Should You Buy QuantumScape While It's Below $9?
2026-02-22 18:25:00 ET
It has been a tough backdrop for electric vehicles and related stocks. One stock that has had an up-and-down year is battery manufacturer QuantumScape (NASDAQ: QS) . The company had a pretty solid year last year, making strides in its battery technology.
The stock reached $19 per share last October, but today it is 63% below its 52-week high. With shares trading under $9 a share, is QuantumScape stock a buy? Let's dive into the business and its progress to find out.
Last year was a productive one for QuantumScape, as the company made significant progress with its battery technology . One of its top achievements was the integration of what it calls the Cobra separator process into baseline cell production in the second quarter. This manufacturing process achieved a 25x improvement in heat-treatment speed (compared to its previous Raptor process) and requires significantly less floor space, bringing it one step closer to mass-producing its batteries.
NASDAQ: QS
QS Trading
-21.91% G/L:
$11.705 Last:
8,158,741 Volume:
$11.59 Open:
