QuantumScape Corp [QS] stock is trading at $5.69, down -8.08%. An important factor to consider is whether the stock is rising or falling in short-term value. The QS shares have gain 9.42% over the last week, with a monthly amount drifted -5.32%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On December 18, 2023, William Blair initiated with a Mkt Perform rating. HSBC Securities started tracking the stock assigning a Reduce rating and suggested a price target of $4.70 on December 04, 2023. Evercore ISI initiated its recommendation with a Outperform and recommended $10 as its price target on September 18, 2023. TD Cowen downgraded its rating to Market Perform for this stock on July 19, 2023, and downed its price target to $8. In a note dated June 08, 2023, Wolfe Research downgraded an Underperform rating on this stock but restated the target price of $2.
QuantumScape Corp [QS] stock has fluctuated between $4.67 and $10.03 over the past year. Currently, Wall Street analysts expect the stock to reach $11.2 within the next 12 months. QuantumScape Corp [NYSE: QS] shares were valued at $5.69 at the most recent close of the market. An investor can expect a potential return of 96.84% based on the average QS price forecast.
Analyzing the QS fundamentals
Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at -7.04%, Pretax Profit Margin comes in at -6.44%, and Net Profit Margin reading is -6.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.37, Equity is -0.39 and Total Capital is -0.43. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.45 points at the first support level, and at 5.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.09, and for the 2nd resistance point, it is at 6.49.
Ratios To Look Out For
For context, QuantumScape Corp’s Current Ratio is 14.07. On the other hand, the Quick Ratio is 14.07, and the Cash Ratio is 2.88.
Transactions by insiders
Recent insider trading involved Hettrich Kevin, CHIEF FINANCIAL OFFICER, that happened on Oct 09 ’24 when 34607.0 shares were sold. Director, Singh Jagdeep completed a deal on Oct 07 ’24 to sell 0.19 million shares. Meanwhile, Director Singh Jagdeep sold 57690.0 shares on Oct 07 ’24.