Battery developer QuantumScape (NYSE:QS) announced a new CEO while delivering quarterly results on Feb. 14. Dr. Siva Sivaram was named to lead “the next phase” of growth, the company’s press release said. QuantumScape remains a pre-revenue company. During the fourth quarter, it lost $110 million, 23 cents per share. It finished the quarter with $1.08 billion in cash and marketable securities. Losses were narrower than previously. QS stock opened this morning at about $7.50 per share, a market capitalization ...

QuantumScape Corporation (NYSE:QS) Q4 2023 Earnings Conference Call February 14, 2024 5:00 PM ET Company Participants John Saager - Vice President of Capital Markets and FP&A Jagdeep Singh - Co-Founder, Chief Executive Officer and Chairman Siva Sivaram - President Kevin Hettrich - Chief Financial Officer Conference Call Participants Jordan Levy - Truist Securities Gabe Daoud - TD Cowen Ben Kallo - Baird Mark Shooter - William Blair Wesley Brooks - HSBC Operator Good day and welcome to QuantumScape's Fourth ...

QuantumScape (NYSE:QS) stock dipped as much as 5% in after-market trading on Feb. 14 after the company released its fourth-quarter earnings. The firm reported losses per share of 23 cents, a slight improvement over analysts’ prediction for a loss of 34 cents, and outlined plans for 2024.As expected, the Silicon Valley-based company did not generate revenue in the quarter. Wall Street analysts do not expect the startup to generate meaningful sales until at least 2026. Meanwhile, cost-cutting measures previou ...

Bullish investors on QuantumScape (NYSE:QS) know how strong the company’s potential is in the solid-state lithium batteries space. Most fans, staying as positive as they can, believe the company is nearing commercialization. In 2024, QS will focus on QSE-5 cells, undergoing customer prototype testing, particularly with automotive original equipment manufacturers (OEMs). Initial results from A0 prototype cells showed superior performance, though QS stock remains a speculative, long-term investment. Analysts ...

QuantumScape Corporation (QS) is slated to release fourth-quarter 2023 results on Feb 14 after the closing bell. The Zacks Consensus Estimate for QS’ loss is pegged at 23 cents per share for the fourth quarter, implying growth of 8% from the year-ago period.The estimate for the fourth-quarter 2023 loss per share has remained unchanged over the past 90 days. In the last reported quarter, this solid-state battery maker reported a net loss of 23 cents per share, wider than the Zacks Consensus Estimate of a los ...

If you’re invested in electric vehicle (EV) battery technology company QuantumScape (NYSE:QS), you’ll definitely want to mark your calendar. There’s a major event coming very soon, and depending on the outcome, it could change the QS stock forecast dramatically. So, unless you’re just a gambler, there’s no need to take a huge risk and buy QuantumScape shares now.Furthermore, QuantumScape’s partnership with a well-known automaker might not be as firm as previously assumed. All in all, the bullish argument fo ...

It wasn’t until 2020 that investors started to accept EV stocks. Many SPAC-backed startups in these sectors have since faltered, undergoing significant declines from IPO highs. QuantumScape (NASDAQ:QS) epitomized this trend, soaring to a $50 billion market cap without revenue. Subsequently, QS stock has plummeted by 94%, reflecting waning investor patience. This fact is central to this QS stock forecast.While QuantumScape holds promise, investors should still exercise caution due to its lack of revenue. Des ...

QuantumScape Corporation (QS) closed the most recent trading day at $7.29, moving -1.35% from the previous trading session. This change lagged the S&P 500's 0.82% gain on the day. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw an increase of 0.95%.Shares of the company have depreciated by 13.37% over the course of the past month, underperforming the Auto-Tires-Trucks sector's loss of 6.96% and the S&P 500's gain of 5.59%.The investment community will be paying close ...

Fool.com contributor Parkev Tatevosian highlights where he believes QuantumScape (QS -4.68%) stock will be at the end of 2024. *Stock prices used were the afternoon prices of Feb. 2, 2024. The video was published on Feb. 4, 2024. ...

After hitting an all-time high of more than $130 per share in the SPAC boom of 2020, solid-stage battery maker QuantumScape (NYSE:QS) has plummeted. Now trading for less than $7 per share, this stock is down more than 94% from its peak. Like many other post-SPAC companies, such a move isn’t uncommon, though QuantumScape’s decline has been more vicious than most. QS stock investors beware.Throughout this decline, the company’s backers had largely stuck by the company’s side. However, QuantumScape’s key backe ...