QS Stock Price and Chart — NYSE:QS — TradingView (2024)

FAQs

Is QuantumScape a buy sell or hold? ›

The average price target represents -2.54% Decrease from the current price of $6.29. QuantumScape's analyst rating consensus is a Moderate Sell. This is based on the ratings of 5 Wall Streets Analysts.

According to the latest long-term forecast, QuantumScape price will hit $9 by the end of 2025 and then $10 by the end of 2026. QuantumScape will rise to $12 within the year of 2027, $15 in 2029, $17 in 2031 and $20 in 2035.

QuantumScape is developing a new type of battery that can store more energy and overcome the limitations of lithium batteries. The company's technological progress is promising, but caution is needed as there are uncertainties regarding real-life testing, production timeline, and target format.

Quantumscape Stock Forecast & Predictions: 1Y Price Target $6.90 | Buy or Sell NYSE: QS 2024 | WallStreetZen.

In June 2020, Volkswagen invested an additional $200 million. In 2020, QuantumScape merged with the special-purpose acquisition company Kensington Capital Acquisition. As a result of the merger, QuantumScape received $1 billion in financing, from investors including Volkswagen and the Qatar Investment Authority.

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, Morgan Stanley, State Street Corp, Geode Capital Management, Llc, VEXMX - Vanguard Extended Market Index ...

Based on short-term price targets offered by nine analysts, the average price target for QuantumScape Corporation comes to $6.30. The forecasts range from a low of $2.00 to a high of $10.00. The average price target represents an increase of 4.13% from the last closing price of $6.05.

Stock Price Forecast

The 7 analysts with 12-month price forecasts for QuantumScape stock have an average target of 6.53, with a low estimate of 2.00 and a high estimate of 10. The average target predicts an increase of 12.39% from the current stock price of 5.81. * Price targets were last updated on Feb 16, 2024.

QuantumScape has made progress toward production of what it believes will be a safer, faster-charging, more reliable battery design. But it needs a strong EV market to succeed. And since it hasn't yet brought in any revenue, it is in a vulnerable place.

Will QuantumScape succeed? ›

The battery maker says it knows of no other similarly designed battery for EVs that is achieving those kinds of results. The problem is QuantumScape is still not close to getting to the production stage. Analysts don't think it will realize any meaningful revenue until 2027.

QuantumScape's top competitors include Johnson Energy Storage, Zeta Energy, and Ion Storage Systems. Johnson Energy Storage engages in the development and production of all-solid-state lithium batteries. These batteries are primarily used in sectors such as transportat…

Assuming target 25% operating margins and a 20% tax rate, that implies potential 2030 profits of about $2.6 billion. A 20X price-to-earnings multiple on that implies a potential future valuation for QuantumScape of $55 billion – which is up 17X from the current market cap.

QuantumScape hit an important milestone this week

The prototype battery, called Alpha-2, incorporates many of the improvements QuantumScape has made to its design and production processes over the past year. Delivering it to customers is a milestone in the company's 2024 plan.

Stock Price Forecast

The 7 analysts with 12-month price forecasts for QuantumScape stock have an average target of 6.53, with a low estimate of 2.00 and a high estimate of 10. The average target predicts an increase of 20.70% from the current stock price of 5.41. * Price targets were last updated on Feb 16, 2024.

Based on short-term price targets offered by nine analysts, the average price target for QuantumScape Corporation comes to $6.30. The forecasts range from a low of $2.00 to a high of $10.00. The average price target represents an increase of 4.13% from the last closing price of $6.05.

QuantumScape Corporation Class A Common Stock is expected* to report earnings on 04/24/2024 after market close. The report will be for the fiscal Quarter ending Mar 2024. According to Zacks Investment Research, based on 3 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.2.