CBRS Cerebras Systems Inc.
Price Chart
Executive Summary
Cerebras Systems priced its IPO at $185 per share, offering 30 million shares of Class A common stock, with an underwriter option for an additional 4.5 million shares. The offering is expected to close on May 15, 2026, and the stock will begin trading on Nasdaq under the ticker CBRS on May 14, 2026.
Key Financial Metrics
Actionable Insight
The IPO pricing at $185 per share sets a strong valuation for Cerebras. Traders should monitor the first-day trading performance and any subsequent lockup expirations for potential volatility. The large offering size and high-profile underwriters suggest significant institutional demand.
Key Facts
- IPO priced at $185.00 per share
- 30,000,000 shares of Class A common stock offered
- Underwriters have 30-day option for up to 4,500,000 additional shares
- Expected to begin trading on Nasdaq on May 14, 2026 under ticker CBRS
- Expected to close on May 15, 2026
- Lead book-running managers: Morgan Stanley, Citigroup, Barclays, UBS Investment Bank
Financial Impact
Gross proceeds of approximately $5.55 billion from the initial 30 million shares, with potential additional $832.5 million from the overallotment option
Risk Factors
- Potential dilution from the overallotment option
- Post-IPO volatility typical for new listings
- Lockup expiration could lead to selling pressure
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3294565 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 15, 2026
5d ago
|
Press Release
| $281.00 awaiting T+20 | awaiting T+20 | — | $279.32 (−0.60%) |
|
May 14, 2026
7d ago
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3
| — | awaiting T+20 | — | — |
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May 14, 2026
7d ago
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3
| — | awaiting T+20 | — | — |
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May 13, 2026
7d ago
|
Press Release
| — | awaiting T+20 | — | — |
|
May 13, 2026
7d ago
|
3
| — | awaiting T+20 | — | — |
|
May 11, 2026
10d ago
|
S-1/A
| — | awaiting T+20 | — | — |
US Market Status
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