QuantumScape Corp (QS)
NASDAQConsumer DiscretionaryAuto - PartsSnapshot 2026-11-04
$4.43+7.52%
Close 2026-11-04 · 1-day change
NASDAQConsumer DiscretionaryAuto - PartsSnapshot 2026-11-04
QuarterlyIQ Insights · QS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
A comparable price-assumption read is not available for this company.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Model as of 2026-11-04 · Compared with 19 industry peers · Company calendar date is not available
QS — M&A activity — Termination of a Material Definitive Agreement
Dated 2026-07-22
Termination of a Material Definitive Agreement. Statement of Work No. 1, previously disclosed as part of the Collaboration Agreement filed as Exhibit 10.1 to the Current Report on Form 8-K filed on July 23, 2025, was terminated effective as of July 16, 2026, and replaced by terms of the Amendment. Any outstanding obligations invoiced to PowerCo under the Collaboration Agreement to date remain due and payable to the Company.
Why it matters: QS plans to show its next platform and how it will work with car makers. Clear product details and named partners would show progress beyond QSE-5.
Supportive ifAt the November 11 symposium, QS names its next platform and sets test or build milestones. It also explains its customer work plan.
Worry ifQS gives no next-platform details, delays the update, or sets no test or build milestones.
Why it matters: More steady cell output would support customer tests and the plan to scale production. A stall would weaken that proof.
Watch forIn its next update, QS reports higher QSE-5 output and more customer sample shipments. It reports no production halt.
Also watch forQS reports flat or lower output, missed shipments, or line problems that cut customer supply.
Why it matters: The line would be QS's first mass-production site. Its timing and build progress test whether Eagle Line work can scale.
Supportive ifQS and Muehlbauer report dated build steps that keep the 100-MWh line on track to start production in 2028.
Worry ifQS or Muehlbauer delays the line past 2028, pauses engineering work, or drops the production target.
Why it matters: The first QSAS billings show that defense and other advanced customers have begun paying. Repeat bills would support demand beyond samples.
Supportive ifQS reports further QSAS customer billings tied to new sample shipments or paid development work.
Worry ifQS reports no further QSAS billings, fewer shipments, or canceled customer work in the next update.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$239 on $10,000 · ±2.4% | How much price usually moves either way. |
| Bad day | $723 loss on $10,000 · 7.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,715 loss on $10,000 · 77.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: QS is still loss-making and guides to a $250 million to $275 million loss. Staying in range would show cost control.
Worry ifFull-year 2026 Adjusted EBITDA loss is more than $275 million.
Less concerning ifFull-year 2026 Adjusted EBITDA loss is $250 million to $275 million or lower.