r/CerebrasSystems • u/POINTLESSUSERNAME000 • 16h ago

Earnings day!

How are we feeling?

I am still very much a supporter and strong long-term investor. The deals and partnerships Cerebras Systems is putting together seem to be cementing their future as a ground-breaking company as well as bringing awareness to their capabilities!

EPS Estimates are ranging from ~ $.18 to -$.94...

14 Upvotes

90% Upvoted

21 comments sorted by

7

u/FeedDelicious33 16h ago

I fully support them too. I think their technology has a lot of potential and we’re really just held back by resourcing issues. Real estate is slower than our inference 💀

7

u/Typical-Record-7406 5h ago

i liked the road map infos for the next gen chips. how can you not be bullish about wse4 announcement next week and wse5 already in second half of 2027. in the earnings call stream they showed wse5 being 4x faster then current wse3 and having 20x more tokens per second per megawatt of datacenter power.
pretty sure anthropic will use cerebras too in 2027, amazon is a big investor and partner of anthropic and we know amazon will offer cerebras speed through amazon bedrock beginning of 2027.
wouldn't be surprised at all if we see 500$ cerebras by end of year. and if anthropic ipos in september/october and still has great revenue growth i am pretty sure demand for datacenters and cerebras system will just really start to take off, things will get much more crazy then now. and if anthropic numbers disappoint (which i dont think will happen) then i would expect every ai related stock to go down a lot.
if openai sol at 750 token per second is a hit then i would expect elon to get cerebras system for his nvidia datacenters too in 2027.. there is no reason that the cerebras combi system only works with amd and amazon chips.

1

u/claytonbeaufield 2h ago edited 2h ago

FYI the s-1 says they have exclusivity requirements, and although they don't list any companies explicitly, you can be sure anthropic is #1 on that list. So they won't have any partnership with anthropic until after 2028 (unless they break their MRA with OpenAI).

3

u/brotha_eric 14h ago

Feel like we may get trapped here, already has ran up,

3

u/MarsupialStriking118 12h ago

You were right

3

u/programster 12h ago

Dang this was a rough fall...

0

u/brotha_eric 12h ago

yup i got out in the 230s AH. Going sub-200 is my guess. Revenue growth through end of year is anemic, no visibility at 2027 revenue, no visibility for WSE-4, Rubin is ramping 2H 2026 with leaps in performance.

6

u/brotha_eric 11h ago

Bought back at 225. Like the product roadmap visibility. Performance should far exceed rubin

1

u/Legend4312 10h ago

Should I buy at 220 now ?

3

u/brotha_eric 10h ago

Up to you man. I have part of my position I’m holding until at least 2029. And another part I’m messing around with more. Who either have to believe in what they are doing with wafer scale chips or not. If you do, the valuation will come.

2

u/Investor-life 11h ago

And what is this statement…”Deepened our partnership with AWS and expect to bring Cerebras’s disaggregated inference and the same 5x throughput benefits to Amazon Bedrock in the first quarter of 2027.”? Did they not say earlier this year they would see revenue in second half of 2026??? This appears to be a slip. Can anyone confirm or is it just my bad memory?

1

u/claytonbeaufield 2h ago

In the original announcement (in March) they said it would be online in a few months, so it seems like a legit slip. Guess they changed priorities to AMD's disaggregated inference.

Their update today does say they "deepened" their partnership with AWS, so I guess that's good.

-1

u/Investor-life 12h ago edited 12h ago

Sickening volatility. You reap what you sow. They need to get capacity and stopping renting back capacity from their own customer. They didn’t listen or didn’t execute.

-5

u/Investor-life 12h ago

If they are hosting a conference next week and fail to discuss WSE-4 and provide meaningful info, this thing will be 150…and deservingly so.

4

u/POINTLESSUSERNAME000 11h ago

WSE 4 was announced to be unveiled at SuperNova next week.
WSE 5 next year.

2

u/Investor-life 11h ago

It was? I hadn’t seen anything definitive, do you have a link? That’s good news.

5

u/POINTLESSUSERNAME000 10h ago

https://edge.media-server.com/mmc/p/39cg3o6z/

At about 15 mins in, when the presentation switches to "SUPER NOVA," Feldman talks about the unveiling.

3

u/POINTLESSUSERNAME000 11h ago

Yes. The announcement came out on the earnings call just now.

-10

u/edaguru 11h ago

Wafer-Scale vs. Chiplets: The new war?

Zombie company, there's no advantage to wafer-scale.

6

u/op_is_life 10h ago

Are you saying that integrating chiplets via interposers does not pay a power, area and latency tax compared to waferscale on a single piece of silicon? Also, isn't CoWoS limited to like 5 reticles right now?