QS Stock Rebounds 20% Off Lows As Hype Returns Pre-Q2 Earnings

After a blistering month-long rally, QuantumScape's stock saw a sharp correction—only to explode higher again today as investors doubled...

Investors Ride QS Rollercoaster Into Q2 Earnings, Betting Big on Battery Leap

Quick overview

  • QuantumScape's stock experienced a volatile trading pattern, rallying 20% today after a 15% drop on Monday.
  • The company's recent surge is attributed to excitement over its new Cobra separator technology, which promises advancements in solid-state battery production.
  • Despite a market cap of over $7 billion, QuantumScape remains unprofitable and is still in pre-revenue stages.
  • Investors are eagerly awaiting the upcoming Q2 earnings report for insights on commercialization timelines and production progress.

After a blistering month-long rally, QuantumScape’s stock saw a sharp correction—only to explode higher again today as investors doubled down ahead of tomorrow’s earnings and a potential breakthrough in solid-state battery production.

From Profit Taking to Optimism: A Whiplash 48 Hours for QS Investors

QuantumScape (NYSE: QS) continued its wild trading pattern as the company’s shares rallied 20% today to reclaim the $14 mark. This sudden upswing came after a bruising 15% drop on Monday and further selling in after-hours trading, which saw the stock open at $11.30 this morning.

The volatility underscores just how divided the market remains over QuantumScape’s near-term prospects — yet also highlights the fervent belief among bulls that the company may be inching closer to commercializing its long-awaited solid-state EV battery technology.

QS Chart Daily – The Biggest Bullish Candlestick

Despite the selloff, today’s rally was marked by explosive volume, with more than 42 million shares changing hands. The rebound reflects investors’ willingness to buy any dip ahead of the Q2 2025 earnings release, scheduled for after the close tomorrow.

Stock Up Over 300% in a Month on Manufacturing Breakthrough

Since bottoming near $4.30 in late June, QuantumScape shares have soared over 300%, briefly crossing $15 per share last Friday. That run was driven largely by investor excitement around a new manufacturing innovation the company unveiled in June — the Cobra separator.

This new approach to battery production promises a faster, more compact, and energy-efficient method of scaling up solid-state battery output — a breakthrough that could give QuantumScape a critical edge in what many see as the next great race in energy storage.

For now, investors are betting that the Cobra separator, combined with increasing production capacity, will help the company transition from promising prototype to profitable reality. Yet despite the optimism, QuantumScape remains in pre-revenue stages and deeply unprofitable.

Still Not Profitable, But Market Cap Hits $7 Billion

At the time of writing, QuantumScape’s market capitalization stands at $7.043 billion, placing it firmly in mid-cap territory despite lacking commercial products. Its EPS remains at -$0.91, and the company still has no price-to-earnings ratio, reflecting its pre-revenue status.

Nevertheless, hopes remain high for its future potential in the booming electric vehicle (EV) sector. If the solid-state technology can deliver on promises of faster charging, higher energy density, and better safety, QuantumScape could leapfrog incumbent lithium-ion battery makers and carve out a lucrative niche with automakers.

All Eyes on Earnings Call for Hints of Commercialization Timeline

With Q2 results due Wednesday after the bell, market participants are less focused on revenue numbers and more attuned to any updates regarding commercialization timelines, additional pilot-line progress, or expanded partnerships with auto manufacturers.

Traders will also be looking closely for signs that the Cobra separator process is translating into faster throughput or lower costs. Any such signals could reignite the rally and give further weight to the idea that QuantumScape is approaching a real inflection point.

But equally, another lackluster or overly vague earnings call could send the stock sliding again, especially after such an aggressive pre-earnings run.

Conclusion: Rally or Reset? The Stakes Are Rising

QuantumScape is riding a wave of momentum fueled by technical innovation and speculative belief. While today’s sharp rebound suggests dip buyers are still firmly in control, the upcoming Q2 earnings report may be the moment of truth.

Whether it extends the rally or triggers another sharp correction, one thing is certain: volatility is here to stay. For investors, this remains a high-risk, high-reward story — and the next chapter is about to be written.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

Related Articles

HFM

Doo Prime

XM

Best Forex Brokers