QuantumScape (NYSE:QS) Posts Earnings Results, Misses Estimates By $0.01 EPS

QuantumScape (NYSE:QS) announced its quarterly earnings data on Wednesday. The company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01), Briefing.com reports. During the same period in the previous year, the company posted ($0.22) EPS. The firm’s revenue was up .0% on a year-over-year basis.

Here are the key takeaways from QuantumScape’s conference call:

• QuantumScape reported delivery on 2025 milestones — integration of the Cobra process, shipment of COBRA‑based QSE‑5 cells (including the Ducati IAA demo), and inauguration of the pilot Eagle Line as a production blueprint.
• Commercial momentum expanded as the company deepened its collaboration with PowerCo/Volkswagen, added two major global OEMs, and recorded its first customer billings of $19.5 million.
• Financials show progress but ongoing losses — 2025 adjusted EBITDA loss of $252.3 million, 2026 adjusted EBITDA guidance of $250–275 million, CapEx guidance of $40–60 million, and year‑end liquidity of $970.8 million.
• The company is pursuing a capital‑light licensing model supported by ecosystem partners (e.g., Murata, Corning), positioning the Eagle Line as a transferable blueprint for customers to scale to gigawatt‑hour production.

QuantumScape Stock Performance

Shares of NYSE QS traded down $0.79 during midday trading on Thursday, reaching $8.04. 11,302,492 shares of the company were exchanged, compared to its average volume of 15,367,062. The stock has a fifty day simple moving average of $10.62 and a 200 day simple moving average of $11.55. The stock has a market cap of $4.83 billion, a P/E ratio of -9.93 and a beta of 2.51. The company has a current ratio of 21.14, a quick ratio of 21.14 and a debt-to-equity ratio of 0.02. QuantumScape has a 1 year low of $3.40 and a 1 year high of $19.07.

Insiders Place Their Bets

In related news, insider Michael O. Mccarthy III sold 40,000 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $11.79, for a total value of $471,600.00. Following the completion of the sale, the insider directly owned 137,888 shares of the company’s stock, valued at approximately $1,625,699.52. This represents a 22.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Timothy Holme sold 201,785 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $12.51, for a total value of $2,524,330.35. Following the transaction, the chief technology officer owned 1,251,383 shares of the company’s stock, valued at $15,654,801.33. This trade represents a 13.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 4,257,169 shares of company stock valued at $48,407,629 over the last three months. 5.48% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On QuantumScape

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC bought a new position in shares of QuantumScape in the first quarter valued at $321,000. NewEdge Advisors LLC raised its stake in QuantumScape by 50.4% in the first quarter. NewEdge Advisors LLC now owns 21,224 shares of the company’s stock valued at $88,000 after purchasing an additional 7,111 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of QuantumScape by 456.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,759,334 shares of the company’s stock worth $19,799,000 after buying an additional 3,904,168 shares during the last quarter. Prudential Financial Inc. raised its position in shares of QuantumScape by 41.4% during the 2nd quarter. Prudential Financial Inc. now owns 31,439 shares of the company’s stock valued at $211,000 after buying an additional 9,210 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in QuantumScape by 685.5% in the second quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company’s stock valued at $25,000 after acquiring an additional 3,311 shares during the last quarter. Institutional investors own 29.87% of the company’s stock.

Key QuantumScape News

Here are the key news stories impacting QuantumScape this week:

• Positive Sentiment: Management highlighted strategic milestones and progress on product/production initiatives that support eventual commercialization and licensing upside. QuantumScape Corp (QS) Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Company posted Q4 business and financial results and hosted a webcast; revenue was essentially flat year-over-year, reflecting early-stage commercialization. QuantumScape Reports Fourth Quarter 2025 Business and Financial Results
• Neutral Sentiment: Co‑founder Fritz Prinz retired from the board — notable leadership change but not presented as altering corporate strategy. QuantumScape Co-Founder Fritz Prinz Retires From Board
• Negative Sentiment: Q4 EPS missed consensus by $0.01 (reported $-0.17 vs. -0.16) and revenue was flat — the miss and lack of topline growth disappointed traders focused on near-term execution. MarketBeat Q4 EPS/Transcript
• Negative Sentiment: Company guided to a sizeable adjusted-EBITDA loss for 2026 ($250M–$275M) and signaled higher FY26 capex to support Eagle Line production — increases near-term cash burn and raise financing/valuation concerns. Seeking Alpha: $250M–$275M adjusted EBITDA loss target
• Negative Sentiment: Analyst/media coverage notes the stock’s volatility and elevated short interest, which can amplify moves after earnings and guidance releases. Barron’s: QuantumScape Stock Tumbles After Earnings

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft set a $10.00 target price on QuantumScape and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Morgan Stanley started coverage on QuantumScape in a report on Monday, December 8th. They set an “equal weight” rating and a $12.00 target price for the company. HSBC downgraded shares of QuantumScape from a “hold” rating to a “reduce” rating and boosted their price objective for the company from $5.30 to $10.50 in a research report on Wednesday, November 19th. Evercore reaffirmed an “in-line” rating and issued a $12.00 target price (up from $8.00) on shares of QuantumScape in a research report on Monday, November 24th. Finally, Robert W. Baird set a $12.00 price objective on shares of QuantumScape in a report on Thursday. Six research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, QuantumScape currently has an average rating of “Reduce” and an average target price of $9.28.

About QuantumScape

QuantumScape Corporation is a development-stage company specializing in the research and commercialization of next-generation solid-state lithium-metal batteries for electric vehicles. The company’s core technology replaces the traditional liquid electrolyte with a solid ceramic separator, aiming to deliver higher energy density, faster charging times and enhanced safety compared to conventional lithium-ion cells. QuantumScape’s product roadmap focuses on enabling electric vehicle manufacturers to extend driving range and reduce charging downtime, addressing key barriers to widespread EV adoption.

Founded in 2010 and headquartered in San Jose, California, QuantumScape has attracted significant strategic investment and formed partnerships with leading automotive OEMs.