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
Nov 4 close
$91.85−5.97 (−6.1%)
Gekko Brief
AI summaryNov 4 closeCerebras Systems fell this week after a short-seller report from Culper Research and whispers that its biggest customer had departed sent shares below $100 to a record low. UBS revisited its price target following the slide, and Block & Leviton announced an investigation into the company for possible securities law violations. Separately, Cerebras continues to expand its AI inference footprint through partnerships with Oracle and AWS, positioning against NVIDIA and Advanced Micro Devices, while Q3 consensus stands at $214.7 million in revenue with a $0.14 EPS loss and increasingly positive estimate revisions.
CBRS closed at $91.85, down 6.1% on the day, with a 1-month return of -48.1% and a 3-month return of -56.5%, trading near its 52-week low of $90.28 and well under its 50-day moving average of $163.23. The GekkoIndex reads 69.3, placing the stock in the Accumulation zone, down 1.8 points over five days. Gekko Fair Value stands at $199.5, putting price 54% below that mark.
Cerebras next reports earnings on 12 November 2026, seven days out and inside a typical 20-trading-day hold; its last report beat estimates with a -$0.04 actual versus a -$0.21 estimate, moving shares -1.6%, against an average absolute reaction of 10.2%. Over the last 30 days there has been 1 unusual options signal, with call premium of $1,980,675 against put premium of $47,188. All 10 covering analysts rate the stock Buy, with a consensus target of $275.27.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
Cerebras Systems price vs fair value
Close $91.85Gekko Fair Value $199.50
Cerebras Systems quick facts
- Market cap
- $20.81B
- P/E ratio
- —
- Forward P/E
- 108.7
- EPS, TTM
- −$5.14
- Revenue, TTM
- $680.7M
- Profit margin
- -75.3%
- Dividend yield
- —
- Beta
- —
- Volume
- 10.07M avg 10.65M
- 1-year return
- —
- Typical daily move
- ±11.1%
- Typical 20-day move
- ±14.5%
- 50-day average
- $163.23
- 200-day average
- —
- Next earnings
- Nov 12
- Shares outstanding
- 112.2M
Cerebras Systems swing-trade checklist
Cerebras Systems scores 3 supportive, 0 mixed and 1 headwind across the 4 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive0 mixed1 headwind
- Trendno data
No data
Not enough price history for both moving averages.
See the chart - GekkoIndexsupportive
69.3, Accumulation
Reading 69.3 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
54.0% below
Price is 54% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 1 unusual options signal.
See smart money - Earnings riskheadwind
Reports in 7 days
Reports on Nov 12, 2026, 7 days away — inside 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 $91.85 on Nov 4, 2026, inside a 52-week range of $90.28 to $386.34.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −48.1%
- 3 months
- −56.5%
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
Put CBRS on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Track CBRS in GekkoFree for 7 days. No credit card required.
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 69.3, in the Accumulation zone, down 1.8 points over five sessions.
69.3Accumulation
Down 1.8 points over five sessions, from the Buying zone.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 28 | −5.3% | −12.2% | ||
| Accumulation (current zone) | 50 | −1.3% | −0.3% | ||
| Neutral | 34 | −4.7% | −20.9% | ||
| 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, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. 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 54.0% below Gekko Fair Value of $199.50, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Cerebras Systems shares are worth, recalculated every trading day.
$199.50
Gekko Fair Value, Nov 4, 2026
54.0% Undervalued
At the end of Sep 2026 the price was 18.4% below the estimate.
Gekko Fair ValueShare price, month end
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
- 2.00%
From company filings.
Unusual options activity last 30 days
1signal, 98% of the flagged premium in calls.
Latest: Bullish flow on Oct 16, $2.03M 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 (7 days away), and beat the EPS estimate in 2 of its last 2 reports.
Next earnings report
Nov 12, 2026
7 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% |
| Apr 17, 2026 | −$0.12 | $171.4M | — |
“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 $275.27, +199.7% from the last close, from 10 firms rating the stock in the last 90 days.
$275.27consensus 12-month target, +199.7% from the last close
Now $91.85Avg $275.27
Low $209High $320
Each firm’s latest rating in the last 90 days: 10 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Nov 2 | UBS | $250 | +172.2% |
| Oct 5 | Barclays | $280 | +204.8% |
| Oct 4 | Mizuho Securities | $300 | +226.6% |
| Oct 2 | Freedom Capital Markets | $209 | +127.5% |
| Aug 27 | Mizuho Securities | $300 | +226.6% |
−0.3%average 20-day move after past Accumulation readings
±11.1%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 $20.81B and revenue of $680.7M over the last twelve months.
Valuation
- Market cap
- $20.81B
- Forward P/E
- 108.7
- EPS, TTM
- −$5.14
- Gekko Fair Value
- $199.50
Trading
- Volume
- 10.07M
- Avg volume, 20 days
- 10.65M
- 52-week high
- $386.34
- 52-week low
- $90.28
- 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
- ±11.1%
- Typical 20-day move
- ±14.5%
Cerebras Systems stock news this week
Coverage of Cerebras Systems this week reads negative: 0 positive, 0 neutral and 3 negative headlines.
- Cerebras Systems Craters Again, Down Nearly 50% Year-to-Date: 240% Gains to Come According to This Wall Street Analyst24/7 Wall Street, Nov 3
- Cerebras: Q3 Could Validate The 2027 StorySeeking Alpha, Nov 3
- Cerebras Systems Inc. $CBRS Stock Bought by International Assets Investment Management LLCDefense World, Nov 3
- Cerebras Stock Hits All-Time Low: What's Happening?Benzinga, Nov 2
- Why Cerebras Systems Stock Is Plummeting TodayThe Motley Fool, Nov 2
- Bokf Na Makes New $1.97 Million Investment in Cerebras Systems Inc. $CBRSDefense World, Oct 31
Cerebras Systems stock FAQ
What is Cerebras Systems’s market cap?
Cerebras Systems’s market cap is $20.81B at the Nov 4, 2026 close of $91.85, with 112.2M shares outstanding.
What is the Cerebras Systems stock forecast?
The consensus analyst 12-month price target for Cerebras Systems is $275.27, +199.7% 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 Nov 4, 2026 close of $91.85 is 54.0% below Gekko Fair Value of $199.50. 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 (7 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 $90.28; it closed at $91.85 on Nov 4, 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 (gekkoindex, fair value and smart money) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in Cerebras Systems?
Gekko flagged 1 unusual options signal in Cerebras Systems over the last 30 days, with $1.98M of flagged premium in calls and $47K in puts. The latest, bullish flow, was on Oct 16, 2026 with $2.03M in unusual premium. The signal-by-signal table is in Gekko.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each 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 →
See Cerebras Systems the way Gekko members do
Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.
Join 1,460 other traders using Gekko
Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.