The high expected volatility suggests investors expect the earnings report to move the stock sharply. Much of the focus will be on whether D-Wave meets expectations and what management says about the quarters ahead.
QBTS stock is down more than 38% this year, partly due to the broader tech selloff.
Here’s What Analysts Expect from QBTS
Last month, Roth Capital analyst Suji Desilva maintained a Buy rating on D-Wave stock. The analyst said D-Wave’s dual-rail qubit technology supports its product roadmap. Desilva also pointed to new hardware customers and a larger Quantum Computing as a Service (QCaaS) contract as signs that the company’s sales pipeline is improving.
Wall Street expects the company to post a loss per share of $0.09, compared with a loss of $0.08 a year ago. Revenue is expected to rise about 30% year over year to $4.03 million.
