The duo, both 24, are said to be inseparable after spending time together on and off the set of their new movie and are constantly hanging out in between takes playing pranks on the film crew, reported Hollywood Life.
"Kristen and Nick are inseparable. They are constantly hanging out together when they aren't on set. They've really bonded with each other and are like best friends now. It wouldn't surprise any if us if it turns into something more serious, something romantic," a source said.
"They love playing practical jokes on the cast and crew, playing pool, just exploring and hanging out," the source added.
Meanwhile, Stewart's ex Robert Pattinson, from whom she split last year after she cheated on him with married director Rupert Sanders, has also moved on with FKA Twigs.
The 28-year-old actor became 'instant friends' with the singer - whose real name is Tahliah Barnett - and has already introduced the 26-year-old musician to his friends in Los Angeles and shown her the sights of the city.
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