Cerebras Systems Inc. (CBRS) Stock Analysis — Fair Value, Risk & Moat Rating
NMS · Technology · Semiconductors
Is Cerebras Systems Inc. a safe investment right now?
As of Aug 13, 2026, our estimated fair value (intrinsic value) for Cerebras Systems Inc. (CBRS) stock is $292.00, versus a market price of $218.98 — Watch — Analyst Anchor. Analyst Consensus (11 analysts) — EPS model not applicable at negative earnings.
Cerebras Systems Inc.'s Altman Z-Score of 10.64 places it in the safe zone. Our fair value estimate is $292.00 (Watch — Analyst Anchor). Moat rating: 2.9/5 stars.
Cerebras Systems Inc. is part of the AI Chips, Semi Equipment & Servers group in our AI coverage — compare its fair value against every other AI, cloud, and quantum stock through a value investing lens.
Could Cerebras Systems Inc. go bankrupt? Altman Z-Score analysis
Z-Score of 10.64 is above 3.0, indicating the company is financially healthy by this metric.
- Below 1.8 — Distress Zone (high bankruptcy risk)
- 1.8 to 3.0 — Gray Zone (elevated uncertainty)
- Above 3.0 — Safe Zone (financially healthy)
What drives CBRS's Z-Score?
| Component | Formula | Value | Weight | Contribution |
|---|---|---|---|---|
| A · Working Capital / Total Assets | WC / TA | 0.3543 | 1.2 | 0.43 |
| B · Retained Earnings / Total Assets | RE / TA | -0.3892 | 1.4 | -0.54 |
| C · EBIT / Total Assets | EBIT / TA | -0.0624 | 3.3 | -0.21 |
| D · Market Cap / Total Liabilities | MCap / TL | 17.9096 | 0.6 | 10.75 |
| E · Revenue / Total Assets | Rev / TA | 0.2193 | 1.0 | 0.22 |
How has CBRS's financial health changed over time?
| Year | Z-Score | Zone |
|---|---|---|
| 2022 | 38.06 | Safe |
| 2023 | 34.91 | Safe |
| 2024 | 13.37 | Safe |
| 2025 | 10.64 | Safe |
Source: Calculated from CBRS's latest 10-K filing on SEC EDGAR.
Cerebras Systems Inc. Fair Value & Intrinsic Value — What Is It Actually Worth?
How we calculated this
| Input | Value | Source |
|---|---|---|
| Predicted EPS (α) | $0.00 | Proprietary blend of reported actuals + analyst consensus, weighted by α |
| Trailing P/E | 0.0x | Current market pricing |
| Fair P/E (β discount) | 0.0x | Trailing PE adjusted by value discount factor β, hard-capped |
| Earnings Trend (γ) | N/A | Directional signal: predicted vs trailing EPS |
Wall Street Reference: Analyst consensus target price is $292.00 (11 analysts). This is shown for reference only and is not used in our valuation model.
Source: Earnings data from SEC EDGAR filings. Market data via Yahoo Finance.
Does Cerebras Systems Inc. have a durable competitive advantage?
Moat rating: 2.9/5.
What makes up CBRS's moat score?
ROIC Stability
ROIC variability over the past decade. Score: 2/5.
Gross Margin Trend
Gross margin trajectory over the past decade. Score: 4/5.
Switching Costs
Estimated customer lock-in based on margin level. Score: 3/5.
How stable is CBRS's return on invested capital?
| Year | ROIC | Trend |
|---|---|---|
| 2022 | -68.9% | — |
| 2023 | -78.4% | Declining |
| 2024 | -175.1% | Declining |
| 2025 | -9.0% | Rising |
Source: ROIC calculated from SEC EDGAR filings.
Is Cerebras Systems Inc.'s dividend safe?
Cerebras Systems Inc.'s key financial metrics
| Metric | Latest | 1Y Ago | 3Y Ago | Trend |
|---|---|---|---|---|
| Revenue | $0.5B | $0.3B | $0.0B | Rising |
| Net Income | $0.2B | −$0.5B | −$0.2B | Rising |
| Free Cash Flow | −$0.4B | $0.4B | −$0.2B | Declining |
| Gross Margin | 39.0% | 42.3% | 11.7% | Rising |
Recent events that affect our CBRS analysis
CBRS earnings report scheduled
Upcoming report. Consensus EPS estimate: $-0.18. Revenue estimate: $193.6M. Our current Fair Value: $292.00 — a significant beat or miss could shift this estimate.
CBRS analyst consensus: 91% bullish (10 of 11 analysts)
3 Strong Buy, 7 Buy, 1 Hold, 0 Sell, 0 Strong Sell. Consensus target: $292.00 (33.3% upside). Compare with our independent Fair Value: $292.00.
CBRS beat EPS estimates by 74.6%
Reported EPS: $-0.05 vs estimate $-0.18. Earnings strength supports our Fair Value of $292.00 (33.3% above current price).
CBRS filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
CBRS filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
CBRS filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
CBRS beat EPS estimates by 74.0%
Reported EPS: $-0.04 vs estimate $-0.15. Earnings strength supports our Fair Value of $292.00 (33.3% above current price).
CBRS filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
CBRS filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
Common questions about Cerebras Systems Inc.
What is Cerebras Systems Inc. stock price today?
Cerebras Systems Inc. (CBRS) stock price is $218.98 as of the latest market close, traded on the NASDAQ exchange.
What does Cerebras Systems Inc. do?
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.
What is Cerebras Systems Inc. market cap?
Cerebras Systems Inc. has a market capitalization of $52.02B, classifying it as a large-cap stock in the Technology sector.
What sector and industry is CBRS in?
Cerebras Systems Inc. operates in the Technology sector, specifically within the Semiconductors industry. It trades on the NASDAQ under the ticker symbol CBRS.
Is CBRS stock overvalued or undervalued?
Based on our valuation model, Cerebras Systems Inc. trades 25.0% below our fair value estimate — potentially undervalued.
- FairValueLabs Fair Value: $292.00
- Current Price: $218.98
- Valuation Zone: Watch — Analyst Anchor
What is CBRS stock forecast and analyst target price?
Based on 11 Wall Street analysts, the consensus price target for Cerebras Systems Inc. is $292.00, implying upside of 33.3% from the current price.
- Analyst High Target: $340.00
- Analyst Low Target: $209.00
Note: Analyst targets are shown for reference and are not used in our valuation model.
Is Cerebras Systems Inc. revenue and earnings growing?
Here are the analyst consensus growth estimates for Cerebras Systems Inc.:
- Revenue growth (current year est.): nan%
- EPS growth (current year est.): nan%
- Revenue growth (next year est.): 236.0%
- EPS growth (next year est.): 203.0%
What are Cerebras Systems Inc.'s key financial metrics?
| Metric | Latest | Trend |
|---|---|---|
| Revenue | $0.5B | Rising |
| Net Income | $0.2B | Rising |
| Free Cash Flow | −$0.4B | Declining |
| Gross Margin | 39.0% | Rising |
What is CBRS's P/E ratio?
The price-to-earnings ratio measures how much investors pay per dollar of earnings:
- Forward P/E (next 12 months est.): 168.8x
How volatile is CBRS stock?
Cerebras Systems Inc. has a beta of 1.00, meaning it is roughly in line with overall market volatility. A beta above 1.0 indicates higher price swings relative to the S&P 500, while below 1.0 suggests more stability.
How much cash and debt does Cerebras Systems Inc. have?
Cerebras Systems Inc.'s balance sheet shows:
- Total Cash: $7.92B
- Total Debt: $1.49B
- Net Cash Position: $6.43B
A positive net cash position means the company holds more cash than debt, reducing financial risk.
Does Cerebras Systems Inc. pay a dividend?
Cerebras Systems Inc. does not currently pay a regular dividend to shareholders. The company may be reinvesting all profits back into growth, or it may have suspended its dividend.
Is Cerebras Systems Inc. at risk of going bankrupt?
Cerebras Systems Inc.'s Altman Z-Score is 10.64, placing it in the safe zone (above 3.0) — bankruptcy risk is low. The Z-Score uses five balance sheet ratios to predict bankruptcy probability within two years.
Does Cerebras Systems Inc. have a durable competitive advantage?
Cerebras Systems Inc. scores 2.9/5 stars (Narrow moat · eroding) in our moat analysis:
- ROIC Stability: 2/5
- Gross Margin Trend: 4/5
- Switching Costs: 3/5
A score above 3.5 suggests meaningful pricing power and a defensible market position.
How do I buy CBRS stock?
CBRS shares can be purchased through any brokerage account that provides access to the NASDAQ. Common steps:
- Open an account with a broker (e.g., Fidelity, Schwab, Interactive Brokers)
- Search for ticker symbol CBRS
- Place a market or limit order for your desired number of shares
This is not investment advice. Always do your own research before buying any stock.
Is CBRS a value stock or speculative?
FairValueLabs classifies Cerebras Systems Inc. as Pure Speculation. It lacks the financial stability or valuation margin typically required for value investing. This stock is considered high risk.
Who is the CEO of Cerebras Systems Inc.?
The current CEO of Cerebras Systems Inc. is Mr. Andrew D. Feldman.
What is CBRS's earnings per share (EPS)?
Earnings per share measures the company's profit allocated to each outstanding share:
- Trailing EPS (last 12 months): $-4.65
- Forward EPS (next 12 months est.): $1.30
- Analyst consensus EPS (this year): $-0.94
- Analyst consensus EPS (next year): $0.97
Other Technology companies analyzed by FairValueLabs
FairValueLabs Disclaimer
All valuations, scores, ratings, and classifications on this page are produced by the FairValueLabs internal valuation system. They do not represent actual market value, guaranteed outcomes, or professional investment advice. These are analytical estimates for educational and research purposes only.
This is not financial advice. All data is sourced from SEC EDGAR public filings. Always consult a qualified financial advisor before making investment decisions.
Last updated: Aug 13, 2026. Data sources: SEC EDGAR (financial statements), Yahoo Finance (market data, analyst consensus). Data may not reflect the most recent quarter.
CBRS analysis methodology: How we calculate fair value, Z-Scores, and moat ratings