Reported 2 days ago
QuantumScape's stock recently reached a new 52-week high of $15.03, reflecting optimism fueled by significant advancements in its solid-state battery technology. Despite being pre-revenue and facing ongoing cash burn, the company has made strides with its new 'Cobra' separator process and has eliminated a costly facility lease, cutting future expenses. Analysts remain cautious, rating QS stock as a 'Hold' with the consensus acknowledging its innovative potential against the backdrop of uncertain commercialization.
Source: YAHOO