QuantumScape (QS)
Develops QSE-5 solid-state lithium-metal battery technology for electric vehicles.
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Develops QSE-5 solid-state lithium-metal batteries and ceramic separators for electric vehicles and other applications. Its capital-light model transfers manufacturing technology to licensing partners, with PowerCo central to industrialisation.
QSE-5 is the first targeted commercial product, built around a proprietary ceramic separator for solid-state lithium-metal batteries. The development program has progressed to low-volume B-sample production, automotive customer shipments, and shipments of Cobra-based QSE-5 cells.
Engineering and pilot-line work are concentrated in San Jose, while partners are intended to scale manufacturing through technology-transfer and licensing arrangements. PowerCo is the key disclosed industrialisation partner under a prospective non-exclusive, royalty-bearing licence.
Larger-scale manufacturing depends on product quality, consistency, reliability, throughput, safety, customer qualification, and technology-transfer milestones before partners manufacture and sell QSE-5-based batteries.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Feb 19, 2026 | HSBC | Upgrade | ||
| Feb 18, 2026 | HSBC | Target | Target: $10.50 | Target: $8.30 |
| Feb 18, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $4 | Target: $8.50 |
| Feb 12, 2026 | Robert W. Baird | Target | Target: — | Target: $12 |
| Nov 24, 2025 | Evercore ISI | Target | Target: — | Target: $12 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $859.0M · Total debt $67.1M · Total assets $1.17B · Shareholders' equity $1.05B
- Revenue
- $0
- Operating income
- −$106.1M
- Net income
- −$98.2M
No dividends on record.
| Institutions | 34.39% | 212.89M shares | |
|---|---|---|---|
| 488 holders · as of Jun 30, 2026 | |||
| Insiders | 4.08% | 25.24M shares | |
| 15 holders · as of Sep 17, 2026 | |||
| Other | 61.53% | 380.98M shares | |
| remainder | |||
619.11M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 4.61% | 28.56M A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.41% | 21.12M A | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 3.03% | 18.73M A | as of Jun 30, 2026 |
Capricorn Investment Group LLCInstitution | 1.86% | 11.50M A | as of Jun 30, 2026 |
Dipender SalujaInsiderdirector | 1.66% | 10.29M A | filed Jun 5, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 15, 2026 | Timothy Holme | officer: CHIEF TECHNOLOGY OFFICER | −97,500 | $5.09 |
| Aug 21, 2026 | Timothy Holme | officer: CHIEF TECHNOLOGY OFFICER | −12,723 | $6.01 |
| Aug 19, 2026 | Timothy Holme | officer: CHIEF TECHNOLOGY OFFICER | −41,876 | $5.76 |
| Jul 2, 2026 | Kevin Hettrich | officer: CHIEF FINANCIAL OFFICER | −9,800 | $7.28 |
| Jul 2, 2026 | Timothy Holme | officer: CHIEF TECHNOLOGY OFFICER | −137,245 | $7.28 |
- Toyota Motor (ADR)
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- Solid Power
Sulfide solid-electrolyte supplier and cell-design licensor for EVs
- S.E.S. AI
Li-metal battery developer for electric transportation
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| QuantumScape | $5.10 | −0.00% | $3.14B | — | — | — | — |
| Toyota Motor (ADR) | $193.14 | +0.33% | $227.96B | 8.5 | 14.7 | 0.7 | +1.4% |
| Solid Power | $2.49 | +0.41% | $558.0M | — | — | 54.5 | −115.7% |
| S.E.S. AI | $0.5599 | −1.77% | $207.7M | — | — | 8.9 | +44.6% |
| Median | 8.5 | 14.7 | 8.9 | +1.4% |