Weekly Analysts’ Ratings Updates for Cerebras Systems (CBRS)

Several brokerages have updated their recommendations and price targets on shares of Cerebras Systems (NASDAQ: CBRS) in the last few weeks:

  • 8/15/2026 – Cerebras Systems was upgraded by Wall Street Zen from “sell” to “hold”.
  • 8/13/2026 – Cerebras Systems is now covered by Weiss Ratings. They set a “sell (d)” rating on the stock.
  • 8/13/2026 – Cerebras Systems had its price target raised by Morgan Stanley from $273.00 to $279.00. They now have an “overweight” rating on the stock.
  • 8/13/2026 – Cerebras Systems had its price target lowered by Citigroup Inc. from $340.00 to $320.00. They now have a “buy” rating on the stock.
  • 8/13/2026 – Cerebras Systems had its price target raised by UBS Group AG from $320.00 to $330.00. They now have a “buy” rating on the stock.
  • 8/13/2026 – Cerebras Systems had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $300.00 price target on the stock.
  • 8/13/2026 – Cerebras Systems had its price target raised by Wedbush from $280.00 to $290.00. They now have an “outperform” rating on the stock.
  • 8/13/2026 – Cerebras Systems had its price target lowered by Mizuho from $310.00 to $300.00. They now have an “outperform” rating on the stock.
  • 8/13/2026 – Cerebras Systems had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $300.00 price target on the stock.
  • 7/27/2026 – Cerebras Systems had its price target raised by Mizuho from $300.00 to $310.00. They now have an “outperform” rating on the stock.
  • 6/29/2026 – Cerebras Systems was upgraded by Freedom Capital to “hold”.
  • 6/24/2026 – Cerebras Systems had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $300.00 price target on the stock.
  • 6/24/2026 – Cerebras Systems had its price target raised by UBS Group AG from $300.00 to $320.00. They now have a “buy” rating on the stock.
  • 6/24/2026 – Cerebras Systems had its price target raised by Morgan Stanley from $250.00 to $273.00. They now have an “overweight” rating on the stock.
  • 6/24/2026 – Cerebras Systems had its price target raised by Wedbush from $270.00 to $280.00. They now have an “outperform” rating on the stock.
  • 6/24/2026 – Cerebras Systems had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $300.00 price target on the stock.
  • 6/21/2026 – Cerebras Systems was upgraded by Wall Street Zen from “strong sell” to “sell”.

Insider Activity at Cerebras Systems

In other news, COO Dhiraj Mallick sold 36,131 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $169.28, for a total value of $6,116,255.68. Following the completion of the transaction, the chief operating officer owned 33,314 shares of the company’s stock, valued at approximately $5,639,393.92. This represents a 52.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $171.53, for a total value of $1,042,730.87. Following the transaction, the chief accounting officer directly owned 4,000 shares of the company’s stock, 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. Insiders sold 117,547 shares of company stock valued at $20,676,799 in the last three months.

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.

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