The financial health and growth prospects of QS, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this stock lacks momentum and would be a lackluster choice for momentum investors.
Similarly, What type of Stock is QS?
QuantumScape Corporation Class A Common Stock (QS)
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.
Thereof, Who is invested in QS stock?
Top 10 Owners of Quantumscape Corp
| Stockholder | Stake | Total change |
|---|---|---|
| SSgA Funds Management, Inc. | 0.90% | +22.54% |
| Stanford Management Co. | 0.86% | -46.11% |
| Geode Capital Management LLC | 0.86% | +12.91% |
| Morgan Stanley & Co. LLC | 0.65% | +131.90% |
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.
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 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.
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 is behind QuantumScape?
QuantumScape is backed by Volkswagen ( VWAGY -2.41% ), which has invested $300 million in the company so far. The two companies have formed a joint venture for a commercial production capacity of 21 gigawatt-hours per year. Volkswagen also continues to validate QuantumScape’s progress in cell development.
Why is QuantumScape stock going down?
QuantumScape (NYSE: QS), a startup developing solid-state lithium batteries for electric vehicles, has seen its stock price decline by close to 25% over the last week, trading at levels of around $44 on Friday. The sell-off was driven by news that the company will raise additional capital via a stock sale.
How much of QuantumScape does Volkswagen own?
Volkswagen and QuantumScape have been working together since 2012; prior to a 100-million dollar investment in 2018, VW already held five per cent of QuantumScape.
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.
What battery company did Bill Gates invest in?
Why Bill Gates invested in this tiny start-up that helps turn lithium into batteries. Breakthrough Energy Ventures has recently invested in a very small lithium processing start-up, Mangrove Lithium, which hasn’t made any money yet. Mangrove claims its electrochemical process can dramatically improve yields.
Why is QuantumScape dropping?
The decline comes as Toyota, the world’s largest automaker, indicated that it was looking to invest over $13.5 billion by 2030 to develop battery technologies, focusing on not just the next generation of lithium-ion batteries, but also on solid-state batteries, which QuantumScape specializes in.
Is QuantumScape battery real?
Quantumscape has shared new data showcasing further development of its solid-state batteries, whose cells have completed 400 consecutive 15-minute fast-charge cycles, replenishing from 10% to 80% capacity while still retaining over 80% of the initial energy.
How many employees does QuantumScape have?
QuantumScape is an American company that does research about solid state lithium metal batteries for electric cars. The company is headquartered in San Jose, California and employs around 400 people .
…
QuantumScape.
| Type | Public company |
|---|---|
| Key people | Jagdeep Singh (CEO) |
| Number of employees | 400 (2021) |
| Website | quantumscape.com |
Who invested in solid power?
Solid Power, whose investors include Ford Motor and BMW, is trading under the ticker symbol “SLDP.” Its warrants are trading under “SLDPW.” The stock was as high as $14.85 a share before retreating to under $14 , up by less than 6%. Its warrants were up by about 38% during midday trading Thursday.
What does Bill Gates say about QuantumScape?
Gates, an early backer of QuantumScape (NYSE:QS) and QS stock, suggested that people do what he’s doing and only get involved with quality SPACs. The assumption here is that QuantumScape is such a company.
Does QuantumScape 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.
When did QS go public?
So far in the year, QS stock is down more than 70%. Yet, when the company went public in November 2020 via a special purpose acquisition company (SPAC) reverse-merger, Wall Street had high hopes for future quarters.
Does QuantumScape use lithium?
Quantumscape co-founder and CEO Jagdeep Singh spoke to the new data: We believe QuantumScape’s lithium-metal technology provides a pathway to significantly improved fast-charging performance in EVs.
Who is QuantumScape merging with?
QuantumScape announced in September, just four months after that extra $200 million in VW investment, that it had agreed to merge with Kensington Capital Acquisition Corp. QuantumScape announced in 2021 plans to expand its manufacturing capacity by adding a 200,000 square foot pre-pilot line facility in California.
Who owns Quantum battery?
QuantumScape is an American company that does research about solid state lithium metal batteries for electric cars. The company is headquartered in San Jose, California and employs around 400 people. Investors include Bill Gates and Volkswagen.
…
QuantumScape.
| Type | Public company |
|---|---|
| Website | quantumscape.com |
Does QuantumScape have sales?
QuantumScape (ticker: QS) made money—a surprise for a company with no sales. But investors should remember, results just don’t matter. QuantumScape is a pre-sales technology startup, and technical progress is the name of the game.
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