Cerebras Systems (CBRS) vs ON Semiconductor (ON)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Cerebras Systems is the larger company by market cap ($41.59 billion vs $32.12 billion), about 1.3 times the size. On valuation, ON Semiconductor trades at a lower forward P/E (18.2x vs 137.4x for Cerebras Systems).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CBRS | ON |
|---|---|---|
| Share price | $175.05 | $82.51 |
| Market cap | $41.59B | $32.12B |
| 1-day change | -1.16% | -4.40% |
| YTD return | — | +52.37% |
| 1-year return | — | +71.29% |
| 5-year return | — | +90.42% |
| P/E ratio (TTM) | — | 53.23 |
| Forward P/E | 137.44 | 18.22 |
| EPS (TTM) | $-5.08 | $1.55 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | — | $6.00B |
| Revenue growth (YoY) | — | -15.35% |
| Net income (latest FY) | — | $121.00M |
| Gross margin | — | 33.09% |
| Operating margin | — | 1.40% |
| Net margin | — | 2.02% |
| 52-week high | $386.34 | $134.92 |
| 52-week low | $160.81 | $44.56 |
| Distance from 52-week high | -54.69% | -38.85% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +66.60% | +26.60% |
| Average volume | 6.92M | 9.97M |
| Shares outstanding | 112.25M | 389.32M |
| Employees | 708 | 22,600 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
About Cerebras Systems
CBRS stock →Cerebras Systems Inc. operates as an artificial intelligence infrastructure company.
Technology · Semiconductors · 708 employees
About ON Semiconductor
ON stock →ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally. It operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group.
Technology · Semiconductors · 22,600 employees
CBRS vs ON FAQ
Which is bigger, Cerebras Systems or ON Semiconductor?
Cerebras Systems (CBRS) is larger, with a market capitalization of $41.59B compared with $32.12B for ON Semiconductor (ON).
Are Cerebras Systems and ON Semiconductor in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.