Live Feeds
● LIVE Updated 28d ago · 13 sources tracked

Cerebras Stock Sinks After First Earnings Report. AI Demand Is Forcing Tough Choices.

Cerebras reported 92% revenue growth in its first public earnings report but saw shares drop. The company expects full-year 2026 adjusted gross margins of 38% to 41%, which is lower than its first-quarter result of 47%. This outlook lags behind competitors like Nvidia and AMD.

RSS Source map (18)

What changed

The company released its first earnings report since going public, showing high revenue growth but weaker margin guidance.

Live updates

  1. Cerebras Shares Sink After First Post-IPO Earnings Report

    Cerebras reported 92% revenue growth in its first public earnings report but saw shares drop. The company expects full-year 2026 adjusted gross margins of 38% to 41%, which is lower than its first-quarter result of 47%. This outlook lags behind competitors like Nvidia and AMD.

    What's confirmed:

    • Cerebras reported 92% revenue growth in its first earnings report since its IPO.
    • The company forecast adjusted gross margins of 38% to 41% for full-year 2026.
    • First-quarter reported gross margins were 47%.
    • Cerebras shares fell following the earnings debut.

    Still unconfirmed:

    • Cerebras landed $20 billion OpenAI and AWS partnerships after its IPO.
    • The company reported revenue of $193 million.
    • Shares fell roughly 14% in premarket trading on Wednesday.
    • Shares dropped 10% in extended trading on Tuesday.
    • The stock is down 11% after the report.
    confidence 90%