QuantumScape Corporation Class A (QS)

In the past six months, QuantumScape's stock price has been influenced by key developments and shifting market sentiment. The stock experienced a surge in June 2025 after the successful integration of its Cobra separator process. During Q3 2025, QuantumScape began shipping B1 samples of its QSE-5 cell. However, the market has shifted its focus to clearer timelines and operational execution, leading to a nearly 50% drop in QuantumScape's shares. Insider selling has also been noted, with Director Dipender Saluja and CFO Kevin Hettrich selling shares. QuantumScape is expected to report its Q4 2025 results on February 11, 2026, with analysts projecting an EPS of ($0.16) per share.

As QuantumScape Corporation is currently a pre-revenue company, there is no established demand seasonality for its products and services. The company is transitioning from research to revenue generation, with significant revenue growth projected to begin in 2027. Therefore, traditional demand seasonality patterns do not yet apply.

QuantumScape Corporation is an American company focused on developing next-generation solid-state lithium-metal batteries for electric vehicles and other applications. Founded in 2010, the company aims to create batteries with greater energy density, faster charging, and enhanced safety compared to traditional lithium-ion batteries. QuantumScape is currently in a pre-revenue stage, with significant revenue growth anticipated to commence in 2027 from royalties.

QuantumScape Corporation is headquartered in San Jose, California, and its operations are primarily based in the U.S. A key aspect of its geographic strategy is a non-exclusive license agreement with PowerCo, Volkswagen Group's battery subsidiary, allowing PowerCo to manufacture QuantumScape's battery technology. This partnership provides QuantumScape with a leveraged footprint without requiring it to own all manufacturing facilities.

In the past year, QuantumScape's brand reputation has been shaped by its technological advancements and market expectations. The company has received positive responses regarding its licensing business model. PowerCo's confirmation in early 2024 that QuantumScape's solid-state cell exceeded requirements in A-sample testing was a significant positive event. However, the market sentiment has shifted to emphasize execution and commercialization, and the decline in stock price could challenge its reputation if manufacturing progress is not demonstrated.

QuantumScape Corporation has a diverse ownership structure, including institutional, public companies, retail, and individual investors. Approximately 16.57% of the company's stock is owned by institutional investors, 4.00% by insiders, and 79.42% by public companies and individual investors. Major institutional shareholders include Porsche Automobil Holding SE, The Vanguard Group, Inc., and BlackRock, Inc. Notable individual investors and insiders include Bill Gates and Volkswagen Group.