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QuantumScape ( (QS) ) has shared an announcement.
On July 8, 2025, QuantumScape Battery, Inc. entered into a Lease Termination Agreement to end its lease for a property in San Jose, California, effective August 1, 2025. This decision aligns with the company’s focus on technology licensing, reducing its operational footprint and relieving it of approximately $18.7 million in future lease obligations.
The most recent analyst rating on (QS) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on QuantumScape stock, see the QS Stock Forecast page.
Spark’s Take on QS Stock
According to Spark, TipRanks’ AI Analyst, QS is a Neutral.
QuantumScape’s stock is hindered by significant financial challenges, including no revenue and high net losses. Despite a strong balance sheet, ongoing cash burn and the need for external funding pose risks. The earnings call highlighted strategic progress, offering some optimism, but high expenses and uncertain customer engagements weigh on the outlook. Technicals indicate bearish trends, and valuation metrics are unfavorable due to lack of profitability.
To see Spark’s full report on QS stock, click here.
More about QuantumScape
QuantumScape Corporation operates in the battery technology industry, focusing on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications.
Average Trading Volume: 21,452,019
Technical Sentiment Signal: Buy
Current Market Cap: $3.92B
See more insights into QS stock on TipRanks’ Stock Analysis page.