Here’s Why Cerebras (CBRS) is Among the 10 Best New Stocks to Buy Other Than SpaceX
Key takeaways
- Here’s Why Cerebras (CBRS) is Among the 10 Best New Stocks to Buy Other Than Space X Jeff Lewis Mon, June 29, 2026 at 6:12 PM GMT+7 2 min read CBRS SPCX AMZN Cerebras Systems Inc.
- On June 24, 2026, Morgan Stanley raised its price target on Cerebras Systems Inc.
- Also on June 24, UBS raised its price target on Cerebras Systems to $320 from $300 and kept a Buy rating.
Here’s Why Cerebras (CBRS) is Among the 10 Best New Stocks to Buy Other Than Space X Jeff Lewis Mon, June 29, 2026 at 6:12 PM GMT+7 2 min read CBRS SPCX AMZN Cerebras Systems Inc. (NASDAQ:CBRS) is one of the 10 Best New Stocks to Buy Other Than Space X.
On June 24, 2026, Morgan Stanley raised its price target on Cerebras Systems Inc. (NASDAQ:CBRS) to $273 from $250 and kept an Overweight rating following what the firm called "a strong first quarter out of the gates." Morgan Stanley said the IPO happened recently enough that it expected solid results with no surprises and presumed some IPO conservatism in forecasts. The firm added that better gross margin guidance "certainly indicates a conservative guidance mindset."
Also on June 24, UBS raised its price target on Cerebras Systems to $320 from $300 and kept a Buy rating. UBS viewed Cerebras's first post-IPO earnings call positively after raising guidance and confirmation of an Amazon (AMZN) agreement. The firm also pointed to broader customer diversification and accelerating demand for specialized infrastructure as factors that could support strong growth through the decade, with supply constraints likely becoming the main limitation rather than demand.