Should I Buy QS? QS 2026 Analysis

Should You Buy Quantumscape Corp (QS) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

9.860

1 Day change

-0.76%

52 Week Range

19.070

Analysis Updated At

2026/01/26

QuantumScape Corp is not a strong buy for a beginner, long-term investor at this time. The company's financial performance is weak, with no revenue growth and increasing losses. Analyst sentiment is mixed to negative, with concerns about cash burn and delayed revenue timelines. While hedge funds are buying, there are no significant insider or congress trades to support confidence. Technical indicators are neutral, and no proprietary trading signals are present. For a long-term investor, it may be better to wait for clearer signs of financial and operational improvement.

Technical Analysis

The MACD histogram is positive but contracting, indicating weakening momentum. RSI is neutral at 40.816, and moving averages are converging, suggesting no clear trend. Key support is at 10.142, and resistance is at 11.582. The stock is trading near support levels, but there is no strong bullish signal.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Hedge funds are significantly increasing their positions, with a 294.40% increase in buying over the last quarter. The company has announced plans to test solid-state batteries in real vehicles by 2026, which could enhance its market competitiveness.

Neutral/Negative Catalysts

Analyst downgrades highlight concerns about valuation, cash runway, and delayed material revenue until
Limited visibility on contract economics and new revenue streams adds to the uncertainty.

Financial Performance

In Q3 2025, the company reported no revenue growth (0% YoY) and a net income loss of -$105.8M, down -11.50% YoY. EPS dropped to -0.18, down -21.74% YoY. Gross margin remains at 0%.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analyst sentiment is mixed to negative. Morgan Stanley rates the stock Equal Weight with a $12 price target, citing a balanced risk/reward. Evercore ISI downgraded the stock to In Line, citing valuation concerns and delayed auto revenue. HSBC downgraded the stock to Reduce, citing limited visibility on contract economics. TD Cowen raised the price target to $16 but maintained a Hold rating, noting positive updates on partnerships and ecosystem expansion.

8 Analyst Rating

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 2.5 USD and a high forecast of 16 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.

0 Buy

6 Hold

2 Sell

Hold

Current: 9.930

Low

2.5

Averages

11.29

High

Current: 9.930

Low

2.5

Averages

11.29

High

Morgan Stanley

Equal Weight

initiated

$12

AI Analysis

2025-12-08

Reason

Morgan Stanley

Price Target

$12

AI Analysis

2025-12-08

initiated

Equal Weight

Reason

Morgan Stanley initiated coverage of QuantumScape with an Equal Weight rating and $12 price target. The firm says the company continues burn cash and has a "finite" cash runway as it invests in next-stage programs. As such, it views the stock's current risk/reward as balanced.

Evercore ISI

Outperform -> In Line

downgrade

$8 -> $12

2025-11-24

Reason

Evercore ISI

Price Target

$8 -> $12

2025-11-24

downgrade

Outperform -> In Line

Reason

Evercore ISI downgraded QuantumScape to In Line from Outperform with a price target of $12, up from $8. The firm cites valuation for the downgrade with the shares up 200% year-to-date The analyst gives QuantumScape positive consideration to its non-auto opportunities in humanoid, drone and storage, but says material auto revenue now appears more likely to start in 2029.

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QS Should I Buy

QS Should I Buy

Should You Buy Quantumscape Corp (QS) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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