QuantumScape Corp (QS) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does QuantumScape Corp Do?
QuantumScape Corporation, a development stage company, focuses on 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. QuantumScape Corp (QS) is classified as a mid-cap stock in the Industrials sector, specifically within the Electrical Equipment industry. The company is led by CEO Jagdeep Singh and employs approximately 850 people. With a market capitalization of $3.8B, QS is one of the notable companies in the Industrials sector.
QuantumScape Corp (QS) Stock Rating — Reduce (April 2026)
As of April 2026, QuantumScape Corp receives a Reduce rating with a composite score of 30.4/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.QS ranks #3,797 out of 4,446 stocks in our coverage universe. Within the Industrials sector, QuantumScape Corp ranks #649 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
QS Stock Price and 52-Week Range
QuantumScape Corp (QS) currently trades at $6.36. The stock gained $0.18 (2.9%) in the most recent trading session. The 52-week high for QS is $19.07, which means the stock is currently trading -66.6% from its annual peak. The 52-week low is $3.40, putting the stock 87.1% above its annual trough. Recent trading volume was 7.0M shares, reflecting moderate market activity.
Is QS Overvalued or Undervalued? — Valuation Analysis
QuantumScape Corp (QS) carries a value factor score of 23/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 3.25x, versus the sector average of 2.23x.
At current multiples, QuantumScape Corp trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
QuantumScape Corp Profitability — ROE, Margins, and Quality Score
QuantumScape Corp (QS) earns a quality factor score of 27/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -38.9%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -34.8% versus the sector average of 3.3%.
Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
QS Debt, Balance Sheet, and Financial Health
QuantumScape Corp has a debt-to-equity ratio of 12.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 15.95x, indicating strong short-term liquidity. Total debt on the balance sheet is $0. Cash and equivalents stand at $226M.
QS has a beta of 1.82, meaning it is more volatile than the broader market — a $10,000 investment in QS would be expected to move 81.7% more than the S&P 500 on any given day. The stability factor score for QuantumScape Corp is 23/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
QuantumScape Corp Revenue and Earnings History — Quarterly Trend
In TTM 2026, QuantumScape Corp reported revenue of $0 and earnings per share (EPS) of $-0.76. Net income for the quarter was $-455M. Operating income came in at $-492M.
In FY 2025, QuantumScape Corp reported revenue of $0 and earnings per share (EPS) of $-0.76. Net income for the quarter was $-435M. Operating income came in at $-473M.
In Q3 2025, QuantumScape Corp reported revenue of $0 and earnings per share (EPS) of $-0.18. Net income for the quarter was $-106M. Operating income came in at $-115M.
In Q2 2025, QuantumScape Corp reported revenue of $0 and earnings per share (EPS) of $-0.20. Net income for the quarter was $-115M. Operating income came in at $-124M.
Over the past 8 quarters, QuantumScape Corp has experienced revenue contraction from $0 to $0. Investors analyzing QS stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
QS Dividend Yield and Income Analysis
QuantumScape Corp (QS) does not currently pay a dividend. This is common among smaller companies in the Electrical Equipment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
QS Momentum and Technical Analysis Profile
QuantumScape Corp (QS) has a momentum factor score of 40/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 43/100 reflects moderate short selling activity.
QS vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, QuantumScape Corp (QS) ranks #649 out of 752 stocks based on the Blank Capital composite score. This places QS in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing QS against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full QS vs S&P 500 (SPY) comparison to assess how QuantumScape Corp stacks up against the broader market across all factor dimensions.
QS Next Earnings Date
No upcoming earnings date has been announced for QuantumScape Corp (QS) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy QS? — Investment Thesis Summary
The quantitative profile for QuantumScape Corp suggests caution. The quality score of 27/100 flags below-average profitability. The value score of 23/100 indicates premium valuation. High volatility (stability score 23/100) increases portfolio risk.
In summary, QuantumScape Corp (QS) earns a Reduce rating with a composite score of 30.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on QS stock.
Related Resources for QS Investors
Explore more research and tools: QS vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare QS head-to-head with peers: QS vs SOBO, QS vs TEN, QS vs GLDD.