QuantumScape Corporation (QS) has seen its stock price surge over 220% in the past month, despite reporting low revenues and significant losses. This follows the successful integration of its Cobra separator process into standard cell production, which enhances production efficiency for solid-state lithium metal batteries. QuantumScape aims to generate revenues through field tests in 2026 and partnerships, notably with Volkswagen’s PowerCo.
The company previously projected a battery market introduction by 2024, later revised to 2026, impacting investor sentiment. QuantumScape’s stock dropped from a high of $131.67 in December 2020 to a low of $3.40 in April 2025 before this recent rebound.
In comparison, NVIDIA Corporation (NVDA) reported $44.1 billion in revenues for Q1 fiscal year, marking a 69% year-over-year increase, mainly from its data center segment. The company’s market capitalization has surged to $4 trillion as it continues to lead in AI. NVIDIA posted a net income of $18.8 billion for the quarter, illustrating robust financial health despite U.S. export restrictions to China.
