Quantumscape Corp (QS) Stock Price & News - Google Finance (2024)

FAQs

What is the stock price prediction for QuantumScape? ›

Based on short-term price targets offered by nine analysts, the average price target for QuantumScape Corporation comes to $6.19. The forecasts range from a low of $4.00 to a high of $10.00. The average price target represents an increase of 8.79% from the last closing price of $5.69.

QuantumScape has a consensus rating of Moderate Sell which is based on 0 buy ratings, 3 hold ratings and 2 sell ratings. The average price target for QuantumScape is $5.90. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

The financial health and growth prospects of QS, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

According to our Kensington Capital Acquisition stock prediction for 2025, QS stock will be priced at $ 8.53 in 2025. This forecast is based on the stock's average growth over the past 10 years.

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.

QuantumScape Corp. and Kensington Capital Acquisition Corp., a special purpose acquisition company sponsored by Kensington Capital Partners LLC, agreed to merge in a deal that would take the battery company public. The merger deal gives the combined company a pro forma implied enterprise value of roughly $3.3 billion.

Top Shareholders

The Vanguard Group, Inc. BlackRock, Inc. State Street Global Advisors, Inc. Coatue Management, L.L.C.

QuantumScape plans to start shipping its first low-volume samples in 2024 and high-volume samples in 2025, but it hasn't provided any updated revenue forecasts. Yet the company's mass production plans still seem to be on track.

Overall, 75% of employees would recommend working at Quantumscape to a friend. This is based on 41 anonymously submitted reviews on Glassdoor. How do job seekers rate their interview experience at Quantumscape? 42% of job seekers rate their interview experience at Quantumscape as positive.

QuantumScape — Forever battery company backed by Volkswagen. QuantumScape is a company that's working on solid-state batteries using lithium-metal.

What is the competitive advantage of QuantumScape? ›

Compared to current models, QuantumScape's solid-state separator provides 50% faster charging speeds and 80% greater range, eliminating the need for anode materials and manufacturing expenses. This gives QuantumScape a pretty sizeable (yet, theoretical) competitive edge at scale.

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 Corp's profitability score is 27/100. The higher the profitability score, the more profitable the company is.

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, State Street Corp, Geode Capital Management, Llc, VEXMX - Vanguard Extended Market Index Fund Investor ...

Volkswagen believed in QuantumScape so much that it invested $100 million in the company in 2018 and forked over another $200 million investment in 2020.

QuantumScape (NYSE: QS) was one of the market's hottest investments during the meme stock rally in late 2020 and 2021.