Brokerages Set QuantumScape Co. (NYSE:QS) Price Target at $5.13

Market Beat
2025.04.18 05:28
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Brokerages have set a consensus price target of $5.13 for QuantumScape Co. (NYSE:QS), with a recommendation to "Reduce" from eight ratings firms. Three analysts rated the stock as a sell, while five issued hold recommendations. UBS Group downgraded the stock from neutral to sell, lowering its target price from $5.00 to $2.50. Recent insider sales and institutional investments have also been noted, with 29.87% of shares owned by institutional investors. QuantumScape's stock opened at $3.81, with a market cap of $2.08 billion and a 12-month price range of $3.40 to $9.52.

Shares of QuantumScape Co. (NYSE:QS - Get Free Report) have earned an average rating of "Reduce" from the eight brokerages that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $5.13.

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A number of research firms have weighed in on QS. UBS Group lowered QuantumScape from a "neutral" rating to a "sell" rating and reduced their target price for the stock from $5.00 to $2.50 in a research note on Thursday, April 10th. Evercore ISI reiterated a "hold" rating on shares of QuantumScape in a report on Tuesday, February 25th. Truist Financial dropped their target price on shares of QuantumScape from $7.00 to $6.00 and set a "hold" rating on the stock in a research note on Friday, February 14th. Finally, The Goldman Sachs Group decreased their price target on shares of QuantumScape from $4.00 to $3.00 and set a "sell" rating for the company in a research note on Thursday, April 10th.

Get Our Latest Research Report on QuantumScape

Insider Activity

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In other QuantumScape news, CFO Kevin Hettrich sold 36,949 shares of QuantumScape stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $5.06, for a total value of $186,961.94. Following the transaction, the chief financial officer now owns 1,024,325 shares in the company, valued at $5,183,084.50. The trade was a 3.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael O. Mccarthy III sold 76,315 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $5.23, for a total transaction of $399,127.45. Following the sale, the insider now directly owns 1,010,523 shares of the company's stock, valued at approximately $5,285,035.29. The trade was a 7.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 180,147 shares of company stock worth $935,758. 12.03% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank purchased a new position in QuantumScape in the fourth quarter worth $17,762,000. Dimensional Fund Advisors LP grew its stake in QuantumScape by 55.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,814,127 shares of the company's stock worth $30,183,000 after buying an additional 2,066,844 shares during the last quarter. Vanguard Group Inc. increased its position in QuantumScape by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 32,440,612 shares of the company's stock valued at $168,367,000 after buying an additional 956,072 shares in the last quarter. Centiva Capital LP raised its stake in QuantumScape by 479.0% in the fourth quarter. Centiva Capital LP now owns 558,715 shares of the company's stock valued at $2,900,000 after buying an additional 462,218 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in QuantumScape by 1,091.5% in the fourth quarter. American Century Companies Inc. now owns 432,455 shares of the company's stock worth $2,244,000 after acquiring an additional 396,160 shares in the last quarter. Hedge funds and other institutional investors own 29.87% of the company's stock.

QuantumScape Stock Performance

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Shares of NYSE:QS opened at $3.81 on Tuesday. The company has a current ratio of 14.07, a quick ratio of 14.07 and a debt-to-equity ratio of 0.03. QuantumScape has a 12 month low of $3.40 and a 12 month high of $9.52. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of -4.05 and a beta of 4.37. The firm's 50-day moving average is $4.41 and its 200 day moving average is $4.98.

QuantumScape (NYSE:QS - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by ($0.01). Research analysts predict that QuantumScape will post -0.82 EPS for the current year.

About QuantumScape

(Get Free Report

QuantumScape Corporation, a research and development stage company, focuses on 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.

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