Cerebras Systems (CBRS) shares have been a major disappointment for investors in 2026, but the options market believes some recovery in the near term is likely after the company’s Q2 earnings on Aug. 12. Consensus is for the semiconductor giant to report a loss of $0.21 per share for its second financial quarter, slightly narrower than the loss of $0.22 it recorded for its fiscal Q1.
Heading into the quarterly release, Cerebras stock is down more than 25% versus the start of this year.