Jeff Lewis
Mon, June 29, 2026 astatine 6:12 AM CDT 2 min read
Cerebras Systems Inc. (NASDAQ:CBRS) is 1 of the 10 Best New Stocks to Buy Other Than SpaceX.
On June 24, 2026, Morgan Stanley raised its terms people connected Cerebras Systems Inc. (NASDAQ:CBRS) to $273 from $250 and kept an Overweight standing pursuing what the steadfast called "a beardown archetypal 4th retired of the gates." Morgan Stanley said the IPO happened precocious capable that it expected coagulated results with nary surprises and presumed immoderate IPO conservatism successful forecasts. The steadfast added that amended gross borderline guidance "certainly indicates a blimpish guidance mindset."
Also connected June 24, UBS raised its terms people connected Cerebras Systems to $320 from $300 and kept a Buy rating. UBS viewed Cerebras's archetypal post-IPO net telephone positively aft raising guidance and confirmation of an Amazon (AMZN) agreement. The steadfast besides pointed to broader lawsuit diversification and accelerating request for specialized infrastructure arsenic factors that could enactment beardown maturation done the decade, with proviso constraints apt becoming the main regulation alternatively than demand.
Wedbush besides raised its terms people connected Cerebras Systems to $280 from $270 and kept an Outperform rating. Wedbush said Cerebras reported results up of archetypal expectations with nary large surprises, portion ongoing engagements with ample customers enactment a constructive outlook.
Cerebras Systems Inc. (NASDAQ:CBRS) operates arsenic an artificial quality infrastructure company, designing and manufacturing an AI compute level made up of proprietary systems and bundle for deployment successful information centers up to supercomputer scale.
While we admit the imaginable of CBRS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
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