Cerebras Systems Inc. (CBRS)

Cerebras Systems will go public soon. The estimated IPO date is May 14, 2026.
IPO Price
$185.00
Shares Offered
30,000,000
Deal Size
$5.55B
Chart not available yet
Data will show when the stock starts trading on May 14, 2026.
Market Cap39.82B
Revenue (ttm)509.99M +75.7%
Net Income290.25M
EPS1.35
Shares Out 215.23M
PE Ratio137.18
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About CBRS

Cerebras is an AI company. We design processors for AI training and inference. We build AI systems to power, cool, and feed the processors data. We develop software to link these systems together into industry-leading supercomputers that are simple to use, even for the most complicated AI work, using familiar ML frameworks like PyTorch. Customers use our supercomputers to train industry-leading models. We use these supercomputers to run inference at speeds unobtainable on alternative commercial technologies. We deliver these AI capabilities to ... [Read more]

Sector Technology
IPO Date May 14, 2026
Employees 401
Stock Exchange NASDAQ
Ticker Symbol CBRS
Full Company Profile

Financial Performance

Financial Statements

News

Cerebras's stock set for blast off, as early indications point to a near doubling

Cerebras's stock indicated to more than double when it starts trading.

2 hours ago - Market Watch

A Big AI IPO Is Arriving Today at a Hot Time For Tech. What Investors Need to Know

AI chipmaker Cerebras raised more than $5 billion after pricing its upsized IPO at $185, above its guided range of $150 to $160.

2 hours ago - Investopedia

5 Things to Know Before the Stock Market Opens

Stock futures are higher Thursday, putting the S&P 500 and Nasdaq on track for more record highs; President Trump and Chinese President Xi Jinping are through their first private meeting, where they r...

Other symbols: CSCODOCS
3 hours ago - Investopedia

Cerebras to Kick Off Hotly Anticipated Year for Artificial-Intelligence IPOs

The chip company raised its price target this week after strong demand from investors.

3 hours ago - WSJ

Cerebras Systems to Raise $5.55 Billion in Year's Largest U.S. IPO So Far

The company, which is backed by OpenAI's Sam Altman, priced its upsized offering of 30 million shares at $185.00 a share.

16 hours ago - WSJ

Cerebras Systems Announces Pricing of Initial Public Offering

SUNNYVALE, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Cerebras Systems Inc. (“Cerebras”) today announced the pricing of its initial public offering of an aggregate of 30,000,000 shares of its Class A co...

17 hours ago - GlobeNewsWire

Cerebras prices IPO at $185 per share to raise $5.55 billion, sources say

Cerebras Systems priced its U.S. initial public offering at $185 per ​share on Wednesday, above the top ‌end of its indicated price range, people familiar with the matter said.

18 hours ago - Reuters

Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami

Cerebras, a maker of artificial intelligence chips, raised at least $5.55 billion in its initial public offering. Enthusiasm has been building for the company's debut, which could be followed later th...

18 hours ago - CNBC

Cerebras's IPO will be fresh a test of investor excitement for AI infrastructure

The inference-chip maker could be valued at 100 times its revenue when it goes public on Thursday.

19 hours ago - Market Watch

Cerebras Systems eyes $49B valuation ahead of after-hours pricing

CNBC's Kristina Partsinevelos reports on news regarding Cerebras.

22 hours ago - CNBC Television

AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized IPO | Bloomberg Tech 5/11/2026

Bloomberg's Caroline Hyde and Ed Ludlow discuss Cerebras' increased IPO plans as the AI chipmaker and data center operator boosts its offering plans by one-third to as much as $4.8 billion. Plus, Circ...

2 days ago - Bloomberg Technology

Cerebras could be the next hot chip stock as demand swells ahead of its IPO

The IPO may be the largest of the year once it takes place later this week.

2 days ago - Market Watch

Cerebras Boosts IPO Price, Seeking to Raise $4.8 Billion

Cerebras Systems said it will offer 30 million shares in its planned initial public offering at a price of $150 to $160 a share, up from its previous plan to offer 28 million shares at a price of $115...

3 days ago - WSJ

These 3 Big AI IPOs Could Test Demand Before SpaceX Debuts

Cerebras Systems, Blackstone Digital Infrastructure Trust and Fervo Energy are poised to go public next week, giving investors an early read on appetite for AI-related IPOs.

Other symbols: FRVO
6 days ago - Barrons

There's Another AI-Powered IPO in the Works. Here's What You Should Know.

Artificial intelligence startups are coming soon—to a stock exchange near you.

7 days ago - Investopedia

OpenAI's cozy partner Cerebras is on track for a blockbuster IPO

In the long-running saga that is Cerebras Systems's IPO, the finish line is finally in sight. The AI chipmaker said on Monday that it is preparing to sell 28 million shares at $115 to $125 a share.

9 days ago - TechCrunch

AI chipmaker Cerebras targets $3.5 billion raise in IPO

Cerebras said it's looking to sell 28 million shares at $115 to $125 each in its initial public offering. The company would be worth as much as $26.6 billion, compared with $23 billion valuation as of...

10 days ago - CNBC

Cerebras Systems Announces Launch of Initial Public Offering

SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, Inc. (“Cerebras”) today announced that it plans to commence the roadshow for its proposed initial public offering of its Class A common stock. Cer...

10 days ago - Business Wire

AI chipmaker Cerebras targets $115-$125 share price in US IPO, source says

AI chipmaker Cerebras Systems, a rival to ​Nvidia NVDA.O, is scheduled to kick off its ‌IPO roadshow on Monday, with shares expected to be priced between $115 and $125, a source familiar with the matt...

10 days ago - Reuters

Cerebras Files for IPO Again. Its AI Chip Has Big Backers—and Big Risks.

Cerebras, the AI chip startup competing with Nvidia, filed to go public again, highlighting a $20 billion OpenAI contract alongside heavy customer concentration and lingering governance concerns.

24 days ago - Barrons

AI chip startup Cerebras files for IPO

Cerebras Systems, a startup building what CEO Andrew Feldman describes as “the fastest AI hardware for training and inference,” has filed to go public.

25 days ago - TechCrunch

Nvidia rival Cerebras is taking another swing at an IPO

The AI-chip company last filed to go public in late 2024 before scrapping its plans.

26 days ago - Market Watch

Cerebras, an A.I. Chip Maker, Files to Go Public as Tech Offerings Ramp Up

The Silicon Valley chip maker filed a prospectus just as SpaceX, Anthropic and OpenAI prepare for their own listings, in what is shaping up to be a wave of enormous initial public offerings.

26 days ago - NYTimes

Chip Startup Cerebras Files for Initial Public Offering

Cerebras Systems, the chip startup whose customers include OpenAI and Amazon, filed for an initial public offering.

26 days ago - WSJ

Cerebras Systems Announces Filing of Registration Statement for Proposed Initial Public Offering

SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems Inc. (“Cerebras”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) r...

26 days ago - Business Wire