QuantumScape Stock Tumbles After Q4 Results

Core Viewpoint - QuantumScape Corp reported a fourth-quarter loss of 17 cents per share, which was one cent below estimates, leading to an 8.9% decline in share price to $8.03 [1] Financial Performance - The company forecasts a full-year EBITDA loss between $250 million to $275 million and projects capital expenditures of $40 million to $60 million [1] Analyst Sentiment - All 10 analysts covering QuantumScape have a "hold" or worse rating, indicating a bearish outlook [2] - Deutsche Bank has reduced its price target for the stock from $10 to $9 [1] Market Activity - Short interest in QuantumScape accounts for 13.7% of the stock's available float, equating to nearly three days of buying power [2] - The stock is currently testing support at the $8 level, marking its third consecutive loss, with a year-to-date decline of 22.9% [2] Options Trading - Call traders are actively engaging with QuantumScape stock, with 31,000 calls traded, which is double the average intraday amount, compared to 9,722 puts [3] - The most popular options contract is the weekly 2/13 8.50-strike call, with new positions being opened [3]