diff --git a/src/bfloat16.jl b/src/bfloat16.jl
index c2a3ec4..79ef956 100644
--- a/src/bfloat16.jl
+++ b/src/bfloat16.jl
@@ -362,6 +362,13 @@ function Base.show(io::IO, x::BFloat16)
 end
 Printf.tofloat(x::BFloat16) = Float32(x)
 
+# Parsing
+Base.parse(::Type{BFloat16}, s::AbstractString) = BFloat16(parse(Float32, s))
+function Base.tryparse(::Type{BFloat16}, s::AbstractString)
+    r = tryparse(Float32, s)
+    return isnothing(r) ? nothing : BFloat16(r)
+end
+
 # Random
 import Random: rand, randn, randexp, AbstractRNG, Sampler
 
diff --git a/test/runtests.jl b/test/runtests.jl
index 0696ce7..d1b9974 100644
--- a/test/runtests.jl
+++ b/test/runtests.jl
@@ -146,6 +146,31 @@ end
     @test repr(BFloat16(2)) == "BFloat16(2.0)"
 end
 
+@testset "parse" for _parse in (parse, tryparse)
+    @test _parse(BFloat16, "Inf") === BFloat16(Inf)
+    @test _parse(BFloat16, "-Inf") === BFloat16(-Inf)
+    nan16 = _parse(BFloat16, "NaN")
+    @test isnan(nan16)
+    @test isa(nan16, BFloat16)
+    @test _parse(BFloat16, "2") === BFloat16(2)
+    @test _parse(BFloat16, "1.3") === BFloat16(1.3)
+    @test _parse(BFloat16, "+234.6") === BFloat16(234.6)
+    @test _parse(BFloat16, "    +234.7") === BFloat16(234.7)
+    @test _parse(BFloat16, "    -234.8") === BFloat16(-234.8)
+    @test _parse(BFloat16, "    -234.90") === BFloat16(-234.9)
+    @test _parse(BFloat16, "    235.10 ") === BFloat16(235.1)
+    @test _parse(BFloat16, "000235.20 ") === BFloat16(235.2)
+    @test _parse(BFloat16, "4e+03") === BFloat16(4e3)
+    @test _parse(BFloat16, "5.e+04") === BFloat16(5e4)
+    @test _parse(BFloat16, "0x1.3cp+0") === BFloat16(1.234375)
+    @test _parse(BFloat16, "0X1.3CP+0") === BFloat16(1.234375)
+end
+
+@testset "not parseable" for str in ("635.3X", "X635.4", "ABCDE", "1e0e0")
+    @test tryparse(BFloat16, str) === nothing
+    @test_throws ArgumentError parse(BFloat16, str)
+end
+
 @testset "random" begin
     x = Array{BFloat16}(undef, 10)
     y = Array{BFloat16}(undef, 10)