D-Wave Quantum Braces for Volatile Earnings Amid Quantum Computing Milestones
D-Wave Quantum (QBTS) faces heightened options volatility ahead of its Q3 earnings report, with traders pricing in a 12.9% swing—a stark contrast to its historical 0.04% post-earnings moves. The stock has already retreated 10% this week amid sector turbulence following Xanadu's IPO announcement.
Recent developments paint a mixed picture: The company achieved a production scheduling breakthrough using hybrid-quantum computing, slashing processing time from 10 hours to 5 seconds. Its Advantage2 quantum computer deployment at Davidson Technologies marks a strategic expansion of U.S. commercial access.
Wall Street anticipates a narrowed loss of $0.066 per share versus $0.072 year-over-year. The outsized options move reflects both Optimism about quantum computing's enterprise adoption and lingering skepticism about near-term monetization.
