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Is QuantumScape Stock a Buy Now?

TheMotleyFool 
0 0 21.02.25
Is QuantumScape Stock a Buy Now?Photo, wide shot, wide-angle lens, Coal mine, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/25526de2-54da-40ae-ba56-1e25dead3e81.png
 

QuantumScape (NYSE: QS), a developer of solid-state lithium metal batteries, posted its fourth-quarter report on Feb. 12. It didn't generate any revenue since it hasn't commercialized any of its batteries yet. Its net loss widened year over year, from $110 million to $115 million, or $0.22 per share, but still beat the consensus forecast by $0.01.

For the full year, QuantumScape's net loss widened from $430 million to $475 million. That situation might seem grim for a company with an enterprise value (EV) of $2.2 billion, but it also provided clearer updates for its commercialization efforts.

Should you buy QuantumScape's stock right now before it finally ships its first commercial batteries?

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Source Fool.com

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