At the time of writing, QuantumScape Corp [QS] stock is trading at $6.58, up 9.67%. An important factor to consider is whether the stock is rising or falling in short-term value. The QS shares have gain 10.59% over the last week, with a monthly amount glided 34.29%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
QuantumScape Corp [NYSE: QS] stock has seen the most recent analyst activity on November 19, 2024, when HSBC Securities upgraded its rating to a Hold but kept the price target unchanged to $5.30 for it. William Blair started tracking the stock assigning a Mkt Perform rating. HSBC Securities initiated its recommendation with a Reduce and recommended $4.70 as its price target on December 04, 2023. Evercore ISI started tracking with a Outperform rating for this stock on September 18, 2023, and assigned it a price target of $10. In a note dated July 19, 2023, TD Cowen downgraded an Market Perform rating on this stock and revised its target price from $14 to $8.
For the past year, the stock price of QuantumScape Corp fluctuated between $4.65 and $10.03. Currently, Wall Street analysts expect the stock to reach $6.15 within the next 12 months. QuantumScape Corp [NYSE: QS] shares were valued at $6.58 at the most recent close of the market. An investor can expect a potential drop of -6.53% 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 of0.01.
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 6.21 points at the first support level, and at 5.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.91, and for the 2nd resistance point, it is at 7.24.
Ratios To Look Out For
It is important to note that QuantumScape Corp [NYSE:QS] has a current ratio of 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 Singh Mohit, CHIEF DEVELOPMENT OFFICER, that happened on Dec 27 ’24 when 97305.0 shares were sold. CHIEF DEVELOPMENT OFFICER, Singh Mohit completed a deal on Dec 26 ’24 to sell 82695.0 shares. Meanwhile, Officer Singh Mohit bought 97305.0 shares on Dec 27 ’24.