Solid-state battery maker QuantumScape (NASDAQ: QS) reported progress towards commercialization in its fourth-quarter report. Despite the positive news, the stock is down today.

QuantumScape expects further losses in 2026, causing a 10% stock drop after the report. The company also launched a battery cell pilot production line and added two large global automotive OEMs as customers.

Investors are wary of QuantumScape’s forecasted capital expenditures and adjusted EBITDA losses for 2026. The stock has seen a 70% increase over the past year, prompting some to lock in gains with higher expected losses and spending.

Before investing in QuantumScape, note that the Motley Fool Stock Advisor team did not include it in their list of the 10 best stocks to buy now. Past recommendations like Netflix and Nvidia have yielded significant returns for investors.

Read more at Yahoo Finance: Why QuantumScape Stock Got Crushed Today