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CBRS vs. TER: Cerebras Systems vs. Teradyne Stock Comparison

How do Cerebras Systems (CBRS) and Teradyne (TER) 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

Cerebras Systems (CBRS) and Teradyne (TER) both belong to the Semiconductors & Semiconductor Equipment industry, though CBRS is classified under Semiconductors while TER falls under Semiconductor Materials & Equipment.

Teradyne (TER) has been public since February 21, 1973, 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.

Company profile comparison for Cerebras Systems (CBRS) and Teradyne (TER)
Profile ItemCBRSTER
NameCerebras Systems Inc. Class A Common StockTeradyne, Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductor Materials & Equipment
Market Capitalization21.30 billion USD34.07 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateMay 14, 2026February 21, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CBRS
TER
GSPC
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Cerebras Systems (CBRS) vs. Teradyne (TER), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Cerebras Systems (CBRS) and Teradyne (TER). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Cerebras Systems (CBRS) and Teradyne (TER). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Cerebras Systems (CBRS) and Teradyne (TER)
MetricCBRSTER
Total Return (1Y)--31.13%
Total Return (3Y, Annualized)--41.60%
Total Return (5Y, Annualized)--10.83%

Risk Profile

Drawdown History

CBRS
TER
GSPC
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Cerebras Systems (CBRS) vs. Teradyne (TER), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Cerebras Systems (CBRS) and Teradyne (TER). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cerebras Systems (CBRS) and Teradyne (TER)
MetricCBRSTER
Volatility (1Y, Annualized)113.27%78.35%
Beta (5Y)1.861.78
Max Drawdown (5Y)-73.73%-59.12%
Avg. Volume (3M)8.89M3.01M

Risk-Adjusted Performance

Risk-Return Positioning

Both CBRS and TER need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for Cerebras Systems (CBRS) and Teradyne (TER)
MetricCBRSTER
Sharpe Ratio (1Y)--0.34
Sortino Ratio (1Y)--0.48

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Teradyne (TER) earns 42.72% on shareholders’ equity, ranked against its industry; Cerebras Systems (CBRS) has no ROE this period.

CBRS

Semiconductors & Semiconductor Equipment industry group

--

Max
52.82%
Q3
22.26%
Median
10.58%
Q1
1.29%
Min
-16.89%
CBRS
--

TER

Semiconductors & Semiconductor Equipment industry group

42.72%

Max
52.82%
TER
42.72%
Q3
22.26%
Median
10.58%
Q1
1.29%
Min
-16.89%
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Cerebras Systems (CBRS) vs. Teradyne (TER): CBRS does not report ROE, so it has no value marker; TER is benchmarked against the Semiconductors & Semiconductor Equipment industry group.

Net Margin (TTM)

Cerebras Systems (CBRS) reports a negative net margin of -75.27%, usually indicating a net loss over the period. Meanwhile Teradyne (TER) reports 27.46%, ranking against industry peers normally.

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%

TER

Semiconductors & Semiconductor Equipment industry group

27.46%

Max
63.80%
Q3
28.36%
TER
27.46%
Median
11.44%
Q1
0.90%
Min
-37.77%
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Cerebras Systems (CBRS) vs. Teradyne (TER): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

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 Teradyne (TER) reports 30.87%, ranking against industry peers normally.

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%

TER

Semiconductors & Semiconductor Equipment industry group

30.87%

Max
58.66%
TER
30.87%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%
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Cerebras Systems (CBRS) vs. Teradyne (TER): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Cerebras Systems (CBRS) and Teradyne (TER)
MetricCBRSTER
ROE (TTM)--42.72%
ROA (TTM)--21.59%
Net Margin (TTM)-75.27%27.46%
Operating Margin (TTM)-264.97%30.87%
Gross Margin (TTM)34.90%59.32%

Growth

Revenue Growth

Cerebras Systems (CBRS) at 75.71% clears its industry range for revenue growth, far stronger top-line momentum than Teradyne (TER) at 13.13%, which is closer to a typical peer reading.

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Cerebras Systems (CBRS) vs. Teradyne (TER): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Teradyne (TER) reports EPS growth of 4.52%, ranked against its industry; Cerebras Systems (CBRS) has no EPS growth figure this period.

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Cerebras Systems (CBRS) vs. Teradyne (TER): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cerebras Systems (CBRS) and Teradyne (TER)
MetricCBRSTER
Revenue Growth (YoY)75.71%13.13%
Revenue Growth (3Y CAGR)174.64%0.37%
EPS Growth (YoY)--4.52%
EPS Growth (3Y CAGR)---6.31%

Financial Strength

Current Ratio (MRQ)

Cerebras Systems (CBRS) at 5.83 carries current ratio above its industry’s typical mid-range, while Teradyne (TER) at 2.08 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

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

TER

Semiconductors & Semiconductor Equipment industry group

2.08

Max
10.33
Q3
5.62
Median
3.33
Q1
2.35
TER
2.08
Min
1.03
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Cerebras Systems (CBRS) vs. Teradyne (TER): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Teradyne (TER) at 0.04 keeps leverage in the lower industry quartile, while Cerebras Systems (CBRS) at 0.16 runs a more typical debt-to-equity mix.

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

TER

Semiconductors & Semiconductor Equipment industry group

0.04

Max
1.46
Q3
0.65
Median
0.27
Q1
0.04
TER
0.04
Min
0.00
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Cerebras Systems (CBRS) vs. Teradyne (TER): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Cerebras Systems (CBRS) and Teradyne (TER)
MetricCBRSTER
Current Ratio (MRQ)5.832.08
Debt / Equity (MRQ)0.160.04
Net Debt / EBITDA---0.19

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 Teradyne (TER) reports a yield of 0.24%, ranking against industry peers normally.

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%

TER

Semiconductors & Semiconductor Equipment industry group

0.24%

Max
1.37%
Q3
0.65%
TER
0.24%
Median
0.00%
Q1
0.00%
Min
0.00%
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Cerebras Systems (CBRS) vs. Teradyne (TER): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

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 Teradyne (TER) reports a payout of 5.86%, ranking against industry peers normally.

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%

TER

Semiconductors & Semiconductor Equipment industry group

5.86%

Max
49.64%
Q3
21.71%
TER
5.86%
Median
0.00%
Q1
0.00%
Min
0.00%
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Cerebras Systems (CBRS) vs. Teradyne (TER): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Cerebras Systems (CBRS) and Teradyne (TER)
MetricCBRSTER
Dividend Yield (TTM)0.00%0.24%
Dividend Payout Ratio (TTM)0.00%5.86%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Teradyne (TER) trades at 25.08 times trailing earnings, ranked against its peers, while Cerebras Systems (CBRS) has no P/E ratio this period.

CBRS

Semiconductors & Semiconductor Equipment industry group

--

Max
110.34
Q3
66.81
Median
37.02
Q1
23.96
Min
8.12
CBRS
--

TER

Semiconductors & Semiconductor Equipment industry group

25.08

Max
110.34
Q3
66.81
Median
37.02
TER
25.08
Q1
23.96
Min
8.12
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Cerebras Systems (CBRS) vs. Teradyne (TER): CBRS does not report P/E ratio, so it has no value marker; TER is benchmarked against the Semiconductors & Semiconductor Equipment industry group.

P/S Ratio (TTM)

Teradyne (TER) at 6.81 prices around its industry’s typical P/S ratio, while Cerebras Systems (CBRS) at 31.30 clears its benchmark range — CBRS looks notably rich on sales.

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

TER

Semiconductors & Semiconductor Equipment industry group

6.81

Max
21.42
Q3
12.27
TER
6.81
Median
5.76
Q1
2.73
Min
0.00
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Cerebras Systems (CBRS) vs. Teradyne (TER): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Cerebras Systems (CBRS) at 2.23 looks cheap against book in the lower P/B ratio quartile, while Teradyne (TER) at 9.24 carries a premium in the upper quartile — a clear price-to-book gap.

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

TER

Semiconductors & Semiconductor Equipment industry group

9.24

Max
14.06
TER
9.24
Q3
7.44
Median
4.29
Q1
2.30
Min
0.20
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Cerebras Systems (CBRS) vs. Teradyne (TER): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Cerebras Systems (CBRS) and Teradyne (TER)
MetricCBRSTER
P/E Ratio (TTM)--25.08
P/S Ratio (TTM)31.306.81
P/B Ratio (MRQ)2.239.24
Free Cash Flow Yield (TTM)--1.76%