Cerebras Systems Targets $40 Billion Valuation in Second IPO Attempt

Cerebras Systems launches its IPO roadshow on May 4, 2026, targeting a $40 billion valuation in its second attempt at going public. The AI chip maker will trade on Nasdaq under ticker CBRS, with shares priced between $115 and $125. This marks the company's return to public markets after a previous IPO effort.

IPO roadshow details

• ▪Cerebras Systems will trade on the Nasdaq under the ticker CBRS
• ▪Cerebras Systems shares are targeted between $115 and $125 for the IPO
• ▪Cerebras Systems' IPO roadshow kicks off on May 4, 2026

Valuation target

• ▪Cerebras Systems is an AI chip maker
• ▪Cerebras Systems is targeting a $40 billion valuation in its IPO attempt