Cerebras Systems Inc. (CBRS)
NASDAQ (NGS) NASDAQ (NGS) Primary 
Cerebras' First Post-IPO Earnings Beat Wall Street Projections. The Stock Is Falling Anyway
Cerebras beat Wall Street's estimates with its first report as a public company, but investors aren't cheering the results.
Cerebras Systems delivers revenue beat for first quarter, shares drop on margin worries
Cerebras Systems (NASDAQ:CBRS) shares fell 14% to about $194 on Tuesday after the artificial intelligence chipmaker reported better-than-expected first quarter results and raised its full-year revenue outlook, but forecast a sharp decline in gross margins for the current quarter. The company, which completed its initial public offering earlier this year, reported first-quarter GAAP revenue of $193.4 million and core revenue of $191.3 million, exceeding Wall Street expectations of about $181 million.
Cerebras: Contrarian Setup (Rating Upgrade)
Cerebras Systems Inc. delivered a strong Q1 earnings beat, with 94% Y/Y revenue growth and a top-line outlook above consensus. Despite robust demand and a $20B total OpenAI deal, CBRS shares dropped 14% post-earnings on weaker near-term margin guidance and heavy CapEx. I see the margin dip—Q2 gross margin guided at 36-38% vs. Q1's 47%—as temporary, with full-year margin expected to rebound to 38-41%.
Cerebras stock sinks as margin outlook overshadows AI deals
Cerebras Systems shares tumbled about 10% in premarket trading on Wednesday after the artificial intelligence chipmaker forecast lower profit margins for 2026. The outlook overshadowed better-than-expected quarterly results and highlights the costs of scaling its rapidly growing AI infrastructure business.
Cerebras sinks 14% as full-year margin forecast disappoints
Cerebras shares tumbled about 14% before the bell on Wednesday after the chip designer warned that annual profit margins would undershoot first-quarter figures in its debut earnings following a blockbuster initial public offering.
Cerebras reports 92% revenue growth in chipmaker's first earnings report since IPO
Cerebras reported financials for the first time since its IPO in May. The artificial intelligence chipmaker saw its stock pop out of the gate, but the shares are down 28% since then.
Cerebras stock: options pricing suggests Q1 earnings won't salvage it
A broader semiconductor sell-off is weighing on Cerebras Systems (CBRS) shares as the company warms up to report its quarterly earnings later today (after market close). While the Nasdaq-listed firm is widely regarded as “The Nvidia Challenger”, options traders aren't entirely convinced that the Q1 print will help it reclaim some of its year-to-date losses in the days ahead.
AI Selling Overseas Reaches Pre-Market Futures
The tech-heavy Nasdaq, now falling to second-place in gains year-to-date behind the small-cap Russell 2000, has dumped -1100 points since the first hour of trading yesterday.
Cerebras Is Set to Report Its First Earnings Since Its IPO. Here's How Much the Stock Is Expected to Move
Cerebras Systems is set to report its first quarterly results as a public company after the closing bell Tuesday, with traders anticipating a big move in the AI chipmaker's stock.
Cerebras gets set for inaugural earnings with upside potential, Wedbush says
Cerebras Systems (NASDAQ:CBRS) is approaching its first earnings report as a public company with execution rather than demand as the key variable to watch, according to Wedbush analysts. Demand risk is "almost zero," according to Wedbush, given Cerebras's existing deals with OpenAI and Amazon, meaning results will largely reflect how well management delivers against its own targets.
CBRS Gears Up to Report Q1 Earnings: What's in Store for the Stock?
Cerebras Systems' Q1 results, scheduled to be reported on June 23, are likely to benefit from AI infrastructure demand, cloud growth and an AWS collaboration.
Cerebras Still Has Room To Run
Cerebras holds a $24.6 billion backlog, nearly 48 times FY25 revenue of $510 million, providing exceptional visibility. OpenAI and AWS commitments support projected revenue growth from $510 million in FY25 to $5.5 billion by FY28. Gross margins improved from 12% in 2022 to 39% in 2025, with further expansion potential through scale.
