QuantumScape (QS) Stock Pops 8% After Earnings as AI Data Center Plan Emerges
Photo: CoinCentral
TLDR QuantumScape (QS) stock rose about 8% overnight and trades near $3.98, but is still down 14% this month. Q3 loss was $0.14 per share, better than the $0.17 analysts expected. Billings hit $9.8 million, including the first Honda billings. The company plans a 100-MWh line with Muehlbauer for AI data centers, with production targeted for 2028. Analysts rate QS a Hold, with an average price target of $6.83. QuantumScape (QS) stock rose about 8% overnight after the company posted a smaller third-quarter loss and unveiled a new production line plan.
Source: CoinCentral
