QuantumScape Corporation (QS) Stock Price, Quote & News - Stock Analysis (2024)

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QuantumScape Corporation (QS) Stock Price, Quote & News - Stock Analysis? ›

The highest analyst price target is $8.00 ,the lowest forecast is $4.00. The average price target represents -28.73% Decrease from the current price of $8.25. QuantumScape's analyst rating consensus is a Moderate Sell. This is based on the ratings of 5 Wall Streets Analysts.

The highest analyst price target is $8.00 ,the lowest forecast is $4.00. The average price target represents -28.73% Decrease from the current price of $8.25. QuantumScape's analyst rating consensus is a Moderate Sell. This is based on the ratings of 5 Wall Streets Analysts.

Based on short-term price targets offered by eight analysts, the average price target for QuantumScape Corporation comes to $6.21. The forecasts range from a low of $4.00 to a high of $10.00. The average price target represents a decline of 25.81% from the last closing price of $8.37.

QuantumScape stock price stood at $8.12

According to the latest long-term forecast, QuantumScape price will hit $9 by the end of 2024 and then $10 by the end of 2025. QuantumScape will rise to $12 within the year of 2027, $15 in 2028, $17 in 2030, $20 in 2032 and $25 in 2036.

According to our Kensington Capital Acquisition stock prediction for 2025, QS stock will be priced at $ 12.48 in 2025. This forecast is based on the stock's average growth over the past 10 years.

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 ...

QuantumScape is an American company that develops solid state lithium metal batteries for electric cars. The company is headquartered in San Jose, California and employs around 850 people. Investors include Bill Gates and Volkswagen.

Now, QuantumScape has a far more reasonable $2.5 billion valuation, about $1 billion of cash and short-term investments on its balance sheet, and virtually no debt. Not only that, but the business has made some serious progress, and significant revenue could be just a couple of years away.

As of 2024-07-24, the Intrinsic Value of Quantumscape Corp (QS) is -4.62 USD. This QS valuation is based on the model Peter Lynch Fair Value. With the current market price of 7.46 USD, the upside of Quantumscape Corp is -161.9%.

Low Profitability

QS' trailing-12-month ROCE of negative 36.67% is unfavorably compared to the industry average of 11.79%. Likewise, its trailing-12-month ROTC and ROTA of negative 23% and negative 31.50% are lower than the industry averages of 6.26% and 4.22%, respectively.

Is QuantumScape a good buy? ›

The Quantumscape stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

Key Points. Solid Power looks to be on the right track with its solid-state batteries. Competitor QuantumScape may beat them to the punch, though. There will be room for more than one supplier if the technology performs as its testing is implying.

QuantumScape's remaining key goals for 2024 include ramping up the Raptor production process, beginning low-volume QSE-5 prototype production, and preparing for high-volume production of its solid-state electrolyte-separator using the Cobra equipment and process, which is set to begin in 2025.

Stock Price Forecast

The 6 analysts with 12-month price forecasts for QuantumScape stock have an average target of 6.45, with a low estimate of 4.70 and a high estimate of 10. The average target predicts a decrease of -20.57% from the current stock price of 8.12. * Price targets were last updated on Apr 25, 2024.

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.

The writer posits that QuantumScape's stock price will burgeon in the long run, with the price soaring up to $2,000 by 2030 and even reaching a high of $8,000 by 2040.

Based on 8 Wall Street analysts who have issued ratings for QuantumScape in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 8 analysts, 2 have given a sell rating, 5 have given a hold rating, and 1 has given a buy rating for QS.

For QuantumScape, that means the investment case for the stock hasn't really changed since the meme stock era. In 2020, QuantumScape was working on advanced solid-state batteries for EVs that it hoped to commercialize around 2025 or 2026.