QuantumScape Co. (NYSE:QS) Receives $6.06 Consensus Price Target from Brokerages

As of March 24, 2025, QuantumScape Co. (NYSE:QS) has garnered a consensus recommendation of "Reduce" from a cohort of seven analysts covering the company, according to MarketBeat Ratings. Among these analysts, one has issued a sell recommendation while six others have maintained a hold recommendation on the stock. The average 12-month price target suggested by these brokers is set at $6.06.

Recent assessments from various brokerages have highlighted QuantumScape's stock. For example, Truist Financial lowered its price target for QuantumScape shares from $7.00 to $6.00, classifying the investment as a hold in a report released on February 14th. Similarly, Evercore ISI reaffirmed a hold rating in a research report published on February 25th.

Insider Transactions at QuantumScape

In developments regarding insider trading, notable transactions have been reported. Michael O. McCarthy III, an insider, sold 76,315 shares of QuantumScape on February 21st, receiving an average price of $5.23 per share for a total of about $399,127. Following this sale, he continues to hold 1,010,523 shares valued at approximately $5,285,035.29, accounting for a 7.02% reduction in his stake. This transaction was disclosed in a filing with the Securities and Exchange Commission, which can be accessed on the SEC website. Additionally, insider Mohit Singh sold 97,305 shares on December 27th at an average price of $6.24, totaling $607,183.20. After this sale, Singh owns 1,092,020 shares, valued at around $6,814,204.80, marking an 8.18% decrease in his holdings. Recent insider sales amount to a total of 277,452 shares worth $1,542,942 in the last ninety days. Currently, company insiders hold 12.03% of QuantumScape's stock.

Institutional Trading of QuantumScape

Recent activity among institutional investors shows a mix of new stakes and adjustments in existing positions related to QuantumScape. For instance, Heck Capital Advisors LLC acquired a new stake valued at $26,000 in the fourth quarter, while Raiffeisen Bank International AG made a similar move with a stake worth about $29,000. Blue Trust Inc. increased its holdings by a significant 208.8% during this period, now owning 6,738 shares valued at $39,000 after adding 4,556 shares. Empowered Funds LLC and Atlas Legacy Advisors LLC have also both established new positions valued at around $53,000. Overall, hedge funds and other institutional investors own approximately 29.87% of QuantumScape's shares.

QuantumScape Trading Performance

On Friday, QuantumScape's shares opened at $4.54, with the company holding a market capitalization of $2.48 billion. The current price-to-earnings ratio stands at -4.83, indicating a high level of volatility, with a beta of 4.45. Over the past year, the stock has seen a low of $4.05 and a high of $9.52. The company's 50-day moving average is $4.89, while the 200-day moving average is $5.22. QuantumScape’s quick ratio and current ratio are both high at 14.07, demonstrating significant liquidity, with a minimal debt-to-equity ratio of 0.03.

For its most recent earnings report announced on February 12th, QuantumScape recorded an earnings per share (EPS) of ($0.22), which fell short of the consensus estimate of ($0.21) by $0.01. Analysts are projecting an average EPS of -0.82 for the current year, indicating ongoing challenges for the firm.

About QuantumScape

QuantumScape Corporation is focused on researching and developing solid-state lithium-metal batteries, primarily for use in electric vehicles and other similar applications. Founded in 2010, the company is based in San Jose, California.

QuantumScape, Stocks, Investment