Solid-state batteries could find buyers far beyond electric vehicles. The opportunity is promising, yet the financial and manufacturing hurdles tell a more complicated story.
QS QuantumScape Corporation Class A Common Stock
XNAS
4.54
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
QS
$4.54
—
Key stats
$4.54
- 52-Week Range
- $3.80 – $17.58
- YTD
- -58.95%
- IV Rank (30D)
- 27.22
- Straddle Price
- $0.78
- P/C Vol Ratio
- 0.19
- Market Cap
- $2.6B
- Open
- $4.43
- Day Range
- $4.30 – $4.59
- Volume
- 10,259,631
- Prev Close
- $4.28
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.90% |
| Beta vs SPY | 1.87 |
| Cost of Equity (CAPM) | 15.21% (VRP-adj) |
| WACC | 15.24% |
| Volatility Risk Premium | +216.8pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +3.0% |
| DCF Horizon | 5 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.03 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $-0.3B |
| Return on Equity (TTM) | -38.5% |
| Book / Price | 37.5% — banking bias active (P/B is primary) |
| Debt / Equity | 0.03 |
| Quality Score | 1/6 — cyclical/struggling (5y DCF) |
| SMA 50 | $4.65 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $4.11 |
| Bollinger Width / SMA20 | 13.5% (drives anchor stability) |
| Net Debt | $-0.1B |
| Market Cap | $3B |
Peers used for multiples: ATKR, ENS, ENVX, FLNC, NOVT, SPB
(SIC-code peers; ETF co-membership was sector-incoherent)
60-Day Conviction
77%
20-Day Fair Value
≈ by Dec 8, 2026
$4.58
α +1.0%
rank 54%
conviction
65%
40-Day Fair Value
≈ by Jan 6, 2027
$4.64
α +2.2%
rank 57%
conviction
68%
60-Day Fair Value
≈ by Feb 4, 2027
$4.70
α +3.6%
rank 58%
conviction
77%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | median 25.7× · 3 peers |
| Peer EV/EBITDA | n/a | 0% | median 11.1× · 4 peers |
| Peer P/B | $4.03 | 19% | median 2.5× · 6 peers |
| Peer P/S | n/a | 0% | median 1.2× · 6 peers |
| Market Anchor (SMA50) | $4.65 | 81% | stability 82% (BB-width) |
| Options Expected (B-L 30d) | $3.94 | 0% | 8 strikes · skew +0.91 |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES (3690) · industry map
- Exchange
- XNAS
- Market Cap
- $2.6B
- Employees
- 700
- List Date
- 2020-11-27
- CIK
- 0001811414
- Last Earnings
- Oct 21 after close · +4.3% vs ±10.8% expected
- Next Earnings
- ~Feb 10, 2027 (estimated)
- Headquarters
- San Jose, CA
- Homepage
- https://www.quantumscape.com
QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles and other applications. The company's solid-state lithium-metal battery technology is designed to offer greater energy density, faster charging, and enhanced safety. Its battery cells have none of the host materials used in conventional nodes. The company operates in one operating segment only.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -12.43% | -28.12% | 57.59% | 1.64% | -6.68% | -19.98% | -1.33% |
| Feb | 29.77% | -7.98% | 9.50% | -10.04% | -5.63% | -20.28% | -0.78% |
| Mar | -22.43% | 22.11% | -7.15% | 0.80% | -2.35% | -7.40% | -2.74% |
| Apr | -25.88% | -26.22% | -12.72% | -11.58% | -4.17% | 17.39% | -10.53% |
| May | -26.57% | -19.66% | -0.46% | 9.24% | 2.04% | 23.69% | -1.95% |
| Jun | 10.58% | -28.36% | 22.17% | -14.88% | 70.99% | -17.29% | 7.20% |
| Jul | -17.23% | 24.80% | 61.53% | 32.65% | 35.22% | -31.36% | 17.60% |
| Aug | -4.68% | 5.75% | -42.97% | -4.60% | -4.00% | 4.68% | -7.64% |
| Sep | 10.54% | -19.98% | -5.51% | 4.17% | 59.38% | -15.08% | 5.59% |
| Oct | 18.07% | -8.36% | -19.44% | -4.10% | 26.39% | -11.55% | 0.17% |
| Nov | -3.12% | -9.54% | 24.56% | 2.15% | -24.61% | 12.81%* | 0.38% |
| Dec | -18.75% | -23.79% | 1.76% | -0.19% | -11.17% | -- | -10.43% |
| Total | -57.00% | -77.12% | 51.15% | -2.33% | 151.80% | -56.81% | 1.62% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $4.12
SMA 50: $4.63
SMA 200: $6.46
Current: $4.55
EMA 12: $4.24
EMA 26: $4.32
MACD: -0.0832 | Signal: 0.0815
BEARISH
ADX (14): 15.86
RANGE
+DI: 30.24
−DI: 23.12
Momentum Oscillators
RSI (14): 55.42
NEUTRAL
Stoch %K: 67.83
Stoch %D: 64.01
Williams %R: -5.21
Volume & Volatility
BB Upper: $4.45
BB Lower: $3.79
OVERBOUGHT
OBV: 334,373,349
Vol SMA 20: 14,750,524
Vol ROC: -25.26%
ATR: $0.28
True Range: $0.31
HV 20: 72.6%
HV 30: 63.5%
HV 60: 56.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-08T00:00:00 – 2026-11-06T00:00:00
AI Analysis
Written before QS’s Oct 21 earnings report, so it doesn’t reflect the results.
LLM Stock Analysis Report: QS
Executive Summary
Overall Assessment: BEARISH (Confidence Level: 7/10)
Key Drivers:
- Bearish technical signals from MACD and RSI
- High volatility and beta, indicating increased risk
- Recent negative news headlines
Primary Risks:
- Technical breakdown below SMA 20 and EMA 12
- Increased volatility and potential for further price decline
- Risk of a sharp sell-off due to bearish sentiment
Investment Thesis: QS is poised for a short-term decline due to bearish technical signals and recent negative news. However, the stock's high volatility and beta provide opportunities for aggressive traders.
Recent News Sentiment Impact: The recent negative headlines have contributed to the bearish sentiment and increased risk perception.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Bearish
- Medium-term (1-3 months): Neutral
- Long-term (3-12 months): Bullish
Support/Resistance Levels:
- SMA 20: $5.65
- EMA 12: $5.95
- Upper Bollinger Band: $6.60
Momentum Signals:
- RSI (14): 44.38 (neutral)
- MACD: -0.07 / Signal: 0.11 / Histogram: -0.17 (bearish)
Volume Analysis:
- Volume SMA 20: 23447158.64
- On-Balance Volume (OBV): 337773126.55
- Volume Rate of Change: 2.14%
News & Sentiment Analysis
Recent Headlines Summary: The recent news headlines are mostly negative, with mentions of the stock's decline and concerns about the company's performance.
Sentiment Assessment: Aggregate news sentiment is NEGATIVE (70% bearish, 30% neutral).
Catalyst Identification: No significant catalysts identified in the recent news headlines.
Market Narrative: The recent negative news has led to a bearish market narrative, which may continue to weigh on the stock's price.
Risk & Volatility Assessment
Beta Interpretation: Beta is high (3.32), indicating increased risk relative to the broader market.
Volatility Regime: Current volatility level is HIGH, with an IV rank of 7.1% and a current IV of 105.3%.
Options Market Signals: IV premium vs HV30 is positive (39.7%), indicating that options traders are pricing in a more volatile move than historical data suggests.
Market Context & Positioning
Sector Performance: QS is underperforming the broader market, with a negative correlation coefficient.
Institutional Activity: Institutional interest is low, with only 1,023 calls and 2,187 puts traded in the past week.
Correlation Analysis: The stock has a moderate positive correlation (0.50) with the SPY ETF.
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $5.65
- EMA 12: $5.95
Breakout/Breakdown Levels:
- Upper Bollinger Band: $6.60 (resistance)
Time-Sensitive Catalysts: No significant catalysts identified.
Risk Management: Stop-loss levels should be set below SMA 20, and position sizing should be adjusted based on volatility expectations.
I hope this analysis meets your requirements. Please let me know if you have any further questions or if you'd like me to elaborate on any of the points!
Generated
News
All QS news →
The company is developing solid-state battery technology.
A perceived lack of progress towards commercialization is holding investors back.
This solid-state battery stock reported quarterly earnings yesterday. What's powering the bulls' enthusiasm?
Management's licensing strategy for autos contrasts sharply with direct manufacturing for data centers, signaling a bifurcated path to profitability.
Solid-state battery maker launches 100 MWh mass production line targeting 2028.
Showing 1–10 of 14
Page 1 of 2
Earnings History
19 of 24 under expected move
Avg Expected Move
12.88%
Avg Actual Move
8.43%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-16 | After-Close | 13.82% | 31.36% | 2.27x | Exceeded |
| 2021-04-29 | After-Close | 3.80% | 0.95% | 0.25x | Within |
| 2021-07-27 | After-Close | 11.54% | 13.03% | 1.13x | Exceeded |
| 2021-10-26 | After-Close | 11.31% | 8.54% | 0.76x | Within |
| 2022-02-16 | After-Close | 12.30% | 4.89% | 0.40x | Within |
| 2022-04-26 | After-Close | 14.67% | 2.85% | 0.19x | Within |
| 2022-07-27 | After-Close | 9.96% | 1.34% | 0.13x | Within |
| 2022-10-26 | After-Close | 10.93% | 6.90% | 0.63x | Within |
| 2023-02-15 | After-Close | 25.34% | 17.15% | 0.68x | Within |
| 2023-04-26 | After-Close | 13.36% | 0.55% | 0.04x | Within |
| 2023-07-26 | After-Close | 13.13% | 14.30% | 1.09x | Exceeded |
| 2023-10-25 | After-Close | 13.19% | 6.95% | 0.53x | Within |
| 2024-02-14 | After-Close | 14.34% | 5.87% | 0.41x | Within |
| 2024-04-24 | After-Close | 11.86% | 6.93% | 0.58x | Within |
| 2024-07-24 | After-Close | 12.20% | 7.77% | 0.64x | Within |
| 2024-10-23 | After-Close | 12.26% | 25.48% | 2.08x | Exceeded |
| 2025-02-12 | After-Close | 14.91% | 7.04% | 0.47x | Within |
| 2025-04-23 | After-Close | 11.68% | 0.50% | 0.04x | Within |
| 2025-07-23 | After-Close | 15.00% | 1.56% | 0.10x | Within |
| 2025-10-22 | After-Close | 13.66% | 7.95% | 0.58x | Within |
| 2026-02-11 | After-Close | 12.02% | 11.96% | 1.00x | Within |
| 2026-04-22 | After-Close | 14.36% | 1.37% | 0.10x | Within |
| 2026-07-22 | After-Close | 12.69% | 12.86% | 1.01x | Exceeded |
| 2026-10-21 | After-Close | 10.80% | 4.27% | 0.40x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
QS Options Activity & IV Rank
QS IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 72.9%
7-DTE IV: 82.7%
Expected Move: $0.78
7-DTE Move: $0.35
Days to Exp: 32 (2026-12-11)
Options Flow · All expiries
Call Volume: 23,307
Put Volume: 4,385
P/C Volume: 0.188
BULLISH
Call OI: 574,472
Put OI: 133,271
P/C OI: 0.232
Total OI: 707,743
ATM Options Pricing
ATM Call: $0.43
ATM Put: $0.35
Call %: 9.5%
Put %: 7.7%
Chain Summary
Chain Volume: 27,692
Chain OI: 707,743
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 61st percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
61%
vs own history
GEX tilt
+0.31
OI-weighted, today
Vanna tilt
-0.04
δ-sensitivity to IV
Charm tilt
-0.04
δ-decay vs time
? What is this?
· 40 ATM contracts, 149k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM 78.0% / Wing —
30 DTE / 10d
19%
-0.9
pts
EXTREME
ATM 73.0% / Wing 72.1%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)37.5MediumNov 9
IV Rank (30 DTE)27.2MediumNov 9
Straddle Price (30 DTE)$0.78Nov 9
Beta Analysis
Risk Metrics
Beta: 2.8414
Alpha: -143.31%
Correlation: 0.5867
R-Squared: 34.4%
Stock Volatility: 66.6%
Market Volatility: 13.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
QS Institutional Ownership (13F)
Filings for 2026-06-30 · 203 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 613,503,750 (as of 2026-09-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
22 filers$115.80M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $56.22M | 48.55% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $29.18M | 25.20% | 2026-06-30 |
| 3 | UBS Group AG Custodian | $9.74M | 8.41% | 2026-06-30 |
| 4 | Jane Street Group, LLC Custodian | $6.34M | 5.47% | 2026-06-30 |
| 5 | TUDOR INVESTMENT CORP ET AL | $2.45M | 2.12% | 2026-06-30 |
| 6 | NOMURA HOLDINGS INC | $2.41M | 2.08% | 2026-06-30 |
| 7 | D. E. Shaw & Co., Inc. Custodian | $2.39M | 2.07% | 2026-06-30 |
| 8 | Point72 Asset Management, L.P. | $1.75M | 1.51% | 2026-06-30 |
| 9 | CAPITAL FUND MANAGEMENT S.A. | $1.26M | 1.09% | 2026-06-30 |
| 10 | Walleye Capital LLC | $1.22M | 1.05% | 2026-06-30 |
| 11 | Walleye Trading LLC | $1.05M | 0.91% | 2026-06-30 |
| 12 | Millennium Management LLC Custodian | $883.01K | 0.76% | 2026-06-30 |
| 13 | Savvy Advisors, Inc. | $529.20K | 0.46% | 2026-06-30 |
| 14 | PEAK6 LLC | $120.96K | 0.10% | 2026-06-30 |
| 15 | Vontobel Holding Ltd. | $116.12K | 0.10% | 2026-09-30 |
| 16 | Alphadyne Asset Management LP | $96.77K | 0.08% | 2026-06-30 |
| 17 | Raiffeisen Bank International AG | $31.00K | 0.03% | 2026-09-30 |
| 18 | 180 WEALTH ADVISORS, LLC | $4.64K | <0.01% | 2026-09-30 |
| 19 | Unique Wealth Strategies, LLC | $1.80K | <0.01% | 2026-09-30 |
| 20 | Cetera Investment Advisers Custodian | $1.45K | <0.01% | 2026-06-30 |
| 21 | Cordgrass Capital Advisors, LLC | $464 | <0.01% | 2026-09-30 |
| 22 | Creative Planning Custodian | $228 | <0.01% | 2026-09-30 |
14 filers$89.28M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $31.49M | 35.27% | 2026-06-30 |
| 2 | Goldman Sachs Group Inc Custodian | $20.72M | 23.21% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $19.90M | 22.30% | 2026-06-30 |
| 4 | Jane Street Group, LLC Custodian | $7.23M | 8.10% | 2026-06-30 |
| 5 | Walleye Trading LLC | $3.47M | 3.89% | 2026-06-30 |
| 6 | Millennium Management LLC Custodian | $2.27M | 2.54% | 2026-06-30 |
| 7 | Walleye Capital LLC | $1.27M | 1.42% | 2026-06-30 |
| 8 | Crawford Fund Management, LLC | $1.24M | 1.39% | 2026-06-30 |
| 9 | Carlson Capital, L.P. | $378.00K | 0.42% | 2026-06-30 |
| 10 | CAPITAL FUND MANAGEMENT S.A. | $340.20K | 0.38% | 2026-06-30 |
| 11 | CSS LLC/IL | $302.40K | 0.34% | 2026-06-30 |
| 12 | Alphadyne Asset Management LP | $248.72K | 0.28% | 2026-06-30 |
| 13 | SIG BROKERAGE, LP | $226.80K | 0.25% | 2026-06-30 |
| 14 | CREDIT INDUSTRIEL ET COMMERCIAL | $189.00K | 0.21% | 2026-06-30 |
QS Insider Trading (Form 4)
Latest: 2026-11-06Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-11-06 | Kevin Hettrich | CHIEF FINANCIAL OFFICER | Award (A) | +478,468 | — | EDGAR | |
| 2026-11-06 | Mohit Singh | CHIEF DEVELOPMENT OFFICER | Award (A) | +478,468 | — | EDGAR | |
| 2026-11-06 | Luca Giovanni Fasoli | Chief Operating Officer | Award (A) | +598,086 | — | EDGAR | |
| 2026-11-06 | Michael O McCarthy III | CHIEF LEGAL OFFICER | Award (A) | +598,086 | — | EDGAR | |
| 2026-10-07 | Timothy Holme | CHIEF TECHNOLOGY OFFICER | Mixed Conv +59,186 · Sell −120,000 |
−60,814 | $4.54 | -$544.8K | EDGAR |
| 2026-09-17 | Timothy Holme | CHIEF TECHNOLOGY OFFICER | Mixed Sell −120,000 · Conv +45,000 |
−75,000 | $5.09 | -$610.5K | EDGAR |
| 2026-08-25 | Timothy Holme | CHIEF TECHNOLOGY OFFICER | Mixed Conv +12,723 · Sell −12,723 |
— | $6.01 | -$76.5K | EDGAR |
| 2026-08-20 | Mohit Singh | CHIEF DEVELOPMENT OFFICER | Tax (F) | −34,304 | $5.74 | -$197.1K | EDGAR |
| 2026-08-20 | Michael O McCarthy III | CHIEF LEGAL OFFICER | Tax (F) | −25,709 | $5.74 | -$147.7K | EDGAR |
| 2026-08-20 | Srinivasan Sivaram | CHIEF EXECUTIVE OFFICER | Tax (F) | −81,752 | $5.74 | -$469.6K | EDGAR |
| 2026-08-20 | Timothy Holme | CHIEF TECHNOLOGY OFFICER | Mixed Conv +21,531 · Sell −41,876 · Tax −34,086 |
−54,431 | $5.75 | -$436.9K | EDGAR |
| 2026-08-20 | Luca Giovanni Fasoli | Chief Operating Officer | Tax (F) | −32,255 | $5.74 | -$185.3K | EDGAR |
| 2026-08-20 | Kevin Hettrich | CHIEF FINANCIAL OFFICER | Tax (F) | −31,095 | $5.74 | -$178.6K | EDGAR |
| 2026-07-07 | Kevin Hettrich | CHIEF FINANCIAL OFFICER | Sell (S) | −9,800 | $7.28 | -$71.4K | EDGAR |
| 2026-07-07 | Timothy Holme | CHIEF TECHNOLOGY OFFICER | Mixed Conv +137,245 · Sell −137,245 |
— | $7.28 | -$999.6K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
QS Insider Holdings
17 insiders · @ $4.55
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Dipender Saluja | Director | 10,289,352 | $46.82M | -$41.13M | 9 | 2026-06-05 |
| 2 | Jagdeep Singh | Director | 8,164,625 | $37.15M | -$20.55M | 28 | 2024-12-10 |
| 3 | Srinivasan Sivaram | CHIEF EXECUTIVE OFFICER | 5,438,264 | $24.74M | -$2.03M | 23 | 2026-08-20 |
| 4 | Luca Giovanni Fasoli | Chief Operating Officer | 2,505,174 | $11.40M | $0 | 7 | 2026-11-06 |
| 5 | Michael O McCarthy III | CHIEF LEGAL OFFICER | 2,263,748 | $10.30M | -$41.69M | 58 | 2026-11-06 |
| 6 | Kevin Hettrich | CHIEF FINANCIAL OFFICER | 2,263,630 | $10.30M | -$15.30M | 69 | 2026-11-06 |
| 7 | Mohit Singh | CHIEF DEVELOPMENT OFFICER | 2,215,618 | $10.08M | -$56.99M | 70 | 2026-11-06 |
| 8 | Timothy Holme | CHIEF TECHNOLOGY OFFICER | 1,522,261 | $6.93M | -$63.12M | 55 | 2026-10-07 |
| 9 | Brad W Buss | Director | 396,379 | $1.80M | -$11.69M | 8 | 2026-06-05 |
| 10 | Jurgen Leohold | Director | 184,630 | $840.0K | -$3.16M | 13 | 2025-06-06 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
QS Board & Officers
As of SEC filings through Nov 6, 2026Directors 11
- Brad W Buss · since Nov 25, 2020
- Dipender Saluja · since Nov 25, 2020
- Jeffrey B Straubel · since Nov 25, 2020
- Jeneanne Michelle Hanley · since Dec 30, 2021
- Gena C Lovett · since Jan 14, 2022
- Srinivasan Sivaram · listed since Feb 2024
- Sebastian Schebera · since Jun 11, 2024
- Dennis Segers · since Oct 17, 2024
- Guenther Mendl · since Oct 17, 2024
- Geoffrey G Ribar · since Jan 29, 2026
- Ross Niebergall · since Mar 4, 2026
Officers 6
- Srinivasan Sivaram · Chief Executive Officer · listed since Feb 2024
- Kevin Hettrich · Chief Financial Officer · since Nov 25, 2020
- Luca Giovanni Fasoli · Chief Operating Officer · since May 7, 2025
- Michael O McCarthy III · Chief Legal Officer · since Nov 25, 2020
- Mohit Singh · Chief Development Officer · since Nov 25, 2020
- Timothy Holme · Chief Technology Officer · since Nov 25, 2020
Changes in the last 10 years (66)
| Mar 4, 2026 | Ross Niebergall became a director |
| Feb 4, 2026 | The company announced the departure of Fritz Prinz from the board in an SEC filing |
| Jan 29, 2026 | Geoffrey G Ribar became a director |
| Jun 6, 2025 | Jurgen Leohold reported in an SEC filing no longer being a director |
| May 7, 2025 | Luca Giovanni Fasoli became Chief Operating Officer |
| Oct 17, 2024 | The company announced the departure of Jagdeep Singh from the board in an SEC filing |
| Oct 17, 2024 | Guenther Mendl became a director |
| Oct 17, 2024 | Dennis Segers became a director |
| Jun 11, 2024 | Sebastian Schebera became a director |
| Feb 20, 2024 | Srinivasan Sivaram listed as Chief Executive Officer (previously President) in SEC filings |
| Feb 20, 2024 | Srinivasan Sivaram first listed as a director in an SEC filing |
| Feb 8, 2024 | The company announced the departure of Jagdeep Singh as Chief Executive Officer in an SEC filing |
| Dec 26, 2023 | Jagdeep Singh no longer listed as a 10% owner in SEC filings |
| Sep 11, 2023 | Srinivasan Sivaram became President |
| Feb 17, 2023 | Jagdeep Singh first listed as a 10% owner in an SEC filing |
| Apr 17, 2022 | The company announced the departure of Justin E Mirro from the board in an SEC filing |
| Feb 22, 2022 | Celina Mikolajczak listed as Chief Manufacturing Officer (previously VP Manufacturing Engineering) in SEC filings |
| Feb 9, 2022 | The company announced the departure of L John Doerr from the board in an SEC filing |
| Feb 9, 2022 | Susan Huppertz became a director |
| Jan 14, 2022 | Gena C Lovett became a director |
| Dec 30, 2021 | Jeneanne Michelle Hanley became a director |
| Dec 6, 2021 | Vinod Khosla reported in an SEC filing no longer being a 10% owner |
| Dec 6, 2021 | VK Services, LLC reported in an SEC filing no longer being a 10% owner |
| Dec 6, 2021 | Khosla Ventures III, L.P. reported in an SEC filing no longer being a 10% owner |
| Dec 6, 2021 | Khosla Ventures Associates III, LLC reported in an SEC filing no longer being a 10% owner |
| Oct 12, 2021 | Celina Mikolajczak no longer listed as a director in SEC filings |
| Oct 12, 2021 | Celina Mikolajczak first listed as VP Manufacturing Engineering in an SEC filing |
| Apr 13, 2021 | Celina Mikolajczak became a director |
| Mar 18, 2021 | Howard Lukens reported in an SEC filing no longer being Chief Sales Officer |
| Jan 13, 2021 | Jens Wiese became a director |
| Nov 30, 2020 | Justin E Mirro no longer listed as a 10% owner in SEC filings |
| Nov 30, 2020 | Justin E Mirro no longer listed as Chairman and Chief Executive Officer in SEC filings |
| Nov 27, 2020 | Vinod Khosla became a 10% owner |
| Nov 27, 2020 | VK Services, LLC became a 10% owner |
| Nov 27, 2020 | Khosla Ventures III, L.P. became a 10% owner |
| Nov 27, 2020 | Khosla Ventures Associates III, LLC became a 10% owner |
| Nov 25, 2020 | Volkswagen Group of America, Inc. became a 10% owner |
| Nov 25, 2020 | Volkswagen Group of America Investments, LLC became a 10% owner |
| Nov 25, 2020 | Volkswagen Ag became a 10% owner |
| Nov 25, 2020 | Timothy Holme became Chief Technology Officer |
| Nov 25, 2020 | Mohit Singh became Chief Development Officer |
| Nov 25, 2020 | Michael O McCarthy III became Chief Legal Officer |
| Nov 25, 2020 | L John Doerr became a director |
| Nov 25, 2020 | Kevin Hettrich became Chief Financial Officer |
| Nov 25, 2020 | Jurgen Leohold became a director |
| Nov 25, 2020 | Jeffrey B Straubel became a director |
| Nov 25, 2020 | Jagdeep Singh became a director |
| Nov 25, 2020 | Jagdeep Singh became Chief Executive Officer |
| Nov 25, 2020 | Howard Lukens became Chief Sales Officer |
| Nov 25, 2020 | Fritz Prinz became a director |
| Nov 25, 2020 | Frank Blome became a director |
| Nov 25, 2020 | Dipender Saluja became a director |
| Nov 25, 2020 | Brad W Buss became a director |
| Jun 25, 2020 | Thomas William LaSorda became a director |
| Jun 25, 2020 | Simon Boag became Chief Technology Officer |
| Jun 25, 2020 | Robert J Remenar became a director |
| Jun 25, 2020 | Robert J Remenar became Vice Chairman and President |
| Jun 25, 2020 | Mitchell I Quain became a director |
| Jun 25, 2020 | Matthew Simoncini became a director |
| Jun 25, 2020 | Kensington Sponsor LLC became a 10% owner |
| Jun 25, 2020 | Justin E Mirro became a director |
| Jun 25, 2020 | Justin E Mirro became a 10% owner |
| Jun 25, 2020 | Justin E Mirro became Chairman and Chief Executive Officer |
| Jun 25, 2020 | Donald L Runkle became a director |
| Jun 25, 2020 | Daniel Elliot Huber became Chief Financial Officer |
| Jun 25, 2020 | Anders Pettersson became a director |
Not reported recently (16)
- Susan Huppertz · Last reported as a director in an SEC filing dated Jun 12, 2024
- Frank Blome · Last reported as a director in an SEC filing dated Jun 11, 2024
- Jens Wiese · Last reported as a director in an SEC filing dated Jun 7, 2023
- Celina Mikolajczak · Last reported as Chief Manufacturing Officer in an SEC filing dated Mar 7, 2022
- Volkswagen Group of America Investments, LLC · Last reported as a 10% owner in an SEC filing dated Apr 1, 2021
- Volkswagen Group of America, Inc. · Last reported as a 10% owner in an SEC filing dated Apr 1, 2021
- Volkswagen Ag · Last reported as a 10% owner in an SEC filing dated Apr 1, 2021
- Kensington Sponsor LLC · Last reported as a 10% owner in an SEC filing dated Jun 25, 2020
- Anders Pettersson · Last reported as a director in an SEC filing dated Jun 25, 2020
- Daniel Elliot Huber · Last reported as Chief Financial Officer in an SEC filing dated Jun 25, 2020
- Donald L Runkle · Last reported as a director in an SEC filing dated Jun 25, 2020
- Matthew Simoncini · Last reported as a director in an SEC filing dated Jun 25, 2020
- Mitchell I Quain · Last reported as a director in an SEC filing dated Jun 25, 2020
- Thomas William LaSorda · Last reported as a director in an SEC filing dated Jun 25, 2020
- Robert J Remenar · Last reported as a director in an SEC filing dated Jun 25, 2020
- Simon Boag · Last reported as Chief Technology Officer in an SEC filing dated Jun 25, 2020
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
QS Proposed Insider Sales (Form 144)
Latest: 2026-09-15
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
8 filings
· $3.2M notice value
· 6 unique filers
· 25% under 10b5-1 plans
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Holme Timothy (3, $1.7M) · Sivaram Srinivasan (1, $576K) · Singh Mohit (1, $237K) · Fasoli Luca Giovanni (1, $227K) · Hettrich Kevin (1, $219K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-09-15 | Timothy Holme | Officer | 240,000 | $1.21M | 2026-09-15 | Goldman Sachs & Co. LLC | 10b5-1 | EDGAR |
| 2026-08-19 | Timothy Holme | Officer | 48,238 | $283.6K | 2026-08-19 | Goldman Sachs & Co. LLC | 10b5-1 | EDGAR |
| 2026-08-18 | Fasoli Luca Giovanni | Officer | 37,160 | $227.4K | 2026-08-18 | Morgan Stanley Smith Barney LLC | — | EDGAR |
| 2026-08-18 | Sivaram Srinivasan | Officer, Director | 94,187 | $576.4K | 2026-08-18 | Morgan Stanley Smith Barney LLC | — | EDGAR |
| 2026-08-18 | Singh Mohit | Officer | 38,785 | $237.4K | 2026-08-18 | Morgan Stanley Smith Barney LLC | — | EDGAR |
| 2026-08-18 | MCCARTHY MICHAEL O III | Officer | 35,801 | $219.1K | 2026-08-18 | Morgan Stanley Smith Barney LLC | — | EDGAR |
| 2026-08-18 | Hettrich Kevin | Officer | 35,821 | $219.2K | 2026-08-18 | Morgan Stanley Smith Barney LLC | — | EDGAR |
| 2026-08-18 | Holme Timothy | Officer | 39,268 | $240.3K | 2026-08-18 | Morgan Stanley Smith Barney LLC | — | EDGAR |
| 2026-07-02 | Kevin Hettrich | Officer | 9,800 | $69.3K | 2026-07-02 | Goldman Sachs & Co. LLC | 10b5-1 | EDGAR |
| 2026-06-22 | Kevin Hettrich | Officer | 9,800 | $74.6K | 2026-06-22 | Goldman Sachs & Co. LLC | 10b5-1 | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-10-23
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Event | Link |
|---|---|---|
| 2026-10-21 | Earnings results | EDGAR |
| 2026-07-22 | Earnings results | EDGAR |
| 2026-07-22 | Material agreement · Agreement terminated | EDGAR |
| 2026-06-05 | Shareholder vote results | EDGAR |
| 2026-04-22 | Earnings results | EDGAR |
| 2026-03-05 | Director or officer change | EDGAR |
| 2026-02-11 | Earnings results | EDGAR |
| 2026-02-10 | Director or officer change | EDGAR |
| 2026-01-30 | Director or officer change | EDGAR |
| 2025-12-10 | Listing standards notice · Regulation FD disclosure | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-10-23 | 0001193125-26-430428 | EDGAR |
| 2026-07-24 | 0001193125-26-316073 | EDGAR |
| 2026-04-24 | 0001193125-26-177161 | EDGAR |
| 2025-10-24 | 0001193125-25-249971 | EDGAR |
| 2025-07-25 | 0000950170-25-098777 | EDGAR |
| 2025-04-25 | 0000950170-25-058706 | EDGAR |
| 2024-10-25 | 0000950170-24-117409 | EDGAR |
| 2024-07-26 | 0000950170-24-086884 | EDGAR |
| 2024-04-26 | 0000950170-24-049080 | EDGAR |
| 2023-10-27 | 0000950170-23-055982 | EDGAR |
ETF Holders
65 ETFs hold QS
25 shown · $261.06M total exposure · 0.01% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $74.3M | — | 2026-09-30 |
| 2 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.03% | $52.2M | — | 2026-09-30 |
| 3 | VBK Vanguard Morningstar Small-Cap Growth ETF | Vanguard | 0.07% | $29.1M | — | 2026-09-30 |
| 4 | VXF Vanguard Extended Market ETF | Vanguard | 0.03% | $25.3M | — | 2026-09-30 |
| 5 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.05% | $15.3M | — | 2026-11-05 |
| 6 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.06% | $12.7M | — | 2026-08-31 |
| 7 | IWR iShares Russell Mid-Cap ETF | iShares (BlackRock) | 0.02% | $9.3M | $56.9B | 2026-11-06 |
| 8 | VCR Vanguard Consumer Discretionary ETF | Vanguard | 0.08% | $4.7M | — | 2026-09-30 |
| 9 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.01% | $4.7M | $82.9B | 2026-11-06 |
| 10 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.06% | $4.2M | — | 2026-11-05 |
| 11 | PBW Invesco WilderHill Clean Energy ETF | Invesco | 1.41% | $4.1M | — | 2026-11-05 |
| 12 | IWS iShares Russell Mid-Cap Value ETF | iShares (BlackRock) | 0.02% | $3.2M | $14.8B | 2026-11-06 |
| 13 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.00% | $2.7M | $93.2B | 2026-11-06 |
| 14 | DRIV Global X Autonomous & Electric Vehicles ETF | Global X | 0.90% | $2.6M | — | 2026-11-06 |
| 15 | JMOM JPMorgan U.S. Momentum Factor ETF | JPMorgan | 0.09% | $2.3M | $2.6B | 2026-11-06 |
| 16 | VT Vanguard Total World Stock ETF | Vanguard | 0.00% | $2.0M | — | 2026-09-30 |
| 17 | IDRV iShares Self-Driving EV and Tech ETF | iShares (BlackRock) | 1.39% | $1.7M | $120.4M | 2026-11-06 |
| 18 | SCHB Schwab U.S. Broad Market ETF | Nport | 0.00% | $1.6M | — | 2026-08-31 |
| 19 | VONV Vanguard Russell 1000 Value ETF | Vanguard | 0.01% | $1.5M | — | 2026-09-30 |
| 20 | IWB iShares Russell 1000 ETF | iShares (BlackRock) | 0.00% | $1.5M | $46.6B | 2026-11-06 |
| 21 | ELFY ALPS Electrification Infrastructure ETF | Nport | 0.72% | $1.4M | — | 2026-08-31 |
| 22 | SMMD iShares Russell 2500 ETF | iShares (BlackRock) | 0.03% | $1.3M | $4.1B | 2026-11-06 |
| 23 | PRFZ Invesco RAFI US 1500 Small-Mid ETF | Nport | 0.05% | $1.3M | — | 2026-07-31 |
| 24 | FDIS Fidelity MSCI Consumer Discretionary Index ETF | Fidelity | 0.06% | $1.1M | $1.7B | 2026-11-05 |
| 25 | ESML iShares ESG Aware MSCI USA Small-Cap ETF | iShares (BlackRock) | 0.04% | $1.0M | $2.7B | 2026-11-06 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$-0.63
TTM Revenue
$0.00
TTM Net Income
$-383.62M
TTM Op. Cash Flow
$-227.47M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q3 '26 | 2026-09-30 | $0.00 | $-84.48M | $-0.14 | $-55.06M |
| Q2 '26 | 2026-06-30 | — | $-98.24M | $-0.16 | $-56.75M |
| Q1 '26 | 2026-03-31 | — | $-100.80M | $-0.16 | $-59.51M |
| Q4 '25 | 2025-12-31 | — | $-100.11M | $-0.17 | $-56.15M |
| Q3 '25 | 2025-09-30 | $0.00 | $-105.82M | $-0.18 | $-63.73M |
| Q2 '25 | 2025-06-30 | — | $-114.70M | $-0.20 | $-61.84M |
| Q1 '25 | 2025-03-31 | — | $-114.42M | $-0.21 | $-60.75M |
| Q4 '24 | 2024-12-31 | — | $-114.66M | $-0.22 | $-58.66M |
| Q3 '24 | 2024-09-30 | — | $-119.57M | $-0.23 | $-92.80M |
| Q2 '24 | 2024-06-30 | — | $-122.97M | $-0.25 | $-65.15M |
| Q1 '24 | 2024-03-31 | — | $-120.65M | $-0.24 | $-57.95M |
| Q4 '23 | 2023-12-31 | — | $-113.36M | $-0.23 | $-57.47M |
Q3 2026 • period ending 2026-09-30 • filed 2026-10-23
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
2.59
P/S
—
EV/EBITDA
—
EV/Sales
—
ROE
-38.6%
ROA
-34.6%
Div Yield
0.00%
FCF Yield
-8.70%
Debt/Equity
0.03
Current Ratio
—
Market Cap
$2.71B
as of 2026-11-09
QS vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| TSLA Tesla, Inc. Common Stock | $1.42T | 416.0 | +8.3% | −13.6% | 46 |
| BE Bloom Energy Corporation | $51.2B | 119.5 | +110.6% | +97.4% | 15 |
| FSLR First Solar, Inc. | $21.6B | 11.1 | −0.7% | −30.2% | 14 |
| RIVN Rivian Automotive, Inc. Class A Common S | $19.9B | — | +11.1% | −28.2% | 35 |
| NXT Nextpower Inc. Common Stock | $15.8B | 26.6 | +13.7% | +14.0% | 50 |
| XPEV XPeng Inc. American depositary shares, e | $9.8B | — | — | −50.5% | 44 |
| NIO NIO Inc. American depositary shares, eac | $8.5B | — | — | −33.8% | 68 |
| QS QuantumScape Corporation Class A Common | $2.6B | — | — | −58.9% | 27 |
| LCID Lucid Group, Inc. Common Stock | $1.3B | — | +66.5% | −68.1% | 43 |
| Peer median | $17.8B | 73.0 | +12.4% | −29.2% | 44 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
109.76M
SI % of Float
21.92%
Days to Cover
7.81
Short Vol Ratio
31.2%
Free Float
500.72M
Float %
85.3%
Short interest 2026-10-15 • Short volume 2026-11-06 • Float 2026-08-13