ADI vs. CBRS: Analog Devices vs. Cerebras Systems Stock Comparison
How do Analog Devices (ADI) and Cerebras Systems (CBRS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Analog Devices (ADI) and Cerebras Systems (CBRS) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
Analog Devices (ADI) has been public since March 17, 1980, giving it decades of market history across multiple cycles, while Cerebras Systems (CBRS) listed only on May 14, 2026 and lacks comparable through-cycle data.
| Profile Item | ADI | CBRS |
|---|---|---|
| Name | Analog Devices, Inc. | Cerebras Systems Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 176.17 billion USD | 21.30 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 17, 1980 | May 14, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ADI | CBRS |
|---|---|---|
| Total Return (1Y) | 71.72% | -- |
| Total Return (3Y, Annualized) | 34.43% | -- |
| Total Return (5Y, Annualized) | 17.89% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ADI | CBRS |
|---|---|---|
| Volatility (1Y, Annualized) | 38.89% | 113.27% |
| Beta (5Y) | 1.26 | 1.86 |
| Max Drawdown (5Y) | -32.20% | -73.73% |
| Avg. Volume (3M) | 3.74M | 8.89M |
Risk-Adjusted Performance
Risk-Return Positioning
Both ADI and CBRS need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | ADI | CBRS |
|---|---|---|
| Sharpe Ratio (1Y) | 1.73 | -- |
| Sortino Ratio (1Y) | 2.56 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Analog Devices (ADI) earns 12.23% on shareholders’ equity, ranked against its industry; Cerebras Systems (CBRS) has no ROE this period.
ADI
Semiconductors & Semiconductor Equipment industry group
12.23%
- Max
- 52.82%
- Q3
- 22.26%
- ADI
- 12.23%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
CBRS
Semiconductors & Semiconductor Equipment industry group
--
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
- CBRS
- --
Net Margin (TTM)
Cerebras Systems (CBRS) reports a negative net margin of -75.27%, usually indicating a net loss over the period. Meanwhile Analog Devices (ADI) reports 29.79%, ranking against industry peers normally.
ADI
Semiconductors & Semiconductor Equipment industry group
29.79%
- Max
- 63.80%
- ADI
- 29.79%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
CBRS
Semiconductors & Semiconductor Equipment industry group
-75.27%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
- CBRS
- -75.27%
Operating Margin (TTM)
Cerebras Systems (CBRS) reports a negative operating margin of -264.97%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Analog Devices (ADI) reports 39.50%, ranking against industry peers normally.
ADI
Semiconductors & Semiconductor Equipment industry group
39.50%
- Max
- 58.66%
- ADI
- 39.50%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
CBRS
Semiconductors & Semiconductor Equipment industry group
-264.97%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
- CBRS
- -264.97%
Profitability Metrics
| Metric | ADI | CBRS |
|---|---|---|
| ROE (TTM) | 12.23% | -- |
| ROA (TTM) | 6.41% | -- |
| Net Margin (TTM) | 29.79% | -75.27% |
| Operating Margin (TTM) | 39.50% | -264.97% |
| Gross Margin (TTM) | 65.80% | 34.90% |
Growth
Revenue Growth
Cerebras Systems (CBRS) at 75.71% clears its industry range for revenue growth, far stronger top-line momentum than Analog Devices (ADI) at 16.89%, which is closer to a typical peer reading.
EPS Growth
Only one side can be read here: Analog Devices (ADI) reports EPS growth of 39.02%, ranked against its industry; Cerebras Systems (CBRS) has no EPS growth figure this period.
Growth Metrics
| Metric | ADI | CBRS |
|---|---|---|
| Revenue Growth (YoY) | 16.89% | 75.71% |
| Revenue Growth (3Y CAGR) | -2.84% | 174.64% |
| EPS Growth (YoY) | 39.02% | -- |
| EPS Growth (3Y CAGR) | -4.59% | -- |
Financial Strength
Current Ratio (MRQ)
Cerebras Systems (CBRS) at 5.83 carries current ratio above its industry’s typical mid-range, while Analog Devices (ADI) at 1.25 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
ADI
Semiconductors & Semiconductor Equipment industry group
1.25
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- ADI
- 1.25
- Min
- 1.03
CBRS
Semiconductors & Semiconductor Equipment industry group
5.83
- Max
- 10.33
- CBRS
- 5.83
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both Analog Devices (ADI) at 0.27 and Cerebras Systems (CBRS) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ADI
Semiconductors & Semiconductor Equipment industry group
0.27
- Max
- 1.46
- Q3
- 0.65
- ADI
- 0.27
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
CBRS
Semiconductors & Semiconductor Equipment industry group
0.16
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- CBRS
- 0.16
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | ADI | CBRS |
|---|---|---|
| Current Ratio (MRQ) | 1.25 | 5.83 |
| Debt / Equity (MRQ) | 0.27 | 0.16 |
| Net Debt / EBITDA | 0.99 | -- |
Dividends
Dividend Yield (TTM)
Cerebras Systems (CBRS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a yield of 1.19%, ranking against industry peers normally.
ADI
Semiconductors & Semiconductor Equipment industry group
1.19%
- Max
- 1.37%
- ADI
- 1.19%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CBRS
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- CBRS
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Cerebras Systems (CBRS) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a payout of 49.64%, ranking against industry peers normally.
ADI
Semiconductors & Semiconductor Equipment industry group
49.64%
- ADI
- 49.64%
- Max
- 49.64%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CBRS
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- CBRS
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ADI | CBRS |
|---|---|---|
| Dividend Yield (TTM) | 1.19% | 0.00% |
| Dividend Payout Ratio (TTM) | 49.64% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Analog Devices (ADI) trades at 43.18 times trailing earnings, ranked against its peers, while Cerebras Systems (CBRS) has no P/E ratio this period.
ADI
Semiconductors & Semiconductor Equipment industry group
43.18
- Max
- 110.34
- Q3
- 66.81
- ADI
- 43.18
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
CBRS
Semiconductors & Semiconductor Equipment industry group
--
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
- CBRS
- --
P/S Ratio (TTM)
Both look expensive on sales: Analog Devices (ADI) at 12.69 sits in the upper P/S ratio quartile, and Cerebras Systems (CBRS) at 31.30 prices even higher, above its industry range.
ADI
Semiconductors & Semiconductor Equipment industry group
12.69
- Max
- 21.42
- ADI
- 12.69
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
CBRS
Semiconductors & Semiconductor Equipment industry group
31.30
- CBRS
- 31.30
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Cerebras Systems (CBRS) at 2.23 sits in the lower P/B ratio quartile against book while Analog Devices (ADI) at 5.25 is valued near its industry’s middle — CBRS is cheaper on assets, though weigh it against ROE and asset quality.
ADI
Semiconductors & Semiconductor Equipment industry group
5.25
- Max
- 14.06
- Q3
- 7.44
- ADI
- 5.25
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
CBRS
Semiconductors & Semiconductor Equipment industry group
2.23
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- CBRS
- 2.23
- Min
- 0.20
Valuation Metrics
| Metric | ADI | CBRS |
|---|---|---|
| P/E Ratio (TTM) | 43.18 | -- |
| P/S Ratio (TTM) | 12.69 | 31.30 |
| P/B Ratio (MRQ) | 5.25 | 2.23 |
| Free Cash Flow Yield (TTM) | 2.35% | -- |