Cerebras Systems Inc. (NASDAQ:CBRS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Posted by Stanley Muller on Jul 8th, 2026

Shares of Cerebras Systems Inc. (NASDAQ:CBRS – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $299.30.

CBRS has been the subject of several research analyst reports. Craig Hallum began coverage on shares of Cerebras Systems in a research report on Monday, June 8th. They issued a “buy” rating and a $325.00 price target for the company. UBS Group lifted their price objective on shares of Cerebras Systems from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Wall Street Zen raised shares of Cerebras Systems from a “strong sell” rating to a “sell” rating in a research note on Sunday, June 21st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $300.00 target price on shares of Cerebras Systems in a research report on Wednesday, June 24th. Finally, TD Cowen began coverage on Cerebras Systems in a report on Monday, June 8th. They set a “buy” rating and a $275.00 price target on the stock.

View Our Latest Stock Report on Cerebras Systems

Cerebras Systems Stock Down 8.0%

NASDAQ CBRS opened at $176.61 on Friday. Cerebras Systems has a 12 month low of $160.81 and a 12 month high of $386.34.

Cerebras Systems (NASDAQ:CBRS – Get Free Report) last announced its earnings results on Tuesday, June 23rd. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.10. The firm had revenue of $193.41 million for the quarter, compared to the consensus estimate of $180.70 million.

Insider Activity at Cerebras Systems

In other Cerebras Systems news, CTO Sean Lie sold 10,033 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $170.07, for a total value of $1,706,312.31. Following the transaction, the chief technology officer owned 10,033 shares in the company, valued at $1,706,312.31. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Yagnesh Patel sold 6,079 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $171.53, for a total value of $1,042,730.87. Following the completion of the transaction, the chief accounting officer owned 4,000 shares in the company, valued at $686,120. This represents a 60.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 117,547 shares of company stock valued at $20,676,799.

Cerebras Systems Company Profile

(Get Free Report)

Cerebras Systems is a technology company focused on building artificial intelligence infrastructure, including hardware and software designed to accelerate deep learning and large-scale AI workloads. The company is best known for its wafer-scale processor architecture, which is intended to provide high-performance compute for training and inference applications.

In addition to its AI chips, Cerebras offers systems and related software tools that support researchers and enterprises working with machine learning models.