QuantumScape (QS) to Release Quarterly Earnings on Wednesday

QuantumScape (NYSE:QS - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Wednesday, July 23rd. Analysts expect QuantumScape to post earnings of ($0.20) per share for the quarter.

QuantumScape (NYSE:QS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.02). During the same period in the prior year, the company earned ($0.24) EPS. On average, analysts expect QuantumScape to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

QuantumScape Stock Up 5.2%

Shares of QS traded up $0.71 during mid-day trading on Friday, hitting $14.31. 65,412,986 shares of the company's stock were exchanged, compared to its average volume of 15,663,156. The company has a market cap of $8.00 billion, a PE ratio of -15.69 and a beta of 4.42. QuantumScape has a 52 week low of $3.40 and a 52 week high of $14.86. The company has a 50-day simple moving average of $5.61 and a 200 day simple moving average of $4.96. The company has a debt-to-equity ratio of 0.03, a current ratio of 16.66 and a quick ratio of 16.66.

Insider Buying and Selling at QuantumScape

In other QuantumScape news, Director Fritz Prinz sold 864,708 shares of the firm's stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $7.02, for a total transaction of $6,070,250.16. Following the completion of the sale, the director owned 81,364 shares of the company's stock, valued at $571,175.28. This trade represents a 91.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Timothy Holme sold 11,906 shares of the firm's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $7.02, for a total value of $83,580.12. Following the sale, the chief technology officer directly owned 1,661,928 shares of the company's stock, valued at $11,666,734.56. This represents a 0.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,589,468 shares of company stock worth $18,114,411 over the last quarter. 12.03% of the stock is currently owned by insiders.

Institutional Investors Weigh In On QuantumScape

Hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its holdings in QuantumScape by 50.4% during the 1st quarter. NewEdge Advisors LLC now owns 21,224 shares of the company's stock valued at $88,000 after purchasing an additional 7,111 shares during the last quarter. AQR Capital Management LLC acquired a new stake in shares of QuantumScape during the first quarter worth $321,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of QuantumScape by 456.5% during the first 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 buying an additional 3,904,168 shares in the last quarter. Institutional investors and hedge funds own 29.87% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on QS. UBS Group cut shares of QuantumScape from a "neutral" rating to a "sell" rating and decreased their price target for the stock from $5.00 to $2.50 in a research note on Thursday, April 10th. TD Cowen raised QuantumScape to a "hold" rating in a report on Monday, July 7th. The Goldman Sachs Group cut their price target on shares of QuantumScape from $3.00 to $2.50 and set a "sell" rating for the company in a research note on Monday, April 28th. Finally, Robert W. Baird cut their price target on shares of QuantumScape from $8.00 to $6.00 and set a "neutral" rating for the company in a research note on Thursday, April 24th. Three equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. Based on data from MarketBeat, QuantumScape has an average rating of "Hold" and a consensus target price of $5.19.

About QuantumScape

QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.