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Breaks $248 Resistance, Can Q2 2026 Earnings Push Stock Back to $300?

Breaks $248 Resistance, Can Q2 2026 Earnings Push Stock Back to $300?

TradingKey – On August 12 Eastern Time, Cerebras Systems (CBRS), which went public in May this year, will release its second-quarter fiscal 2026 financial results after the market close. According to previous company guidance, its second-quarter core revenue is expected to be approximately $194 million, representing an 88% year-over-year increase.

The market is watching whether the company can achieve margin improvement this quarter after securing major clients such as OpenAI. Cerebras stated in its previous earnings report that its core gross margin for the second fiscal quarter would drop significantly to between 36% and 38%, far below the 46.5% level recorded in the first fiscal quarter. Meanwhile, core operating margin is expected to…

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