QuantumScape (NYSE:QS) Shares Gap Up - Time to Buy?

Key Points

• Gapped up: QuantumScape shares opened at $9.41 after closing at $8.47 and last traded near $9.39 on ~8.6M shares, but remain below the 50‑day ($10.80) and 200‑day ($11.62) moving averages.
• Analyst consensus: Reduce — six Hold and three Sell ratings produce an average target of $9.17, with individual price targets ranging roughly from $5.30 to $12.00.
• Significant insider selling: Insiders have sold 4,257,169 shares (~$48.4M) in the past 90 days, including Director Dipender Saluja’s 2.61M‑share sale (~$28.8M), leaving insiders with about 5.48% ownership.

QuantumScape Corporation (NYSE:QS - Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $8.47, but opened at $9.41. QuantumScape shares last traded at $9.3940, with a volume of 8,603,831 shares changing hands.

Wall Street Analyst Weigh In

A number of research firms have recently commented on QS. Deutsche Bank Aktiengesellschaft set a $10.00 target price on QuantumScape and gave the company a "hold" rating in a research note on Thursday, October 23rd. Evercore reaffirmed an "in-line" rating and issued a $12.00 price objective (up previously from $8.00) on shares of QuantumScape in a research report on Monday, November 24th. Morgan Stanley initiated coverage on QuantumScape in a report on Monday, December 8th. They issued an "equal weight" rating and a $12.00 price target for the company. TD Cowen reissued a "hold" rating on shares of QuantumScape in a research report on Thursday, October 30th. Finally, HSBC cut QuantumScape from a "hold" rating to a "reduce" rating and lifted their price target for the company from $5.30 to $10.50 in a report on Wednesday, November 19th. Six investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and an average target price of $9.17.

QuantumScape Stock Performance

The stock's fifty day simple moving average is $10.80 and its 200 day simple moving average is $11.62. 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 company has a market cap of $5.49 billion, a price-to-earnings ratio of -11.23 and a beta of 2.51.

Insider Activity

In other QuantumScape news, insider Michael O. Mccarthy III sold 40,000 shares of the company's stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $11.79, for a total transaction of $471,600.00. Following the sale, the insider directly owned 137,888 shares of the company's stock, valued at approximately $1,625,699.52. This represents a 22.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Dipender Saluja sold 2,613,121 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $11.01, for a total value of $28,770,462.21. Following the sale, the director directly owned 9,892,934 shares in the company, valued at $108,921,203.34. This represents a 20.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 4,257,169 shares of company stock valued at $48,407,629 in the last ninety days. 5.48% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Tsfg LLC grew its stake in QuantumScape by 233.3% during the 3rd quarter. Tsfg LLC now owns 2,000 shares of the company's stock worth $25,000 after purchasing an additional 1,400 shares in the last quarter. REAP Financial Group LLC increased its holdings in QuantumScape by 300.0% in the third quarter. REAP Financial Group LLC now owns 2,000 shares of the company's stock valued at $25,000 after buying an additional 1,500 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in QuantumScape during the fourth quarter worth $25,000. Russell Investments Group Ltd. lifted its holdings in shares of QuantumScape by 685.5% in the second quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company's stock valued at $25,000 after purchasing an additional 3,311 shares in the last quarter. Finally, North Capital Inc. acquired a new stake in QuantumScape during the 2nd quarter valued at $27,000. 29.87% of the stock is currently owned by institutional investors.

About QuantumScape

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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