QuantumScape (QS) shares surged after launching the Eagle Line production platform, nearing the 200-day MA. Despite a 20% drop from its year-to-date high, the platform proves industrial viability and opens doors for licensing deals. The Eagle Line brings QuantumScape closer to commercial revenue by 2026. With shrinking losses and a Q4 earnings report expected to show improvement, risk-tolerant investors may find QS shares worth buying for the long term. However, Wall Street remains bearish on QuantumScape, with a consensus rating of “Moderate Sell” and a mean target of $9.55.

Read more at Barchart: QuantumScape Just Broke Through Its 200-Day Moving Average. Should You Buy QS Stock Before Earnings?