11 Best Alternative Energy Stocks to Invest In According to Analysts

5. QuantumScape Corporation (NYSE:QS)

Stock Upside: 54.11%

Number of Hedge Fund Holdings: 28

QuantumScape Corporation (NYSE:QS) is one of the best alternative energy stocks to invest in according to analysts. On February 11, QuantumScape Corporation (NYSE:QS) shared its Q4 2025 financial results, in which it showed that it is a pre-revenue company and that any cash inflows from customers come through customer billings. For the full-year, the customer billings totaled $19.5 million, all of which came in Q4.

Importantly, QuantumScape noted that due to the related-party nature of these billings, US GAAP required this amount to be recorded directly to shareholders’ equity, not as revenue on the income statement.

That said, EPS for the quarter came in at -$0.17, which aligned with Wall Street expectations, and marked an improvement from the -$0.22 EPS reported in Q4 2024. For the full year 2025, EPS came in at -$0.76, improving from -$0.94 in 2024. This bottom-line improvement came on the back of a sustained company-wide focus on cost discipline. For instance, the net loss for Q4 reduced to $100.1 million from $114.7 million in Q4 2024, and the full-year net loss improved 9% to $435.1 million.

The company said it achieved the cost improvements through value engineering on the Eagle Line (its manufacturing prototype), real estate footprint optimization, and deliberate capital efficiency measures, all of these without slowing technical progress.

QuantumScape updated its full-year 2026 guidance and now expects adjusted EBITDA loss between $250million and $275 million, which is essentially flat to modestly better than 2025’s loss. The company projects capital expenditures to fall in the $40-$60 million range up from $36.3 million in 2025.

QuantumScape Corporation (NYSE:QS) is a battery technology company headquartered in San Jose, California. It develops solid-state lithium-metal batteries designed primarily for electric vehicles.