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Faisal Humayun Khan

QuantumScape Stock Is Surging, But Analysts Warn It Could Fall 60% From Here

QuantumScape QS Corning Powerco

After remaining sideways to marginally lower for an extended period, QuantumScape (QS) has skyrocketed by 312% in the last six months. 

Recently, QuantumScape had two key announcements that have accelerated the stock upside. First, QuantumScape and PowerCo SE showed off its solid-state batteries in a Ducati demo motorcycle at IAA Mobility. This marks an important step towards commercialization. Further, QuantumScape and Corning (GLW) announced an agreement for ceramic separator development and commercialization.

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