QuantumScape (QS) stock disappoints after earnings report, with no revenue generated and operating expenses lowered by 14%. Investors frustrated by lack of revenue guidance and stock price reaction reflects concern. This year, QS plans to invest in scaling solid-state battery production using the Eagle Line. Stock down 58% from October peak but up 54% over 12 months. Company closer to profitability with 20% growth in last two quarters. Minimal debt, substantial liquidity, and technological breakthrough potential make QS an interesting but volatile play. Analysts maintain neutral stance with median price target offering 23% upside.
Source: www.barchart.com
Read more at Barchart: As QuantumScape Narrows Losses, Is It Time to Bet on QS Stock?
