QuantumScape Corporation remains a Buy after strong Q3 results, operational milestones, and the successful launch of the Cobra manufacturing process. QS narrowed its 2025 EBITDA loss guidance, reduced capex due to efficiency gains, and reported first customer billings, signaling a shift toward commercialization. The company extended its cash runway to 2029 and secured new partnerships, de-risking its business model and supporting long-term growth projections.
PowerCo expansion brings up to $131M of milestone cash, extends runway into 2029.
QS's 500 Wh/kg battery and 15-minute charge promise long-term EV disruption despite near-term risks.
QuantumScape (NYSE: QS), a company without revenue that's dedicated to developing solid-state batteries, is set to announce its earnings on Wednesday, October 22, 2025.
QuantumScape's soaring stock, Volkswagen deal gains and Cobra process breakthrough put the company's Q3 report in focus.
QS teams up with Murata and Corning to scale its ceramic separator tech, a key step toward mass-producing solid-state EV batteries.
QS' 200% surge year to date and breakthroughs in solid-state battery tech, backed by Volkswagen and Corning, fuel its long-term EV promise.
Earnings acceleration is spotlighting QuantumScape, Civeo and Entergy as top picks with strong projected EPS growth.
QS plunges 46% in a month, yet tech breakthroughs, auto partnerships and cash runway keep its long-term story alive.
QS' Cobra separator promises faster and cheaper battery production, marking a key step toward commercial scale in the EV race.
QuantumScape remains a speculative play, but its advancements on milestones and robust cash reserves support my continued buy rating. Successful integration of next-gen Cobra separator boosts production efficiency, positioning QS for future solid-state battery demand and OEM interest. Strong financials, asset-light model, and Volkswagen partnership ensure sustainability, with a cash runway of up to 32 months including new funding.
QuantumScape's investment case hinges on scaling production, controlling costs, and achieving promised battery performance before lithium-ion rivals close the gap. Recent manufacturing advances (Cobra process) and expanded OEM partnerships, especially with Volkswagen, extend the cash runway and support future royalty-based revenue. Significant execution and timing risks remain, as QuantumScape is pre-revenue and faces fierce competition from rapidly improving lithium-ion technologies.