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Cerebras Plans $4B Nasdaq IPO, Starts Roadshow on May 4 at $115-$125 Per Share

GateNews

Stocks AI Industry News

2026-05-04 09:21:35

According to Reuters, AI chipmaker Cerebras Systems started its IPO roadshow on May 4 for a Nasdaq listing under the ticker CBRS. The company plans to price shares at US$115 to US$125 and could raise up to US$4 billion at a valuation of approximately US$40 billion. This marks Cerebras’ second attempt to go public after withdrawing its previous filing in October 2025.

Cerebras’ revenue rose to US$510 million in 2025 from US$290.3 million in 2024, while earnings per share improved to US$1.38 from a loss of US$9.90 in the prior year.

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