Streetbeat News

QuantumScape Corporation

https://www.quantumscape.com

Industry

Auto - Parts

QuantumScape Corporation, a development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

Open

5.07

Mkt cap

2.6B

Volume

13M

High

5.13

P/E Ratio

-5.25

52-wk high

10.03

Low

4.93

Div yield

N/A

52-wk low

4.67

Deutsche Bank analyst Winnie Dong has reinstated a Hold rating on QuantumScape (NYSE:QS) and set a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:58 am

Stocks in the battery technology sector are rising due to trends in renewable energy and clean energy policies. Tesla, Albemarle, and QuantumScape are seeing stock increases. Related industries like semiconductor and solar energy, represented by Applied Materials and Enphase Energy, may also benefit.

Portfolio Pulse from benjamin.locke11@yahoo.com

August 26, 2024 | 4:18 pm

Truist Securities analyst Jordan Levy has reiterated a Hold rating on QuantumScape (NYSE:QS) and raised the price target from $6 to $7.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 2:10 pm

Benzinga's Stock Whisper Index highlights five stocks that are gaining interest among investors: Gilead Sciences, QuantumScape, Marsh & McLennan Corporation, ON Semiconductor, and Costco Wholesale Corporation. Key updates include Gilead's HIV treatment data, QuantumScape's earnings miss and liquidity update, Marsh & McLennan's acquisition, ON Semiconductor's earnings beat and supply agreement, and Costco's membership fee hike.

Portfolio Pulse from Chris Katje

August 02, 2024 | 4:09 pm

The article highlights significant options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in stocks like TSLA, CVNA, LCID, SBUX, QS, RIVN, AMZN, UPBD, PDD, and DASH. These trades could indicate potential short-term price movements.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 5:35 pm

QuantumScape Corporation (NYSE:QS) shares are down 8.71% after reporting a larger-than-expected loss of 25 cents per share for the second quarter of fiscal year 2024. The company also reported $18.9 million in capital expenditures and ended the quarter with $938 million in liquidity. Despite the earnings miss, QuantumScape maintains its full-year guidance and finalized a significant deal with Volkswagen Group to advance solid-state battery technology.

Portfolio Pulse from Dylan Berman

July 25, 2024 | 6:56 pm

QuantumScape shares are trading lower after the company reported worse-than-expected EPS results.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:51 pm

Edwards Lifesciences Corporation (NYSE:EW) shares fell sharply after reporting worse-than-expected Q2 sales and issuing weak Q3 guidance. Despite beating EPS estimates, the stock dipped 26.9%. The company also acquired JenaValve and Endotronix. Other notable movers include Predictive Oncology Inc. (NASDAQ:POAI), Psyence Biomedical Ltd. (NASDAQ:PBM), and Ford Motor Company (NYSE:F).

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 6:12 pm

Ford, Edwards Lifesciences, MaxLinear, STMicroelectronics, Teradyne, QuantumScape, Stellantis, Honeywell, and Warner Bros. Discovery saw significant pre-market declines following disappointing earnings and guidance. Ford missed EPS estimates despite revenue growth, while others like Edwards Lifesciences and MaxLinear also reported worse-than-expected results.

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 1:12 pm

QuantumScape Corporation (NYSE:QS) reported a GAAP quarterly loss of 25 cents per share, missing analyst estimates. The company ended Q2 with $938 million in liquidity and extended its cash runway to 2028 due to a licensing deal with PowerCo. Despite maintaining its full-year 2024 guidance, QS shares fell 5.09% after-hours.

Portfolio Pulse from Erica Kollmann

July 24, 2024 | 9:18 pm

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