Right now, given the company’s red ink and declining share price, investors should wait on Quantumscape. The company needs to time to grow, mature and prove that it is on track with its solid-state batteries. Right now, QS stock is not a buy.
Similarly, Will QuantumScape stock recover?
As the company progresses further on its plans, its stock price should recover. The stock is trading 72% below its high price this year, offering an attractive entry point for long-term investors. Notably, QuantumScape stock entails significant risks and is suitable only for investors with a high appetite for risk.
Why is QS stock down today? QS stock is down almost 10% this morning after Morgan Stanley downgraded the company to « equal weight » from its previous « overweight » rating. This comes after QuantumScape reported achieving all of their 2021 goals ahead of schedule, citing promising technology development.
Thereof, What is the future of QS stock?
Stock Price Forecast
The 8 analysts offering 12-month price forecasts for Quantumscape Corp have a median target of 20.00, with a high estimate of 30.00 and a low estimate of 18.00. The median estimate represents a +10.07% increase from the last price of 18.17.
Can I buy QuantumScape stock?
Invest in QuantumScape on Stash
Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share. , you can buy QuantumScape stock in any dollar amount, or any other fund or stock you know on Stash.
Is QuantumScape a Buy Sell or Hold?
QuantumScape has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.
Who is investing in QuantumScape?
Key partnerships. QuantumScape is backed by Volkswagen, which has also invested $200 million in the battery company so far. In 2021, QuantumScape collaborated with another automaker who is among the top ten by revenue globally.
Is QuantumScape a good company to invest?
However, QuantumScape remains one of the few pure-play publicly listed bets on the solid-state battery space. While QuantumScape remains risky, due to the company’s secretive nature, the stock remains down by about 85% from its all-time highs, making the risk to reward prospects much more palatable for investors.
How much cash is QuantumScape?
QuantumScape cash on hand for the quarter ending September 30, 2021 was $1.544B , a 153811.07% increase year-over-year. QuantumScape cash on hand for 2020 was $0.998B, a 667.81% increase from 2019.
…
Compare QS With Other Stocks.
| QuantumScape Annual Cash on Hand (Millions of US $) | |
|---|---|
| 2020 | $998 |
| 2019 | $130 |
Is QS a strong buy?
A value greater than 1, in general, is not as good (overvalued to its growth rate).
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is QS a good long term investment?
Again, QS stock remains a long-term play. The market realizes that it faces competition between now and commercialization. It looks like a strong choice for investors keen on capitalizing on the niche. But another strategy could be to buy several competitors in the space and reduce holdings as time moves on.
Who is behind QuantumScape?
QuantumScape
| Type | Public company |
|---|---|
| Founders | Jagdeep Singh Tim Holme Fritz Prinz |
| Headquarters | San Jose, California, U.S. |
| Key people | Jagdeep Singh (CEO) |
| Number of employees | 400 (2021) |
Is Bill Gates invested in QuantumScape?
QantumScape was founded in 2010 by Singh and backed early by Microsoft founder Bill Gates and auto giant Volkswagen. Both continue to be investors in QuantumScape. In early December, Singh publicly revealed test results for QuantumScape’s solid state battery.
Does QuantumScape have a future?
QuantumScape expects to produce cells for car testing next year and could enter full-scale commercialization by 2024. QS stock has had a rough 12 months, shedding over 61% of its value. The stock seems significantly less frothy than in the past and is far more attractive considering the risks involved.
Is QuantumScape technology real?
QuantumScape is on a mission to transform energy storage. Our solid-state lithium-metal battery technology is designed to deliver efficient, reliable, safe and cost-effective energy storage to support the transition away from legacy energy sources toward a lower carbon future.
Did Bill Gates invest in QuantumScape?
QantumScape was founded in 2010 by Singh and backed early by Microsoft founder Bill Gates and auto giant Volkswagen. Both continue to be investors in QuantumScape.
Is QS stock a good long term investment?
QS Stock is Long-Term Bet
The truth is that QuantumScape won’t likely reach commercial scale operations until fiscal year 2025. That’s not news. It is the same long-term bet it always was in solid-state EV battery production.
Is QS making money?
The company doesn’t generate any revenue yet, but it has a market capitalization of $6.76 billion and a stock price hovering around $16. So far this year, QS stock has shed 28% of its value and 64% in the past 12 months.
Who are QuantumScape competitors?
Top 10 Quantumscape Competitors and Alternatives
- 1 1. CALB.
- 2 2. Silatronix.
- 3 3. Norco Group.
- 4 4. Aceleron.
- 5 5. Powur.
- 6 6. NLine Energy.
- 7 7. A123 Systems.
- 8 8. EaglePicher.
Who invested in QS?
Top 10 Owners of Quantumscape Corp
| Stockholder | Stake | Total value ($) |
|---|---|---|
| BlackRock Fund Advisors | 2.47% | 164,908,185 |
| Global X Management Co. LLC | 1.36% | 90,634,020 |
| SSgA Funds Management, Inc. | 0.90% | 60,122,144 |
| Norges Bank Investment Management | 0.88% | 58,962,944 |
What is the target price for QS stock?
Stock Price Targets
| High | $30.00 |
|---|---|
| Median | $20.00 |
| Low | $18.00 |
| Average | $22.88 |
| Current Price | $18.48 |
Why is QS stock up?
QuantumScape Corp (NYSE: QS) is surging Monday afternoon following a report suggesting the company is working with Porsche to develop an electric 911 powered by solid-state batteries.
Who is invested in QS?
Top 10 Owners of Quantumscape Corp
| Stockholder | Stake | Total value ($) |
|---|---|---|
| The Vanguard Group, Inc. | 5.14% | 276,120,877 |
| BlackRock Fund Advisors | 2.48% | 133,147,479 |
| SSgA Funds Management, Inc. | 0.90% | 48,542,842 |
| Stanford Management Co. | 0.86% | 46,398,336 |
What type of stock is QS?
QuantumScape Corporation Class A Common Stock (QS)
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