Cerebras Systems (CBRS) Stock Looks Stretched Following Its 54% Slump

Cerebras Systems has had a rough start as a listed AI hardware player, with the share price sliding while attention has focused on its role in powering large models for firms like OpenAI and Jane Street. With the stock down sharply, the live question for investors is whether today’s valuation is still sensible once it is compared with the company’s current sales. The share price is down about 54.3% year to date, which puts the pressure squarely on whether the revenue base can support the...