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.
Similarly, Where can I buy QS stock?
Invest in QuantumScape on Stash
, you can buy QuantumScape stock in any dollar amount, or any other fund or stock you know on Stash.
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.
Thereof, Is QuantumScape overvalued?
QuantumScape Stock Remains Overvalued Despite Morgan Stanley Downgrade. QuantumScape (NYSE:QS) has the potential to lead the electric vehicle (EV) revolution due to its solid-state battery technology. That potential has fueled a 87% gain in the QS stock price over the last 12 months.
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 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.
Is QS a long term hold?
Thus, greater potential future revenue streams. Again, QS stock remains a long-term play. The market realizes that it faces competition between now and commercialization.
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.
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.
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.
Is QuantumScape generating revenue?
Quantumscape (NYSE:QS) is down 29% year-t0-date and off more than 61% from its peak on Nov. 15. The company’s latest earnings report shows no revenue, as expected, and continuing losses. However, capex was as expected.
Is fluence energy a good stock to buy?
Fluence Energy has received a consensus rating of Buy. The company’s average rating score is 2.65, and is based on 12 buy ratings, 4 hold ratings, and 1 sell rating.
Why is QuantumScape stock 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 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 |
How much is quantum space?
Cl A Stock Quote (U.S.: NYSE) | MarketWatch.
…
$ 14.86.
| Close | Chg | Chg % |
|---|---|---|
| $14.90 | -0.95 | -5.99% |
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 |
Who is the CEO of QuantumScape?
Chairman/Pres/CEO/Co-Founder, Quantumscape Corp.
Where is QuantumScape?
San Jose, California, U.S. 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.
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.
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.
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