Profile
Sector:
Consumer CyclicalIndustry:
Auto PartsCountry:
United StatesIPO:
17 August 2020Website:
http://www.quantumscape.comNext earnings report:
14 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:57:18 GMTDividend
Analysts recommendations
Institutional Ownership
QS Latest News
An updated presentation from QuantumScape brought investors back down to earth this week.
Investors have good news from a company that's trying to do what hasn't been done before.
Investors must weigh QuantumScape's massive potential against its chances of realizing that potential.
I reiterate my buy rating for QS due to significant progress in R&D and manufacturing, bringing them closer to revenue generation in FY25. QS met all FY24 goals, including shipping Alpha-2 prototypes, ramping up Raptor manufacturing, and starting B-sample production, showcasing strong execution. The balance sheet remains solid with $841 million in cash, providing a 2+ year runway, ensuring financial stability during the R&D phase.
QuantumScape Co. NYSE: QS is a battery technology company that has been developing its next-generation solid-state lithium-metal electric vehicle (EV) battery for nearly 15 years. The auto/tires/trucks sector company is in its final stages before commercialization commences in 2025, when they start shipping their commercial batteries to start generating revenue.
The innovative battery technology company is making excellent progress.
The solid-state battery maker still has a lot to prove.
QuantumScape announced the first production of B Sample cells and deployment of Raptor, with higher volume production expected in 2025 via Cobra and PowerCo partnership. Despite technological advancements, long-term operational risks and waning EV interest can make timing the most important factor for QuantumScape's success. QuantumScape's financials show $841mm in liquidity, but additional equity raises are likely needed to sustain operations until potential commercialization in 2028.
QuantumScape's batteries could transform the electric-vehicle (EV) landscape.
QuantumScape Corporation (NYSE:QS ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants John Saager - Vice President, Capital Markets and FP&A Siva Sivaram - Chief Executive Officer Kevin Hettrich - Chief Financial Officer Conference Call Participants Gabriel Gonzales - UBS Henry Roberts - Truist Securities Winnie Dong - Deutsche Bank Ben Kallo - Baird Mark Shooter - William Blair Operator Good day, and welcome to QuantumScape's Third Quarter 2024 Earnings Conference Call. John Saager, QuantumScape's Vice President of Capital Markets and FP&A, you may begin your conference.
What type of business is QuantumScape?
QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.
What sector is QuantumScape in?
QuantumScape is in the Consumer Cyclical sector
What industry is QuantumScape in?
QuantumScape is in the Auto Parts industry
What country is QuantumScape from?
QuantumScape is headquartered in United States
When did QuantumScape go public?
QuantumScape initial public offering (IPO) was on 17 August 2020
What is QuantumScape website?
https://www.quantumscape.com
Is QuantumScape in the S&P 500?
No, QuantumScape is not included in the S&P 500 index
Is QuantumScape in the NASDAQ 100?
No, QuantumScape is not included in the NASDAQ 100 index
Is QuantumScape in the Dow Jones?
No, QuantumScape is not included in the Dow Jones index
When was QuantumScape the previous earnings report?
No data
When does QuantumScape earnings report?
The next expected earnings date for QuantumScape is 14 February 2025