Home  »  Industry   »  QuantumScape Corporation (QS) – The 23.6% Up...

QuantumScape Corporation (QS) – The 23.6% Upside Potential Remains

QuantumScape Corporation (NYSE: QS) is -49.79% lower on its value in year-to-date trading and has touched a low of $9.74 and a high of $132.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QS stock was last observed hovering at around $44.37 in the last trading session, with the day’s loss setting it -1.97% off its average median price target of $55.50 for the next 12 months. It is also 39.43% off the consensus price target high of $70.00 offered by 4 analysts, but current levels are 18.46% higher than the price target low of $52.00 for the same period.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $42.40, the stock is -21.01% and -18.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.76 million and changing -4.44% at the moment leaves the stock 10.95% off its SMA200. QS registered a gain of 147.23% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $54.26 and a 200-day simple moving average (SMA200) of $41.44.

The stock witnessed a -22.81% loss in the last 1 month and extending the period to 3 months gives it a -63.06%, and is -34.05% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.70% over the week and 12.53% over the month.

Distance from 52-week low is 335.32% and -68.06% from its 52-week high.

QuantumScape Corporation (QS) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for QuantumScape Corporation (QS) is a “Overweight”. 4 analysts offering their recommendations for the stock have an average rating of 2.50, where 2 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

QuantumScape Corporation quarterly earnings per share for the current quarter are estimated at -$0.06.The EPS is expected to grow by 93.60% this year.

QuantumScape Corporation (QS) Top Institutional Holders

79 institutions hold shares in QuantumScape Corporation (QS), with 167.1M shares held by insiders accounting for 45.59% while institutional investors hold 19.32% of the company’s shares. The shares outstanding are 252.14M, and float is at 99.53M with Short Float at 11.79%. Institutions hold 10.51% of the Float.

The top institutional shareholder in the company is FMR, LLC with over 12.5 million shares valued at $1.06 billion. The investor’s holdings represent 5.94% of the QS Shares outstanding. As of Dec 30, 2020, the second largest holder is Janus Henderson Group PLC with 9.03 million shares valued at $762.51 million to account for 4.29% of the shares outstanding. The other top investors are Board of Trustees of The Leland Stanford Jr University which holds 7.75 million shares representing 3.69% and valued at over $654.71 million, while Norges Bank Investment Management holds 3.09% of the shares totaling 6.5 million with a market value of $548.92 million.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

Hot Penny Stocks to Watch Today

The Covid-19 pandemic has made the biggest impact on blue chips and under $1 stocks (penny stocks), as is typical of the general business environment.




Download Free eBook For

100% free. stop anytime no spam