In the last trading session, 9.15 million shares of the QuantumScape Corp (NYSE:QS) were traded, and its beta was 4.28. Most recently the company’s share price was $4.23, and it changed around -$0.25 or -5.58% from the last close, which brings the market valuation of the company to $2.36B. QS currently trades at a discount to its 52-week high of $9.52, offering almost -125.06% off that amount. The share price’s 52-week low was $3.40, which indicates that the current value has risen by an impressive 19.62% since then. We note from QuantumScape Corp’s average daily trading volume that its 10-day average is 11.41 million shares, with the 3-month average coming to 10.82 million.
QuantumScape Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.29. If we narrow it down even further, the data shows that 2 out of 9 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 5 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 showed a red trend with a performance of -5.58% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.70 on recent trading dayincreased the stock’s daily price by 10.0%. The company’s shares are currently down -18.50% year-to-date, but still down -2.31% over the last five days. On the other hand, QuantumScape Corp (NYSE:QS) is -10.57% down in the 30-day period. We can see from the shorts that 66.12 million shares have been sold at a short interest cover period of 5.09 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 31.22% from its current value. Analyst projections state that QS is forecast to be at a low of $4 and a high of $20.
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 9.49% in 2025, but the outlook is positive 11.41% per year for the next five years.
QS Dividends
QuantumScape Corp’s next quarterly earnings report is expected to be released on 2025-Apr-22.
QuantumScape Corp (NYSE:QS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 20.05% of QuantumScape Corp shares, and 32.84% of them are in the hands of institutional investors. The stock currently has a share float of 41.08%. QuantumScape Corp stock is held by 476.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.2268% of the shares, which is about 31.21 million shares worth $153.56 million.
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.
