←RETURN TO 2026 IPO RADAR DECK (135 OFFERINGS)COHORT STANDING: #50 of 135
Verified SEC Filing/Calendar Year 2026
NASDAQTechnology
$CBRS
RANGE-BOUND (-50% to +50%)
Cerebras Systems Inc. (2026)
Legal Entity: Cerebras Systems Inc.
OFFER PRICE$185.00
CURRENT PRICE
$311.07
CUMULATIVE RETURN
+13.43%
PRICING DATE: 5/14/2026SEC FILING SNAPSHOT
SECTION 01 // FORENSIC TEARDOWN
The Seagull Executive Verdict
SURVIVAL RATING: WINNER
WHAT THE BUSINESS DOES
Engineers and sells the Wafer-Scale Engine (WSE), the world's largest commercial processor, integrated into its CS AI supercomputers.
THE WALL STREET PITCH
The only hardware capable of dethroning legacy GPU clusters with vastly superior speed and lower power consumption.
THE COLD REALITY
Friction of adopting a proprietary software ecosystem (CSoft) in a market dominated by entrenched competitors.
SECTION 02 // CAPITAL ALLOCATION
Capital Formation & Float Scarcity
FLAG: TREASURY GROWTH
Gross Proceeds
$150.0M
Cash extracted from market
Post-Money Value
Undisclosed
Total company valuation
Public Float %
18.5%
Shares available to public
Secondary Share %
0%
Insider cash extraction
CAPITAL USE ANALYSIS
Standard primary capital raise for general working capital.
SECTION 03 // SUPPLY SHOCK AUDITOR
Insider Lock-Up Expiration
VC DUMP RISK: MODERATE
Expiration Calendar Date
2026-11-10
1 DAYS REMAINING
Supply Shock Multiplier
N/A
Float expansion ratio upon unlock
Lockup Duration
180 Days
Contractual restriction window
SECTION 05 // COHORT BENCHMARK
Sector Peer & Cohort Telemetry
RANK: #50 of 135
2026 Cohort Standing
#50 of 135
Out of 135 total 2026 IPO offerings
Sector Median Return
-8.5%
Technology sector midpoint
Sector Win Rate
36%
% of peer IPOs trading in profit
PERFORMANCE VS PEERS
Cerebras Systems Inc. (2026) is currently trading above the Technology sector median of -8.5%. Across the entire 2026 calendar year cohort, only 36% of Technology offerings have sustained a positive return above their initial offer price.