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Analyst rates Cerebras Systems a Buy with 32% upside to $239 target, driven by OpenAI and AWS growth.

Analyst Insights
09 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

An analyst rates Cerebras Systems as a Buy with a price target of $239 per share, implying a 32% upside from the current $182. The positive outlook is based on growth from OpenAI deployment, AWS distribution, hardware expansion, and margin improvements. The analyst projects forward earnings per share of $3.19 by 2028, valuing the stock with a 75x forward P/E multiple. This reflects confidence in Cerebras' expanding business and partnerships with major AI players.

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