Equity · Technology
Cerebras Systems Inc. (CBRS) perpetual futures
CBRS perpetual futures on 25 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade CBRSUSDT.
Cerebras Systems Inc. designs and manufactures an advanced AI compute platform featuring the Wafer-Scale Engine, serving data centers, hyperscalers, and enterprises globally.
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TradingView symbol NASDAQ:CBRS
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Trading data
Perpetual market activity
25/25 live markets
Trading data
Perpetual market activity
Spot performance
Venue matrix
25 markets
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| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | CBRS/USDT | Trading | $103.14 | 0.0% APR 0.000% every 8h | +2.0 bps | $481.9K | $164.2M | $10.5M | USDT | - | |
 Hyperliquid HIP-3 | Trade | xyz:CBRS | Trading | $102.78 | +2.6% APR +0.00029% every 1h | +1.0 bps | - | $57.7M | $21.8M | USDC | 10x | |
 Gate.io | Trade | CBRS/USDT | Trading | $102.80 | 0.0% APR 0.000% every 8h | +9.8 bps | $289.9K | $29.3M | $1.5M | USDT | 50x | |
 OKX | Trade | CBRS/USDT | Trading | $103.12 | 0.0% APR 0.000% every 8h | +1.0 bps | $231.4K | $27.4M | $2.5M | USDT | 20x | |
 Bybit | Trade | CBRS/USDT | Trading | $103.06 | 0.0% APR 0.000% every 8h | +5.9 bps | $575.8K | $26.9M | $3.7M | USDT | 25x | |
 Bitget | Trade | CBRS/USDT | Trading | $103.08 | 0.0% APR 0.000% every 8h | +7.8 bps | $800.3K | $14.5M | $2.6M | USDT | 20x | |
 MEXC | Trade | CBRS/USDT | Trading | $103.09 | 0.0% APR 0.000% every 8h | +2.0 bps | $784.8K | $6M | $2.1M | USDT | 25x | |
 Deribit | Trade | CBRS/USDC | Trading | $102.98 | -27.4% APR -0.025% every 8h | +3.9 bps | $695.9K | $2.7M | $343.3K | USDC | 10x | |
 KuCoin | Trade | CBRS/USDT | Trading | $102.86 | 0.0% APR 0.000% every 8h | +37.1 bps | $4.9K | $2.5M | $677.8K | USDT | 20x | |
 GRVT | Trade | CBRS/USDT | Trading | $103.01 | 0.0% APR 0.000% every 8h | +23.5 bps | $355.8K | $323.9K | $229.7 | USDT | - | |
 Crypto.com Exchange | Trade | CBRS/USD | Trading | $103.06 | -14.9% APR -0.00170% every 1h | +5.9 bps | $5.9K | $159.7K | $15.5K | USD | 50x | |
 BloFin | Trade | CBRS/USDT | Trading | $103.20 | +2.4% APR +0.00216% every 8h | +7.9 bps | $555.4K | $134.7K | $238.4K | USDT | 25x | |
 Extended | Trade | CBRS/USD | Trading | $102.93 | 0.0% APR 0.000% every 1h | +5.8 bps | - | $126.3K | $62.4K | USD | 10x | |
 Vest | Trade | CBRS/USDC | Trading | $102.84 | +5.0% APR +0.00057% every 1h | +37.2 bps | - | $88.4K | - | USDC | 10x | |
 HTX | Trade | CBRS/USDT | Trading | $103.03 | 0.0% APR 0.000% every 8h | +6.9 bps | $34.1M | $66.1K | $16.4K | USDT | - | |
 Orderly Network | Trade | CBRS/USDC | Trading | $102.82 | +11.0% APR +0.010% every 8h | - | no public depth feed | $49.6K | $9.4K | USDC | - | |
 Aevo | Trade | CBRS/USDC | Trading | $102.86 | +11.4% APR +0.00130% every 1h | +33.0 bps | $189.5K | $0 | $119.3 | USDC | 10x | |
 BingX | Trade | CBRS-USDT | Trading | $103.25 | -5.5% APR -0.00500% every 8h | +4.9 bps | $808.8K | $2.5M | - | USDT | - | |
 Aster | Trade | CBRSUSDT | Trading | $102.87 | 0.0% APR 0.000% every 8h | +15.7 bps | $162.9K | $2M | - | USDT | - | |
 XT.com | Trade | CBRS/USDT | Trading | $102.94 | 0.0% APR 0.000% every 8h | +2.9 bps | $246.4K | $1.2M | - | USDT | 25x | |
 Deepcoin | Trade | CBRS/USDT | Trading | $103.00 | -11.0% APR -0.010% every 8h | +1.0 bps | $138.9K | $104.3M⚠ | $1.5K | USDT | 25x | |
 LBank | Trade | CBRS/USDT | Trading | $102.97 | 0.0% APR 0.000% every 8h | +2.9 bps | $954.9K | $45.8M⚠ | $59.5K | USDT | 20x | |
 Ourbit | Trade | CBRS/USDT | Trading | $102.97 | 0.0% APR 0.000% every 8h | +2.9 bps | $1.1M | $18.8M⚠ | $147.9K | USDT | 25x | |
 Ondo Perps | Trade | CBRS/USD | Trading | $103.07 | - | +55.9 bps | $20.8K | $9.4M⚠ | $283.3K | USDC | 10x | |
 Bitunix | Trade | CBRS/USDT | Trading | $102.97 | +0.7% APR +0.00061% every 8h | +1.0 bps | $1.3M | $3.5M⚠ | $60.5K | USDT | 25x |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| CBRSBbStocks | $102.18 | -0.83% | $7.5M | $5.6M | BNB Smart Chain (BEP20) |
| rCBRSTokenized | $114.66 | +11.29% | $45k | $1.9M | Arbitrum |
| CBRSRobinhood | – | – | – | $278k | Robinhood Chain |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 19 of 25 venues absorb $10k · Typical cost: +8.8 bps – +17.3 bps
Too thin: Crypto.com Exchange, KuCoin
No fresh book data: Hyperliquid HIP-3, Extended, Vest, Orderly Network
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
CBRSTightest spread
CBRSHighest volume
CBRSFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketNext catalyst
Catalysts
Next catalyst
Catalysts
- 24h volume 4.0× its 7-day median across 25 venues
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6Company events
4Peer comparison
Similar listed perpsAnalysts
Price targets in USD| Consensus rating | Buy |
|---|---|
| Average 12-month price target | $289.25 |
| 12-month target range (low – high) | $190 – $330 |
| Ratings in the provider's consensus | 9 |
Price targets as of 2026-11-13
Analyst rating history
Ratings| Month | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| Nov 2026 | 3 | 8 | 0 | 0 | 0 |
| Oct 2026 | 3 | 8 | 1 | 0 | 0 |
| Sep 2026 | 3 | 7 | 1 | 0 | 0 |
| Aug 2026 | 3 | 7 | 1 | 0 | 0 |
| Jul 2026 | 3 | 7 | 1 | 0 | 0 |
| Jun 2026 | 3 | 7 | 1 | 0 | 0 |
Ownership
Institutional · 2026-Q3Reference market activity
CBRS-PERPPrice performance
11Insider activity
FY2026 Q4Insider transactions
25Cerebras CTO Sean Lie exercised options on 32,023 shares ($5.02-$5.48), which converted into 32,023 Class A shares, then sold 60,000 Class A shares at $113.92-$116.82 and gifted 18,000 Class A shares.
Director Eric Vishria acquired 59,126 Class A common shares of Cerebras Systems (CBRS) via J-Other (not an open-market purchase), holding 334,980 shares after the 2026-10-05 transaction.
Cerebras CEO and President Andrew D. Feldman reported one other acquisition of 159 Class A common shares at $0.00 on Oct 5, 2026, giving him 1,085 shares owned after the transaction.
Cerebras Systems director Susan Lior reported three other (J) transactions in Class A Common Stock on 2026-09-30: 1,198,489 shares disposed and 131,484 shares acquired, at $0.00.
Cerebras CFO Robert Patrick Komin Jr. sold 25,700 Class A shares on Sept 29, 2026 across 11 open-market trades at $201.22-$211.79, leaving 6,800 shares owned.
Filings
92 · Latest SEC filingsCerebras CTO Sean Lie exercised options on 32,023 shares ($5.02-$5.48), which converted into 32,023 Class A shares, then sold 60,000 Class A shares at $113.92-$116.82 and gifted 18,000 Class A shares.
Director Eric Vishria acquired 59,126 Class A common shares of Cerebras Systems (CBRS) via J-Other (not an open-market purchase), holding 334,980 shares after the 2026-10-05 transaction.
Cerebras CEO and President Andrew D. Feldman reported one other acquisition of 159 Class A common shares at $0.00 on Oct 5, 2026, giving him 1,085 shares owned after the transaction.
Cerebras Systems director Susan Lior reported three other (J) transactions in Class A Common Stock on 2026-09-30: 1,198,489 shares disposed and 131,484 shares acquired, at $0.00.
Cerebras COO Dhiraj Mallick exercised 276,000 options into Class B stock, converted all 276,000 into Class A shares, and sold 396,000 Class A shares at $194.91-$212.93.
Cerebras CFO Robert Patrick Komin Jr. sold 25,700 Class A shares on Sept 29, 2026 across 11 open-market trades at $201.22-$211.79, leaving 6,800 shares owned.
Cerebras Systems officer Yagnesh Patel (Chief Accounting Officer) sold 1,320 Class A common shares at $204.50 on 2026-09-28, leaving 15,356 shares owned.
Cerebras CTO Sean Lie exercised options on 120,000 Class B shares, converted them into 120,000 Class A shares, gifted 36,000 Class A shares, and sold 120,000 Class A shares for $204.50-$212.14 across nine trades.
Cerebras Systems director Susan Lior reported a Form 4: 451,118 Class A shares disposed and 49,492 Class A shares acquired via other transactions (J) on 2026-09-23, at $0.00. She held 6,490,711 Class A shares after the largest transaction.
Cerebras Systems director and CEO Andrew D. Feldman reported 120 Class A common shares acquired via a J-Other transaction at $0.00 on 2026-09-21, leaving 926 shares owned.
Director Eric Vishria acquired 44,507 Class A common shares of Cerebras Systems at $0.00 in an other (J) transaction on 2026-09-21, bringing holdings to 275,854 shares.
Director Susan Lior reported other transactions (code J) in Class A Common Stock: 451,115 shares disposed and 48,197 shares acquired across 3 transactions on 2026-09-15.
Cerebras Systems director Eric Vishria reported an other acquisition of 44,507 Class A Common Stock shares on 2026-09-08, leaving 231,347 shares owned.
Cerebras CEO Andrew D. Feldman exercised options on 37,441 shares, converted them into 37,441 Class A shares, sold 37,441 Class A shares at $199.18–$216.62 in 16 trades, and acquired 120 Class A shares.
Director Vassallo Steven sold 50,000 Class A Common shares in 3 open-market sales on 2026-09-04 at $209.81-$211.56, leaving 171,977 shares owned.
On Sep 4, 2026, the CTO exercised options for 46,141 Class B shares, which converted into 46,141 Class A shares. He gifted 16,038 and sold 53,460 Class A shares at $210.16 each.
Director Susan Lior disposed of 902,236 Class A shares and acquired 93,925 Class A shares through other transactions, as reported on Form 4.
On 2026-08-24, Benchmark AI Infrastructure Management Co., L.L.C., a 10% owner of Cerebras Systems, had 1 transaction of 0 shares at $0.00, resulting in 0 shares owned.
Director Vishria Eric received 44,507 shares of Class A Common Stock in a non-open-market transaction (code J) on 2026-08-24, now owning 186,840 shares.
Benchmark Capital converted 963.8K Class B shares into Class A, then disposed of the same amount via J-Other, leaving 0 Class A and retaining 8.86M Class B.
Director Vassallo Steven converted 1,224,187 Class B shares into Class A stock and had other non-purchase transactions (407,803 acquired, 18,155 disposed) on 2026-08-21.
Cerebras CEO Andrew Feldman exercised 237,559 options into Class B shares, converted them one-for-one into Class A, sold all 237,559 at $196.20–$210.21, and gifted 50,000 Class A shares; he also acquired 120 shares via J-Other.
Cerebras Systems 10% owner Foundation Capital reported converting 1,224,187 Class B shares into 1,224,187 Class A shares, plus other acquisitions of 306,087 Class A shares and dispositions of 18,155 Class A shares.
Director Susan Lior reported other (J) transactions in Cerebras Class A stock on 2026-08-19: 902,235 shares disposed and 93,202 shares acquired ($0.00 price), leaving 8,295,180 shares after the largest disposal.
CTO Sean Lie exercised options for 713,091 Class B shares, converted them to Class A, gifted 213,074, and sold 726,540 at $203.78-$212.64.
CFO Robert Patrick Komin Jr. converted 32,500 Class B shares into 32,500 Class A Common shares of Cerebras Systems on 2026-08-18.
Cerebras COO Dhiraj Mallick converted 158,889 Class B shares into 158,889 Class A shares and sold 38,889 Class A shares across 26 trades at $214.85-$240.01.
Cerebras Systems CTO Lie Sean converted 616,706 Class B shares into 616,706 Class A shares on 2026-08-18, then sold 21,257 Class A shares across 26 transactions at $214.85-$240.01.
On 2026-08-18, Foundation Capital converted 1,912,792 Class B shares into an equal number of Class A shares and reported other transactions involving 478,258 Class A shares acquired and 29,741 disposed.
Cerebras Systems officer Yagnesh Patel converted 6,250 Class B shares into 6,250 Class A shares and sold 4,574 Class A shares in 25 open-market trades at $215.67-$240.01.
Director Vassallo Steven converted 1,912,792 Class B shares into Class A common and had 637,594 additional Class A shares acquired via J-Other, with 29,741 Class A shares disposed, all at $0.00.
On 2026-08-17, Benchmark AI Infrastructure Management Co., L.L.C., a 10% owner of Cerebras Systems Inc., reported a zero-share transaction with no shares acquired or disposed.
Director Vishria Eric reported a non-market acquisition of 110,950 Class A shares and sold 68,268 shares at prices between $224.20 and $250.30 on August 17, 2026.
Benchmark Capital converted 2,402,352 Class B shares into Class A, then disposed of an equal number via J-Other, resulting in zero Class A holdings.
Cerebras CEO Andrew D. Feldman converted 93,497 Class B shares into 93,497 Class A shares, acquired 298 Class A shares via J-Other, and sold 26,644 Class A shares across 26 transactions at $214.85-$240.01.
Cerebras Systems 10% owner Foundation Capital reported converting 1.91M Class B shares into 1.91M Class A shares across six conversions, plus 451,253 Class A shares acquired and 449,885 disposed under J-Other. No open-market purchases or sales.
Cerebras director Steven Vassallo converted 1,912,792 Class B shares into 1,912,792 Class A shares, acquired 601,796 Class A shares via other transactions, transferred away 449,885 Class A shares, and sold 50,000 Class A shares at $216.38-$219.97.
Director Susan Lior filed a Form 4: 2.25M shares of Class A Common Stock were disposed and 224.6K shares acquired in non-open-market transactions at $0.00, all on 2026-08-14.
Benchmark Capital converted 2,157,802 Class B shares into an equal number of Class A shares, then disposed of all 2,157,802 Class A shares in an other-type (J) transaction, leaving 0 shares owned afterward.
Director Eric Vishria acquired 99,651 shares of Class A Common Stock on 2026-06-29 via a Form 4 'Other' (code J) transaction, bringing total ownership to 99,651 shares.
COO Dhiraj Mallick converted 10,000 Class B shares into 10,000 Class A shares, then sold all 10,000 Class A shares at $206.51, leaving no Class A shares owned afterward.
Andrew D. Feldman (CEO, President, Director) acquired 268 shares of Class A Common Stock via an 'Other' (J) transaction on 2026-06-29, bringing his total holdings to 268 shares.
COO Dhiraj Mallick sold 33,314 Class A shares of Cerebras Systems across 28 open-market transactions on June 25-26, 2026, at prices ranging from $161.46 to $187.90.
COO Dhiraj Mallick converted 69,445 Class B shares into 69,445 Class A shares, then sold 36,131 Class A shares across 29 trades at $162.24-$185.21.
Cerebras Systems CAO Yagnesh Patel converted 10,079 Class B shares into 10,079 Class A shares, then sold 6,079 Class A shares across 29 trades at prices from $162.45 to $189.36.
Cerebras CTO Sean Lie converted 10,033 Class B shares into 10,033 Class A common shares, then sold all 10,033 Class A shares in 16 trades at prices from $165.21 to $186.51.
Cerebras Systems CAO Yagnesh Patel was awarded 15,000 Class A shares, then sold 4,000 Class A shares across 15 transactions at prices ranging from $161.61 to $189.36.
CEO Andrew D. Feldman converted 17,990 Class B shares into 17,990 Class A shares, then sold all 17,990 Class A shares across 12 trades at prices from $169.07 to $184.73.
Director Susan Lior of Cerebras Systems reported Form 4 transactions on 2026-06-25: disposed 2,019,927 shares and acquired 133,948 Class A shares via code J (other), with no purchase price.
Director Susan Lior converted 13,466,197 Class B shares into the same number of Class A shares of Cerebras Systems.
Benchmark AI Infrastructure converted 2,527,646 Series H Preferred shares into the same number of Class B Common shares on 2026-05-15.
Benchmark Capital converted a total of 15,075,337 shares of preferred stock (Series A, B, C, D, E, G) into the same number of Class B common shares on 2026-05-15.
On May 15, 2026, a 10% owner converted preferred stock into 15,302,343 Class B common shares at $0.00 across 3 transactions.
On May 13-15, 2026, CTO Sean Lie disposed of 96,127 Class A shares via tax withholding, converted 180,600 Class B shares into Class A, and exercised options for 1,175,000 shares, receiving Class B shares in exchange.
Chief Accounting Officer converted 130,917 Class B shares to Class A (J-Other), then disposed of all 130,917 Class A shares (J-Other) and 19,083 Class A shares for tax withholding (F-InKind) at $185.
The CFO of Cerebras Systems reported a J-Other transaction converting 1,029,153 Class B shares and 18,248 stock options into 175,000 Class A shares, with options disposed at $5.48.
Director Elena A. Donio converted 33,701 Class B shares into Class A shares of Cerebras Systems, per a Form 4 filed on 2026-05-15.
Director Auvil Paul R. III converted 203,750 Class B shares into 203,750 Class A shares of Cerebras Systems, as reported in a Form 4 filing.
Director converted preferred stock (Series A–E) into 15,302,343 Class B common shares, with all preferred holdings disposed of.
COO Dhiraj Mallick exercised 1.27M options, converting 801,998 Class B into Class A shares, and had 491,091 shares withheld for taxes.
Director Susan Lior converted preferred stock into Class B common: 12.37M shares from Series A-F and 486.2K Series C disposed; also a J-Other exchange of 1.09M Class A for Class B. All at $0.00.
Transcripts
Earnings callsFY2026 Q12026-06-23
Earnings calls
AI summary
positiveCerebras delivered strong Q1 results with core revenue of $191.3M, up 92% year-over-year, driven by cloud services revenue growth of 167% as it deploys infrastructure for OpenAI (which signed a $20B+ multi-year commitment) and AWS (definitive agreement signed for disaggregated inference solution). The company maintains gross margin at 46.5% despite renting back capacity to fulfill near-term OpenAI demand, with data center capacity constraints—not supply—limiting growth through 2026.
Key takeaways
- OpenAI partnership: signed $20B+ multi-year commitment in December 2025; GPT 5.4 now running on Cerebras with GPT 5.5 in development; 35 days from contract signature to production deployment
- AWS partnership: definitive agreement completed this week for disaggregated inference solution combining AWS Trainium 3 (prefill) with Cerebras CS-3 (decode), expected to deliver order-of-magnitude faster speeds; AWS deployment expected to contribute in 2027
- Performance advantage: Cerebras claims 13x faster inference than leading GPU on Kimi trillion-parameter model; positions company as only vendor with 'fast inference' TAM opportunity across entire inference market
- Data center expansion: primary constraint is capacity, not silicon supply; adding data centers across North America, Europe, Middle East; renting back systems from existing customer G42 to serve OpenAI while building owned capacity
- Supply chain advantages: avoids HBM shortage by using SRAM; sidesteps CoWoS bottleneck; manufactures exclusively in U.S. with partnerships expanded to include Sanmina alongside Flextronics
Financial highlights
- Q1 2026 core revenue: $191.3M (+92% YoY); core cloud and services revenue: $79.8M (+167% YoY); core hardware revenue: $111.6M (+60% YoY)
- Core gross margin: 46.5% (vs. 42.1% prior year); cloud and services margin: 52.9%; hardware margin: 42%
- Core operating loss improved to $(3.5)M with $(2.1)% operating margin (vs. $(19.3)M loss and -19% margin in Q1 2025)
- Cash position: $3.3B (includes $6.4B raised in largest semiconductor IPO in history, plus prior $2B Series G/H and $850M credit facility)
Guidance
- Q2 2026: core revenue approximately $194M (88% YoY growth); core gross margin 36-38%; core operating margin (30-32)%
- Full year 2026: core revenue $855M-$865M (69% YoY growth at midpoint); core gross margin 38-41%; core operating margin (28-32)%
- Hardware revenue expected to decrease sequentially in next quarters as mix shifts toward cloud deployments; cloud margin expected to decline 10-15 percentage points due to renting third-party capacity, then recover toward 60%+ target
- AWS contribution expected in 2027; multiple disaggregated inference partnerships under exploration with GPU vendors; data center capacity coming online in Q3, Q4 2026 and through 2027
Q&A themes
- TAM and market positioning: management sees entire inference market addressable for fast inference; argues slow inference lacks market viability similar to dial-up internet; positioning fast tokens as premium but higher value despite higher per-token cost
- AWS partnership structure: AWS deploys in their own data centers (Trainium prefill + Cerebras decode); OpenAI has choice between cloud service or owning hardware in their own data centers based on portfolio capacity decisions
- Disaggregated solutions opportunity: multiple GPU vendors being explored as prefill partners; value capture split between vendor and Cerebras depends on traffic patterns and hyperscaler traffic routing capabilities; no vendor has yet deployed true disaggregated solution
- Capacity constraints: data centers are primary constraint on growth, not wafer supply or silicon availability; company seeking capacity from dozens of data center operators globally; renting existing customer capacity while building owned infrastructure
Risks
- Data center capacity and power availability are severe constraints limiting growth rate; company dependent on successful execution of data center build-outs in competitive environment
- Gross margin pressure expected through rest of 2026 due to renting third-party capacity (10-15 percentage point decline) while deploying owned data centers; hardware margin expected to normalize back to low 30s as pricing incentives expire
- OpenAI customer concentration risk: largest customer can choose to deploy compute in own data centers rather than via cloud service, directly impacting future cloud revenue; AWS deployment not expected until 2027
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.- Cerebras Lifts Outlook as Cloud Revenue Surges in Third Quarter
- Cerebras raises annual sales forecast on strong AI-linked demand
- Oracle expands chip supply deal with Nvidia, adds Google and Cerebras offerings
- Cerebras to supply AI systems to cloud computing startup Gimlet Labs
- Cerebras launches new server chip and system designed to speed AI chatbots
Company data
Company intelligence
Updated: Nov 13, 2026, 02:01 PM UTC
Company data
Company intelligence
Company profile
- Sector
- Technology
- Industry
- Semiconductors
- Chief executive
- Andrew D. Feldman
- Employees
- 708
- IPO date
- May 14, 2026
- Country
- US
- Exchange
- NASDAQ Global Market
Rating factors
- Return on equityi
- 1/5
- Return on assetsi
- 1/5
- Debt to equityi
- 3/5
- Price to earningsi
- 1/5
- Price to booki
- 2/5
Company press releases
Market cap history
Not comparable with the headline: the provider's history counts about 375.91M shares, the headline 237.56M. Shown as the provider reports it. Shown from Nov 9, 2026: earlier points count a different number of shares and are left out.
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| FZAHX | 1.59% | 2.5M |
| SOXX | 0.98% | 2.3M |
| FSELX | 0.66% | 1.4M |
| ARKK | 2.57% | 1.1M |
| CGGR | 0.86% | 1.1M |
| VTI | 0.01% | 955K |
| SOXL | 0.66% | 772.9K |
| FSPTX | 0.4% | 682.3K |
| VO | 0.05% | 648.8K |
| VUG | 0.03% | 618.7K |
| FCNKX | 0.07% | 600.1K |
| VXF | 0.08% | 400.8K |
Analyst track record
How the analysts covering CBRS have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 33 | 33 |
| Analysts | 11 | 11 |
| Buy / hold / sell | 33 / 0 / 0 | 33 / 0 / 0 |
| Upgrades / downgrades / initiations | 1 / 0 / 2 | 1 / 0 / 2 |
| Price targets hit / missed | 0 / 31 (0%) | 0 / 31 (0%) |
| Avg. return after a rating (TipRanks) | -65.9% | -65.9% |
| Best / worst call | -45.1% / -71.3% | -45.1% / -71.3% |
After buy calls on this stock: median 21-day move -8.0% vs S&P 500 -7.1% (n = 31)
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Nov 13, 2026 | Matt BrysonWedbushNov 13, 2026 | BuyReiterated | $205↗ | article ↗ |
| Nov 13, 2026 | Atif MalikCitiNov 13, 2026 | BuyMaintained | $250↗ | article ↗ |
| Nov 13, 2026 | Vijay RakeshMizuho SecuritiesNov 13, 2026 | BuyMaintained | $240↗ | article ↗ |
| Nov 13, 2026 | Timothy ArcuriUBSNov 13, 2026 | BuyReiterated | $155↗ | article ↗ |
| Nov 9, 2026 | Joseph MooreMorgan StanleyNov 9, 2026 | BuyReiterated | $178↗ | article ↗ |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data · computed Nov 13, 2026 · 33 ratings
Frequently asked questions
Where can I trade CBRS perpetual futures?
Cerebras Systems Inc. (CBRS) perpetual futures trade on 25 crypto venues, including Binance, Deepcoin, Hyperliquid HIP-3. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade CBRS around the clock?
Yes. Unlike the underlying stock, CBRS perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on CBRS perpetuals?
Right now the CBRS perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +2.6% across 25 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the CBRS perp price compare to the Cerebras Systems Inc. stock?
The venue-median CBRS perp mark is $103 versus a reference stock price of $103, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a CBRS perpetual future?
A CBRS perpetual is a derivative that tracks the price of Cerebras Systems Inc. with no expiry date. It lets you take long or short exposure to Cerebras Systems Inc. on crypto venues, around the clock.
What is CBRSUSDT perpetual?
CBRSUSDT is the symbol most crypto exchanges use for the Cerebras Systems Inc. perpetual settled in USDT (Tether). It tracks the CBRS share price through an index, trades 24/7 with leverage and never expires.
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