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% |
Similarly, 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 |
Who is backing 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.
Thereof, Who is behind QuantumScape?
QuantumScape is backed by Volkswagen ( VWAGY -2.13% ), 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.
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.
Who owns QuantumScape shares?
QuantumScape is not owned by hedge funds. Porsche Automobil Holding SE is currently the largest shareholder, with 20% of shares outstanding. Khosla Ventures, LLC is the second largest shareholder owning 8.4% of common stock, and Capricorn Investment Group LLC holds about 4.6% of the company stock.
Who are the biggest investors in QuantumScape?
Top Institutional Holders
| Holder | Shares | Value |
|---|---|---|
| Capricorn Investment Group Llc | 17,866,380 | 396,454,972 |
| Vanguard Group, Inc. (The) | 17,319,993 | 384,330,644 |
| Blackrock Inc. | 8,880,256 | 197,052,880 |
| Norges Bank Investment Management | 6,500,000 | 548,925,000 |
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 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.
Who bought QuantumScape?
In June 2020, Volkswagen made an additional $200 million investment into the company. On September 3, 2020, QuantumScape announced a merger with the special-purpose acquisition company Kensington Capital Acquisition.
Who is QuantumScape backed by?
The company got listed on the New York Stock Exchange as a Special Purpose Acquisition Company (SPAC) on November 27, 2020 and rose exponentially (roughly 283 percent) by the end of the year. The solid-state lithium battery startup has been backed by Bill Gates and Volkswagen.
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.
Who is QuantumScape partnered with?
QuantumScape claimed in 2020 to have made key breakthroughs in the technology and further advancements in 2021. Its partners include automaker Volkswagen, which has worked with the battery company since 2012 and has invested US$300 million into it to date.
Who is in the vanguard group?
Vanguard offers two classes of most of its funds: investor shares and admiral shares.
…
The Vanguard Group.
| Type | Privately held company |
|---|---|
| Key people | Mortimer J. Buckley (Chairman & CEO) |
| Products | Mutual funds Exchange-traded funds Broker Asset management Sub-advisory services |
| Revenue | $6.936 billion (2020) |
| AUM | $7.1 trillion (2020) |
How many shares of QuantumScape are there?
Share Statistics
| Avg Vol (3 month) 3 | 8.56M |
|---|---|
| Shares Outstanding 5 | 334.79M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 227.66M |
| % Held by Insiders 1 | 29.65% |
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.
Does QuantumScape have revenue?
QuantumScape revenue for the quarter ending September 30, 2021 was $M, a NAN% increase year-over-year. QuantumScape revenue for the twelve months ending September 30, 2021 was $0M, a NAN% increase year-over-year. QuantumScape annual revenue for 2020 was $0B, a NAN% decline from 2019.
How far is QuantumScape from production?
It is no longer the controversial special purpose acquisition company (SPAC) electric vehicle battery firm making headlines for all the wrong reasons. The firm seems to have passed that stage. However, they remain years away from commercial production, which is slated for a 2024 – 2025 time frame.
Does QuantumScape have a product?
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 |
What is QuantumScape?
QuantumScape Lab
Solid state battery technology company QuantumScape is moving beyond electric vehicles, looking at applying its rechargeable battery technology into the market for stationary power applications. It opens up a new, potentially huge, market for the company.
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