Cerebras Systems (CBRS) – Investment Analysts’ Weekly Ratings Updates

Cerebras Systems (NASDAQ: CBRS) has recently received a number of price target changes and ratings updates:

• 6/24/2026 – Cerebras Systems had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $300.00 price target on the stock.
• 6/24/2026 – Cerebras Systems had its price target raised by UBS Group AG from $300.00 to $320.00. They now have a “buy” rating on the stock.
• 6/24/2026 – Cerebras Systems had its price target raised by Morgan Stanley from $250.00 to $273.00. They now have an “overweight” rating on the stock.
• 6/24/2026 – Cerebras Systems had its price target raised by Wedbush from $270.00 to $280.00. They now have an “outperform” rating on the stock.
• 6/24/2026 – Cerebras Systems had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $300.00 price target on the stock.
• 6/21/2026 – Cerebras Systems was upgraded by Wall Street Zen from “strong sell” to “sell”.
• 6/13/2026 – Cerebras Systems was downgraded by Wall Street Zen from “hold” to “strong sell”.
• 6/9/2026 – Cerebras Systems was upgraded by Zacks Research to “hold”.
• 6/8/2026 – Cerebras Systems is now covered by Craig Hallum. They set a “buy” rating and a $325.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by Wedbush. They set an “outperform” rating and a $270.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by Wedbush. They set an “outperform” rating and a $270.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by Citigroup Inc.. They set a “buy” rating and a $340.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by TD Cowen. They set a “buy” rating and a $275.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by UBS Group AG. They set a “buy” rating and a $300.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by Morgan Stanley. They set an “overweight” rating and a $250.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by Mizuho. They set an “outperform” rating and a $300.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by Barclays PLC. They set an “overweight” rating and a $280.00 price target on the stock.
• 6/8/2026 – Cerebras Systems was upgraded by Craig Hallum to “strong-buy”.
• 6/8/2026 – Cerebras Systems is now covered by Barclays PLC. They set an “overweight” rating and a $280.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by Wedbush. They set an “outperform” rating and a $270.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by UBS Group AG. They set a “buy” rating and a $300.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by TD Cowen. They set a “buy” rating and a $275.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by Mizuho. They set an “outperform” rating and a $300.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by Rosenblatt Securities. They set a “buy” rating and a $300.00 price target on the stock.
• 6/8/2026 – Cerebras Systems is now covered by Needham & Company LLC. They set a “buy” rating and a $300.00 price target on the stock.
• 5/31/2026 – Cerebras Systems was upgraded by Wall Street Zen from “sell” to “hold”.
• 5/23/2026 – Cerebras Systems was upgraded by Wall Street Zen to “sell”.

Insider Activity at Cerebras Systems

In other news, CEO Andrew D. Feldman sold 17,990 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $173.06, for a total transaction of $3,113,349.40. Following the completion of the sale, the chief executive officer directly owned 17,990 shares of the company’s stock, valued at $3,113,349.40. The trade was a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Dhiraj Mallick sold 36,131 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $169.28, for a total value of $6,116,255.68. Following the sale, the chief operating officer owned 33,314 shares of the company’s stock, valued at approximately $5,639,393.92. The trade was a 52.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 107,547 shares of company stock worth $18,611,699.

Cerebras Systems is a technology company focused on building artificial intelligence infrastructure, including hardware and software designed to accelerate deep learning and large-scale AI workloads. The company is best known for its wafer-scale processor architecture, which is intended to provide high-performance compute for training and inference applications.

In addition to its AI chips, Cerebras offers systems and related software tools that support researchers and enterprises working with machine learning models.