QuantumScape (QS) saw shares rise over 100% in 2025, but are still down 40% from their October high. With first revenue expected in 2026, licensing agreements with automakers like Volkswagen (VWAGY) could generate $5 million in revenue. The solid-state battery market is projected to grow at a CAGR of over 56%.

Despite positive projections, Wall Street rates QuantumScape stock as a “Moderate Sell” with a mean target of $9.89, suggesting a potential 10% downside. However, options data shows a bullish trend with a put-to-call ratio of 0.33 for contracts expiring Jan. 2. Technical analysis indicates bullish momentum with shares trading above their 200-day MA.

Read more at Barchart: QuantumScape Gained 100% in 2025 and Is Set to Generate Revenue for the First Time in 2025. Options Data Suggests You Should Play QS Stock Like This for 2026.