QuantumScape Corp (QS) stock expected to rise by 12.77%: What’s driving the optimism?

A share price of QuantumScape Corp [QS] is currently trading at $4.70, up 0.86%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QS shares have gain 7.55% over the last week, with a monthly amount drifted -6.00%, and not 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.

QuantumScape Corp experienced fluctuations in its stock price throughout the past year between $4.05 and $9.52. Currently, Wall Street analysts expect the stock to reach $5.3 within the next 12 months. QuantumScape Corp [NYSE: QS] shares were valued at $4.70 at the most recent close of the market. An investor can expect a potential return of 12.77% based on the average QS price forecast.

Analyzing the QS fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.36, Equity is -0.41 and Total Capital is -0.42. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.

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 4.62 points at the first support level, and at 4.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.77, and for the 2nd resistance point, it is at 4.83.

Ratios To Look Out For

To put it in perspective, the Current Ratio for QuantumScape Corp [NYSE:QS] is 14.21. As well, the Quick Ratio is 14.21, while the Cash Ratio is 2.17.

Transactions by insiders

Recent insider trading involved Jagdeep Singh, Former Director, that happened on Mar 04 ’25 when 7.27 million shares were purchased. CHIEF LEGAL OFFICER, MCCARTHY MICHAEL O III completed a deal on Feb 21 ’25 to sell 76315.0 shares. Meanwhile, Director Prinz Fritz sold 12908.0 shares on Feb 21 ’25.

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