Options traders are bracing for a sizable post-earnings move in QuantumScape (NASDAQ:QS) shares ahead of the company’s Q2 results.
The solid-state battery developer is set to report after Wednesday’s closing bell, with Benzinga Pro estimates calling for a loss of 18 cents per share.
Benzinga options data implies an approximately 11.38% one-standard-deviation move over the relevant expiration window based on current option prices.
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QuantumScape and Honda’s Joint Research Deal
QuantumScape has entered a joint research agreement with Honda focused on solid-state battery technology. The multi-year plan targets battery solutions and manufacturing processes. Honda’s evaluation of QuantumScape’s technology found unique advantages, leading the partners to explore applications beyond automotive uses.
Honda Targets Motorcycles and Industrial Equipment
Honda sees potential to deploy solid-state batteries in motorcycles, scooters, and industrial equipment. The platform’s high energy density and fast charging could support products where reliability and efficiency matter. The deal also expands the scope of QuantumScape’s work beyond cars.
QS Stock Price Activity: QuantumScape shares were down 2.40% at $5.91 at the time of publication on Wednesday, according to Benzinga Pro data.
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