Quantumscape stock hits 52-week high at $15.03

Published 02/10/2025, 15:42
Quantumscape stock hits 52-week high at $15.03

Quantumscape Corp’s stock reached a significant milestone, hitting a 52-week high of $15.03. According to InvestingPro data, the stock’s beta of 4.43 indicates significantly higher volatility than the broader market, while current analysis suggests the stock is trading above its Fair Value. This achievement marks a notable moment for the company, reflecting a robust 170.13% increase over the past year. With a market capitalization of $8.48 billion and an overall Financial Health Score of "FAIR" from InvestingPro, the surge in stock price underscores growing investor confidence and interest in Quantumscape’s innovative battery technology. The company’s performance over the last year has been impressive, with its stock price climbing substantially, attracting attention from both investors and industry analysts. InvestingPro offers 15 additional investment tips and a comprehensive Pro Research Report for QS, providing deeper insights into the company’s valuation and growth prospects.

In other recent news, QuantumScape Corp reported its second-quarter 2025 earnings, showing a slight improvement over analyst expectations. The company posted an EPS of -$0.20, surpassing the forecasted -$0.21. In addition, QuantumScape announced a partnership with Corning Inc. to develop ceramic-separator manufacturing capabilities for solid-state batteries. This collaboration aims to establish high-volume production of ceramic separators for commercial applications, marking a significant step in advancing QuantumScape’s battery technology. Furthermore, QuantumScape, in collaboration with PowerCo, the battery company of Volkswagen Group, demonstrated the world’s first solid-state lithium-metal batteries powering a Ducati V21L race motorcycle. This demonstration signifies a milestone as the first anode-free solid-state batteries transition from laboratory testing to real-world application. These recent developments highlight QuantumScape’s progress in battery technology and strategic partnerships.

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