Key Points
- Jeffrey Straubel, a QuantumScape director, sold 157,171 shares on Dec. 19 at an average of $11.38 for proceeds of about $1.79M, reducing his ownership by 37.07% to 266,828 shares (≈$3.04M).
- QuantumScape shares opened at $11.49, the company has a market cap of $6.91B, a negative P/E of -14.19, and a 52‑week range of $3.40–$19.07.
- Analyst views are mixed but MarketBeat shows a consensus "Reduce" rating with a consensus target of $9.17, while individual price targets cited range roughly from $5 to $16.
QuantumScape Corporation (NYSE:QS - Get Free Report) Director Jeffrey Straubel sold 157,171 shares of QuantumScape stock in a transaction on Friday, December 19th. The shares were sold at an average price of $11.38, for a total value of $1,788,605.98. Following the sale, the director directly owned 266,828 shares of the company's stock, valued at approximately $3,036,502.64. This trade represents a 37.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
QuantumScape Stock Up 0.5%
Shares of QuantumScape stock opened at $11.49 on Tuesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 21.14 and a quick ratio of 21.14. The stock has a market cap of $6.91 billion, a price-to-earnings ratio of -14.19 and a beta of 2.76. The firm's 50-day moving average is $13.83 and its two-hundred day moving average is $10.93. QuantumScape Corporation has a 1 year low of $3.40 and a 1 year high of $19.07.
QuantumScape (NYSE:QS - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The company reported ($0.18) EPS for the quarter, hitting the consensus estimate of ($0.18). During the same period in the prior year, the business earned ($0.23) earnings per share. As a group, research analysts expect that QuantumScape Corporation will post -0.82 earnings per share for the current fiscal year.
Institutional Investors Weigh In On QuantumScape
A number of institutional investors have recently modified their holdings of QS. Tsfg LLC lifted its stake in QuantumScape by 233.3% in the 3rd quarter. Tsfg LLC now owns 2,000 shares of the company's stock valued at $25,000 after buying an additional 1,400 shares in the last quarter. REAP Financial Group LLC raised its holdings in shares of QuantumScape by 300.0% during the third quarter. REAP Financial Group LLC now owns 2,000 shares of the company's stock valued at $25,000 after acquiring an additional 1,500 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of QuantumScape by 538.7% during the third quarter. Global Retirement Partners LLC now owns 2,312 shares of the company's stock valued at $28,000 after acquiring an additional 1,950 shares during the last quarter. VSM Wealth Advisory LLC lifted its position in shares of QuantumScape by 46.8% in the third quarter. VSM Wealth Advisory LLC now owns 2,352 shares of the company's stock valued at $29,000 after acquiring an additional 750 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB boosted its stake in shares of QuantumScape by 67.0% in the third quarter. Wilmington Savings Fund Society FSB now owns 2,505 shares of the company's stock worth $31,000 after acquiring an additional 1,005 shares during the last quarter. 29.87% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms have recently commented on QS. HSBC downgraded shares of QuantumScape from a "hold" rating to a "reduce" rating and lifted their price objective for the stock from $5.30 to $10.50 in a research note on Wednesday, November 19th. TD Cowen lifted their price target on QuantumScape from $5.00 to $16.00 and gave the stock a "hold" rating in a research report on Thursday, October 30th. Deutsche Bank Aktiengesellschaft set a $10.00 price target on QuantumScape and gave the company a "hold" rating in a research note on Thursday, October 23rd. Morgan Stanley assumed coverage on QuantumScape in a research note on Monday, December 8th. They issued an "equal weight" rating and a $12.00 price objective for the company. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of QuantumScape in a report on Wednesday, October 8th. Seven analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Reduce" and a consensus target price of $9.17.
View Our Latest Stock Report on QS
QuantumScape Company Profile
(
Get Free Report)
QuantumScape Corporation is a development-stage company specializing in the research and commercialization of next-generation solid-state lithium-metal batteries for electric vehicles. The company's core technology replaces the traditional liquid electrolyte with a solid ceramic separator, aiming to deliver higher energy density, faster charging times and enhanced safety compared to conventional lithium-ion cells. QuantumScape's product roadmap focuses on enabling electric vehicle manufacturers to extend driving range and reduce charging downtime, addressing key barriers to widespread EV adoption.
Founded in 2010 and headquartered in San Jose, California, QuantumScape has attracted significant strategic investment and formed partnerships with leading automotive OEMs.
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