QuantumScape (NYSE:QS) Issues Earnings Results

QuantumScape (NYSE:QS) released its earnings results on Wednesday. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01), Briefing.com reports. The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.22) earnings per share.

Here are the key takeaways from QuantumScape’s conference call:

• QuantumScape reported delivery on 2025 milestones — integration of the Cobra process, shipment of COBRA‑based QSE‑5 cells (including the Ducati IAA demo), and inauguration of the pilot Eagle Line as a production blueprint.
• Commercial momentum expanded as the company deepened its collaboration with PowerCo/Volkswagen, added two major global OEMs, and recorded its first customer billings of $19.5 million.
• Financials show progress but ongoing losses — 2025 adjusted EBITDA loss of $252.3 million, 2026 adjusted EBITDA guidance of $250–275 million, CapEx guidance of $40–60 million, and year‑end liquidity of $970.8 million.
• The company is pursuing a capital‑light licensing model supported by ecosystem partners (e.g., Murata, Corning), positioning the Eagle Line as a transferable blueprint for customers to scale to gigawatt‑hour production.

QuantumScape Price Performance

QuantumScape stock traded down $0.12 during trading hours on Wednesday, reaching $8.82. 18,582,334 shares of the stock were exchanged, compared to its average volume of 15,510,124. The company has a current ratio of 21.14, a quick ratio of 21.14 and a debt-to-equity ratio of 0.02. QuantumScape has a twelve month low of $3.40 and a twelve month high of $19.07. The company has a market cap of $5.30 billion, a P/E ratio of -10.89 and a beta of 2.51. The stock has a 50 day moving average of $10.69 and a two-hundred day moving average of $11.57.

Insider Activity

In related news, Director Jeffrey B. Straubel sold 27,106 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $11.28, for a total transaction of $305,755.68. Following the sale, the director owned 239,722 shares in the company, valued at approximately $2,704,064.16. This trade represents a 10.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Kevin Hettrich sold 9,800 shares of QuantumScape stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $10.59, for a total transaction of $103,782.00. Following the completion of the transaction, the chief financial officer directly owned 1,485,138 shares in the company, valued at $15,727,611.42. This trade represents a 0.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 4,257,169 shares of company stock worth $48,407,629. Insiders own 5.48% of the company’s stock.

Hedge Funds Weigh In On QuantumScape

A number of institutional investors have recently modified their holdings of QS. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of QuantumScape by 456.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,759,334 shares of the company’s stock worth $19,799,000 after buying an additional 3,904,168 shares during the last quarter. Two Sigma Investments LP grew its position in QuantumScape by 150.1% in the third quarter. Two Sigma Investments LP now owns 3,630,275 shares of the company’s stock valued at $44,725,000 after acquiring an additional 2,178,918 shares during the last quarter. Man Group plc acquired a new position in QuantumScape during the third quarter worth about $44,421,000. Bank of America Corp DE lifted its holdings in shares of QuantumScape by 148.0% in the second quarter. Bank of America Corp DE now owns 2,803,989 shares of the company’s stock worth $18,843,000 after acquiring an additional 1,673,472 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of QuantumScape by 2,036.7% in the second quarter. BNP Paribas Financial Markets now owns 2,452,835 shares of the company’s stock worth $16,483,000 after acquiring an additional 2,338,038 shares during the last quarter. Institutional investors and hedge funds own 29.87% of the company’s stock.

Analyst Ratings Changes

QS has been the topic of a number of recent research reports. Morgan Stanley assumed coverage on QuantumScape in a research report on Monday, December 8th. They issued an “equal weight” rating and a $12.00 target price on the stock. TD Cowen reaffirmed a “hold” rating on shares of QuantumScape in a research note on Thursday, October 30th. Deutsche Bank Aktiengesellschaft set a $10.00 price objective on shares of QuantumScape and gave the company a “hold” rating in a report on Thursday, October 23rd. Evercore reaffirmed an “in-line” rating and issued a $12.00 target price (up previously from $8.00) on shares of QuantumScape in a research report on Monday, November 24th. Finally, HSBC cut shares of QuantumScape from a “hold” rating to a “reduce” rating and raised their target price for the company from $5.30 to $10.50 in a research note on Wednesday, November 19th. Six research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $9.17.

QuantumScape Company Profile

QuantumScape Corporation is a development-stage company specializing in the research and commercialization of next-generation solid-state lithium-metal batteries for electric vehicles. The company’s core technology replaces the traditional liquid electrolyte with a solid ceramic separator, aiming to deliver higher energy density, faster charging times and enhanced safety compared to conventional lithium-ion cells. QuantumScape’s product roadmap focuses on enabling electric vehicle manufacturers to extend driving range and reduce charging downtime, addressing key barriers to widespread EV adoption.

Founded in 2010 and headquartered in San Jose, California, QuantumScape has attracted significant strategic investment and formed partnerships with leading automotive OEMs.