Where Will Cerebras Stock be in 3 Years?

Cerebras Systems, an AI chip company, went public in May 2026 and has experienced significant volatility, losing 41% since its IPO pop. Despite disappointing Q1 2026 earnings guidance and margin concerns, analysts remain bullish with a 12-month price target of $300 (65% upside). The company's wafer-sized chips and major partnerships with OpenAI ($20B+) and Amazon position it for potential 175% upside over three years if it achieves $7.4B revenue by 2028, though its current 65x price-to-sales valuation is concerning.