QuantumScape's strategic partnership with Volkswagen and advancements in manufacturing technology position it as a strong buy despite recent stock price dips. The company's financial health, including sufficient liquidity until 2028 and improved EPS, underscores efficient capital management. Conservative revenue projections and P/S ratios suggest QuantumScape can deliver a 37% annualized return by FY2032, making it an attractive investment.
Electric vehicles (EVs) have the potential to revolutionize transportation. While the technology is evolving, mass adoption still encounters hurdles -- mainly around charging times and driving range compared to traditional gas-powered vehicles.
QuantumScape (QS 2.50%), a developer of solid-state batteries for electric vehicles (EVs), is again becoming quite an item on the stock market. Following the company's most recently published earnings report, investors have become notably more bullish on its shares, pushing their value higher.
QuantumScape (QS 2.50%), a developer of solid-state lithium metal batteries, posted its fourth-quarter report on Feb. 12. It didn't generate any revenue since it hasn't commercialized any of its batteries yet.
The S&P 500 and Dow Jones Industrial Average are moving in different directions at the start of this short trading week, while QuantumScape's shares are rising significantly. The electric vehicle manufacturer has revealed its intention to use solid-state batteries in its cars, which has caught the attention of investors. As of 11:33 a.m. ET, QuantumScape's stock has increased by 6.3%.
While the S&P 500 (^GSPC -0.06%) and Dow Jones Industrial Average (^DJI -0.21%) are inching in opposite directions to start this shortened trading week, shares of QuantumScape (QS 3.44%) are moving decisively higher. A leading electric vehicle (EV) manufacturer has announced its plan to use solid-state batteries in their vehicles, and investors are sitting up and taking notice of the news.
Here is how QuantumScape Corporation (QS) and XPeng Inc. Sponsored ADR (XPEV) have performed compared to their sector so far this year.
Despite some recent headwinds, there are still plenty of reasons to be optimistic about electric vehicle stocks. For one, sales of EVs are making gains.
QuantumScape Corporation (NYSE:QS ) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants John Saager - Vice President, Capital Markets and FP&A Siva Sivaram - President and Chief Executive Officer Kevin Hettrich - Chief Financial Officer Conference Call Participants Winnie Dong - Deutsche Bank Henry Roberts - Truist Securities Mark Shooter - William Blair Davis Sunderland - Baird Aman Gupta - Goldman Sachs Operator Good day and welcome to QuantumScape's Fourth Quarter 2024 Earnings Conference Call. John Saager, QuantumScape's Vice President of Capital Markets, you may begin your conference.
SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the fourth quarter of 2024, which ended December 31. The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com, that details fourth-quarter financial results and provides a business update. QuantumScape will host a live webcast today at 2 p.m. Pacific Tim.