QuantumScape Corporation, a development stage company, engages in the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.
IPO Year: 2020
Exchange: NYSE
Website: quantumscape.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/19/2024 | $5.30 | Reduce → Hold | HSBC Securities |
9/10/2024 | $6.00 | Hold | Deutsche Bank |
9/5/2024 | Underperform | Wolfe Research | |
12/18/2023 | Mkt Perform | William Blair | |
12/4/2023 | $4.70 | Reduce | HSBC Securities |
9/18/2023 | $10.00 | Outperform | Evercore ISI |
7/19/2023 | $14.00 → $8.00 | Outperform → Market Perform | TD Cowen |
6/8/2023 | $2.00 | Peer Perform → Underperform | Wolfe Research |
12/14/2022 | $8.00 → $5.00 | Neutral → Sell | Goldman |
11/9/2022 | Equal-Weight → Underweight | Morgan Stanley |
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Achieving this final key goal of 2024 enables the company's higher-volume sample production in 2025 QuantumScape Corporation (NYSE:QS), a leader in solid-state lithium-metal battery technology, today announced that next-generation heat treatment equipment for its separator production process, Cobra, has been developed, delivered, installed and released for initial separator processing. Achieving this milestone on schedule puts the company on track to deliver higher-volume samples of its first planned commercial product, QSE-5, in 2025, and is a major step toward the commercialization of solid-state batteries for electric vehicles. Cobra represents a significant innovation in ceramic sol
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the third quarter of 2024, which ended September 30. The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com, that details third-quarter financial results and provides a business update. QuantumScape will host a live webcast today at 2 p.m. Pacific Time (5 p.m. Eastern Time), accessible via its IR Events page. Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. An archive of the webcast will be available shortly after th
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2024 third-quarter business results after market close on Wednesday, October 23, 2024. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, October 9, shareholders can submit questions (here) they would like addressed on the call. QuantumScape management will respond to a selection of the submitted questions. The company will accept questions until Tuesday, October 22, at 2 p.m. Pa
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the second quarter of 2024, which ended June 30. The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com, that details second-quarter financial results and provides a business update. QuantumScape will host a live webcast today at 2 p.m. Pacific Time (5 p.m. Eastern Time), accessible via its IR Events page. Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. An archive of the webcast will be available shortly after th
Companies join forces to advance world-leading lithium-metal technology toward mass-manufacturing for passenger electric vehicles Volkswagen Group's battery company PowerCo and QuantumScape (NYSE:QS) today announced they have entered into a groundbreaking agreement to industrialize QuantumScape's next-generation solid-state lithium-metal battery technology. Upon satisfactory technical progress and certain royalty payments, QuantumScape will grant PowerCo the license to mass produce battery cells based on QuantumScape's technology platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240711282094/en/Frank Blome, CEO of Power
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2024 second-quarter business results after market close on Wednesday, July 24, 2024. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, July 10, shareholders can submit questions (here) they would like addressed on the call. QuantumScape management will respond to a selection of the submitted questions. The company will accept questions until Tuesday, July 23, at 2 p.m. Pacific
Schebera brings notable automotive and battery technology expertise to the company as the Volkswagen Group's newest director on the board QuantumScape Corporation (NYSE:QS), a leader in next-generation solid-state lithium-metal battery technology, today announced the appointment of Sebastian Schebera, head of strategic partnerships at Volkswagen AG, to its board of directors. Schebera was nominated at the request of the Volkswagen Group of America, QuantumScape's largest shareholder, and he was elected at QuantumScape's 2024 Annual Meeting of Stockholders held on June 11, 2024. Schebera boasts 20 years of professional experience in the automotive industry, with a focus on operations, st
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the first quarter of 2024, which ended March 31. The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com, that details first-quarter financial results and provides a business update. QuantumScape will host a live webcast today at 2 p.m. Pacific Time (5 p.m. Eastern Time), accessible via its IR Events page. Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. An archive of the webcast will be available shortly after the
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2024 first-quarter business results after market close on Wednesday, April 24, 2024. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, April 10, shareholders can submit questions (here) they would like addressed on the call. QuantumScape management will respond to a selection of the submitted questions. The company will accept questions until Tuesday, April 23, at 2 p.m. Pacifi
QuantumScape Corporation (NYSE:QS), a leader in next-generation solid-state lithium-metal battery technology, today announced it started customer shipments of Alpha-2 prototype battery cells, fulfilling a goal for 2024. Alpha-2 prototypes are a significant milestone on the roadmap to deliver QSE-5, QuantumScape's first planned commercial product. QuantumScape entered the automotive qualification process in December 2022 after shipping A0 prototypes to customers. Alpha-2 prototypes integrate many of the company's significant component improvements made over the last year. The six-layer Alpha-2 prototype is more energy-dense than the earlier 24-layer A0 prototype. This is primarily due to h
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HSBC Securities upgraded QuantumScape Corporation from Reduce to Hold and set a new price target of $5.30
Deutsche Bank resumed coverage of QuantumScape Corporation with a rating of Hold and set a new price target of $6.00
Wolfe Research resumed coverage of QuantumScape Corporation with a rating of Underperform
William Blair initiated coverage of QuantumScape Corporation with a rating of Mkt Perform
HSBC Securities initiated coverage of QuantumScape Corporation with a rating of Reduce and set a new price target of $4.70
Evercore ISI initiated coverage of QuantumScape Corporation with a rating of Outperform and set a new price target of $10.00
TD Cowen downgraded QuantumScape Corporation from Outperform to Market Perform and set a new price target of $8.00 from $14.00 previously
Wolfe Research downgraded QuantumScape Corporation from Peer Perform to Underperform and set a new price target of $2.00
Goldman downgraded QuantumScape Corporation from Neutral to Sell and set a new price target of $5.00 from $8.00 previously
Morgan Stanley downgraded QuantumScape Corporation from Equal-Weight to Underweight
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2024 third-quarter business results after market close on Wednesday, October 23, 2024. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, October 9, shareholders can submit questions (here) they would like addressed on the call. QuantumScape management will respond to a selection of the submitted questions. The company will accept questions until Tuesday, October 22, at 2 p.m. Pa
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2024 second-quarter business results after market close on Wednesday, July 24, 2024. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, July 10, shareholders can submit questions (here) they would like addressed on the call. QuantumScape management will respond to a selection of the submitted questions. The company will accept questions until Tuesday, July 23, at 2 p.m. Pacific
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2024 first-quarter business results after market close on Wednesday, April 24, 2024. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, April 10, shareholders can submit questions (here) they would like addressed on the call. QuantumScape management will respond to a selection of the submitted questions. The company will accept questions until Tuesday, April 23, at 2 p.m. Pacifi
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2023 fourth-quarter business results after market close on Wednesday, February 14, 2024. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Jagdeep Singh, co-founder and chief executive officer, Kevin Hettrich, chief financial officer, and Siva Sivaram, president, will participate on the call. Starting today, January 31, shareholders can submit questions (here) they would like addressed on the call. QuantumScape management will respond to a selection of the submitted questions. The company will accept ques
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2023 third-quarter business results after market close on Wednesday, October 25, 2023. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Jagdeep Singh, co-founder and chief executive officer, Kevin Hettrich, chief financial officer, and Siva Sivaram, president, will participate on the call. Starting today, October 11, shareholders can submit questions (here) they would like addressed on the call. QuantumScape management will respond to a selection of the submitted questions. The company will accept questi
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release its 2023 second-quarter business results after market close on Wednesday, July 26, 2023. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, July 12, shareholders can submit questions (here) they would like addressed on the call. QuantumScape management will respond to a selection of the submitted questions. The company will accept questions until Tuesday, July 25, at
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release 2023 first-quarter financial results after market close on Wednesday, April 26, 2023. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, April 4, shareholders can submit questions they would like addressed on the earnings call. QuantumScape management will respond to a selection of the most upvoted questions. Please submit questions on this online Q&A platform. The c
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release 2022 fourth-quarter financial results after market close on Wednesday, February 15, 2023. This will be followed by a conference call at 2 p.m. Pacific Time (5 p.m. Eastern Time). Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, February 2, shareholders can submit and upvote questions they would like addressed on the earnings call. QuantumScape management will respond to a selection of the most upvoted questions. Please submit questions on this online Q&
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release 2022 third-quarter financial results after market close on Wednesday, October 26, 2022. This will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, October 12, shareholders can submit and upvote questions they would like addressed on the earnings call. QuantumScape management will respond to a selection of the most upvoted questions. Please submit questions on this onlin
QuantumScape Corporation (NYSE:QS), a leader in developing next-generation solid-state lithium-metal batteries for use in electric vehicles, today announced it will release 2022 second-quarter financial results after market close on Wednesday, July 27, 2022. This will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call. Starting today, July 13, shareholders can submit and upvote questions they would like addressed on the earnings call. QuantumScape management will respond to a selection of the most upvoted questions. Please submit
Schebera brings notable automotive and battery technology expertise to the company as the Volkswagen Group's newest director on the board QuantumScape Corporation (NYSE:QS), a leader in next-generation solid-state lithium-metal battery technology, today announced the appointment of Sebastian Schebera, head of strategic partnerships at Volkswagen AG, to its board of directors. Schebera was nominated at the request of the Volkswagen Group of America, QuantumScape's largest shareholder, and he was elected at QuantumScape's 2024 Annual Meeting of Stockholders held on June 11, 2024. Schebera boasts 20 years of professional experience in the automotive industry, with a focus on operations, st
Co-founder Jagdeep Singh to continue as Chairman of the Board QuantumScape Corporation (NYSE:QS), a leader in next-generation solid-state lithium-metal battery technology, today announced the appointment of current President, Dr. Siva Sivaram, as CEO and as a member of the board of directors, effective February 15, 2024. Co-founder and CEO Jagdeep Singh will continue to serve as Chairman of the Board of Directors. Dr. Sivaram, a semiconductor and data storage industry veteran, joined QuantumScape as President in September 2023. He joined from Western Digital Corp., where he also served as President, leading corporate strategy and technology. His deep technical acumen and decades of expe
Brings Extensive High-Volume Production Experience as Company Drives to Commercialize Solid-State Lithium-Metal Batteries QuantumScape Corporation (NYSE:QS), a leader in next-generation solid-state lithium-metal battery technology, today announced the appointment of Dr. Siva Sivaram, President of Western Digital Corp. and a veteran of the semiconductor and data storage industries, to the newly created role of President. In this position, Dr. Sivaram will oversee QuantumScape's technology and manufacturing groups as the company ramps up its transition from R&D to production. Just last week, QuantumScape announced it shipped updated prototype unit cells to automotive customers, locked in
Wallbox N.V. (NYSE:WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced the appointment of two board observers who will collectively bring over 70 years of automotive experience. Dr. Dieter Zetsche, Chairman of TUI AG and former Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz (XETRA: MBG), and Justin Mirro, Founder and President of Kensington Capital Partners LLC will serve the Wallbox board as observers to further strengthen its operational excellence. Dr. Zetsche and Mr. Mirro will leverage their collective skills and expertise from operating and advising some of the world's leading automotive com
Jeneanne Hanley, Gena Lovett and Susan Huppertz bring valuable executive experience spanning automotive and high-volume manufacturing QuantumScape Corporation (NYSE:QS) has appointed three new members to its board of directors: Jeneanne Hanley, former senior vice president at Lear Corporation; Gena Lovett, former vice president of operations for defense, space and security at Boeing; and Susan Huppertz, chief manufacturing and supply chain officer at Hubbell Inc. The appointments were approved by a unanimous vote of existing board members. Also, long-time director John Doerr, chairman of Kleiner Perkins, is retiring from the QuantumScape board after over a decade of service. "Jeneanne, Ge
Bringing high-volume battery manufacturing expertise to leadership team QuantumScape Corporation (NYSE:QS, or "QuantumScape"))) today announced the appointment of Celina Mikolajczak as Vice President of Manufacturing Engineering. In this role, Mikolajczak will lead the transition of the company's tools and manufacturing processes from research and development to production. One of her primary projects will be helping deploy high-throughput continuous-flow processes at QS-0, QuantumScape's pre-pilot line facility in San Jose. QS-0 will feature a high-automation line capable of building over 200,000 cells per year for use in electric test vehicles. "I'm delighted to join QuantumScape at thi
Brings additional large-scale battery manufacturing expertise QuantumScape Corporation (NYSE:QS, or ", QuantumScape", ))) today announced the appointment of Celina Mikolajczak to its board as an independent director. Ms. Mikolajczak is currently Vice-President of Engineering & Battery Technology at Panasonic Energy of North America and has played an integral role in the development and scale-up of some of the most important battery technologies behind today's electric vehicle revolution. Prior to joining Panasonic, Ms. Mikolajczak served as Director of Engineering focused on battery development for rideshare vehicles at Uber Technologies. Before that, she worked at Tesla Motors as the Seni
SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS, or "QuantumScape"), a leader in the development of next generation solid-state lithium-metal batteries for use in electric vehicles (EVs), today announced its board of directors has approved the nomination of Jens Wiese, Head of Volkswagen Group M&A, Investment Advisory, and Partnerships to the board of directors. Mr. Wiese will take the second board seat allocated to Volkswagen as part of the company’s Series F financing earlier in the year. Volkswagen’s first board seat is held by Dr. Frank Blome, Head of the Volkswagen Group Battery Center of Excellence. “We are delighted to have Jens officially serve in th