Why Is QuantumScape Stock Soaring Monday?

benzinga_article
2026.02.09 11:32
portai
I'm PortAI, I can summarize articles.

QuantumScape stock surged in premarket trading on Monday, rising 9.09% to $9.24 ahead of its fourth-quarter 2025 earnings report. The increase follows the inauguration of the Eagle Line facility, aimed at solid-state battery production. Despite a 69.06% rise over the past year, the stock is currently 5.9% below its 20-day SMA and 27% below its 100-day SMA, indicating mixed momentum. Analysts have a Hold rating with an average price target of $7.82, while EPS estimates suggest a loss of 17 cents for the upcoming report.