How Is QuantumScape Corp. (NYSE: QS) Expected To Fare In The Coming Months?

QuantumScape Corp (NYSE:QS) has a beta value of 4.77 and has seen 1.69 million shares traded in the recent trading session. The company, currently valued at $2.68B, closed the recent trade at $5.41 per share which meant it gained $0.02 on the day or 0.46% during that session. The QS stock price is -156.19% off its 52-week high price of $13.86 and 9.06% above the 52-week low of $4.92. The 3-month trading volume is 6.65 million shares.

QuantumScape Corp (NYSE:QS) trade information

Sporting 0.46% in the green today, the stock has traded in the green over the last five days, when the QS stock price touched $5.41 or saw a rise of 5.25%. Year-to-date, QuantumScape Corp shares have moved -22.09%, while the 5-day performance has seen it change 0.46%. Over the past 30 days, the shares of QuantumScape Corp (NYSE:QS) have changed -13.91%.

QuantumScape Corp (QS) estimates and forecasts

Figures show that QuantumScape Corp shares have underperformed across the wider relevant industry. The company’s shares have gained 3.74% over the past 6 months, with this year growth rate of 1.04%, compared to 12.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 15.40% and 0.00% for the next quarter.

3 analysts offering their estimates for the company have set an average revenue estimate of -$ for the current quarter. 3 have an estimated revenue figure of -$ for the next quarter concluding in Sep 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -45.65% over the past 5 years. Earnings growth for 2024 is a modest -0.49% while over the next 5 years, the company’s earnings are expected to increase by 25.88%.

QS Dividends

QuantumScape Corp is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.