12-month target, +47.0% from the last close
Now $198.37Avg $291.64
Low $275High $330
Each firm’s latest rating in the last 90 days: 10 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Aug 27 | Mizuho Securities | $300 | +51.2% |
| Aug 19 | Mizuho Securities | $300 | +51.2% |
| Aug 19 | Craig-Hallum | — | — |
| Aug 19 | UBS | $330 | +66.4% |
| Aug 19 | Rosenblatt Securities | $300 | +51.2% |
−12.3%average 20-day move after past Neutral readings
±6.2%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Cerebras Systems market cap and key statistics
Cerebras Systems’s market cap is $47.13B and revenue of $680.7M over the last twelve months.
Valuation
- Market cap
- $47.13B
- Forward P/E
- 192.3
- EPS, TTM
- −$4.82
- Gekko Fair Value
- $237.66
Trading
- Volume
- 10.78M
- Avg volume, 20 days
- 6.15M
- 52-week high
- $386.34
- 52-week low
- $160.81
- Shares outstanding
- 112.2M
Financials
- Revenue, TTM
- $680.7M
- Profit margin
- -75.3%
- Return on equity
- 18.8%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Typical daily move
- ±6.2%
- Typical 20-day move
- ±13.3%
Cerebras Systems stock news this week
6 headlines about Cerebras Systems from the past week, newest first, each linking to the publisher.
- Cerebras Systems vs. Innodata: Which AI-Driven Tech Stock Is a Better Buy in 2026?The Motley Fool, Sep 18
- Cerebras Drops 19% in 3 Months: Buy, Sell or Hold the Stock?Zacks Investment Research, Sep 17
- Cerebras Stock Has Been Cut in Half. It Still Costs About 145 Times Next Year's Estimated Earnings.The Motley Fool, Sep 16
- Cerebras Systems vs. CoreWeave: Choosing the Better Artificial Intelligence Stock for 2026The Motley Fool, Sep 15
- CBRS Expands AI Inference Reach: Can It Challenge NVDA & GOOGL?Zacks Investment Research, Sep 14
- Cerebras Systems vs. QuantumScape: Here Is the Better Hardware Technology Stock to Buy in 2026The Motley Fool, Sep 13
Cerebras Systems stock FAQ
What is Cerebras Systems’s market cap?
Cerebras Systems’s market cap is $47.13B at the Sep 18, 2026 close of $198.37, with 112.2M shares outstanding.
What is the Cerebras Systems stock forecast?
The consensus analyst 12-month price target for Cerebras Systems is $291.64, +47.0% from the last close. Of the 10 firms that rated the stock in the last 90 days, 10 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Cerebras Systems stock overvalued or undervalued?
On Gekko’s estimate Cerebras Systems is undervalued: the Sep 18, 2026 close of $198.37 is 16.5% below Gekko Fair Value of $237.66. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Cerebras Systems report earnings next?
Cerebras Systems is expected to report on Nov 12, 2026 (53 days away). Analysts expect earnings of −$0.15 per share on revenue of $214.7M.
What is Cerebras Systems’s 52-week high and low?
Cerebras Systems’s 52-week high is $386.34 and its 52-week low is $160.81; it closed at $198.37 on Sep 18, 2026.
Is Cerebras Systems stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 4 items with data read as supportive (fair value, smart money and earnings risk), 1 as mixed (gekkoindex). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in Cerebras Systems?
Gekko flagged 7 unusual options signals in Cerebras Systems over the last 30 days, with $30.89M of flagged premium in calls and $1.19M in puts. The latest, bullish flow, was on Sep 19, 2026 with $5.24M in unusual premium. The signal-by-signal table is in Gekko.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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