QuantumScape Stock Plummets 703% in Trading Volume Ranking 112th

Generated by AI AgentAinvest Volume Radar
Wednesday, Jul 23, 2025 6:42 pm ET1min read
Aime RobotAime Summary

- QuantumScape (QS) stock plummeted 7.03% with $937M trading volume, ranking 112th on July 23, 2025.

- The company released Q2 2025 results showing $0 revenue, $0.20 EPS loss, and $63M adjusted EBITDA loss.

- Despite financial losses, QuantumScape highlighted COBRA process advancements in solid-state battery technology.

- Strategic investments like PowerCo's $131M support its mission to develop high-density, fast-charging batteries.

On July 23, 2025,

(QS) experienced a significant decline, with its trading volume reaching $937 million, a 30.21% decrease from the previous day, ranking 112th in the day's stock market activity. The stock price dropped by 7.03%.

QuantumScape Corporation, a pioneer in developing next-generation solid-state lithium-metal batteries, released its second-quarter 2025 business and financial results. The company detailed its financial performance and business updates in a letter to shareholders, available on its Investor Relations website. QuantumScape will host a live webcast to discuss these results, featuring CEO Siva Sivaram and CFO Kevin Hettrich. The webcast will be accessible via the company's IR Events page and will be archived for 12 months.

QuantumScape's second-quarter performance highlighted significant advancements in its solid-state battery technology, particularly in the COBRA process. Despite posting a net loss and no revenue, the company's focus remains on execution milestones and capital allocation. The stock's decline in after-hours trading was attributed to investor reactions to the earnings report, which met expectations with a $0.20 EPS loss and $0 revenue. The company reported an adjusted EBITDA loss of $63.0 million, aligning with analyst forecasts, and concluded the quarter with $797.5 million in cash.

QuantumScape's mission to revolutionize energy storage for a sustainable future continues to drive its development of next-generation batteries designed for greater energy density, faster charging, and enhanced safety. The company's strategic investments, such as the $131 million from PowerCo, further support its goals in the energy storage sector.

Comments



Add a public comment...
No comments

No comments yet