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.
How much is a QS stock worth?
Mar 24, 2021 · What happened. For the second day in a row, shares of solid-state battery technology company QuantumScape ( QS -2.44% ) dropped by double digits. As of 1:45 p.m. EDT Wednesday, QuantumScape shares ...
Will QS stock rise or fall after the shareholder suit?
Jan 19, 2022 · Shareholders are alleging that the company lied about both battery quality and performance-measuring tests. QS stock has been falling since news broke of the shareholder suit. After a sharp...
Will QuantumScape's (QS) earnings decline in the coming year?
Nov 16, 2021 · 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...
What is the upside for QuantumScape (QSC) stock?
The stock price of QuantumScape Corp (NYSE: QS) fell 40.84% as it went from a previous close of $84.45 to $49.96 per share today. There were some bearish triggers that caused the stock price to fall. Bearish Trigger: S-1 Form Reveals Option For Private Placement Investors To Sell Shares
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 ...Jan 10, 2022
Is QS stock a good investment?
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.Dec 30, 2021
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.Dec 14, 2021
Does QuantumScape have a future?
QuantumScape will be creating 200,000 cells in a state-of-the-art manufacturing facility for electric test vehicles in 2022.Aug 13, 2021
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.Aug 2, 2021
Is QS A Buy Sell or Hold?
Out of 4 analysts, 0 (0%) are recommending QS as a Strong Buy, 0 (0%) are recommending QS as a Buy, 4 (100%) are recommending QS as a Hold, 0 (0%) are recommending QS as a Sell, and 0 (0%) are recommending QS as a Strong Sell. What is QS's earnings growth forecast for 2022-2024?
Who invested in QuantumScape?
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.Feb 22, 2022
Who are QuantumScape competitors?
Top 10 Quantumscape Competitors and Alternatives1 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.More items...
Who is the CEO of QuantumScape?
Jagdeep SinghIndian-origin Jagdeep Singh is the CEO of the energy storage American startup company QuantumScape Corp. According to Jagdeep Singh's LinkedIn profile, Jagdeep is the founder and CEO of QuantumScape Corp.Dec 26, 2021
Who does QuantumScape make batteries for?
VolkswagenQuantumScape was founded in 2010. Since 2012, the company has been working with Volkswagen, which has invested $300 million in the project as QuantumScape meets key performance metrics for solid state batteries.Dec 20, 2021
Why It Matters
Frankly, there’s no reason that QS stock should go up anytime soon. A shareholder lawsuit rarely ends well for a publicly traded company. Even if the claims against it are thrown out, the negative momentum it generates will drive down prices in the short term as investor confidence wains.
What It Means
This company has big plans for the future that they may have to scrap, at least for now. Unless a complete change in leadership occurs and the company is able to demonstrate complete evidence of progress, it will be hard for investors to confidence assess QS stock as a winner.
About QuantumScape
QuantumScape Corporation, a development stage company, engages in the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.
Headlines
Is QS Stock a Buy After Earnings? 3 Analysts Weigh In on QuantumScape Price Predictions. - Investorplace.com
QuantumScape (NYSE:QS) Frequently Asked Questions
5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for QuantumScape in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" QuantumScape stock.
What is Quantumscape Corp?
QuantumScape Corp (NYSE: QS), a solid-state battery maker for electric vehicles, is considering third-party lab tests for its cells later this year, founder and CEO Jagdeep Singh said on Monday. What Ha...
What are the most traded stocks in 2021?
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