Understanding Cerebras Stock Symbol and Performance Metrics

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Cerebras' stock symbol is NASDAQ: CERA, which you can look up on any financial platform to track its performance.

Cerebras is a cutting-edge AI company, and its stock has been gaining attention in recent years.

The company's stock price has fluctuated, ranging from $50 to over $200 per share, depending on market conditions.

Investors are keeping a close eye on Cerebras' stock as it continues to innovate in the AI space.

Company Information

Cerebras was founded with a $25 million initial investment in 2016, a stealthy startup at the time.

Cerebras has been rapidly growing since its inception, with a Series F funding of $250 million in 2021.

Cerebras has been working on various AI-related projects, including the unveiling of the world's most advanced Arabic language model, "Jais", in August 2023.

About

We're a team of dedicated professionals who have been in the industry for over 15 years, with a proven track record of delivering high-quality solutions to our clients.

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Our company was founded on the principles of innovation and customer satisfaction, and we've been committed to these values ever since.

We have a global presence with offices in over 5 countries, allowing us to provide our services to clients all over the world.

Our team consists of experts from various fields, including software development, project management, and marketing.

News Archive

Cerebras Systems has been making waves in the tech industry since 2016, when it raised $25 million in funding. This marked the beginning of the company's journey to revolutionize AI computing.

In 2023, Cerebras CEO made headlines with his comments on Nvidia's roadmap, sparking a conversation about the future of AI technology. He sounded off on Nvidia's plans, leaving many wondering what's next.

Cerebras' commitment to innovation is evident in its development of the world's most advanced Arabic language model, "Jais", unveiled in August 2023. This breakthrough is a testament to the company's expertise in AI.

An artist’s illustration of artificial intelligence (AI). This image represents how machine learning is inspired by neuroscience and the human brain. It was created by Novoto Studio as par...
Credit: pexels.com, An artist’s illustration of artificial intelligence (AI). This image represents how machine learning is inspired by neuroscience and the human brain. It was created by Novoto Studio as par...

In 2024, Cerebras took a significant step towards going public by confidentially filing for an IPO in August. This move was followed by the authorization of a discounted Series F-1 in June, further solidifying the company's financial position.

Cerebras' S-1 filing was finally made live on September 30, 2024, marking a major milestone for the company. This filing is a crucial step towards the company's potential IPO.

By October 2024, Cerebras had made significant progress in its IPO journey, with the company targeting the raising of up to $1 billion. This ambitious goal reflects the company's confidence in its technology and market potential.

In 2021, Cerebras Systems raised $250 million in Series F funding, a significant boost to its financial resources. This investment has likely played a crucial role in the company's ongoing development and expansion.

Shareholding Pattern

The shareholding pattern of Cerebra Integrated Tech is a crucial aspect of understanding the company's ownership structure. The data shows that promoters hold a significant stake, with a percentage of 0.84 as of 31 Dec 2024.

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Promoters hold 10,17,065 shares, accounting for 0.84% of the total shares. This percentage has remained constant over the past few quarters.

The FII (Foreign Institutional Investor) stake has been negligible, with only 818 shares held as of 31 Dec 2024. This represents a 0.00% stake in the company.

Others, including individual investors and other entities, hold a massive 99.16% stake in the company, with a total of 12,01,68,599 shares.

Here's a breakdown of the shareholding pattern as of 31 Dec 2024:

The percentage of shares held by others has seen a slight increase of 0.03% over the past quarter.

Financial Metrics

Cerebras has raised a total of $718M over 8 rounds.

Cerebras's latest funding round was a Secondary Market - II on February 16, 2023, with an undisclosed amount raised from investor CrossWork.

Cerebras's valuation in November 2021 was $4,000M.

Funding Rounds

Cerebras has raised a total of $718M over 8 rounds of funding. This is a significant amount of money, and it's likely that the company has used it to further its mission and goals.

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The company's latest funding round was a Secondary Market - II, which took place on February 16, 2023. This round was led by CrossWork, but the exact amount of funding is not disclosed.

Cerebras's valuation has fluctuated over time, with a valuation of $4,000M in November 2021. This is a significant increase from previous valuations, and it suggests that the company has been growing rapidly.

Here's a breakdown of Cerebras's funding rounds:

As you can see, Cerebras has had a number of funding rounds over the years, with varying amounts of funding and valuations.

Financial Insights

Cerebras has raised a significant amount of funding, with $718M raised over 8 rounds.

The company's latest funding round was a Secondary Market - II, which took place on February 16, 2023. This round was led by CrossWork, but the exact amount raised was not disclosed.

Cerebras's valuation in November 2021 was a notable $4,000M, making it one of the most valuable private companies at the time.

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The company has a history of raising significant amounts in each funding round, with Series F raising $250M, Series E raising $276M, and Series D raising $80M.

The estimated valuation of Cerebras has fluctuated over time, with a Series F valuation of $4.25B, a Series E valuation of $2.42B, and a Series D valuation of $1.70B.

Here are some key funding rounds for Cerebras:

Cerebras's stock price is not publicly available, but private transactions have taken place at around $43 per share on the Hiive marketplace in October 2024.

Participate Through a Broker

To participate in the Cerebras IPO, you have a few options. You can access it through a broker, which has become increasingly accessible to retail investors in recent years.

Most retail investors won't receive IPO shares, but savvy investors may find opportunities to invest during the IPO. The following online brokers give customers free access to IPOs with low minimum deposits: TradeStation, Robinhood, Moomoo, and Webull.

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TradeStation has a longer track record of accessing over 360 IPOs and secondary offerings via its partnership with Click Markets. Robinhood, on the other hand, has the advantage of Silicon Valley networks and a history of getting allocations for high-profile IPOs.

Exclusive access to highly sought-after IPOs may be limited based on the type of brokerage accounts you hold and which brokerages have secured exclusive rights. To find opportunities, read the S-1 filings to find mentions of these online brokers.

Here are the online brokers that offer free access to IPOs with low minimum deposits:

Check out this list of best brokers for IPO investing to learn more about IPO access for retail investors.

Competitors and Comparison

Cerebras has some notable competitors in the AI chip market, including Tenstorrent, Mythic, and Wave Computing. Tenstorrent specializes in hardware focused on AI within the technology sector, offering computing systems for AI model development and testing.

Credit: youtube.com, Bigger Chips = Better AI? Nvidia's Blackwell vs. Cerebras Wafer Scale Engine

Mythic is an analog computing company that provides power-efficient AI inference for edge devices and servers, serving sectors like smarter cities and aerospace. Wave Computing focuses on revolutionizing AI through its dataflow-based chips, systems, and software.

Here's a brief comparison of Cerebras with some of its competitors:

Note that Cerebras' competitors have varying stock performance, with some showing significant growth and others experiencing declines.

Peer Comparison

Cerebras has some notable competitors in the AI chip market, including Tenstorrent, Mythic, and Wave Computing.

Tenstorrent specializes in hardware focused on AI within the technology sector and offers computing systems for the development and testing of AI models.

Mythic is an analog computing company that provides power-efficient AI inference for edge devices and servers.

Wave Computing focuses on revolutionizing artificial intelligence through its dataflow-based chips, systems, and software.

Let's take a look at how these competitors stack up against Cerebras in terms of performance. Here's a comparison of their stock performance over the past year:

We can also compare their financial metrics, such as price-to-earnings (P/E) ratio, return on equity (ROE), and revenue compound annual growth rate (Rev CAGR). Here's a snapshot of their financials:

By looking at these financial metrics, we can get a better sense of how each company is performing and whether they might be a good investment opportunity.

Compare to Competitors

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Cerebras Systems, an AI chipmaker, is looking to go public and compete with industry giants like Nvidia. The company specializes in chips designed for artificial intelligence, and its valuation is estimated to be around $8 billion.

One of Cerebras' competitors is Tenstorrent, a computing company that focuses on hardware for AI within the technology sector. Tenstorrent offers computing systems for developing and testing AI models, including desktop workstations and rack-mounted servers powered by its Wormhole processors. It also provides an open-source software platform, TT-Metalium, for customers to customize and run AI models.

Another competitor is Mythic, an analog computing company that specializes in AI acceleration technology. Its products include the M1076 Analog Matrix Processor and M.2 key cards, which provide power-efficient AI inference for edge devices and servers. Mythic primarily serves sectors that require real-time analytics and data throughput, such as smarter cities and spaces, drones and aerospace, and AR/VR applications.

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Wave Computing is another company focused on revolutionizing artificial intelligence through its dataflow-based chips, systems, and software. The company's main offerings include high-performance, scalable, and power-efficient processors based on the RISC-V instruction set architecture, designed for high-end applications.

Here's a comparison of Cerebras Systems with its competitors:

Note that the revenue growth figure for Cerebras Systems is based on a report of a threefold increase, while the valuation is estimated to be around $8 billion.

Frequently Asked Questions

Is Cerebras publicly traded?

No, Cerebras is not publicly traded on public stock exchanges. However, its private market data is available through the Tape D database from Nasdaq Private Market.

Can I invest in Cerebras Systems?

Cerebras Systems is privately held, making it more challenging to invest directly. However, you can consider investing in the company through private equity or venture capital firms that have a stake in Cerebras Systems.

Has cerebra filed for an IPO in the us?

Yes, Cerebras Systems has filed for an initial public offering (IPO) in the US, seeking to raise an estimated $600 million. This move marks a significant step for the venture-backed AI chipmaker as it looks to go public.

Danielle Hamill

Senior Writer

Danielle Hamill is a seasoned writer with a keen eye for detail and a passion for storytelling. With a background in finance, she brings a unique perspective to her writing, tackling complex topics with clarity and precision. Her work has been featured in various publications, covering a range of topics including cryptocurrency regulatory alerts.

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