QuantumScape (NYSE:QS) Stock Rating Raised to “Hold” at William Blair

QuantumScape (NYSE:QS) was upgraded by equities research analysts at William Blair to a “hold” rating in a research report issued to clients and investors on Thursday, Zacks reports.

QS has been the topic of a number of other reports. Robert W. Baird lowered their price target on QuantumScape from $8.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday. TD Cowen cut their price objective on QuantumScape from $8.00 to $6.00 and set a “hold” rating for the company in a report on Friday, July 24th. Finally, Morgan Stanley cut their price objective on QuantumScape from $8.50 to $4.50 and set an “equal weight” rating for the company in a report on Thursday, October 15th. Six investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, QuantumScape currently has a consensus rating of “Hold” and an average price target of $7.36.

QuantumScape Stock Performance

NYSE QS opened at $4.03 on Thursday. The stock has a market cap of $2.50 billion, a P/E ratio of -4.98 and a beta of 2.83. The company’s 50-day simple moving average is $4.99 and its 200 day simple moving average is $6.32. QuantumScape has a twelve month low of $3.80 and a twelve month high of $18.56. The company has a quick ratio of 21.14, a current ratio of 21.14 and a debt-to-equity ratio of 0.02.

QuantumScape (NYSE:QS) last announced its quarterly earnings results on Wednesday, October 21st. The company reported ($0.14) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.03. During the same quarter in the prior year, the firm posted ($0.18) EPS. QuantumScape’s revenue for the quarter was up .0% compared to the same quarter last year. As a group, research analysts forecast that QuantumScape will post -0.82 earnings per share for the current fiscal year.

Insider Transactions at QuantumScape

In other QuantumScape news, CTO Timothy Holme sold 75,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $5.09, for a total value of $381,750.00. Following the completion of the transaction, the chief technology officer directly owned 1,583,075 shares of the company’s stock, valued at approximately $8,057,851.75. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have sold 294,599 shares of company stock worth $1,473,271. 3.93% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. TD Waterhouse Canada Inc. boosted its stake in QuantumScape by 101.5% in the second quarter. TD Waterhouse Canada Inc. now owns 5,361 shares of the company’s stock valued at $41,000 after acquiring an additional 2,700 shares during the last quarter. Vestor Capital LLC grew its holdings in QuantumScape by 255.2% during the 1st quarter. Vestor Capital LLC now owns 8,000 shares of the company’s stock worth $51,000 after acquiring an additional 5,748 shares during the period. Onyx Bridge Wealth Group LLC bought a new stake in shares of QuantumScape during the 1st quarter valued at $65,000. Cobblestone Asset Management LLC bought a new stake in shares of QuantumScape during the 1st quarter valued at $68,000. Finally, QRG Capital Management Inc. bought a new stake in shares of QuantumScape during the 1st quarter valued at $74,000. Institutional investors own 29.87% of the company’s stock.

Key QuantumScape News

Here are the key news stories impacting QuantumScape this week:

• Positive Sentiment: QuantumScape reported a third-quarter loss of $84.5 million, or $0.14 per share, narrower than both the prior-year loss and analysts’ $0.17-per-share estimate. Lower operating expenses helped improve results. QuantumScape’s Q3 Loss Narrows on Lower Operating Costs
• Positive Sentiment: The company announced plans for a 100-megawatt-hour solid-state battery production line, targeted to begin production in 2028, with applications in AI data centers, aerospace and defense. QuantumScape will work with Muehlbauer Group on manufacturing automation equipment. QuantumScape Announces Plans for 100 MWh Solid-State Battery Production Line
• Positive Sentiment: Management said potential AI data-center customers are seeking battery supply at volume, while QuantumScape recorded its first customer billings from Honda. These developments support the company’s effort to move beyond prototype production and toward commercial demand. QuantumScape: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: The production-line plan is strategically significant but remains a 2028 target; investors still need evidence of customer commitments, financing and successful manufacturing scale-up before assigning substantial commercial value.
• Negative Sentiment: Robert W. Baird lowered its price target from $8 to $6 and maintained a neutral rating, reflecting continued uncertainty despite the potential upside. Robert W. Baird QuantumScape Rating
• Negative Sentiment: Shares remain well below their 50-day and 200-day moving averages and have fallen sharply over the past year, while commentary suggests the stock may already reflect considerable future battery-expansion optimism.

About QuantumScape

QuantumScape Corporation is a development-stage battery technology company focused on solid-state lithium-metal batteries. Its technology is designed to replace the liquid or gel electrolytes used in conventional lithium-ion batteries with a solid-state separator, with the goal of improving energy density, charging performance, safety and operating range for electric vehicles.

The company is developing prototype battery cells and related manufacturing processes for automotive applications.