QuantumScape Corp (NYSE: QS) Surprises The Bears, Looks Good Going Forward

In today’s recent session, 2.15 million shares of the QuantumScape Corp (NYSE:QS) have been traded, and its beta is 4.37. Most recently the company’s share price was $3.85, and it changed around -$0.02 or -0.65% from the last close, which brings the market valuation of the company to $2.15B. QS at last check was trading at a discount to its 52-week high of $9.52, offering almost -147.27% off that amount. The share price’s 52-week low was $3.40, which indicates that the recent value has risen by an impressive 11.69% since then.

QuantumScape Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.22. If we narrow it down even further, the data shows that 2 out of 10 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 6 recommended QS as a Hold, whereas 1 deemed it a Buy, and 1 rated it as Underweight.

QuantumScape Corp (NYSE:QS) trade information

Instantly QS has been showing red trend so far today with a performance of -0.65% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.12 on recent trading dayincreased the stock’s daily price by 6.55%. The company’s shares are currently down -25.92% year-to-date, but still down -2.66% over the last five days. On the other hand, QuantumScape Corp (NYSE:QS) is 0.39% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $5.3, which translates to bulls needing to increase their stock price by 27.36% from its current value. Analyst projections state that QS is forecast to be at a low of $5.3 and a high of $5.3.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -34.46%. QuantumScape Corp earnings are expected to increase by 8.32% in 2025, but the outlook is positive 10.98% per year for the next five years.

QS Dividends

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

BLACKROCK INC., with 3.135% or 15.71 million shares worth $77.31 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 10.32 shares worth $39.69 million, making up 2.00% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 8.75 shares worth around $33.63 million, which represents about 1.70% of the total shares outstanding.