QuantumScape (NASDAQ: QS) shares climbed 16.5% after the solid-state battery developer announced a significant strategic shift away from large-scale manufacturing toward a licensing-focused business model. Analyst projections vary considerably, with optimistic forecasts modeling US$242.3 million in revenue and US$13.7 million in earnings by 2029, implying a dramatic turnaround from current losses of approximately US$405.0 million. More cautious analysts project only US$26.3 million in revenue and US$1.6 million in earnings by 2029, a far more conservative outlook that could gain traction given the extended timeline and ongoing cash consumption.