QuantumScape’s stock is still on a tear, but buyer beware, analyst says - MarketWatch
1. QuantumScape's stock surged by 32.2% due to a new manufacturing process. 2. The Cobra process improves production of ceramic separators for batteries significantly. 3. Despite stock gains, Baird Equity cautions about pre-revenue status and production risks. 4. Volkswagen retains a significant stake and partnership, impacting QuantumScape's prospects. 5. Analysts remain divided; average price target suggests potential downside from current levels.