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QS · NASDAQ · STOCK

QuantumScape (QS) Stock Analysis

Consumer Cyclical Updated September 06, 2026
$5.49
52W $4.77 – $19.07
57/100
$3.37B
-8.2
2.69
AI Committee Verdict
Watch
57/100
Conviction: High · 83% agreement · 6 analysts
+75.3%
-13.0%
5.78:1
High

Is QS Bullish or Bearish?

Mixed. Innellis AI committee rates QuantumScape Corporation (QS) Watch with a composite score of 57/100 , based on 6 analysts with 83% agreement. Last updated September 06, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +2.57 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -17.43 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

Some positive signals exist — vix regime is low -- calm backdrop supports risk-taking — but they are not yet strong enough to justify a Buy. The committee is monitoring for confirmation.

Bull & Bear Case

Bull Case
  • 4 consecutive earnings beats -- consistent execution — Growth
  • Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement — Technical
  • Low leverage (debt-to-equity 0.03) -- balance sheet can absorb a shock — Risk
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
Bear Case
  • Price-to-book of 5.4x prices in significant intangible value — Value
  • ROE of only -35.7% -- cheap may mean cheap for a reason — Value
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
  • Price structure making lower highs and lower lows — Technical
  • MACD histogram negative -- bearish momentum — Technical
  • Trend and market structure agree -- coherent bearish picture — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of September 06, 2026
Overall Committee Score
57/100
Agreement
83%
Analysts
6
Conviction
High
Sector Rank
Top 59%
of 178 Consumer Cyclical peers
Value Analyst neutral
43 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
− Price-to-book of 5.4x prices in significant intangible value
Growth Analyst neutral
58 / 100 · Moderate confidence
Moderate growth -- present but not remarkable
+ 4 consecutive earnings beats -- consistent execution
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst neutral
49 / 100 · High confidence
Mixed or range-bound price action
+ Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement
− Price structure making lower highs and lower lows
Risk Analyst neutral
58 / 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.03) -- balance sheet can absorb a shock
− Bollinger bandwidth of 20.5% signals elevated volatility
Macro Analyst bullish
80 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst neutral
58 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2704.43)
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Investment Thesis Evolution

Committee score moved marginally from 57.4 to 57.4.

Comparing 2026-09-05 to 2026-09-06 (1 day apart).

Technical Analysis

RSI (14)
38.7
Neutral
MACD Histogram
-0.024
Bearish Momentum
Trend Direction
Downtrend
Weekly: Downtrend
Market Structure
Lh Ll
Support
$4.78
Resistance
$9.62
Bollinger %B
0.20
Inside Bands
Price vs Moving Averages
EMA 9
$5.59 Below
EMA 21
$5.72 Below
EMA 50
$6.08 Below
EMA 200
$7.46 Below

Fundamental Analysis

Valuation
91
Growth
64
Profitability
0
Financial Health
100
Cash Flow
15
Valuation
P/E Ratio -8.2×
P/B Ratio 3.21×
PEG Ratio -0.29
Dividend Yield 0.00%
52W High $19.07
52W Low $4.77
Quality & Growth
ROE -3721.6%
ROA -3325.7%
Gross Margin 0.0%
Operating Margin 0.0%
Revenue Growth YoY
Debt / Equity 0.06
AI Fundamental Assessment
P/E ratio of -8.2 (inexpensive relative to a 15-40x range); Price-to-book of 3.2x; PEG ratio of -0.3 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -37.2%; Return on assets of -33.3%; Net margin of 0.0%; Gross margin of 0.0%; Current ratio of 18.42 (healthy short-term liquidity); Debt-to-equity of 0.06; Free cash flow per share is negative (-0.44); Most recent quarter beat estimates by 13.7%; 4 consecutive earnings beats; EPS growth decelerating (+5.9% -> +0.0% QoQ); Analyst estimates falling over recent quarters
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