Cerebras Systems Inc reports results for the quarter ended March 31 - Earnings Summary
Cerebras Systems Inc reports results for the quarter ended March 31 - Earnings Summary
Cerebras Systems Inc CBRS.OQ reported a quarterly adjusted loss of 4 cents per share for the quarter ended March 31. The mean expectation of seven analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -21 cents to -14 cents per share.
Revenue was $191.35 million; analysts expected $181.59 million.
Cerebras Systems Inc's reported EPS for the quarter was a loss of 22 cents.
The company reported a quarterly loss of $14.01 million.
FORECAST CHANGES
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated hardware & software peer group is also "buy"
Wall Street's median 12-month price target for Cerebras Systems Inc is $300.00, about 25.2% above its last closing price of $224.43
This summary was machine generated from LSEG data June 23 at 09:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2026 | -0.16 | -0.04 | Beat |
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