S&P 500   4,320.06
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Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
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Laser breakthrough could send stock soaring 2,467% (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
His system isolated NVIDIA - Here's His Next Buy. (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
Laser breakthrough could send stock soaring 2,467% (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
His system isolated NVIDIA - Here's His Next Buy. (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
Laser breakthrough could send stock soaring 2,467% (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
His system isolated NVIDIA - Here's His Next Buy. (Ad)
A Tech Stock You've Never Heard Of Just Hit The Rally Button
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Is New IPO Instacart Already Hitting Speed Bumps?
Prospect Capital Corporation: A Gold Nugget or Value Trap?
Laser breakthrough could send stock soaring 2,467% (Ad)
52-week Low Names To Tip The Upside Scale In Your Favor
Seagen, Activision Blizzard rise; Scholastic, Intel fall, Friday, 9/22/2023
NYSE:QS

QuantumScape (QS) Stock Forecast, Price & News

$6.43
-0.06 (-0.92%)
(As of 09/22/2023 ET)
Compare
Today's Range
$6.38
$6.67
50-Day Range
$6.43
$13.31
52-Week Range
$5.11
$13.86
Volume
3.97 million shs
Average Volume
4.69 million shs
Market Capitalization
$2.88 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.71

QuantumScape MarketRank™ Forecast

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
4.4% Upside
$6.71 Price Target
Short Interest
Bearish
12.17% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.60mentions of QuantumScape in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$4.81 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.98) to ($0.96) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.11 out of 5 stars

Auto/Tires/Trucks Sector

86th out of 89 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

25th out of 25 stocks


QS stock logo

About QuantumScape (NYSE:QS) Stock

QuantumScape Corporation is a U.S.-based technology development company focused on solid-state technology for the EV industry. Jagdeep Singh, Tim Holme and Fritz Prinz, a trio from Stanford University, formed the company in 2010. 

The company quickly gained major investors' attention. By 2012, it claimed investors like Bill Gates and Volkswagen. The company's solid-state battery technology piqued their interest as technology that will revolutionize the EV market by providing extended ranges and significantly reduced charge times at a lower cost to manufacturers. 

Volkswagen is the company's largest shareholder and has injected millions into the company over its lifespan. The first round came in 2012 but was followed by a $100 million investment in 2018 and another $200 million in 2020. The two now have a joint venture to produce commercial solid-state batteries, and that venture made significant progress in 2022. The technology has two key features: an anode-less architecture and a proprietary ceramic separator. 

QuantumScape went public in 2020 via a reverse merger with SPAC Kensington Capital Acquisition Company. The IPO listed the stock on the NYSE and raised $1 billion in capital for the company. The money funded operations and research that led to prototypes of commercially viable solid-state batteries for the EV market. The target is to increase the range of EVs by as much as 80%, which would give them more range than most ICE vehicles. 

The company uses solid electrodes and electrolytes instead of the liquids and gels used by legacy batteries like lithium-ion. These batteries provide more than double the energy density of traditional batteries at lower costs and can charge to near full capacity in a matter of minutes. Solid state also increases the lifespan of the batteries and reduces capacity fade or the tendency for batteries to lose capacity over time. Another bonus is combustibility. While traditional batteries are prone to combustion, the solid-state separator is neither flammable nor combustible. 

The company began shipping its 24-layer lithium-metal battery prototypes to OEMs in late 2022. The company believes the technology is suitable for various applications, including EVs and consumer electronics. At the time, there was still substantial work to be done before the widespread use of the batteries could begin, but the news marked a major milestone that could accelerate the advancement of the technology. 

According to the company's CEO, Singh, the "E" in ESG has always been central to the company's strategy. The mission should accelerate the shift to electrification and greener technologies by improving battery technology. Once perfected, this technology could be used across the consumer and industrial landscape, providing increased range and reducing the need for backup, carbon-based power sources. 

QS Price History

QS Stock News Headlines

Watch Like a Hawk Until QuantumScape Stock Hits This Price
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
QuantumScape (NYSE:QS) Coverage Initiated by Analysts at Evercore ISI
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Up 24% in 2023, is QuantumScape Just Getting Started?
QuantumScape Stock: Buy, Sell, or Hold?
Why QuantumScape Stock Is a Lose-Lose for Investors
When Should You Buy QuantumScape Stock? Here’s the Magic Number.
This Is What Whales Are Betting On QuantumScape
QuantumScape Stock’s High-Flying Days May be Over
QuantumScape: Too Much Volatility
Follow the Insiders and Sell QuantumScape Stock Now
Why the QuantumScape Stock Death Spiral Will Continue
See More Headlines
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QS Company Calendar

Last Earnings
7/26/2023
Today
9/22/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Fax
N/A
Employees
850
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.71
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$2.00
Forecasted Upside/Downside
+4.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
6 Analysts

Profitability

Net Income
$-411,910,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$3.02 per share

Miscellaneous

Free Float
402,087,000
Market Cap
$2.88 billion
Optionable
Optionable
Beta
5.28
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Key Executives

  • Mr. Jagdeep  SinghMr. Jagdeep Singh (Age 55)
    Co-Founder, Chairman, Pres & CEO
    Comp: $764.96k
  • Prof. Friedrich Prinz Ph.D. (Age 73)
    Co-Founder, Chief Scientific Advisor & Board Member
  • Dr. Timothy  HolmeDr. Timothy Holme (Age 41)
    Co-Founder & CTO
    Comp: $459.46k
  • Mr. Kevin  HettrichMr. Kevin Hettrich (Age 41)
    Chief Financial Officer
    Comp: $485.82k
  • Mr. Michael O. McCarthy IIIMr. Michael O. McCarthy III (Age 57)
    Chief Legal Officer & Head of Corp. Devel.
    Comp: $459.41k
  • Dr. Mohit Singh (Age 44)
    Chief Devel. Officer
    Comp: $460.92k
  • Mr. John Joseph Saager III
    Head of Investor Relations
  • Ms. Pamela Fong
    Chief of HR Operations
  • Dr. Siva Sivaram
    Pres













QS Stock - Frequently Asked Questions

Should I buy or sell QuantumScape stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QuantumScape in the last twelve months. There are currently 3 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" QS shares.
View QS analyst ratings
or view top-rated stocks.

What is QuantumScape's stock price forecast for 2023?

6 analysts have issued 1-year target prices for QuantumScape's shares. Their QS share price forecasts range from $2.00 to $10.00. On average, they expect the company's share price to reach $6.71 in the next twelve months. This suggests a possible upside of 4.4% from the stock's current price.
View analysts price targets for QS
or view top-rated stocks among Wall Street analysts.

How have QS shares performed in 2023?

QuantumScape's stock was trading at $5.67 on January 1st, 2023. Since then, QS shares have increased by 13.4% and is now trading at $6.43.
View the best growth stocks for 2023 here
.

When is QuantumScape's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our QS earnings forecast
.

How were QuantumScape's earnings last quarter?

QuantumScape Co. (NYSE:QS) announced its earnings results on Wednesday, July, 26th. The company reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of ($0.22) by $0.04. During the same period in the prior year, the business posted ($0.22) earnings per share.

What is QuantumScape's stock symbol?

QuantumScape trades on the New York Stock Exchange (NYSE) under the ticker symbol "QS."

Who are QuantumScape's major shareholders?

QuantumScape's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (2.91%), State Street Corp (0.95%), Mirae Asset Global Investments Co. Ltd. (0.94%), Geode Capital Management LLC (0.92%), Barclays PLC (0.53%) and Barclays PLC (0.52%). Insiders that own company stock include Fritz Prinz, Gena C Lovett, Jagdeep Singh, Jeffrey B Straubel, Jurgen Leohold, Justin E Mirro, Kevin Hettrich, Michael O Mccarthy III, Michael O Mccarthy III, Mohit Singh and Timothy Holme.
View institutional ownership trends
.

How do I buy shares of QuantumScape?

Shares of QS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is QuantumScape's stock price today?

One share of QS stock can currently be purchased for approximately $6.43.

How much money does QuantumScape make?

QuantumScape (NYSE:QS) has a market capitalization of $2.88 billion. The company earns $-411,910,000.00 in net income (profit) each year or ($1.02) on an earnings per share basis.

How many employees does QuantumScape have?

The company employs 850 workers across the globe.

How can I contact QuantumScape?

QuantumScape's mailing address is 1400 OLD COUNTRY ROAD SUITE 301, WESTBURY NY, 11590. The official website for the company is www.quantumscape.com. The company can be reached via phone at 408-452-2000 or via email at ir@quantumscape.com.

This page (NYSE:QS) was last updated on 9/23/2023 by MarketBeat.com Staff

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