Cerebras Stock Falls After Earnings Despite Revenue Growth; Morgan Stanley Recommends Buying the Dip

Cerebras (CBRS) shares declined after earnings despite a significant revenue increase and reduced net loss. The stock fell about 30% from its post-IPO high, primarily due to management's conservative gross margin guidance for Q2. However, Morgan Stanley analysts upgraded their price target on CBRS and maintained a 'Buy' rating.

By Wajeeh Khan Wed, June 24, 2026 at 11:38 PM GMT+3 2 min read · Yahoo Finance · June 24, 2026, 20:38 UTC

Tickers: $MS

Topics: AI chipmaker Cerebras earnings Morgan Stanley recommendation stock dip

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