QuantumScape dips after quarterly results

QuantumScape

23/07/2026 11:26

** Shares of battery-tech company QuantumScape QS.O fall 4.3% to $5.62 premarket
** Stock set to open at a one-year low, if declines hold 
** Co reiterates adj EBITDA loss guidance in the range of $250 mln - $275 mln
** QS lowered its FY26 capex guidance in the range of $27 mln - $37 mln, citing cost savings on specific capital projects 
** Co reports Q2 net loss of 16 cents per share, compared with adj loss of 20 cents/shr a year ago  
** Seven out of nine brokerages rate the stock "hold" and two rate it "sell"; median PT is $8.15
** As of last close, stock has fallen 43.7% YTD 

 (Reporting by Anand Gopal R)
 ((anandgopal.r@thomsonreuters.com))