Examining QuantumScape Stock Ownership Before Q3 Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 18 2025
0mins
Should l Buy QS?
Source: TipRanks
Stock Performance: QuantumScape Corporation's shares have surged nearly 196% year-to-date due to optimism surrounding its solid-state battery technology and renewed interest in electric vehicle stocks, with earnings results expected on October 22.
Ownership and Analyst Ratings: Public companies and individual investors own 76.36% of QuantumScape, with Vanguard Index Funds holding the largest stake. Analysts have a Hold consensus rating on the stock, with an average price target suggesting a potential downside of 41.41%.
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Analyst Views on QS
Wall Street analysts forecast QS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QS is 11.29 USD with a low forecast of 2.50 USD and a high forecast of 16.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
0 Buy
6 Hold
2 Sell
Hold
Current: 8.820
Low
2.50
Averages
11.29
High
16.00
Current: 8.820
Low
2.50
Averages
11.29
High
16.00
About QS
QuantumScape Corporation is developing solid-state lithium-metal battery technology for electric vehicles (EVs) and other applications. The Company’s solid-state lithium-metal battery technology is designed to offer energy density, faster charging, and enhanced safety. Its battery cells have none of the host materials used in conventional anodes. The Company's cells are anode-free in that they are manufactured without anodes in a discharged state. It has demonstrated a solid-state separator for lithium-metal batteries capable of resisting dendrite formation at higher power densities, such as those required for automotive applications and fast charging, for at least 800 cycles at around 25 degrees Celsius. The Company's solid-state electrolyte-separator is a dense, entirely inorganic ceramic. The Company's solid-state battery technology has applicability in other markets, including stationary storage and consumer electronics, such as smartphones and wearables, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
QuantumScape Stock Drops 6.3% Following Q4 Earnings Report
- Stock Performance: QuantumScape shares fell by 6.3% following the release of their Q4 results.
- Market Reaction: The decline in stock price indicates investor concerns or disappointment regarding the company's financial performance or outlook.
See More
QuantumScape Reports Q4 Earnings Beat Estimates, Sets 2026 Goals
- Earnings Beat: QuantumScape reported a Q4 loss of $0.17 per share, surpassing estimates of a $0.18 loss, indicating improved financial management that may bolster investor confidence.
- Capital Expenditures: The company incurred $12.3 million in capital expenditures in Q4, totaling $36.3 million for 2025, reflecting ongoing investments in technology development and production capacity aimed at enhancing future market competitiveness.
- Customer Billings Growth: Customer billings reached $19.5 million in 2025, showcasing positive developments in customer base and market demand, potentially laying the groundwork for future revenue growth.
- Future Strategic Goals: QuantumScape has set goals for 2026 focused on demonstrating scalable production of its solid-state battery technology while collaborating closely with global automakers, indicating the company's long-term growth potential in battery technology.
See More
QuantumScape Updates on Commercialization Progress Amid Stock Decline
- Commercialization Update: QuantumScape provided an update on its commercialization progress in its fourth-quarter report, revealing significant advancements in 2025, yet projecting another year of losses in 2026, which contributed to a stock decline of over 10%.
- New Production Line Launch: The company launched its Eagle Line battery cell pilot production line, with the CEO stating that this platform will demonstrate scalable production capabilities of solid-state technology to meet customer demand for better batteries, marking a major step in commercialization.
- Customer Expansion: In Q4, QuantumScape added two large global automotive OEMs to its customer roster, with nearly $20 million in customer billings expected in 2025, indicating strong customer activity and potential future cash inflows.
- Capital Expenditure Outlook: Despite adopting a capital-light model, the company forecasts capital expenditures between $40 million and $60 million for 2026, with management guiding for an adjusted EBITDA loss of $250 million to $275 million, significantly higher than Wall Street's projection of $201 million.
See More
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- Restaurant Brands Challenges: Despite reporting revenue and profit beats, Restaurant Brands' shares fell 6%, primarily due to rising costs, including beef, which pressured profits, reflecting the dual challenges of intensified industry competition and cost pressures.
- Cognex Stock Surge: Cognex shares jumped over 37% after reporting adjusted earnings and revenue beats for the fourth quarter, along with optimistic guidance for the current quarter, showcasing significant advancements in AI-enabled industrial machine vision technology.
- Equinix Exceeds Guidance: Equinix shares rose 12% after projecting adjusted EBITDA of $5.141 billion to $5.221 billion by 2026, surpassing analyst expectations, demonstrating strong growth potential in the digital infrastructure sector.
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QuantumScape Reports Q4 Loss Below Estimates, Focuses on 2026 Production Goals
- Earnings Beat: QuantumScape reported a fourth-quarter loss of $0.17 per share, outperforming estimates of a $0.18 loss, indicating improvements in cost management and operational efficiency that may bolster investor confidence.
- Strong Liquidity: The company ended the period with $970.8 million in total liquidity, demonstrating sufficient financial resources for future development and technology R&D, which supports long-term strategic goals.
- Capital Expenditures: Capital expenditures totaled $12.3 million in Q4 and $36.3 million for the full year 2025, reflecting ongoing investments in technology and production capacity aimed at enhancing the competitiveness of its solid-state battery technology.
- 2026 Strategic Focus: QuantumScape plans to focus on demonstrating scalable production of its solid-state battery technology in 2026 while closely collaborating with global automakers to meet market demands and co-develop industrialization strategies, further solidifying its market position.
See More
QuantumScape Shares Drop Post-Earnings, Raising Concerns for Investors.
Company Performance: QuantumScape reported a fourth-quarter loss, leading to a decline in its stock price.
Future Projections: The company forecasted higher-than-expected capital spending for 2026, contributing to investor concerns.
See More
QuantumScape Stock Drops 6.3% Following Q4 Earnings Report
- Stock Performance: QuantumScape shares fell by 6.3% following the release of their Q4 results.
- Market Reaction: The decline in stock price indicates investor concerns or disappointment regarding the company's financial performance or outlook.
See More
QuantumScape Reports Q4 Earnings Beat Estimates, Sets 2026 Goals
- Earnings Beat: QuantumScape reported a Q4 loss of $0.17 per share, surpassing estimates of a $0.18 loss, indicating improved financial management that may bolster investor confidence.
- Capital Expenditures: The company incurred $12.3 million in capital expenditures in Q4, totaling $36.3 million for 2025, reflecting ongoing investments in technology development and production capacity aimed at enhancing future market competitiveness.
- Customer Billings Growth: Customer billings reached $19.5 million in 2025, showcasing positive developments in customer base and market demand, potentially laying the groundwork for future revenue growth.
- Future Strategic Goals: QuantumScape has set goals for 2026 focused on demonstrating scalable production of its solid-state battery technology while collaborating closely with global automakers, indicating the company's long-term growth potential in battery technology.
See More
QuantumScape Updates on Commercialization Progress Amid Stock Decline
- Commercialization Update: QuantumScape provided an update on its commercialization progress in its fourth-quarter report, revealing significant advancements in 2025, yet projecting another year of losses in 2026, which contributed to a stock decline of over 10%.
- New Production Line Launch: The company launched its Eagle Line battery cell pilot production line, with the CEO stating that this platform will demonstrate scalable production capabilities of solid-state technology to meet customer demand for better batteries, marking a major step in commercialization.
- Customer Expansion: In Q4, QuantumScape added two large global automotive OEMs to its customer roster, with nearly $20 million in customer billings expected in 2025, indicating strong customer activity and potential future cash inflows.
- Capital Expenditure Outlook: Despite adopting a capital-light model, the company forecasts capital expenditures between $40 million and $60 million for 2026, with management guiding for an adjusted EBITDA loss of $250 million to $275 million, significantly higher than Wall Street's projection of $201 million.
See More
Crocs Shares Surge 21% on Strong Earnings Guidance
- Crocs Strong Guidance: Crocs shares surged 21% after the company projected adjusted earnings between $2.67 and $2.77 per share for the current quarter, exceeding the market expectation of $2.52, indicating resilience and growth potential in the current economic climate.
- Restaurant Brands Challenges: Despite reporting revenue and profit beats, Restaurant Brands' shares fell 6%, primarily due to rising costs, including beef, which pressured profits, reflecting the dual challenges of intensified industry competition and cost pressures.
- Cognex Stock Surge: Cognex shares jumped over 37% after reporting adjusted earnings and revenue beats for the fourth quarter, along with optimistic guidance for the current quarter, showcasing significant advancements in AI-enabled industrial machine vision technology.
- Equinix Exceeds Guidance: Equinix shares rose 12% after projecting adjusted EBITDA of $5.141 billion to $5.221 billion by 2026, surpassing analyst expectations, demonstrating strong growth potential in the digital infrastructure sector.
See More
QuantumScape Reports Q4 Loss Below Estimates, Focuses on 2026 Production Goals
- Earnings Beat: QuantumScape reported a fourth-quarter loss of $0.17 per share, outperforming estimates of a $0.18 loss, indicating improvements in cost management and operational efficiency that may bolster investor confidence.
- Strong Liquidity: The company ended the period with $970.8 million in total liquidity, demonstrating sufficient financial resources for future development and technology R&D, which supports long-term strategic goals.
- Capital Expenditures: Capital expenditures totaled $12.3 million in Q4 and $36.3 million for the full year 2025, reflecting ongoing investments in technology and production capacity aimed at enhancing the competitiveness of its solid-state battery technology.
- 2026 Strategic Focus: QuantumScape plans to focus on demonstrating scalable production of its solid-state battery technology in 2026 while closely collaborating with global automakers to meet market demands and co-develop industrialization strategies, further solidifying its market position.
See More
QuantumScape Shares Drop Post-Earnings, Raising Concerns for Investors.
Company Performance: QuantumScape reported a fourth-quarter loss, leading to a decline in its stock price.
Future Projections: The company forecasted higher-than-expected capital spending for 2026, contributing to investor concerns.
See More
