Equity Profile

QS

QuantumScape Corporation

Consumer DiscretionaryAutomotive Parts & Equipment$4.7B

Jul22Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

QuantumScape Corporation (QS) is a company focused on developing solid-state battery technology for electric vehicles. As the automotive industry increasingly shifts towards electric vehicles, QuantumScape's innovations could play a significant role in enhancing battery performance and safety, making it a key player in the consumer discretionary sector.

Key Metrics to Watch

Battery Production Capacity

This metric indicates the company's ability to scale production and meet demand, which is crucial for growth.

N/A

Partnership Developments

Updates on partnerships with automotive manufacturers could signal future revenue opportunities and market acceptance.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

QS Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-3.08%

Avg Stock Reaction

-2.68%

Last Quarter Recap

In the last quarter, QuantumScape reported an EPS of -$0.16, slightly beating expectations. The stock reacted positively, gaining 4.73% the following day, indicating some investor optimism despite ongoing losses.

Management Promises & Guidance

Continued focus on scaling battery production.
Commitment to advancing solid-state battery technology.
Updates on strategic partnerships with automotive companies.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about QuantumScape's upcoming earnings, particularly regarding production capacity and partnership updates. However, the company has a history of mixed earnings surprises, which adds uncertainty.

Bull Case

If QuantumScape can demonstrate significant progress in battery production and secure more partnerships, it could lead to a strong upward momentum in the stock price.

Bear Case

Conversely, if the company fails to meet production targets or faces setbacks in its technology, it could lead to further declines in investor confidence and stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the current status of battery production capacity and how does it compare to previous targets?

This will be crucial for understanding the company's ability to meet demand and drive future revenue.

Are there any new partnerships or developments with automotive manufacturers?

New partnerships could significantly impact market perception and future sales potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for QuantumScape to secure new partnerships that could drive future growth, especially given the rising demand for electric vehicles.

Supporting Evidence

The options market is pricing in a 36% move, suggesting significant expectations that may not align with historical performance.

Recent positive reactions to minor earnings surprises indicate that even small wins could lead to larger stock movements.

Key Risk

If the company announces a significant new partnership, it could shift market sentiment dramatically.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching QuantumScape's ability to execute on its ambitious plans, and any signs of progress or setbacks will heavily influence stock performance.

Bull Confirmed If

Demonstrating battery production capacity that meets or exceeds previous targets.

Bear Confirmed If

Failure to provide updates on partnerships or production capacity, leading to investor skepticism.

Pre-Earnings Positioning

Options Market

Implied Move

±36.0%

Historical Avg

±4.9%

Pricing rich

The options market is pricing in a significant potential move, indicating heightened uncertainty or anticipation around the earnings report.

Options are pricing ±36.0% while QS has averaged ±4.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.0%

30d HV

69.5%

Calls (3.5M)P/C Ratio: 0.36Puts (581K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Discretionary

n=30

Fade rate: 8 of 21 (38%)

This setup has occurred 30 times across Consumer Discretionary in the last 2 years. 13 of 21 (62%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.9%, with a raw directional average of +2.2% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If QuantumScape beats expectations and raises guidance, history suggests the stock could see an average move of +2.1% on the first day.

In-Line / Cautious

If the results are in line but management's commentary is cautious, the stock may experience muted movement as investors digest the information.

Miss

Should the company miss expectations, history suggests a potential decline of around -3.02% on the first day.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on battery production capacity and any specific numbers.
2Details about new or ongoing partnerships with automotive manufacturers.
3Progress on research and development initiatives.
4Management's outlook on future demand for solid-state batteries.
5Any commentary on competitive positioning in the battery market.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Key Metrics to Watch

Battery Production Capacity

This metric indicates the company's ability to scale production and meet demand, which is crucial for growth.

N/A

Partnership Developments

Updates on partnerships with automotive manufacturers could signal future revenue opportunities and market acceptance.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

QS Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-3.08%

Avg Stock Reaction

-2.68%

Last Quarter Recap

Management Promises & Guidance

Continued focus on scaling battery production.
Commitment to advancing solid-state battery technology.
Updates on strategic partnerships with automotive companies.

Expectations

Wall Street Expectations

Bull Case

If QuantumScape can demonstrate significant progress in battery production and secure more partnerships, it could lead to a strong upward momentum in the stock price.

Bear Case

Conversely, if the company fails to meet production targets or faces setbacks in its technology, it could lead to further declines in investor confidence and stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the current status of battery production capacity and how does it compare to previous targets?

This will be crucial for understanding the company's ability to meet demand and drive future revenue.

Are there any new partnerships or developments with automotive manufacturers?

New partnerships could significantly impact market perception and future sales potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for QuantumScape to secure new partnerships that could drive future growth, especially given the rising demand for electric vehicles.

Supporting Evidence

The options market is pricing in a 36% move, suggesting significant expectations that may not align with historical performance.

Recent positive reactions to minor earnings surprises indicate that even small wins could lead to larger stock movements.

Key Risk

If the company announces a significant new partnership, it could shift market sentiment dramatically.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching QuantumScape's ability to execute on its ambitious plans, and any signs of progress or setbacks will heavily influence stock performance.

Bull Confirmed If

Demonstrating battery production capacity that meets or exceeds previous targets.

Bear Confirmed If

Failure to provide updates on partnerships or production capacity, leading to investor skepticism.

Pre-Earnings Positioning

Options Market

Implied Move

±36.0%

Historical Avg

±4.9%

Pricing rich

The options market is pricing in a significant potential move, indicating heightened uncertainty or anticipation around the earnings report.

Options are pricing ±36.0% while QS has averaged ±4.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.0%

30d HV

69.5%

Calls (3.5M)P/C Ratio: 0.36Puts (581K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Discretionary

n=30

Fade rate: 8 of 21 (38%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If QuantumScape beats expectations and raises guidance, history suggests the stock could see an average move of +2.1% on the first day.

In-Line / Cautious

If the results are in line but management's commentary is cautious, the stock may experience muted movement as investors digest the information.

Miss

Should the company miss expectations, history suggests a potential decline of around -3.02% on the first day.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on battery production capacity and any specific numbers.
2Details about new or ongoing partnerships with automotive manufacturers.
3Progress on research and development initiatives.
4Management's outlook on future demand for solid-state batteries.
5Any commentary on competitive positioning in the battery market.