Evercore cuts QuantumScape stock target to USD 7.00

Published on 10/15/2026 at 20:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 21, 2026. QuantumScape stock costs EUR 3.71 on October 15, 2026, up 0.82 percent versus the Xetra close.

Dates and valuation

Evercore-ISI analyst Chris McNally cut the QuantumScape target to USD 7.00 on October 13, 2026.
QuantumScape is scheduled to report third-quarter 2026 results on October 21, 2026.
QuantumScape stock costs EUR 3.71 at Lang & Schwarz on October 15, 2026 at 8:04 p.m. CEST, 0.82 percent above the Xetra close of October 15, 2026.
QuantumScape had a market capitalization of USD 2.6 billion as of October 15, 2026.

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Evercore-ISI analyst Chris McNally cut his QuantumScape price target from USD 10.00 to USD 7.00 on October 13, 2026, while keeping an In-Line rating, according to Stock-World. Against the USD 4.17 primary-market price on October 15, 2026, the new target stands 67.87 percent higher. QuantumScape stock was trading at EUR 3.71 at Lang & Schwarz on October 15, 2026 at 8:04 p.m. CEST, 0.82 percent above the Xetra close of October 15, 2026 at EUR 3.68.

October 21 results date

QuantumScape has scheduled its third-quarter 2026 earnings call for October 21, 2026, at 2:00 p.m. Pacific time, according to the company's investor-relations event page. The company is developing solid-state lithium-metal batteries for electric vehicles and other energy-storage uses. Its second-quarter 2026 net loss was USD 98.24 million, while diluted earnings per share were minus USD 0.16.

Price sits below yearly high

The primary-market quote was USD 4.17 on October 15, 2026 at 2:09 p.m. ET. QuantumScape's 52-week range was USD 3.80 to USD 18.56, placing the stock 77.53 percent below its high and 9.74 percent above its low. Trading volume reached 10,428,576 shares against an average of 17,322,689.

The October 13 target reduction provides a valuation marker, but the next earnings date is the nearer scheduled event. The second-quarter loss also shows why the October 21 update matters for investors tracking the company's path from battery development toward commercial revenue.

Valuation and peer prices

QuantumScape's market capitalization was USD 2.6 billion on October 15, 2026. Its reported P/E was negative, so no positive-earnings comparison is appropriate. The company has no dividend yield in the quoted data.

Comparison with peers

QuantumScape: plus 0.82 percent, market capitalization USD 2.6 billion.

Solid Power (NASDAQ, USD): plus 1.20 percent, market capitalization USD 480.3 million.

SES AI (NASDAQ, USD): minus 10.09 percent, market capitalization USD 301.6 million.

Trading perspective

The euro quotation remains close to its lower end of the 52-week dollar range after the target revision. The October 21 report will provide the next dated operating checkpoint for QuantumScape.

The further course of trading is shown by the continuously updated real-time quote of QuantumScape stock.