With QuantumScape’s (NYSE:QS) recent first-quarter earnings report, the devil may be in the details. Earlier, UBS slashed its price target on QS stock to $5 from $9 after the company reported an earnings miss. However, an element of QuantumScape’s core product may have spooked investors.At first glance, the red ink in QS stock appears to be a straightforward matter. On Wednesday, the company — which specializes in solid-state battery (SSB) technology for electric vehicles — reported a loss per share of 24 c ...

QuantumScape Corporation. (NYSE:QS) Q1 2024 Earnings Conference Call April 24, 2024 5:00 PM ET Company Participants John Saager - Vice President of Capital Markets and FP&A Siva Sivaram - CEO Kevin Hettrich - CFO Conference Call Participants Jordan Levy - Truist Securities Operator Good day and welcome to QuantumScape's First Quarter 2024 Earnings Conference Call. John Saager, QuantumScape's Vice President of Capital Markets and FP&A, you may begin your conference. John Saager Thank you, operator. Good afte ...

Exhibit 99.1 Q1 Fiscal 2024 Letter To Shareholders April 24, 2024 At the beginning of this year, we laid out four key goals for 2024 to help shareholders follow our progress as we move from prototype to product: begin shipment of Alpha-2 prototype battery cells, ramp our Raptor fast separator production process, begin low-volume B0 prototype production of our first commercial product, QSE-5, and prepare our Cobra process to support higher volumes of QSE-5 in 2025. We announced on March 27 that we started sh ...

Tesla (NASDAQ:TSLA) is preparing to lay off over 10% of its staff. Ford (NYSE:F) is slashing the prices on some EVs by as much as $5,500. This is a tough time to invest in EV-associated companies. With an imminent event adding an extra element of risk for QuantumScape (NYSE:QS), you don’t need to buy QuantumScape stock right now.I understand the appeal of a “forever battery” for EVs. Yet, as the company’s investors have found out the hard way, there’s a disconnect between concept and reality with QuantumSca ...

QuantumScape (NYSE: QS) stock price has retreated sharply this year, joining other companies in the EV industry that have plunged this year. As I predicted in my last article, it has dropped to its November 2023 lows and some analysts believe it has more downside to go.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.QuantumScape has made a lot of progressCopy link to sectionQauntumScape’s shares have crashed by almost 20% this year and by 60% from its ...

Technology specialist QuantumScape (NYSE:QS) — which is researching and developing solid-state batteries (SSBs) for electric vehicles — has struggled badly since peaking in December 2020. However, some developments could help potentially lift QS stock from the doldrums. A critical test will occur on April 24, when the company is scheduled to release its first-quarter earnings report.During the three months ended March 31, QuantumScape made a significant change at the top. In February, the company announced ...

QuantumScape Corporation (QS) closed the latest trading day at $5.98, indicating a +1.36% change from the previous session's end. This move outpaced the S&P 500's daily gain of 1.11%. Meanwhile, the Dow experienced a rise of 0.8%, and the technology-dominated Nasdaq saw an increase of 1.24%.Coming into today, shares of the company had lost 2.16% in the past month. In that same time, the Auto-Tires-Trucks sector lost 7.62%, while the S&P 500 gained 0.48%.The investment community will be paying close attentio ...

On the surface, electric-vehicle battery manufacturer QuantumScape (NYSE:QS) offers a seemingly bulletproof upside narrative. Since the get-go, range anxiety has impeded widescale adoption of EVs. Should QuantumScape be successful in developing its solid-state battery, it could alleviate concerns due to enhanced range, quicker charging times and safer profile. Thus, QS stock is a buy or so it seems.However, the problem is, as InvestorPlace’s Thomas Yeung mentioned, “investors have become increasingly concer ...

QuantumScape Corporation (QS) closed the most recent trading day at $5.70, moving +0.18% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.63%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.82%.The company's stock has dropped by 18.71% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 5.42% and the S&P 500's gain of 1.76%.The investment community will be paying close attention to the earnings performance of Quantu ...

The most recent trading session ended with QuantumScape Corporation (QS) standing at $5.97, reflecting a -1.16% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 1.12%. Meanwhile, the Dow experienced a rise of 0.61%, and the technology-dominated Nasdaq saw an increase of 1.54%.The company's shares have seen a decrease of 23.35% over the last month, not keeping up with the Auto-Tires-Trucks sector's loss of 0.65% and the S&P 500's gain of 2.06%.An ...