Cerebras Boosts IPO Price, Seeking to Raise $4.8 Billion
Cerebras Systems said it will offer 30 million shares in its planned initial public offering at a price of $150 to $160 a share, up from its previous plan to offer 28 million shares at a price of $115 to $125 a share.
Cerebras IPO price target raised
- Cerebras Raises Pricing Range Ahead of IPO The Information —
- Exclusive: Cerebras to raise IPO price range to $150-$160 as demand surges, sources say - Reuters Reuters —
- Cerebras to Boost Price of IPO to as High as $160, Reuters Says Bloomberg —
- Cerebras Systems added as a new long idea ahead of IPO Seeking Alpha —
- AI Chipmaker Cerebras Seeks $4.8 Billion in Upsized IPO | Bloomberg Tech 5/11/2026 Bloomberg —