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HomeIPOCerebras Systems Inc.

About

Cerebras Systems Inc.

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.

The company’s pioneering wafer-scale engine, a chip encompassing a silicon wafer, designed to enable higher performance and speeds than GPUs for the computational demands of inference, Generative AI, and other AI applications.

Cerebras Systems Inc. Overview

Ticker, listing venue and issuer profile

TickerCBRS
ExchangeNASDAQ
Statuslisted
SectorTechnology
IndustrySoftware - Infrastructure
CurrencyUSD
CIK Code2021728
CUSIP15675D103
ISINUS15675D1037

Offer & Key Dates

Pricing terms and IPO milestones

Price Range$150.00 - $160.00
Offer Price$185.00
Listing Price$350.00
Current Price$91.85
Vs IPO price-50.35%

Change from offer price to today

Shares Offered30M
Shares Outstanding219.61M
Offer Size$5.55B
Market Cap$52.05B
Filing Date--
Priced DateMay 14, 2026
Listed DateMay 14, 2026

Live Market Snapshot

Real-time price; headline % change is vs first trade (listing price)

$236.99-73.76% All time

USD · NASDAQ:NASDAQ:CBRS

Open$247.12
High$251.35
Low$232.56
Volume4,350,091
52W High$386.34
52W Low$232.56
Market Cap$52.05B
Enterprise Value--

Valuation & Multiples

Key valuation ratios and metrics

P / E214.47
P / Book--
P / Sales102.38
EV / EBITDA--
EPS1.11
Revenue / Share (TTM)2.37
Revenue$509.99M
Net Income$87.88M

Financial Health

Balance sheet strength and liquidity

Total Debt$261.82M
Total Assets$2.33B
Cash$930.38M
Free Cash Flow--
Current Ratio2.15
Quick Ratio2.06
Debt / Equity0.19
CapEx--

Profitability & Returns

Margins and return on capital

Gross Margin39.03%
Operating Margin-28.60%
Net Margin46.63%
Return on Equity38.42%
Return on Assets13.83%
ROIC32.11%
EBITDA--
Gross Profit$177.32M

Financial Highlights

Historical financial performance

Historical Data

Market history and supplemental quote data

DateOpenHighLowCloseAdj. CloseChangeVolume
2026-05-29$247.12$251.35$232.56$236.99$236.99-10.134,342,400
2026-05-28$260.95$268.78$241.53$242.59$242.59-18.365,692,300
2026-05-27$243.86$269.39$243.03$266.90$266.90+23.046,523,000
2026-05-26$260.00$262.29$236.10$241.71$241.71-18.298,180,300
2026-05-22$285.00$285.00$250.27$256.78$256.78-28.2211,783,800
2026-05-21$293.70$294.00$275.42$281.86$281.86-11.845,448,100
2026-05-20$317.53$338.33$284.25$290.69$290.69-26.8412,851,700
2026-05-19$292.17$333.99$286.15$303.63$303.63+11.4610,379,500
2026-05-18$291.55$303.66$272.24$296.65$296.65+5.1010,158,400
2026-05-15$298.49$306.78$275.00$279.72$279.72-18.7717,119,200
2026-05-14$350.00$386.34$300.00$311.07$311.07-38.9333,497,900

SEC Filings

Official documents from SEC EDGAR

FormFiling DateDocument
SCHEDULE 13DMay 22, 2026Filing
SCHEDULE 13GMay 22, 2026Filing
8-KMay 15, 2026Current Report
424B4May 14, 2026Prospectus
S-8May 14, 2026Securities to be offered to employees in employee benefit plans
S-8May 14, 2026Securities to be offered to employees in employee benefit plans
EFFECTMay 13, 2026Notice of Effectiveness
CERTMay 13, 2026Certification by an exchange approving securities for listing
8-A12BMay 11, 2026Registration of securities
S-1/AMay 11, 2026[Amend] General form for registration of securities under the Securities Act of 1933

Company Info

Contact and headquarters details

Websitehttps://www.cerebras.ai
HeadquartersUnited States
Founded2016
Employees708
Phone(650) 933-4980
Address1237 East Arques AvenueSunnyvale, California 94085United States

Leadership

Key executives and officers

AD

Andrew D. Feldman

Chief Executive Officer, President, and Director

RK

Robert Komin

Chief Financial Officer

DM

Dhiraj Mallick

Chief Operating Officer

PA

Paul Auvil

Director

GD

Glenda Dorchak

Director

TL

Thomas Lantzsch

Director

LS

Lior Susan

Director

SV

Steve Vassallo

Director

EV

Eric Vishria

Director

Cerebras Systems Inc. IPO - FAQs

The current price of CBRS is 236.99 USD — it has decreased by −2.31% in the past 24 hours. Watch Cerebras Systems Inc. stock price performance more closely on the chart.









Quick Facts

Exchange
NASDAQ
Ticker
CBRS
Deal Type
IPO
Offer Size
$5.55B
Market Cap
$52.05B
Shares Offered
30M

Company Info

Website
https://www.cerebras.ai
Headquarters
United States
Founded
2016
Employees
708
Phone
(650) 933-4980
Address
1237 East Arques AvenueSunnyvale, California 94085United States
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Cerebras Systems Inc.

Cerebras Systems Inc.

CBRSNASDAQ
listed
$91.85-73.76% All time

USD · NASDAQ:CBRS

Issue Size

$5.55B

Price Range

$150.00 - $160.00

Shares

219.61M o/s · 30M offered

Listing Price

$350.00

Listing date

May 14, 2026

Sector

Technology