Recommendation: Buy
| Entry Date | Symbol | Recommendation | Entry Price (USD) | Target 1 (USD) | Target 2 (USD) | Holding Duration | Potential Upside* |
|---|---|---|---|---|---|---|---|
| 31 Jan, 25 | QS | Buy | USD 5.1 | USD 5.36 | USD 5.77 | 3 days | 13.1% |
*Potential Upside (%) indicates the expected percentage increase from the Entry Price to the Target 2 Price.
Data Powered by EOD Historical Data (“EODHD”).
QuantumScape Corporation, a research and 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.
Advancement in Battery Performance – The QSE-5 B sample features an energy density of 844 Wh/L and can charge from 10% to 80% in just 12.2 minutes, showcasing the significant improvements in performance and charging speed.
Progress Toward Commercialization – QuantumScape is on track to deliver higher-volume samples of its QSE-5 product in 2025, with the recent milestone of developing and releasing the Cobra heat treatment equipment for separator processing, critical for mass production.
Development Delays – While the company has met some key milestones, delays in the development and integration of its technology could push back commercial product releases and affect long-term growth projections.
Scalability Uncertainty – Despite technological advancements, QuantumScape still faces challenges in scaling its solid-state battery technology to gigawatt-hour levels, which is critical for achieving mass-market adoption.
Key investment risks for QuantumScape include the uncertainty around the scalability and commercialization of its solid-state battery technology, potential delays in meeting production milestones, reliance on external suppliers and partnerships, and the competitive landscape in the rapidly evolving battery industry.
| Entry Price | Support* | Target 1 | Target 2 |
|---|---|---|---|
| 5.1 | 4.44 | 5.36 | 5.77 |
Data Source: REFINITIV, Analysis: StockNextt
*Support can be considered as an indicative stop-loss, and if prices move below that level on closing basis individuals may evaluate exiting the position depending on their risk appetite, previous holdings, and other factors considered. The support and resistance levels may need to be re-evaluated within 4-6 weeks’ time frame depending on the stock price movements from the date of recommendation on the stock.
QuantumScape Advances Solid-State Battery Commercialization
QuantumScape Corporation (NYSE: QS), a leader in solid-state lithium-metal battery technology, has announced a significant milestone with the development, delivery, installation, and initial release of its next-generation heat treatment equipment, Cobra, for separator processing. This achievement keeps the company on schedule to deliver higher-volume samples of its first planned commercial product, QSE-5, in 2025, marking a crucial step toward the large-scale commercialization of solid-state batteries for electric vehicles.
Cobra: A Breakthrough in Separator Manufacturing
Cobra represents a major advancement in ceramic solid-state separator production, enhancing both scalability and cost efficiency. The development is the result of years of research and development focused on QuantumScape’s fast separator production process, a core innovation that will enable battery manufacturing at gigawatt-hour scale. The company plans to integrate Cobra into its cell production baseline in 2025, accelerating its pathway toward mass production.
Consistent Execution of Strategic Milestones
QuantumScape established four key annual objectives at the beginning of 2024, all aimed at integrating component-level advancements from 2023 into the QSE-5. With the completion of the Cobra milestone, the company has successfully met all four targets. These include beginning low-volume QSE-5 prototype production, ramping up the Raptor separator production process, and shipping Alpha-2 battery samples. Notably, QSE-5 B sample production commenced in October, featuring an energy density of 844 Wh/L and the ability to charge from 10% to 80% in just 12.2 minutes, underscoring the company’s technological progress.
Momentum Toward Gigawatt-Hour Scale Production
With a track record of consistent execution, QuantumScape remains focused on scaling up its solid-state battery technology. CEO and President Dr. Siva Sivaram emphasized the team’s dedication to achieving ambitious goals, while Co-founder and CTO Tim Holme highlighted Cobra as a breakthrough in ceramics manufacturing. As the company prepares for full-scale production in 2025, these advancements position QuantumScape at the forefront of next-generation battery innovation.
QuantumScape Strengthens Solid-State Battery Ecosystem
QuantumScape Corporation (NYSE: QS), a leading innovator in solid-state lithium-metal battery technology, recently convened key stakeholders to advance the solid-state battery ecosystem. The event brought together distinguished representatives, including battery equipment and materials suppliers, government officials, and automotive industry leaders, fostering collaboration and dialogue on the future of energy storage solutions.
Solid-State Batteries Symposium Highlights Industry Collaboration
The Solid-State Batteries Symposium emphasized the critical role of next-generation battery technology in shaping the future of automotive energy storage. Participants discussed advancements in solid-state battery development, highlighting its potential to enhance vehicle performance, safety, and sustainability. By strengthening industry partnerships, QuantumScape aims to accelerate the commercialization of solid-state batteries and drive innovation within the broader energy storage landscape.
Considering recent key business, financial updates, current trading levels, and key business risks, a ‘Buy’ recommendation has been given on QuantumScape Corporation (NYSE: QS) at the closing price of USD 5.10, as on January 29, 2025.
Data Powered by EOD Historical Data (“EODHD”).
Sector: Consumer Cyclical Industry: Auto Parts
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to EBITDA (x) | |
|---|---|---|---|---|---|---|---|---|
| QS Quantumscape Corp |
-0.035 0.84% | 4.12 | - | - | - | 2.41 | -7.2191 | |
| DNZOY Denso Corp ADR |
-0.06 0.48% | 12.38 | 18.99 | 12.36 | 0.0067 | 1.23 | 0.0064 | 0.05 |
| DNZOF DENSO Corporation |
- -% | 12.35 | 19.14 | 12.89 | 0.0064 | 1.28 | 0.0065 | 0.05 |
| APTV Aptiv PLC |
0.07 0.12% | 59.57 | 11.14 | 14.56 | 1.24 | 2.27 | 1.50 | 11.76 |
| BRDCF Bridgestone Corporation |
- -% | 42.48 | 11.70 | 11.93 | 0.0056 | 0.97 | 0.84 | 4.33 |
Data Powered by EOD Historical Data (“EODHD”).
Related Risks: This report may be looked at from high-risk perspective and recommendations are provided are for a short duration. Recommendations provided in this report are solely based on technical parameters, and the fundamental performance of the stocks has not been considered in the decision-making process. Other factors which could impact the stock prices include market risks, regulatory risks, interest rates risks, currency risks, social and political instability risks etc.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is January 29, 2025. The reference data in this report has been partly sourced from REFINITIV.
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Target: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Target 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Target 2 may act as the crucial resistance level for the stock.
Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.
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