According to CNBC and Reuters, Cerebras (CBRS) stock closed at $97.75 on November 13 and rose 13 to 17 percent after-hours following better-than-expected Q3 results. Core revenue reached $230.9 million, beating consensus of $214.7 million, and the company raised its full-year 2026 core revenue guidance to $940-$960 million from $880-$890 million.

The AI chip maker also guided Q4 core revenue to $310-$330 million and expects revenue to roughly triple in 2027. In October, Cerebras announced a deal with Microsoft, with first revenue expected in Q1 2027. Reference levels: $125 above, $98 below.

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