HSBC has downgraded Quantumscape Corp (QS) to Reduce from Hold as of November 18, 2025. The current price stands at $12.97.
This downgrade underscores increased caution regarding Quantumscape's outlook. The revision may reflect concerns about competitive pressures, market conditions, or execution risks that could impact the company's performance.
Quantumscape Corp, headquartered in San Jose, California, develops next-generation solid-state lithium-metal batteries. The firm aims to enhance energy density, charging speed, and safety through its innovative technology, which eliminates the need for conventional anode materials. As of November 2025, Quantumscape has a market capitalization of $7.8 billion and a trailing twelve-month EPS of -0.81.
Upcoming earnings reports are scheduled for April 20, 2026, and July 20, 2026, with estimated EPS of -0.20 and projected revenue of $0 for both periods. Recent performance showed a Q3 2025 EPS of -0.18, exceeding estimates by 12.6%. The analyst consensus currently indicates 0 Strong Buy, 1 Buy, 7 Hold, 5 Sell, and 4 Strong Sell ratings, resulting in an overall Sell consensus.
Analyst ratings and price targets provide insights based on research and financial models. However, these assessments are subject to change as new information becomes available, and different analysts may hold varying opinions on the same company.