QuantumScape Corporation (NYSE: QS) has recently undergone analysis by industry experts to determine its ratings. The feedback from analysts is as follows:
– Bullish: 0
– Somewhat Bullish: 1
– Indifferent: 2
– Somewhat Bearish: 0
– Bearish: 1
These ratings provide insight into the sentiment surrounding QuantumScape Corporation.
Looking ahead to the next 12 months, based on estimates from four analysts, the average price target for QuantumScape is projected to be $7.00. The high estimate is $10.00, while the low estimate stands at $5.00. This represents a 12.5% decrease from the previous average price target of $8.00.
Analysts play a crucial role in evaluating companies. They meticulously examine financial statements, attend meetings, and engage with insiders to form their ratings. Typically, analysts review and rate stocks on a quarterly basis, often providing predictions for various metrics such as growth estimates, earnings, and revenue.
For those interested in staying updated on analyst ratings, platforms like Benzinga Pro offer access to current ratings and analyst success scores.
While analyst ratings are valuable for investors, it is important to remember that these ratings are subjective opinions. Analysts are human and their assessments are the result of a comprehensive evaluation of a company’s financials, market performance, and future prospects conducted by seasoned professionals.
Updated on: 30/11/2023
Debt to equity ratio: Neutral
Price to earnings ratio: Strong Sell
Price to book ratio: Strong Buy
DCF: Strong Buy
7:00 PM (UTC)
Date:30 November, 2023
|Analyst / firm||Rating|
Industrial Alliance Securities
QS Stock Performance and Earnings Growth: November 20, 2023 Update
QS, or QuantumScape Corporation, is a company in the producer manufacturing sector that specializes in electrical products. On November 20, 2023, the stock market performance of QS was as follows:
– Previous close: $6.06
– Today’s open: $6.08
– Day’s range: $5.94 – $6.21
– Volume: 3,923,711
– Average volume (3 months): 7,556,634
– Market cap: $3.0 billion
Looking at the earnings growth, QS experienced a significant decline in earnings last year, with a growth rate of -736.76%. However, the company has shown improvement this year, with a positive earnings growth rate of +13.72%. Looking ahead, the projected earnings growth for the next five years is relatively low at +0.45%.
The next reporting date for QS is on February 14, 2024. The EPS forecast for this quarter is -$0.20. In the previous year, the company reported annual revenue of $0.00 and a loss of -$411.9 million in profit.
Despite the lack of detailed financial information, QS’s stock performance on November 20, 2023, shows a slight increase in the stock’s value from the previous close. Investors will need to closely monitor the company’s financial performance and future earnings reports to make informed decisions about investing in QS.
QS Stock Performance: Stable on November 20, 2023 with a Median Target Price of $6.50
QS stock performances on November 20, 2023, were relatively stable, with a median target price of $6.50, according to data from CNN Money. The 12-month price forecasts provided by 8 analysts ranged from a low estimate of $3.00 to a high estimate of $10.00.
The median estimate of $6.50 represents a +7.17% increase from the last price of $6.07. This indicates that the analysts are generally optimistic about the future performance of Quantumscape Corp.
The current consensus among the 8 polled investment analysts is to hold the stock in Quantumscape Corp. This rating has remained unchanged since October, suggesting that there has been no significant change in the sentiment towards the company.
Investors should consider these factors and conduct their own research before making any investment decisions.
In terms of the company’s financial performance, the current quarter earnings per share for Quantumscape Corp are reported to be -$0.20, indicating a loss. However, it is worth noting that sales for the current quarter are reported as $0.00, which may be a temporary or unusual situation.
Investors should keep an eye on the company’s reporting date of February 14, as it may provide further insights into the company’s financial performance and outlook.
Overall, while the stock’s performance on November 20, 2023, was relatively stable, investors should consider the analysts’ median target price and the hold rating from investment analysts when making investment decisions. It is also important to stay updated on the company’s financial reports and news to assess its future prospects accurately.