Cerebras Systems Inc. (NASDAQ:CBRS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Posted by Brian Himes on Aug 22nd, 2026

Cerebras Systems Inc. (NASDAQ:CBRS – Get Free Report) has earned an average rating of “Moderate Buy” from the thirteen brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $299.90.

Several brokerages have recently weighed in on CBRS. Zacks Research upgraded shares of Cerebras Systems to a “hold” rating in a research report on Tuesday, June 9th. Wedbush increased their price target on shares of Cerebras Systems from $280.00 to $290.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Needham & Company LLC restated a “buy” rating and set a $300.00 price target on shares of Cerebras Systems in a research note on Wednesday. UBS Group lifted their price objective on Cerebras Systems from $320.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Finally, Barclays initiated coverage on Cerebras Systems in a research note on Monday, June 8th. They issued an “overweight” rating and a $280.00 price objective on the stock.

Check Out Our Latest Research Report on CBRS

Insiders Place Their Bets

In other Cerebras Systems news, CEO Andrew D. Feldman sold 26,644 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $222.22, for a total value of $5,920,829.68. Following the transaction, the chief executive officer directly owned 66,853 shares of the company’s stock, valued at approximately $14,856,073.66. This trade represents a 28.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Steven Vassallo sold 50,000 shares of Cerebras Systems stock in a transaction on Friday, August 14th. The stock was sold at an average price of $218.18, for a total transaction of $10,909,000.00. Following the sale, the director directly owned 49,599 shares of the company’s stock, valued at $10,821,509.82. This represents a 50.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,053,719 shares of company stock valued at $218,628,280 over the last three months.

Institutional Investors Weigh In On Cerebras Systems

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CBRS. Tiger Pacific Capital LP acquired a new position in Cerebras Systems in the second quarter valued at about $221,000. TD Waterhouse Canada Inc. acquired a new position in shares of Cerebras Systems during the 2nd quarter worth about $630,000. Proficio Capital Partners LLC bought a new stake in shares of Cerebras Systems in the 2nd quarter valued at about $1,383,000. Knollwood Investment Advisory LLC bought a new stake in shares of Cerebras Systems in the 2nd quarter valued at about $4,576,000. Finally, Ratan Capital Management LP acquired a new stake in shares of Cerebras Systems in the 2nd quarter valued at approximately $4,641,000.

Cerebras Systems Price Performance

Shares of CBRS stock opened at $196.13 on Friday. Cerebras Systems has a one year low of $160.81 and a one year high of $386.34. The business has a fifty day moving average price of $208.25.

Cerebras Systems (NASDAQ:CBRS – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported ($2.98) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($2.77). The business had revenue of $209.87 million for the quarter. The business’s revenue for the quarter was up 74.3% on a year-over-year basis. As a group, sell-side analysts predict that Cerebras Systems will post -0.52 earnings per share for the current fiscal year.

More Cerebras Systems News

Here are the key news stories impacting Cerebras Systems this week:

Positive Sentiment: Cerebras’ new CS-4 accelerator is being promoted as a high-performance, power-efficient solution for AI inference, potentially helping the company compete with NVIDIA and AMD as demand for cloud-based AI computing expands. The performance claims still require broader customer validation. CS-4 and competition article
Positive Sentiment: Cerebras partnered with Callosum to provide ultra-low-latency, heterogeneous AI inference for agentic applications. The agreement could expand Cerebras’ commercial reach in real-time AI workloads. Cerebras and Callosum partnership
Positive Sentiment: Rosenblatt Securities and Needham & Company reiterated “Buy” ratings, with reported price targets near $300. The positive analyst view reflects optimism about Cerebras’ AI infrastructure growth, though it has not offset near-term selling pressure. Rosenblatt rating Needham rating
Positive Sentiment: Call-option activity was about 42% above normal, indicating that some traders are positioning for a rebound or further upside. CBRS options activity
Neutral Sentiment: Cerebras generated $209.9 million in quarterly revenue, up 74.3% year over year, but the growth has yet to translate into profitability. Investors are focused on whether CS-4 demand can improve margins and earnings.
Negative Sentiment: Senior executives sold roughly $20.3 million of CBRS stock in transactions dated August 18, including sales by the CEO, COO, CTO and CAO. The filings state the shares were sold to cover tax withholding related to vested equity awards, reducing the bearish signal, but the scale of the transactions may still weigh on sentiment.
Negative Sentiment: The company’s latest quarterly loss of $2.98 per share was far worse than the expected $0.21 loss. The large earnings miss, despite rapid revenue growth, raises concerns about execution, cash usage and the stock’s elevated valuation.

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.