QuantumScape Corporation

NasdaqGS:QS Stock Report

Market Cap: US$4.0b

QuantumScape Future Growth

Future criteria checks 2/6

QuantumScape is forecast to grow earnings and revenue by 48.7% and 47.2% per annum respectively. EPS is expected to grow by 44.4% per annum. Return on equity is forecast to be -40.7% in 3 years.

Key information

48.7%

Earnings growth rate

44.35%

EPS growth rate

Auto Components earnings growth34.3%
Revenue growth rate47.2%
Future return on equity-40.74%
Analyst coverage

Good

Last updated18 Feb 2026

Recent future growth updates

Recent updates

Solid State Battery Licensing Will Shape Future Earnings Power And Long Term Optionality

Catalysts About QuantumScape QuantumScape develops solid state lithium metal battery technology and licenses its cell designs and manufacturing processes to partners. What are the underlying business or industry changes driving this perspective?

QuantumScape: The Story Is Better, But The Stock Still Needs Manufacturing Proof

Mar 11

Capital Light Licensing And Manufacturing Bottlenecks Will Undermine Long Term Electrification Potential

Catalysts About QuantumScape QuantumScape develops solid state lithium metal battery technology that it aims to commercialize through a capital light, licensing focused model. What are the underlying business or industry changes driving this perspective?

QuantumScape: A Mispriced Deep‑Tech Inflection Point With Multi‑Billion‑Dollar Optionality

QuantumScape is the only battery company to demonstrate OEM‑validated solid‑state lithium‑metal performance at automotive‑relevant conditions. The market still prices QS as a speculative science project.

Weekly Picks: 📈 MSTR's Leveraged Bitcoin Exposure, QS' Breakthrough Battery Tech, and BBWI's Turnaround Potential

Jul 16
Weekly Picks: 📈 MSTR's Leveraged Bitcoin Exposure, QS' Breakthrough Battery Tech, and BBWI's Turnaround Potential
User avatar

An amazing opportunity to potentially get a 100 bagger

QuantumScape: From Ambitious Science to the Cusp of a Battery Revolution Links to my detailed research videos https://www.youtube.com/playlist?list=PLTxyzjHIS6phTvuEN20Iv5uA1g9qLcmc5   QuantumSca

Here's Why We're Not Too Worried About QuantumScape's (NYSE:QS) Cash Burn Situation

May 12
Here's Why We're Not Too Worried About QuantumScape's (NYSE:QS) Cash Burn Situation

QuantumScape: A Great Story, But Not A Great Investment (Yet)

Mar 20

QuantumScape Remains At The Forefront Of Solid-State Battery Revolution

Mar 11

We Think QuantumScape (NYSE:QS) Can Afford To Drive Business Growth

Feb 03
We Think QuantumScape (NYSE:QS) Can Afford To Drive Business Growth

QuantumScape: Not Letting The Chances Of Gains Escape

Feb 02

QuantumScape: Too Much Risk For Too Little Visibility

Jan 20

QuantumScape: The Uptrend Is Just Getting Started

Jan 08

QuantumScape: Waiting For A  Major Breakthrough In 2025

Dec 26

QuantumScape: Don't Jump The Gun (Technical Analysis)

Dec 10

QuantumScape May Face EV Adoption Headwinds When It Comes Time To Produce

Oct 25

Companies Like QuantumScape (NYSE:QS) Are In A Position To Invest In Growth

Oct 02
Companies Like QuantumScape (NYSE:QS) Are In A Position To Invest In Growth

QuantumScape: Back To Reality

Sep 23

QuantumScape Corporation: Attractive Upside For Patient Investors

Aug 01

QuantumScape: Wait For A Dip Following VW Excitement

Jul 11

QuantumScape: The Valuation Makes No Sense

Jun 19

We're Not Very Worried About QuantumScape's (NYSE:QS) Cash Burn Rate

Jun 18
We're Not Very Worried About QuantumScape's (NYSE:QS) Cash Burn Rate

QuantumScape May Need A Buyout To Stay Viable

Apr 09

QuantumScape: Sit Back To See The Company's Progress

Mar 06

We're Not Very Worried About QuantumScape's (NYSE:QS) Cash Burn Rate

Mar 04
We're Not Very Worried About QuantumScape's (NYSE:QS) Cash Burn Rate

From Prototype To Production: QuantumScape's Leap Forward (Upgrade)

Feb 20

Earnings and Revenue Growth Forecasts

NasdaqGS:QS - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028544-271-171-1707
12/31/202748-352-251-2335
12/31/20260-407-285-2645
12/31/2025N/A-435-279-242N/A
9/30/2025N/A-450-280-245N/A
6/30/2025N/A-463-317-274N/A
3/31/2025N/A-472-331-277N/A
12/31/2024N/A-478-337-275N/A
9/30/2024N/A-477-338-273N/A
6/30/2024N/A-468-308-243N/A
3/31/2024N/A-461-306-236N/A
12/31/2023N/A-445-325-240N/A
9/30/2023N/A-441-354-245N/A
6/30/2023N/A-448-384-239N/A
3/31/2023N/A-426-381-233N/A
12/31/2022N/A-412-377-218N/A
9/30/2022N/A-370-366-200N/A
6/30/2022N/A-237-323-172N/A
3/31/2022N/A-61-307-154N/A
12/31/2021N/A-46-255-128N/A
9/30/2021N/A-1,255-203-110N/A
6/30/2021N/A-1,647-152-94N/A
3/31/2021N/A-1,741-104-71N/A
12/31/2020N/A-1,682-85-61N/A
9/30/2020N/A-419-63-45N/A
6/30/2020N/A-57-61-44N/A
3/31/2020N/A-55-57-43N/A
12/31/2019N/A-51-52-42N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: QS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: QS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: QS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: QS's revenue (47.2% per year) is forecast to grow faster than the US market (10.4% per year).

High Growth Revenue: QS's revenue (47.2% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: QS is forecast to be unprofitable in 3 years.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/23 16:26
End of Day Share Price 2026/03/23 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

QuantumScape Corporation is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin KalloBaird
Mark NewmanBernstein
Yan DongDeutsche Bank