QuantumScape Corporation (NYSE:QS) Given Consensus Recommendation of "Reduce" by Brokerages

Key Points

• Analyst consensus: Eleven analysts rate QuantumScape an average of "Reduce" (4 sell, 7 hold) with a 12‑month average price target of about $9.17.
• Insider selling: Corporate insiders have sold 6,441,239 shares (~$83.29M) in the past 90 days, including Dipender Saluja's 2.61M‑share sale (~$28.77M) and Jeffrey Straubel's 27,106‑share sale (~$305.8k).
• Trading and fundamentals: QS has a market cap of $6.49B, 12‑month range $3.40–$19.07 and opened at $10.79; the stock shows a negative P/E (‑13.32) and analysts expect roughly ‑0.82 EPS for the current fiscal year.

QuantumScape Corporation (NYSE:QS - Get Free Report) has been given an average rating of "Reduce" by the eleven ratings firms that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $9.1667.

A number of equities research analysts have recently issued reports on the company. Evercore ISI restated an "in-line" rating and issued a $12.00 price target (up from $8.00) on shares of QuantumScape in a research report on Monday, November 24th. Weiss Ratings restated a "sell (d-)" rating on shares of QuantumScape in a report on Wednesday, October 8th. TD Cowen lifted their price target on QuantumScape from $5.00 to $16.00 and gave the stock a "hold" rating in a report on Thursday, October 30th. HSBC cut shares of QuantumScape from a "hold" rating to a "reduce" rating and raised their price objective for the stock from $5.30 to $10.50 in a research report on Wednesday, November 19th. Finally, Hsbc Global Res upgraded shares of QuantumScape to a "moderate sell" rating in a report on Wednesday, November 19th.

QuantumScape Trading Up 1.7%

QS stock opened at $10.79 on Thursday. QuantumScape has a 12-month low of $3.40 and a 12-month high of $19.07. The business's 50-day moving average is $12.07 and its 200 day moving average is $11.61. The company has a current ratio of 21.14, a quick ratio of 21.14 and a debt-to-equity ratio of 0.02. The stock has a market cap of $6.49 billion, a price-to-earnings ratio of -13.32 and a beta of 2.60.

QuantumScape (NYSE:QS - Get Free Report) last released its earnings results on Wednesday, October 22nd. The company reported ($0.18) earnings per share for the quarter, meeting the consensus estimate of ($0.18). During the same period in the previous year, the company posted ($0.23) earnings per share. On average, sell-side analysts anticipate that QuantumScape will post -0.82 EPS for the current fiscal year.

Insider Activity at QuantumScape

In related news, Director Jeffrey B. Straubel sold 27,106 shares of the business's stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $11.28, for a total value of $305,755.68. Following the sale, the director directly owned 239,722 shares in the company, valued at approximately $2,704,064.16. The trade was a 10.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dipender Saluja sold 2,613,121 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $11.01, for a total transaction of $28,770,462.21. Following the transaction, the director directly owned 9,892,934 shares of the company's stock, valued at approximately $108,921,203.34. This trade represents a 20.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,441,239 shares of company stock valued at $83,292,953 over the last 90 days. Corporate insiders own 5.48% of the company's stock.

Institutional Trading of QuantumScape

A number of institutional investors and hedge funds have recently bought and sold shares of QS. AQR Capital Management LLC purchased a new stake in QuantumScape during the 1st quarter worth about $321,000. NewEdge Advisors LLC increased its holdings in shares of QuantumScape by 50.4% in the 1st quarter. NewEdge Advisors LLC now owns 21,224 shares of the company's stock valued at $88,000 after acquiring an additional 7,111 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of QuantumScape by 456.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,759,334 shares of the company's stock worth $19,799,000 after acquiring an additional 3,904,168 shares in the last quarter. Parallel Advisors LLC lifted its stake in QuantumScape by 91.4% during the second quarter. Parallel Advisors LLC now owns 11,083 shares of the company's stock worth $74,000 after purchasing an additional 5,292 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in QuantumScape by 22.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 34,881 shares of the company's stock worth $245,000 after purchasing an additional 6,413 shares during the last quarter. 29.87% of the stock is currently owned by hedge funds and other institutional investors.

QuantumScape Company Profile

QuantumScape Corporation is a development-stage company specializing in the research and commercialization of next-generation solid-state lithium-metal batteries for electric vehicles. The company's core technology replaces the traditional liquid electrolyte with a solid ceramic separator, aiming to deliver higher energy density, faster charging times and enhanced safety compared to conventional lithium-ion cells. QuantumScape's product roadmap focuses on enabling electric vehicle manufacturers to extend driving range and reduce charging downtime, addressing key barriers to widespread EV adoption.

Founded in 2010 and headquartered in San Jose, California, QuantumScape has attracted significant strategic investment and formed partnerships with leading automotive OEMs.

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