StocksMedium•13 November 2026•
1 min read
Cerebras Stock Surges 11% on Strong Q3 Results and Microsoft Partnership
Key Facts
1Cerebras shares rose 11% after beating Q3 revenue expectations and announcing a strategic partnership with Microsoft Azure.
2The company expects to triple its revenue by 2027 with plans to enter mass production of its WSE-5 chip next summer.
Cerebras shares rose 11% after beating Q3 revenue expectations and announcing a strategic partnership with Microsoft Azure. Futu reported that the company achieved record Q3 revenue of $210.8 million, up 55% year-over-year, and raised its guidance for the fourth quarter.
Cerebras closed at $97.75 on November 12, 2026, while Microsoft closed at $523 on the same date. The company expects to triple its revenue by 2027, with plans to enter mass production of its WSE-5 chip in the summer of 2027.