In today’s recent session, 2.12 million shares of the QuantumScape Corp (NYSE:QS) have been traded, and its beta is 4.50. Most recently the company’s share price was $5.11, and it changed around -$0.13 or -2.39% from the last close, which brings the market valuation of the company to $2.62B. QS at last check was trading at a discount to its 52-week high of $10.03, offering almost -96.28% off that amount. The share price’s 52-week low was $4.65, which indicates that the recent value has risen by an impressive 9.0% since then. We note from QuantumScape Corp’s average daily trading volume that its 10-day average is 14.52 million shares, with the 3-month average coming to 9.71 million.

QuantumScape Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.20. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 7 recommended QS as a Hold, whereas 1 deemed it a Buy, and 1 rated it as Underweight. QuantumScape Corp is expected to report earnings per share of -0.2 for the current quarter.

QuantumScape Corp (NYSE:QS) trade information

Instantly QS has been showing red trend so far today with a performance of -2.39% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.69 on recent trading dayincreased the stock’s daily price by 10.19%. The company’s shares are currently down -26.40% year-to-date, but still up 2.10% over the last five days. On the other hand, QuantumScape Corp (NYSE:QS) is 1.89% up in the 30-day period. We can see from the shorts that 66.6 million shares have been sold at a short interest cover period of 5.16 day(s).

The consensus price target as assigned by Wall Street analysts is $6.15, which translates to bulls needing to increase their stock price by 16.91% from its current value. Analyst projections state that QS is forecast to be at a low of $5.3 and a high of $7.

QuantumScape Corp (QS) estimates and forecasts

QuantumScape Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -8.82 percent over the past six months and at a -3.13% annual growth rate that is well below the industry average of 7.70%.

Forecasts for the next quarter put sales growth at 0.00%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -45.65%. QuantumScape Corp earnings are expected to increase by -2.46% in 2024, but the outlook is positive 25.88% per year for the next five years.

QS Dividends

QuantumScape Corp’s next quarterly earnings report is expected to be released in January.

QuantumScape Corp (NYSE:QS)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 17.94% of QuantumScape Corp shares, and 31.67% of them are in the hands of institutional investors. The stock currently has a share float of 38.60%. QuantumScape Corp stock is held by 460.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.2906% of the shares, which is about 31.21 million shares worth $153.56 million.

BLACKROCK INC., with 3.1671% or 15.71 million shares worth $77.31 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 10.44 shares worth $53.43 million, making up 2.28% of all outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held roughly 8.49 shares worth around $43.46 million, which represents about 1.85% of the total shares outstanding.