Cerebras (CBRS) IPO Roadshow Targets $115–$125 Per Share

AI Summary

Cerebras Systems has announced its IPO roadshow, offering 28 million shares priced between $115 and $125 each. If priced at the high end, the company would achieve a market capitalization of $26.6 billion and expected gross proceeds of $3.5 billion. Demand has been strong, with potential orders exceeding $10 billion. Cerebras reported a 2025 revenue of $510 million, up from $290.3 million in 2024, transitioning from a loss of $484.8 million in 2024 to a profit of $87.9 million in 2025.