Business overview
Wafer-scale AI compute (WSE-3) plus an inference cloud targeting very large model serving at low latency.
Differentiated architecture; commercial scale and ecosystem still small, but pulled into the AI inference conversation by record token-per-second benchmarks.
Products
- WSE-3 wafer-scale
- Cerebras Inference cloud
- CS-3 systems
Customers (3)
- G42
- Mistral
- Sovereign AI buyers
Composite score
Higher = stronger overall research case
Fundamental52
Technical50
Valuation60
AI relevance60
Risk-adjusted (higher = safer)41
Segment-relative fundamental percentile: 30
Financial summary
Curated, illustrative
Revenue
$250.00M
Growth (YoY)
120.0%
Gross margin
40.0%
Operating margin
-40.0%
FCF
$-100.00M
Capex
$50.00M
Net cash / (debt)
$0.00
ROIC
-30.0%
Customer conc.
Medium
Valuation
Market cap
$5.00B
Enterprise value
$5.00B
P/E (TTM)
—
Forward P/E
—
EV / Sales
—
EV / EBITDA
—
P / FCF
—
PEG
—
Rule of 40
—
Risks
Severity 1 (low) to 5 (severe)
- 5Customer concentration on G42
- 3Path to scale & IPO
Score components
What drove the composite
Growth100
Profitability20
Cash generation20
Balance sheet78
Moat / AI relevance62
Capital intensity (higher = lighter)37
Customer diversification60
Valuation discipline (dilution)42
Trend (MA50/MA200)50
Momentum (3/6/12m)50
Relative strength50
Realized vol (higher = lower vol)50
Segment peers
Other companies in Accelerators