QS Stock Price and Chart — NYSE:QS — TradingView (2024)

FAQs

Is QuantumScape a buy or sell? ›

What do analysts say about QuantumScape? QuantumScape's analyst rating consensus is a Moderate Sell. This is based on the ratings of 5 Wall Streets Analysts.

Based on short-term price targets offered by nine analysts, the average price target for QuantumScape Corporation comes to $6.30. The forecasts range from a low of $4.00 to a high of $10.00. The average price target represents an increase of 16.24% from the last closing price of $5.42.

QuantumScape stock price stood at $5.42

According to the latest long-term forecast, QuantumScape price will hit $9 by the end of 2025 and then $10 by the end of 2026. QuantumScape will rise to $12 within the year of 2027, $15 in 2030 and $17 in 2032.

QuantumScape is developing a new type of battery that can store more energy and overcome the limitations of lithium batteries. The company's technological progress is promising, but caution is needed as there are uncertainties regarding real-life testing, production timeline, and target format.

In June 2020, Volkswagen invested an additional $200 million. In 2020, QuantumScape merged with the special-purpose acquisition company Kensington Capital Acquisition. As a result of the merger, QuantumScape received $1 billion in financing, from investors including Volkswagen and the Qatar Investment Authority.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Capricorn Investment Group LLC, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, NAESX - Vanguard Small-Cap Index Fund Investor Shares, Morgan Stanley, State Street Corp, Geode Capital Management, Llc, VEXMX - Vanguard Extended Market Index ...

Editor's note: “QuantumScape: The 'Forever Battery' Stock With Millionaire-Maker Potential” was previously published in March 2023. It has since been updated to include the most relevant information available.

If you can handle share-price volatility, then QS looks like a steal at $10 or less. A $25 price target looks like a reasonable target for 2025. There are no guarantees, of course, but QuantumScape's battery technology is unique, and the company's products could become a favorite among automotive manufacturers.

If you can handle share-price volatility, then QS looks like a steal at $10 or less. A $25 price target looks like a reasonable target for 2025.

See how QuantumScape compares to similar products. QuantumScape's top competitors include Johnson Energy Storage, Zeta Energy, and Ion Storage Systems.

What companies are investing in QuantumScape? ›

Key Differences Between Toyota and QS SSBs

Toyota employs ceramic solid electrolytes, a well-established technology. In contrast, QuantumScape utilizes solid-state separators, a less mature but potentially more scalable option with cost advantages. Another distinction is the development stage.

QuantumScape (QS)

However, the company that employs about 400 people and makes solid-state lithium-ion batteries for EVs has a couple of big investors in its corner. QuantumScape is backed by Microsoft's (NASDAQ:MSFT) co-founder Bill Gates and the German auto giant Volkswagen (OTCMKTS:VWAGY).

QuantumScape has a poor earnings track record and a less-than-ideal capital position. The prudent policy, then, is to sell QuantumScape stock today and/or avoid it altogether. On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article.

QuantumScape still has a lot to prove, and its stock could easily be cut in half before it doubles. But over the next five years, it could rise a lot higher if it starts mass-producing its solid-state batteries. It could also become a lucrative takeover target for Volkswagen as it expands its EV business.

Quantumscape holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

The current TTM dividend payout for QuantumScape (QS) as of April 19, 2024 is $0.00. The current dividend yield for QuantumScape as of April 19, 2024 is 0.00%.

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