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Price
$196
USD
Day
-6.5%
YTD
—
Point-in-time evaluation
wait
Q2 rev +103% beat but stock -12-14% on -17 to -19% op margin guide + intensified OpenAI concentration; gate on Q3 print + WSE-4 yield.
Aug 16, 11:09 a.m.
External signal
Cerebras filed earnings 8-K (items 2.02, 9.01) on 2026-08-12 — previously IPO-watch, now publicly reporting. Status changes to active research candidate; evaluate Q2 results for OpenAI revenue concentration risk and customer diversification progress.
Aug 13, 05:32 a.m.Source: 2026-08-13_premarket.mdConsensus PT: $292
Research feed
Latest imported research note for this ticker.
longwatch
Imported thesis
Only public wafer-scale AI inference pure-play; Q1 revenue +94% YoY and $855-865M 2026 guide capture the inference-specialization theme (2.0x velocity in tracked accounts).
Imported reasoning
11-analyst consensus $294 vs $226.72 = 1.30x (LOW by analyst math). Category-typical for emerging AI compute post-IPO = HIGH. Medium as compromise: packaging yield constraints (20% vs 50%+ needed for scale) and OpenAI concentration physically cap near-term upside; real re-rate ($400-500+) available if WSE-4 resolves yield and non-OpenAI customers grow. Q2 margin guide compression to 36-38% is a negative data point inconsistent with a HIGH-potential near-term setup. [red-team: holds]
Last imported
Jun 24, 05:35 a.m.
Source report
2026-06-24_premarket.md
Private trigger details hidden
Research and watchlist context are visible. Trigger levels and other private portfolio fields remain hidden.
Watchlist notes
Public watchlist context and imported research metadata.
Thesis
Only public wafer-scale AI inference pure-play; Q1 revenue +94% YoY and $855-865M 2026 guide capture the inference-specialization theme (2.0x velocity in tracked accounts).
Sleeve
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Consensus PT (USD)
$292
Holdings
No holdings recorded for this ticker.
Smart-money holders
Held by SA-LP — 0.0% of fund (10,000 sh, new) as of 2026-06-30
Social Signal — last 90 days
@aleabitoreddit
3 mentions · 1 bullish / 1 bearish
Cerebras capacity hoarded by OpenAI creates infinite waitlist for other customers; hyperscaler demand concentrates capacity.
OpenAI's 750 tokens/sec Sol model deployment on CBRS validates inference specialization thesis and justifies starter positions near IPO price.
CBRS positioned as cautionary position given rapid AI market evolution and competing execution risks (custom chips, OpenAI strategy shifts, macro uncertainty).