Added to YB: 2026-08-19
Pitch date: 2026-08-17
CBRS [bullish]
Cerebras Systems Inc.
Author Info
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Company Info
Cerebras Systems Inc. operates as an artificial intelligence infrastructure company. It designs and manufactures an AI compute platform that comprises of proprietary systems and software that is delivered in racks for deployment in data centers up to supercomputer scale.
Market Cap
$52.0B
Pitch Price
N/A
Price Target
260.00
Dividend
N/A
EV/EBITDA
-144.69
P/E
-34.59
EV/Sales
66.97
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Cerebras Systems Inc. - $CBRS
CBRS: Buy, PT $260 (19% upside from $218). Wafer-scale WSE-3 delivers 10-20x faster decode inference vs GPUs; moat is speed. $24.6B backlog anchored by $20B+ OpenAI deal + AWS disaggregated pilot. Base case ~$10B 2029 rev at 9.5x EV/S. Risks: 44GB SRAM memory wall, KV cache, customer concentration (OpenAI), cloud-shift margin pressure (46%→37%), Nvidia/Groq decode competition. Trades 31x NTM EV/S, unprofitable.
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