QS stock jumps 34.9% as its Cobra separator breakthrough fuels hopes for scalable solid-state EV battery production.
EV battery maker QuantumScape NYSE: QS just had one of its best days in a long time. On June 25, shares rocketed up around 30%, marking the stock's biggest single-day gain since July 2024.
QuantumScape stock surged 75% this week following the company's announcement of a breakthrough in manufacturing. The recent advancement with the Cobra separator signifies more than just a manufacturing achievement—it positions the company as a leader in a vast market opportunity.
Baird's Ben Kallo said he needs to see how QuantumScape plans to make money on its breakthrough EV battery-making technology before he gets bullish on the stock.
William Blair has reaffirmed its Market Perform rating on QuantumScape (NYSE: QS), despite the electric battery technology company witnessing a substantial surge in the QS share price.
QuantumScape stock is soaring after its next-gen 'Cobra' manufacturing process entered baseline production, a key milestone achieved ahead of the company's own schedule. I think the Cobra process is a game changer, offering a 25-fold speed improvement over its predecessor, which is crucial for making gigawatt-scale battery production economically viable. This breakthrough shifts QuantumScape's story from a high-risk science project to a credible manufacturing play, answering the market's biggest question about scalability.
QuantumScape Corporation (NYSE: QS) recently achieved a significant manufacturing milestone, leading to a 35% surge in its stock during after-hours trading. The solid-state battery developer successfully integrated its advanced Cobra separator process into its baseline cell production, a crucial step toward commercial viability.
Traditionally, a company like QuantumScape (QS) would be living on angel-investor capital. But nowadays, emerging companies go public faster than in the past. QS is developing a better lithium battery for EVs. If it works, it'll solve some huge problems. But it'll take several more years to see if it succeeds. Are you excited yet? Maybe not. Frankly, you really need to understand how batteries work to appreciate how bold an innovator QS is.
QuantumScape Corporation continues to move forward with its new focus and planned distribution of QSE-5 B1 samples powered by Cobra. Its adequate cash runway and capital buffer, well-managed expenses, and consistency with its schedule may allow it to achieve its goals on time. Market risks are present, but the resilient EV demand and dropping oil prices can offset them.
Battery technology is at the heart of the electric vehicle (EV) revolution, and over time, these batteries have evolved from bulky, low-efficiency power sources to the high-density energy packs we see today. This technology has pushed EVs forward, but further improvements could be made.
QuantumScape Corporation (NYSE:QS ) Q1 2025 Earnings Conference Call April 23, 2025 5:00 PM ET Company Participants John Saager - Vice President, Capital Markets and FP&A Siva Sivaram - President and Chief Executive Officer Kevin Hettrich - Chief Financial Officer Conference Call Participants Jordan Levy - Truist Securities Winnie Dong - Deutsche Bank Mark Delaney - Goldman Sachs Mark Shooter - William Blair Joe Spak - UBS Operator Good day and welcome to QuantumScape's First Quarter 2025 Earnings Conference Call. John Saager, QuantumScape's, Vice President of Capital Markets, you may begin your conference.
In 2021, the electric vehicle (EV) industry stood at the cusp of an exciting future. Since then, though, EV sales growth has slowed notably, and some of the top names in the industry are attracting more controversy than investor interest.