NASDAQ: QS

QuantumScape (QS) Stock Analysis & Forecast

Oct 12 close

$4.27−0.31 (−6.8%)

Gekko Brief

AI summaryOct 12 close

QuantumScape fell to new 52-week lows this week, closing at $4.27, as the stock continued a steep multi-month decline. The company introduced the QS PowerBlock, a new product aimed at in-rack energy storage for AI data centers, marking an expansion into the data center vertical alongside its core battery technology work. Separately, CTO Timothy Holme sold 120,000 Class A shares under a Rule 10b5-1 trading plan and converted 59,186 Class B shares into Class A shares.

At $4.27, QS trades below both its 50-day average of $5.34 and 200-day average of $7.13, with the shorter average also below the longer one, reflecting a sustained downtrend; the stock is down 19.1% over one month and 71.5% over the past year. The GekkoIndex reads 72.4, placing it in the Buying zone, while the price sits 20.8% below the Gekko Fair Value estimate of $5.39.

QuantumScape reports earnings on 21 October 2026 after close, 9 days away and within a typical 20-trading-day holding period; its last reaction to results was a 15.4% move, with 2 beats out of 8 quarters historically. No insider, Congress, or unusual options activity appears in the current windows, though one billionaire holder is recorded. Seasonality over the next 20 trading days has averaged an 11.6% gain across 5 years, rising in 2 of those years. Two analysts currently rate the stock a hold, with a consensus target of $6.66.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

QuantumScape price vs fair value

$5.39$4.27Oct ’25Apr ’26Oct ’26
Close $4.27200-day averageGekko Fair Value $5.39

QuantumScape quick facts

Market cap
$2.63B
P/E ratio
—
Forward P/E
—
EPS, TTM
−$0.67
Revenue, TTM
$0
Profit margin
0%
Dividend yield
—
Beta
2.84
Volume
15.98M avg 12.84M
1-year return
−71.5%
Typical daily move
±5.2%
Typical 20-day move
±13.3%
50-day average
$5.34
200-day average
$7.13
Next earnings
Oct 21 after close
Shares outstanding
587.2M
52-week range
$4.26$19.07

QuantumScape swing-trade checklist

QuantumScape scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $4.27 is below the 50-day ($5.34) and 200-day ($7.13) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    72.4, Buying

    Reading 72.4 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    20.8% below

    Price is 20.8% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 9 days

    Reports on Oct 21, 2026, 9 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +11.6% on average

    From this point in the calendar, the next 20 trading days averaged +11.6% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

QuantumScape stock chart and price history

QuantumScape closed at $4.27 on Oct 12, 2026, −71.5% over the past year, inside a 52-week range of $4.26 to $19.07.

Close50-day average200-day averageVolume
QuantumScape share price, past year, with 50-day and 200-day moving averages and volume$10$15NovDecJan 2026FebMarAprMayJunJulAugSepOct4.27

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−19.1%
3 months
−33.5%
6 months
−33.7%
1 year
−71.5%
The full QS chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open QS in Gekko

Follow QuantumScape through every session

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About QuantumScape

QuantumScape develops solid-state lithium-metal battery technology intended mainly for electric vehicles, with potential use in other applications as well. The company works through its own operations together with affiliated entities to bring this battery technology from development toward commercial production. Its work centers on the design and advancement of this power-cell technology rather than on an already finished, widely sold product line.

The company's efforts are organized around research, engineering, and the eventual manufacture of these batteries, with electric vehicles named as the primary market for the technology. Other uses for the batteries are mentioned as a secondary focus, though the vehicle sector remains the main application described.

QuantumScape was founded in 2010 and is headquartered in San Jose, California. Its shares are listed on the NASDAQ under the ticker QS.

Listed
NASDAQ
Sector
Producer manufacturing
Industry
Electrical products
Website
quantumscape.com

QuantumScape GekkoIndex: the smart money zone

QuantumScape’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 72.4, in the Buying zone, up 3.6 points over five sessions.

010072.4Buying

Up 3.6 points over five sessions, from the Accumulation zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)48−0.1%+3.3%+4.3%−2.1%
Accumulation337+0.3%+0.6%+0.3%+5.8%
Neutral265+1.0%+1.7%+5.0%+8.6%
Distribution27−2.1%−1.9%−2.0%−4.5%
Selling5Too few readings yet

Average QS share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.1% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the QS price, zone by zone.Track QS in Gekko

Is QuantumScape stock overvalued? Gekko Fair Value

QuantumScape trades 20.8% below Gekko Fair Value of $5.39, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what QuantumScape shares are worth, recalculated every trading day.

$5.39

Gekko Fair Value, Oct 10, 2026

20.8% Undervalued

At the end of Aug 2026 the price was 13.9% below the estimate.

Gekko Fair ValueShare price, month end
$5$5Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open QS in Gekko

QuantumScape insider and Congress trading

No open-market insider purchases were filed for QuantumScape, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for QS in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every QS insider filing, plotted on the chart in Gekko.Open QS in Gekko

Congress trades last 90 days

No trades in QS were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for QS, plotted on the chart in Gekko.Open QS in Gekko

Buybacks

QuantumScape has been buying back its own shares.

Bought back, year ended Dec 31, 2018
$4.19M
As a share of market cap
0.16%

From company filings.

Hedge funds and billionaires quarter ended Mar 31

1of the funds Gekko tracks holds QS.

0added0opened1trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko

QuantumScape earnings: next date and track record

QuantumScape reports on Oct 21, 2026, after the close (9 days away), and beat the EPS estimate in 2 of its last 8 reports.

2 of 8reports beat the EPS estimate
±10.3%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+22.6%Oct ’24+8.6%Feb ’25+2.3%Apr ’25−8.5%Jul ’25−5.5%Oct ’25−13.1%Feb ’26+6.2%Apr ’26−15.4%Jul ’26

Last earnings call, Jul 22, 2026 AI summary

What they said
QuantumScape's Q2 2026 earnings call emphasized technical and commercialization progress while reiterating financial discipline. Management highlighted a new multiyear partnership with Honda, updated collaboration terms with Volkswagen/PowerCo, shipments of QSC5 cells (including to a U.S. defense prime), and the ramp and productivity improvements on their Eagle pilot production line. The company organized into three verticals (QS EV for automotive, QS DC for data centers, QS AS for advanced solutions) to pursue new high-value markets (AI data centers, aerospace/defense, medical, consumer). Financials showed a GAAP operating expense of $106.1M and GAAP net loss of $98.2M in Q2; adjusted EBITDA loss was $64.2M (in line with expectations). Management reiterated full-year 2026 adjusted EBITDA guidance of $(250M) to $(275M), lowered CapEx guidance to $27M–$37M, reported Q2 customer billings of $10.8M and year-to-date billings of $21.8M (exceeding 2025's $19.5M), and $859M in liquidity. Management repeatedly framed the VW/PowerCo milestone update as an alignment to the technology roadmap with a neutral cash impact, while progress on the Eagle line was described as enabling increased sample shipments and faster learning for scale-up.
Guidance
- Reiterated full-year 2026 adjusted EBITDA loss guidance: $(250 million) to $(275 million). - Lowered full-year 2026 CapEx guidance: $27 million to $37 million. - Public goal (operational metric): customer billings in 2026 to exceed 2025; year-to-date billings through Q2: $21.8M (exceeding 2025 $19.5M). - Liquidity reported: $859M at quarter end. - Financial projection related to VW/PowerCo: revised milestone schedule reduces total potential payments (~$131M to ~$75M) but is expected to be net neutral in cash impact versus prior scope.
Risks flagged
- Manufacturing and scale-up risk: moving a novel technology into a highly automated production line (Eagle) and achieving stable productivity, yields, and process control. - Dependence on OEM partnerships and milestone-based payments (VW/PowerCo, Honda); milestone timing and structure changes can affect cash flow. - Ongoing operating losses and negative adjusted EBITDA through 2026; capital discipline and liquidity management remain critical. - Market and technical uncertainties inherent in commercialization of new battery technology and penetration into non-automotive verticals. - General forward-looking statement risks noted (safe harbor, SEC filings).
ReportedEPSSurpriseRevenueSurpriseMove
Jul 22, 2026−$0.20
est −$0.18
−11.1%$29.52M
est $2.43B
−98.8%−15.4%
Apr 22, 2026−$0.16
est −$0.17
+5.9%—
est $1.00M
—+6.2%
Feb 11, 2026−$0.17
est −$0.17
+1.2%—
est $1.85M
—−13.1%
Oct 22, 2025−$0.18
est −$0.18
0.0%——−5.5%
Jul 23, 2025−$0.20
est −$0.18
−11.1%$36.67M—−8.5%
Apr 23, 2025−$0.21
est −$0.19
−10.5%——+2.3%
Feb 12, 2025−$0.22
est −$0.21
−5.6%——+8.6%
Oct 23, 2024−$0.23
est −$0.21
−9.5%——+22.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

QuantumScape stock forecast and analyst price targets

Analysts’ average 12-month price target for QuantumScape is $6.66, +56.0% from the last close, from 2 firms rating the stock in the last 90 days.

$6.66consensus 12-month target, +56.0% from the last close
Low $6High $10
Buy0
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 2 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Jul 27Evercore ISIHold, maintained$10+134.2%
Jul 23TD CowenHold, maintained$6+40.5%
Jul 23Evercore ISIHold, maintained$10+134.2%
+4.3%average 20-day move after past Buying readings
+11.6%average move over the next 20 trading days in the last 5 years
±5.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

QuantumScape seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, QuantumScape averaged +11.6% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+62.1%2021−2.4%2022−7.3%2023−7.8%2024+13.1%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.1%5 of 5
Next 10 trading days+2.4%3 of 5
Next 15 trading days+7.3%3 of 5
Next 20 trading days+11.6%2 of 5
Next 30 trading days−1.9%1 of 5

For scale, QS’s typical 20-trading-day move in either direction is about 13.3%.

QuantumScape market cap and key statistics

QuantumScape’s market cap is $2.63B and revenue of $0 over the last twelve months.

Valuation

Market cap
$2.63B
EPS, TTM
−$0.67
Gekko Fair Value
$5.39

Trading

Volume
15.98M
Avg volume, 20 days
12.84M
52-week high
$19.07
52-week low
$4.26
Shares outstanding
587.2M

Financials

Revenue, TTM
$0
Profit margin
0%
Return on equity
-39.1%
Quarterly earnings growth, YoY
0.0%

Risk and income

Beta
2.84
Typical daily move
±5.2%
Typical 20-day move
±13.3%

QuantumScape peers

QuantumScape’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
GEVGE Vernova−0.3%Neutral10.6% above
ETNEaton−0.2%Neutral16.6% above
LITELumentum−9.6%Neutral2.1% below
AMEAMETEK+0.6%Neutral11.9% above
ROKRockwell Automation+0.4%Neutral13.6% above
HUBBHubbell+0.7%Neutral8.1% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

QuantumScape stock FAQ

What is QuantumScape’s market cap?

QuantumScape’s market cap is $2.63B at the Oct 12, 2026 close of $4.27, with 587.2M shares outstanding.

What is the QuantumScape stock forecast?

The consensus analyst 12-month price target for QuantumScape is $6.66, +56.0% from the last close. Of the 2 firms that rated the stock in the last 90 days, 0 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is QuantumScape stock overvalued or undervalued?

On Gekko’s estimate QuantumScape is undervalued: the Oct 12, 2026 close of $4.27 is 20.8% below Gekko Fair Value of $5.39. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does QuantumScape report earnings next?

QuantumScape is expected to report on Oct 21, 2026, after the market closes (9 days away). Analysts expect earnings of −$0.17 per share on revenue of $1.00M. QuantumScape beat the earnings estimate in 2 of its last 8 reports, moving 10.3% on average across the report.

What is QuantumScape’s 52-week high and low?

QuantumScape’s 52-week high is $19.07 and its 52-week low is $4.26; it closed at $4.27 on Oct 12, 2026, −71.5% over the past year. Over the last five years the shares peaked at $43.08 on Nov 15, 2021.

Is QuantumScape stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value), 1 as mixed (seasonality) and 2 as headwinds (trend and earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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