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

Posted by Brian Himes on Sep 21st, 2026

Cerebras Systems Inc. (NASDAQ:CBRS – Get Free Report) has received an average recommendation of “Moderate Buy” from the thirteen analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $299.90.

CBRS has been the subject of several recent research reports. Needham & Company LLC reissued a “buy” rating and set a $300.00 price objective on shares of Cerebras Systems in a research report on Wednesday, August 19th. Morgan Stanley increased their price target on shares of Cerebras Systems from $273.00 to $279.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Rosenblatt Securities reissued a “buy” rating and set a $300.00 price target on shares of Cerebras Systems in a research report on Wednesday, August 19th. Citigroup dropped their price objective on shares of Cerebras Systems from $340.00 to $320.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. Finally, UBS Group upped their price objective on shares of Cerebras Systems from $320.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, August 13th.

Check Out Our Latest Analysis on CBRS

Insider Transactions at Cerebras Systems

In related news, CTO Sean Lie sold 53,460 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $210.16, for a total value of $11,235,153.60. Following the sale, the chief technology officer owned 345,569 shares in the company, valued at $72,624,781.04. This represents a 13.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Andrew Feldman sold 37,441 shares of Cerebras Systems stock in a transaction on Friday, September 4th. The shares were sold at an average price of $210.46, for a total value of $7,879,832.86. Following the transaction, the chief executive officer owned 16,853 shares of the company’s stock, valued at $3,546,882.38. The trade was a 68.96% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,432,179 shares of company stock worth $295,596,648.

Institutional Investors Weigh In On Cerebras Systems

Institutional investors and hedge funds have recently made changes to their positions in the company. Value Aligned Research Advisors LLC purchased a new stake in Cerebras Systems during the 2nd quarter valued at $241,934,000. Wellington Management Group LLP purchased a new position in shares of Cerebras Systems in the second quarter worth $194,853,000. Dragoneer Investment Group LLC purchased a new position in shares of Cerebras Systems in the second quarter worth $88,400,000. Montanova Capital LLC bought a new position in shares of Cerebras Systems during the second quarter valued at $37,990,000. Finally, Engineers Gate Manager LP purchased a new stake in shares of Cerebras Systems during the second quarter valued at $21,760,000.

Cerebras Systems Price Performance

Shares of NASDAQ:CBRS opened at $198.37 on Wednesday. The stock has a 50 day moving average price of $201.58. Cerebras Systems has a 52-week low of $160.81 and a 52-week high of $386.34.

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

Cerebras Systems Company Profile

(Get Free Report)

Cerebras Systems develops specialized computing systems and software for artificial intelligence (AI) and machine-learning workloads. The company’s technology is designed to accelerate the training and deployment of large AI models by combining high-performance processors, memory, networking and software into integrated computing platforms.

Its principal products include the Wafer-Scale Engine (WSE), a processor built on a single semiconductor wafer, and the CS-3 AI supercomputer, which is based on the company’s wafer-scale architecture.