QS Chart
About

QuantumScape Corporation, together with its subsidiaries, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications in the United States. The company was founded in 2010 and is headquartered in San Jose, California.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Parts Market Cap 4.65B
Enterprise Value 3.77B Income -435.05M Sales —
Book/sh 1.93 Cash/sh 1.61 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E -13.33 PEG —
P/S — P/B 4.00 P/C —
EV/EBITDA -9.27 EV/Sales — Quick Ratio 15.77
Current Ratio 15.95 Debt/Eq 6.07 LT Debt/Eq —
EPS (ttm) -0.76 EPS next Y -0.58 EPS Growth —
Revenue Growth — Earnings 2026-04-22 ROA -22.46%
ROE -37.39% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 562.40M
Shs Float 473.70M Short Float 12.87% Short Ratio 4.45
Short Interest — 52W High 19.07 52W Low 3.40
Beta 2.50 Avg Volume 16.13M Volume 12.40M
Target Price $9.62 Recom Underperform Prev Close $7.76
Price $7.73 Change -0.45%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.63
Mean price target
2. Current target
$7.73
Latest analyst target
3. DCF / Fair value
$-4.30
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.73
Low
$2.50
High
$16.00
Mean
$9.63

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-08 init Morgan Stanley — → Equal-Weight $12
2025-11-24 down Evercore ISI Group Outperform → In-Line $12
2025-11-19 down HSBC Hold → Reduce $11
2025-10-30 main TD Cowen Hold → Hold $16
2025-07-24 main Baird Neutral → Neutral $11
2025-04-28 main Goldman Sachs Sell → Sell $3
2025-04-24 main Baird Neutral → Neutral $6
2025-04-10 main Goldman Sachs Sell → Sell $3
2025-04-10 down UBS Neutral → Sell $3
2025-02-18 main Evercore ISI Group Outperform → Outperform $8
2025-02-14 main Truist Securities Hold → Hold $6
2024-11-19 up HSBC Reduce → Hold $5
2024-10-25 reit Truist Securities Hold → Hold $7
2024-10-16 main Truist Securities Hold → Hold $6
2024-08-05 reit Truist Securities Hold → Hold $7
2024-04-25 main UBS Neutral → Neutral $5
2024-04-22 main Truist Securities Hold → Hold $6
2024-02-16 main Truist Securities Hold → Hold $8
2024-02-15 main Baird Neutral → Neutral $8
2023-12-04 init HSBC — → Reduce $5
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 36102 — — Stock Award(Grant) at price 0.00 per share. RIBAR GEOFFREY GEORGE Director — 2026-01-29 00:00:00 D
1 9800 103791.0 — Sale at price 10.59 per share. HETTRICH KEVIN Chief Financial Officer — 2026-01-14 00:00:00 D
2 27106 305691.0 — Sale at price 11.28 per share. STRAUBEL JEFFREY BRIAN Director — 2026-01-05 00:00:00 D
3 211362 2383745.0 — Sale at price 11.28 per share. HOLME TIMOTHY Chief Technology Officer — 2026-01-05 00:00:00 D/I
4 211362 nan — — HOLME TIMOTHY Chief Technology Officer — 2026-01-05 00:00:00 D/I
5 157171 1788999.0 — Sale at price 11.38 per share. STRAUBEL JEFFREY BRIAN Director — 2025-12-19 00:00:00 D
6 130065 309165.0 — Conversion of Exercise of derivative security at price 2.38 per share. STRAUBEL JEFFREY BRIAN Director — 2025-12-19 00:00:00 D
7 3400 — — Stock Gift at price 0.00 per share. LOVETT GENA C. Director — 2025-12-15 00:00:00 D
8 3297645 36943679.0 — Sale at price 11.01 - 11.94 per share. SALUJA DIPENDER Director — 2025-12-15 00:00:00 I
9 9800 108527.0 — Sale at price 11.07 per share. HETTRICH KEVIN Chief Financial Officer — 2025-12-15 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-409.93M-392.95M-373.37M-198.53M
TotalUnusualItems168.67M
TotalUnusualItemsExcludingGoodwill168.67M
NetIncomeFromContinuingOperationNetMinorityInterest-477.86M-445.14M-411.91M-45.97M
ReconciledDepreciation65.79M49.75M36.12M14.70M
EBITDA-409.93M-392.95M-373.37M-29.86M
EBIT-475.72M-442.70M-409.50M-44.56M
NetInterestIncome43.80M34.11M8.51M464.00K
InterestExpense2.22M2.38M2.40M1.42M
InterestIncome46.02M36.49M10.90M1.88M
NormalizedIncome-477.86M-445.14M-411.91M-214.64M
NetIncomeFromContinuingAndDiscontinuedOperation-477.86M-445.14M-411.91M-45.97M
TotalExpenses525.21M479.03M420.62M215.27M
TotalOperatingIncomeAsReported-525.21M-479.03M-420.62M-215.27M
DilutedAverageShares508.10M462.24M432.97M409.51M
BasicAverageShares508.10M462.24M432.97M404.26M
DilutedEPS-0.94-0.96-0.95-0.52
BasicEPS-0.94-0.96-0.95-0.11
DilutedNIAvailtoComStockholders-477.86M-445.14M-411.91M-214.64M
AverageDilutionEarnings0.000.00-168.67M
NetIncomeCommonStockholders-477.86M-445.14M-411.91M-45.97M
NetIncome-477.86M-445.14M-411.91M-45.97M
MinorityInterests85.00K-66.00K-11.00K11.00K
NetIncomeIncludingNoncontrollingInterests-477.94M-445.08M-411.90M-45.98M
NetIncomeContinuousOperations-477.94M-445.08M-411.90M-45.98M
PretaxIncome-477.94M-445.08M-411.90M-45.98M
OtherIncomeExpense3.46M-160.00K216.00K168.82M
OtherNonOperatingIncomeExpenses3.46M-160.00K216.00K151.00K
GainOnSaleOfSecurity168.67M
NetNonOperatingInterestIncomeExpense43.80M34.11M8.51M464.00K
InterestExpenseNonOperating2.22M2.38M2.40M1.42M
InterestIncomeNonOperating46.02M36.49M10.90M1.88M
OperatingIncome-525.21M-479.03M-420.62M-215.27M
OperatingExpense525.21M479.03M420.62M215.27M
ResearchAndDevelopment382.97M347.94M297.44M151.50M
SellingGeneralAndAdministration142.24M131.09M123.18M63.77M
GeneralAndAdministrativeExpense142.24M131.09M123.18M63.77M
OtherGandA142.24M131.09M123.18M63.77M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber542.55M493.03M437.96M428.32M
ShareIssued542.55M493.03M437.96M428.32M
TotalDebt93.54M100.63M105.42M77.37M
TangibleBookValue1.16B1.34B1.32B1.61B
InvestedCapital1.16B1.34B1.32B1.61B
WorkingCapital857.40M1.03B1.03B1.43B
NetTangibleAssets1.16B1.34B1.32B1.61B
CapitalLeaseObligations93.54M100.63M105.42M77.37M
CommonStockEquity1.16B1.34B1.32B1.61B
TotalCapitalization1.16B1.34B1.32B1.61B
TotalEquityGrossMinorityInterest1.16B1.34B1.32B1.61B
MinorityInterest0.001.77M1.70M1.69M
StockholdersEquity1.16B1.34B1.32B1.61B
GainsLossesNotAffectingRetainedEarnings428.00K-2.88M-17.87M-4.21M
OtherEquityAdjustments428.00K-2.88M-17.87M-4.21M
RetainedEarnings-3.36B-2.88B-2.44B-2.02B
AdditionalPaidInCapital4.52B4.22B3.77B3.63B
CapitalStock54.00K49.00K44.00K43.00K
CommonStock54.00K49.00K44.00K43.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest164.55M161.80M155.86M107.06M
TotalNonCurrentLiabilitiesNetMinorityInterest99.66M104.71M109.05M76.45M
OtherNonCurrentLiabilities2.52M2.62M315.00K
PreferredSecuritiesOutsideStockEquity1.69M
DerivativeProductLiabilities0.00
NonCurrentDeferredLiabilities2.52M2.52M2.62M315.00K
LongTermDebtAndCapitalLeaseObligation84.78M92.72M100.56M76.14M
LongTermCapitalLeaseObligation84.78M92.72M100.56M76.14M
LongTermProvisions12.37M9.47M5.87M
CurrentLiabilities64.88M57.09M46.81M30.61M
CurrentDebtAndCapitalLeaseObligation8.76M7.91M4.85M1.23M
CurrentCapitalLeaseObligation8.76M7.91M4.85M1.23M
PensionandOtherPostRetirementBenefitPlansCurrent32.21M26.04M13.06M9.12M
PayablesAndAccruedExpenses23.91M23.14M28.90M20.26M
CurrentAccruedExpenses17.45M10.18M7.48M6.08M
Payables6.47M12.96M21.42M14.18M
AccountsPayable6.47M12.96M21.42M14.18M
TotalAssets1.32B1.50B1.48B1.72B
TotalNonCurrentAssets400.11M418.46M403.08M252.22M
OtherNonCurrentAssets26.38M24.29M18.35M18.23M
NetPPE373.73M394.17M384.73M233.98M
AccumulatedDepreciation-155.00M-107.76M-70.03M-43.24M
GrossPPE528.73M501.93M454.75M277.22M
Leases115.88M99.52M72.20M23.19M
ConstructionInProgress61.94M89.66M108.58M101.42M
OtherProperties73.74M81.00M88.80M67.80M
MachineryFurnitureEquipment277.18M231.73M185.17M84.81M
Properties0.000.000.000.00
CurrentAssets922.29M1.08B1.07B1.46B
OtherCurrentAssets11.52M12.71M10.59M15.76M
PrepaidAssets15.76M
CashCashEquivalentsAndShortTermInvestments910.77M1.07B1.06B1.45B
OtherShortTermInvestments769.90M928.28M826.34M1.13B
CashAndCashEquivalents140.87M142.52M235.39M320.70M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-336.69M-324.54M-376.87M-255.09M
RepaymentOfDebt-2.91M-1.97M-809.00K
IssuanceOfDebt5.51M
IssuanceOfCapitalStock128.53M288.16M0.00562.86M
CapitalExpenditure-62.13M-84.51M-158.84M-127.18M
InterestPaidSupplementalData2.22M1.78M1.61M330.00K
EndCashPosition158.91M160.57M252.92M338.22M
BeginningCashPosition160.57M252.92M338.22M115.41M
ChangesInCash-1.66M-92.34M-85.31M222.81M
FinancingCashFlow144.03M300.21M8.60M736.56M
CashFlowFromContinuingFinancingActivities144.03M300.21M8.60M736.56M
NetOtherFinancingCharges-1.69M-1.02M
ProceedsFromStockOptionExercised20.09M14.02M9.41M169.21M
NetPreferredStockIssuance0.000.00
PreferredStockIssuance0.000.00
NetCommonStockIssuance128.53M288.16M0.00562.86M
CommonStockIssuance128.53M288.16M0.00562.86M
NetIssuancePaymentsOfDebt-2.91M-1.97M-809.00K5.51M
NetLongTermDebtIssuance-2.91M-1.97M-809.00K5.51M
LongTermDebtPayments-2.91M-1.97M-809.00K
LongTermDebtIssuance5.51M
InvestingCashFlow128.87M-152.53M124.12M-385.83M
CashFlowFromContinuingInvestingActivities128.87M-152.53M124.12M-385.83M
NetInvestmentPurchaseAndSale191.00M-68.02M282.96M-258.66M
SaleOfInvestment1.49B1.04B852.51M1.12B
PurchaseOfInvestment-1.30B-1.11B-569.55M-1.38B
NetPPEPurchaseAndSale-62.13M-84.51M-158.84M-127.18M
PurchaseOfPPE-62.13M-84.51M-158.84M-127.18M
OperatingCashFlow-274.56M-240.03M-218.02M-127.91M
CashFlowFromContinuingOperatingActivities-274.56M-240.03M-218.02M-127.91M
ChangeInWorkingCapital8.80M-14.08M12.12M7.12M
ChangeInOtherWorkingCapital6.73M
ChangeInOtherCurrentLiabilities-5.27M-3.64M1.46M-1.20M
ChangeInPayablesAndAccruedExpense14.96M-2.90M5.61M13.18M
ChangeInPayable-2.90M5.61M13.18M
ChangeInAccountPayable-2.90M5.61M13.18M
ChangeInPrepaidAssets-893.00K-7.53M5.05M-4.85M
OtherNonCashItems109.00K469.00K840.00K899.00K
StockBasedCompensation144.65M166.30M127.11M52.17M
AssetImpairmentCharge13.35M21.53M13.70M0.00
AmortizationOfSecurities-29.31M-18.91M3.99M11.85M
DepreciationAmortizationDepletion65.79M49.75M36.12M14.70M
DepreciationAndAmortization65.79M49.75M36.12M14.70M
Depreciation65.79M49.75M36.12M14.70M
OperatingGainsLosses-168.67M
GainLossOnInvestmentSecurities-168.67M
NetIncomeFromContinuingOperations-477.94M-445.08M-411.90M-45.98M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for QS
Date User Asset Broker Type Position Size Entry Price Patterns