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QuantumScape Corporation (QS)

Consumer Cyclical Out of favour

QuantumScape is a technology company racing to develop solid-state batteries that could help electric vehicles charge faster and drive further.

$5.22

Is QuantumScape Corporation a good stock for a UK beginner?

The honest version: QuantumScape is a technology company racing to develop solid-state batteries that could help electric vehicles charge faster and drive further.

No rating · no target price · nothing for sale here
Price-14.3%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-59% past year
$5.22
Low $4.77High $19.07
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into QuantumScape Corporation
$857-14%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$3.21B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
25.86M
Day range: The lowest and highest price the shares traded at during the latest day.
$5.08 – $5.39
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$4.77 – $19.07
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
2.62
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 2.62
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -12% past week · ▼ -59% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Commercial production begins and batteries are adopted by major brands

The bear case

Technology fails to become commercially viable

What does QuantumScape Corporation do?

QuantumScape is essentially a research and development powerhouse focused on replacing the liquid batteries found in today's electric cars with a solid-state alternative. Because they are still in the testing phase and haven't started mass-producing batteries for sale, they aren't making any profit yet. How quickly they move from laboratory prototypes to reliable, large-scale manufacturing will be telling.

VQGMI
Factor profile

On our factor screen it looks strongest on value and quality, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 81Quality: How profitable and financially healthy the company is (higher = stronger). 28Growth: How fast revenue and earnings are growing (higher = faster). —Momentum: How the share price has been trending recently (higher = stronger recent run). 2Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Value screens high (81/100)
  • Pioneering technology that could solve major electric vehicle limitations
  • High potential for disruption in the automotive industry
  • Strong interest from major automotive partners
What to watch
  • Quality screens low (28/100)
  • Momentum screens low (2/100)
  • Income screens low (16/100)
  • The technology may never reach mass-market production
  • Competitors could develop better or cheaper alternatives

What do QuantumScape Corporation's numbers mean?

Gross margin
0.0%
This shows that the company is not yet generating revenue from selling products, which is common for businesses still in the research phase.
Return on equity
-38.0%
This negative figure reflects that the company is currently spending more money on development than it is bringing in, which is typical for a pre-revenue startup.
Beta
2.6
A beta above 1.0 means the share price tends to swing much more wildly than the wider stock market, making it a bumpier ride for investors.
P/B
3.6
This compares the company's market value to its actual assets, showing that investors are paying a premium for the potential of its future technology.

How much money does QuantumScape Corporation make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$0$0$1$1Q2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
0.0%
Net margin
0.0%
Return on equity
-39.1%

Does QuantumScape Corporation pay a dividend?

No - QuantumScape Corporation doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

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What are the scenarios for QuantumScape Corporation?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$18$5$3today · $5▲ Bull · $6• Base · $5▼ Bear · $4in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+15% to +30%Positive updates on prototype testing results
Base
-5% to +5%Steady progress without major breakthroughs
Bear
-15% to -30%Delays in manufacturing timelines

What are the pros and cons of QuantumScape Corporation?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Pioneering technology that could solve major electric vehicle limitations
  • High potential for disruption in the automotive industry
  • Strong interest from major automotive partners
The catch3
  • No current revenue or profit
  • High cash burn rate to fund research
  • Significant share price volatility
Key risks3
  • The technology may never reach mass-market production
  • Competitors could develop better or cheaper alternatives
  • The company may need to raise more money, which can dilute existing shareholders
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: pe, ps, revenue_growth, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.