In the latest trading session, 2.37 million QuantumScape Corp (NYSE:QS) shares changed hands as the company’s beta touched 4.44. With the company’s most recent per share price at $5.08 changing hands around $0.09 or 1.76% at last look, the market valuation stands at $2.60B. QS’s current price is a discount, trading about -87.4% off its 52-week high of $9.52. The share price had its 52-week low at $4.65, which suggests the last value was 8.46% up since then.
Analysts gave the QuantumScape Corp (QS) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.20. If we narrow down to specifics, the data shows that 1 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended QS as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. QuantumScape Corp’s EPS for the current quarter is expected to be -0.19.
QuantumScape Corp (NYSE:QS) trade information
Instantly QS is in green as seen in intraday trades today. With action -2.35%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -2.16%, with the 5-day performance at -2.35% in the red. However, in the 30-day time frame, QuantumScape Corp (NYSE:QS) is 0.15% up.
The consensus price target for the stock as assigned by Wall Street analysts is 5.3, meaning bulls need an upside of 4.15% from its recent market value. According to analyst projections, QS’s forecast low is 5.3 with 5.3 as the target high. To hit the forecast high, the stock’s price needs a -4.33% plunge from its current level, while the stock would need to soar -4.33% for it to hit the projected low.
QuantumScape Corp (QS) estimates and forecasts
According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -34.46%. The 2025 estimates are for QuantumScape Corp earnings to increase by 5.03%, but the outlook for the next 5-year period is at 10.33% per year.
QuantumScape Corp (NYSE:QS)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 3.1671% or 15.71 million shares worth $77.31 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. With 10.44 shares estimated at $52.76 million under it, the former controlled 2.28% of total outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held about 1.85% of the shares, roughly 8.49 shares worth around $42.91 million.
