QuantumScape (NYSE:QS) Announces Quarterly Earnings Results
by Doug Wharley · The Cerbat GemQuantumScape (NYSE:QS – Get Free Report) announced its earnings results on Wednesday. The company reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.02, RTT News reports. During the same period in the prior year, the firm posted ($0.21) EPS.
QuantumScape Stock Up 4.7%
Shares of QS traded up $0.33 during midday trading on Wednesday, hitting $7.31. 23,040,938 shares of the company’s stock traded hands, compared to its average volume of 13,307,646. QuantumScape has a 1 year low of $3.75 and a 1 year high of $19.07. The firm’s fifty day moving average is $6.86 and its 200-day moving average is $10.53. The company has a current ratio of 21.14, a quick ratio of 21.14 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of -9.02 and a beta of 2.54.
QuantumScape News Roundup
Here are the key news stories impacting QuantumScape this week:
- Positive Sentiment: Q1 2026 business and financial results posted with an investor letter and live webcast; the company reiterated operational updates that traders interpreted as progress toward commercialization. QuantumScape Reports First Quarter 2026 Business and Financial Results
- Positive Sentiment: Market reaction: multiple outlets note the stock “popped” after the Q1 report — short-term investor sentiment lifted by the release and management commentary. QuantumScape stock pops after Q1 report: Here’s why
- Positive Sentiment: Company sees demand signals outside the auto industry, which broadens potential end markets and could improve long‑term commercial prospects if scaled. QuantumScape sees increased demand outside of auto industry
- Positive Sentiment: Added Dr. Mark Maybury to a strategic advisory board — a hire that signals emphasis on commercialization, supply chain/defense expertise and execution support. QuantumScape Adds Defense Technologist Maybury To Guide Commercialization Path
- Neutral Sentiment: Analyst previews and coverage ahead of Q1 flagged stable consensus estimates and production progress, but highlighted that results may not meaningfully change the long-term narrative—information is mixed for near-term stock direction. How Is QS Stock Placed Ahead of Q1 Earnings? Key Insights
- Neutral Sentiment: Pre‑earnings commentary asked whether to buy before the report; now that results are out, investors will shift focus to execution milestones and cash burn rather than the pre‑earnings thesis. QuantumScape (QS) Stock: Should You Buy Before Tomorrow’s Q1 Earnings?
- Negative Sentiment: Analysts and coverage flagged rising capital expenditures and execution risk as key downsides; the shares had pulled back into the earnings window, reflecting investor concern about cash needs and scale-up challenges. Quantum Computing Stock Pulls Back Before Earnings
Analyst Upgrades and Downgrades
Several analysts have issued reports on the company. HSBC raised QuantumScape from a “reduce” rating to a “hold” rating and dropped their target price for the company from $10.50 to $8.30 in a research report on Wednesday, February 18th. Robert W. Baird set a $12.00 target price on QuantumScape in a research report on Thursday, February 12th. Morgan Stanley dropped their target price on QuantumScape from $12.00 to $8.50 and set an “equal weight” rating on the stock in a research report on Wednesday, February 18th. Finally, TD Cowen reiterated a “hold” rating on shares of QuantumScape in a report on Wednesday, February 18th. Six equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $9.90.
Read Our Latest Research Report on QS
Insiders Place Their Bets
In other news, CFO Kevin Hettrich sold 9,800 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $6.20, for a total transaction of $60,760.00. Following the completion of the sale, the chief financial officer owned 1,357,918 shares in the company, valued at approximately $8,419,091.60. This represents a 0.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Timothy Holme sold 34,254 shares of the stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $6.18, for a total value of $211,689.72. Following the sale, the chief technology officer owned 1,235,259 shares of the company’s stock, valued at approximately $7,633,900.62. This represents a 2.70% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 666,925 shares of company stock worth $4,483,577. 5.48% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On QuantumScape
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. raised its stake in QuantumScape by 685.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company’s stock worth $25,000 after acquiring an additional 3,311 shares during the last quarter. Scarborough Advisors LLC raised its stake in QuantumScape by 568.9% in the 4th quarter. Scarborough Advisors LLC now owns 6,074 shares of the company’s stock worth $63,000 after acquiring an additional 5,166 shares during the last quarter. Meeder Asset Management Inc. purchased a new position in shares of QuantumScape during the 4th quarter valued at about $68,000. Cerity Partners LLC purchased a new position in shares of QuantumScape during the 2nd quarter valued at about $73,000. Finally, Ameriprise Financial Inc. purchased a new position in shares of QuantumScape during the 2nd quarter valued at about $76,000. Hedge funds and other institutional investors own 29.87% of the company’s stock.
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.