<div id="readability-page-1"><p>QuantumScape Corporation (QS), the solid-state battery developer, will shift its stock listing from the NYSE to Nasdaq on December 23, 2025. The company will keep its QS ticker, and the last day of trading on the NYSE will be December 22.</p><h3>TipRanks Cyber Monday Sale</h3><ul><li> Claim 60% off TipRanks Premium  for data-backed insights and research tools you need to invest with confidence.  </li><li>  Subscribe to TipRanks' Smart Investor Picks  and see our data in action through our high-performing model portfolio - <u> now also 60% off </u></li></ul> <p>The move comes after a huge year for the stock, which is up 154% over the past 12 months.</p> <h2><strong>QS Joins Nasdaq to Sit Closer to Tech Peers</strong></h2> <div><p>QuantumScape said the shift will not disrupt trading. The company has cleared all listing rules and sees Nasdaq as a better home for a firm built around new battery tech.</p><p>CFO Kevin Hettrich said the team is &#34;proud to join Nasdaq,&#34; while Nasdaq leaders called QS a strong name in the push toward cleaner transport.</p></div> <h2><strong>QS Builds Next-Gen Batteries While Losses Narrow</strong></h2> <p>This update follows a mixed third quarter. QuantumScape reported a smaller-than-expected loss and stronger revenue. The company recorded its first-ever customer billings of $12.8 million and lowered its operating costs to $115 million. It also has about $1 billion in cash, giving it a nearly 26-month runway to continue development without immediate funding pressure.</p> <p>Meanwhile, the company has hit some key steps. It finished installing major tools for its QSE-5 cell line in San Jose. This &#34;Eagle Line&#34; is the base for higher-volume production and is central to its plan for 2025. These solid-state cells aim to store more energy, charge faster, and run safer than today's lithium-ion batteries.</p> <h2><strong>Analyst's Take on QuantumScape</strong></h2> <p>Recently, Evercore ISI analyst Chris McNally downgraded the stock to a Hold rating from Buy, citing its high valuation. Conversely, McNally raised his price target from $8 to $12, since he sees important uses for QS' technology in areas like humanoid robots, drones, and energy storage systems.</p> <p>Against this backdrop, the big jump to Nasdaq, steady progress in the lab, and a strong stock run show that QuantumScape is still moving ahead with purpose. For now, investors will watch one key thing: how fast the company can turn early tech wins into real, high-volume battery output. </p> <h2><strong>Is QS Stock a Buy, Hold, or Sell?</strong></h2> <p>Analysts prefer to remain sidelined on QuantumScape stock currently. On TipRanks, QS stock has a Hold consensus rating based on six Holds and two Sell ratings. The average QuantumScape price target of $11.29 implies 11.45% downside potential from current levels.</p></div>

<p>QuantumScape (QS) Is Jumping to Nasdaq — and Investors Are Watching What Comes Next</p>