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Is QuantumScape's Business Starting to Gain Serious Traction?
QuantumScape (NYSE: QS) has dramatically underperformed the market over the past year, with shares falling by more than 20%. However, while this remains a pre-revenue business several years after making its publicly traded debut, there are also some impressive signs of progress in the EV battery innovator.With that in mind, here's a look at the current state of QuantumScape's business, where it could be heading over the next couple of years, and whether the stock could be a smart buy today.Image source: Getty Images.Continue reading
QuantumScape (NYSE: QS) has dramatically underperformed the market over the past year, with shares falling by more than 20%. However, while this remains a pre-revenue business several years after making its publicly traded debut, there are also some impressive signs of progress in the EV battery innovator.
With that in mind, here's a look at the current state of QuantumScape's business, where it could be heading over the next couple of years, and whether the stock could be a smart buy today.
Image source: Getty Images.
