QuantumScape (QS) Company Overview

QuantumScape Corporation is a speculative stock focused on developing solid-state lithium batteries for EVs, with significant milestones but no commercial product yet. Despite cash burn and no revenue, QS has a strong balance sheet and potential to operate and cover potential delays. Sustained EV demand and QS's advanced pilot production facility position it well to capture market opportunities, but competition risks must be considered.

SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2024 fourth-quarter business results after market close on Wednesday, February 12, 2025. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, January.

QuantumScape (QS -0.76%), a developer of solid-state lithium metal batteries, initially dazzled investors after its public debut in November 2020. It went public by merging with a special purpose acquisition company (SPAC), and its stock opened at $24.80 on the first day before surging to an all-time high of $131.67 a month later.

QuantumScape (QS -9.40%) stock is sinking in Wednesday's trading. The solid-state battery specialist's share price was down 9.5% as of 1:30 p.m.

QuantumScape's development of solid-state lithium metal cells for EV applications positions the firm as a key player in its niche. As the whole niche develops, QS should be able to keep its liquidity in sufficient amounts to grow and break even in terms of EPS sooner than currently expected. Some studies show that the solid-state battery market's probable size of ~$126.6 in 10-12 years should narrow the gap with the lithium-ion battery market significantly.

On Monday, the S&P 500 had a strong performance, with QuantumScape (NYSE: QS) being a key highlight. By the end of the trading day, the solid-state EV battery company had risen by 9.5% and even reached over 13% at times. With today's increase, the stock has already climbed nearly 27% in 2025, showing gains in every trading session so far.

In this video, Motley Fool contributor Jason Hall breaks down QuantumScape (QS 8.30%), including the potential, risks, and his prediction for it over the next five-plus years.

With the burgeoning electric vehicle industry expanding globally, this backdrop offers a twofold benefit for electric vehicle battery technology specialist QuantumScape QS. First, the obvious point: more next-generation vehicles should translate to greater demand for advanced batteries.

QuantumScape: Waiting For A  Major Breakthrough In 2025