
QuantumScape (NYSE:QS | QS Price Prediction) has become one of the more curious setups in the electric vehicle (EV) supply chain: a deeply battered equity sitting on genuinely scarce solid-state lithium-metal IP.
QuantumScape Corporation, a development-stage company, is engaged in the development and commercialization of solid-state lithium metal batteries for electric vehicles and other applications. The company is headquartered in San Jose, California.
| Revenue (TTM) | 0 |
| Gross Profit (TTM) | 0 |
| EBITDA | $-397.87M |
| Operating Margin | 0.00% |
| Return on Equity | -39.10% |
| Return on Assets | -24.30% |
| Revenue/Share (TTM) | $0.00 |
| Book Value | $1.80 |
| Price-to-Book | 3.04 |
| Price-to-Sales (TTM) | — |
| EV/Revenue | - |
| EV/EBITDA | -7.22 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 0.00% |
| Shares Outstanding | $578.34M |
| Float | $510.59M |
| % Insiders | 13.35% |
| % Institutions | 41.34% |
Volatility is currently expanding

QuantumScape (NYSE:QS | QS Price Prediction) has become one of the more curious setups in the electric vehicle (EV) supply chain: a deeply battered equity sitting on genuinely scarce solid-state lithium-metal IP.

Why did QuantumScape's Q2 earnings beat turn into a 13% rout? Read on to know if it's a buying opportunity or time to exit.

QuantumScape is upgraded to Buy, while Solid Power is downgraded to Hold, reflecting a shift from pair trade to single-name conviction. QS demonstrates superior funding quality, avoiding equity dilution and showing disciplined capital spending, while SLDP relies more on share issuance for liquidity. Recent QS progress includes exceeding annual billings targets, securing a multi-year Honda partnership, and reducing full-year capital guidance, strengthening its strategic position.

QuantumScape (QS) stock is under immense pressure on July 23 after the solid-state lithium metal batteries specialist posted earnings for its second financial quarter. While the company technically beat bottomline estimates on paper, a deeper dive into the quarterly release reveals a few major negatives that are leading to bearish sentiment this morning.

QuantumScape (NYSE:QS | QS Price Prediction) shares are down 14% to $5.03 in Thursday morning trading, extending a rough stretch for the solid-state battery developer.

QS narrows its Q2 loss as Eagle Line gains and $10.8M in customer billings mark progress toward commercialization.

QuantumScape is widening its commercialization path with Honda, AI data centers and defense while keeping its PowerCo automotive goals intact.

QuantumScape (QS) is downgraded to Sell as key revenue drivers weaken and dilution risk rises. PowerCo, the anchor customer, sharply reduced its financial commitment, undermining QS's projected billings and valuation model. Honda's partnership is limited to research, offering no supply deal or material revenue offset, while competitive and technological risks persist.

QuantumScape Corporation (QS) Q2 2026 Earnings Call Transcript

SAN JOSE, Calif., July 22, 2026 (GLOBE NEWSWIRE) -- QuantumScape Corporation (NASDAQ: QS), a global leader in next-generation solid-state lithium-metal battery technology, today announced its business and financial results for the second quarter of 2026, which ended June 30.
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