QS
QuantumScape Corporation Industrials - Batteries Investor Relations →
QuantumScape Corporation (QS) closed at $8.47 as of 2026-02-02, trading 8.1% above its 200-week moving average of $7.83. The stock is currently moving closer to the line, down from 12.3% last week. With a 14-week RSI of 10, QS is in oversold territory.
Over the past 237 weeks of data, QS has crossed below its 200-week moving average 3 times. On average, these episodes lasted 70 weeks. The average one-year return after crossing below was -64.9%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $5.1 billion, QS is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -38.7%. The stock trades at 4.2x book value.
Share count has increased 26.7% over three years, indicating dilution.
Over the past 4.7 years, a hypothetical investment of $100 in QS would have grown to $37, compared to $168 for the S&P 500. QS has returned -19.2% annualized vs 11.7% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: QS vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After QS Crosses Below the Line?
Across 3 historical episodes, buying QS when it crossed below its 200-week moving average produced an average return of -61.0% after 12 months (median -53.0%), compared to -7.0% for the S&P 500 over the same periods. After 24 months, the average return was -68.5% vs +5.5% for the index.
Each line shows $100 invested at the moment QS crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
QS has crossed below its 200-week MA 3 times with an average 1-year return of +-64.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2021 | Nov 2021 | 15 | 44.5% | -52.8% | -63.0% |
| Nov 2021 | Jul 2025 | 190 | 76.9% | -77.1% | -72.4% |
| Jul 2025 | Sep 2025 | 6 | 10.5% | N/A | +2.5% |
| Average | 70 | — | +-64.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02