Quantumscape stock forecast delivering higher energy density

Delivering higher energy density batteries could justify valuation spikes similar to early Tesla scaling phases. The second wave of momentum arrived on July 8, when QuantumScape disclosed the termination of its San Jose facility lease. The move is expected to save approximately $18.7 million in future obligations, reinforcing the company’s shift toward a leaner, more IP-centric business model. Following the announcement, shares rose 17%, with the stock sustaining its upward trajectory since then. Management also reiterated its healthy cash situation, ending Q1 with $860 million in liquidity and once again stating that its cash runway extends well into the second half of 2028. The roadmap includes scaling up customer sample shipments, expanding collaboration agreements with suppliers like Murata Manufacturing (MRAAY), as well as field testing of QSE-5 modules in 2026, all notable milestones as QuantumScape works toward proving its solid-state platform at commercial scale.