QuantumScape has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.
Similarly, Is QS stock a buy or sell?
A P/B of 1 means it’s selling at its per share book value.
…
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.
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.
What is the price target for QuantumScape?
Stock Price Targets
High | $30.00 |
---|---|
Median | $20.00 |
Low | $18.00 |
Average | $22.88 |
Current Price | $18.48 |
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.
Why is QuantumScape so low?
QuantumScape has been quiet since mid-November, when its testing data came ahead of schedule and revealed its 10-year battery cell could run at least 800 cycles at « better than one-hour charge rates. » Any movement in QuantumScape stock price since, therefore, has purely been a reflection of market sentiment and had …
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.
Why did QuantumScape stock go 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 $44 on Friday. The sell-off was driven by news that the company will raise additional capital via a stock sale.
Is Bill Gates invested in QuantumScape?
QantumScape was founded in 2010 by Singh and backed early by Microsoft founder Bill Gates and auto giant Volkswagen. Both continue to be investors in QuantumScape. In early December, Singh publicly revealed test results for QuantumScape’s solid state battery.
Is Qs a good stock to buy?
Final Word On QS Stock
It faces stiff competition, but the EV sector is big enough to accommodate several players. Additionally, its superior technology will likely give it the edge over its competition. Hence, QS stock is a buy for the long haul.
Who invested in QS?
Top 10 Owners of Quantumscape Corp
Stockholder | Stake | Total value ($) |
---|---|---|
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 |
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 makes quantum glass battery?
Quantum Glass Battery Stocks: Toyota Motor (TM)
However, Toyota plans to develop its own batteries and announced a $13.6 billion investment in them over the next ten years.
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 are the biggest investors in QuantumScape?
Top 10 Owners of Quantumscape Corp
Stockholder | Stake | Shares owned |
---|---|---|
The Vanguard Group, Inc. | 5.12% | 17,107,861 |
BlackRock Fund Advisors | 2.47% | 8,249,534 |
Global X Management Co. LLC | 1.36% | 4,533,968 |
SSgA Funds Management, Inc. | 0.90% | 3,007,611 |
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.
Is QuantumScape profitable?
This is an impressive feat considering its 2021 cash burn rate is over $250 million. Additionally, the company is free from debt. QuantumScape is projected to report meaningful revenues by 2026 and achieve EBIT profitability the following year.
Why is QuantumScape stock up?
Why QuantumScape Stock Shot Up This Week
QuantumScape rocketed the afternoon of March 28 when an article from German business monthly, Manager Magazin, reported Porsche to be working with QuantumScape for solid-state batteries to power an electric version of its 911 sports car.
Is QS a good buy?
It faces stiff competition, but the EV sector is big enough to accommodate several players. Additionally, its superior technology will likely give it the edge over its competition. Hence, QS stock is a buy for the long haul.
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