Cerebras Stock Jumps on Q3 Cloud Revenue Up 265%, Despite Missed Guidance

Benzinga Earnings
15小时前

Cerebras Systems Inc. (NASDAQ:CBRS) posted its third-quarter fiscal 2026 results after Thursday’s closing bell, missing estimates but raising its forward guidance.

Here’s a look at the details inside the report. 

  • CBRS stock is moving. Watch the price action here.

Cerebras Q3 Details    

Cerebras reported quarterly losses of 67 cents per share, which missed the consensus estimate for a loss of 14 cents, per Benzinga Pro data. 

Quarterly revenue of $210.8 million missed the Street estimate of $214.7 million. GAAP cloud revenue grew 265% from a year ago, and core cloud revenue was $144.9 million, up 272% from a year ago.

“Cerebras’ technology remains the undisputed champion of speed,” said Andrew Feldman, CEO of Cerebras. “We’re giving customers more ways to access our technology and scale with us be it through direct system sales, Cerebras Cloud or third-party cloud providers.”

Read Also: Jensen Huang Scandal Widens: Former Nvidia CEO Linked to Second Employee

Looking Ahead

Cerebras raised its fiscal 2026 revenue outlook to between $940 million and $960 million, compared to the $887.04 million analyst estimate.

CBRS Stock Price: According to data from Benzinga Pro, Cerebras stock was up 12.92% to $110.38 in Thursday’s extended trading.  

Photo: Shutterstock

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