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

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

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:30 pm

QuantumScape (NYSE:QS) reported a Q2 2024 GAAP EPS of $(0.25), missing the analyst consensus estimate of $(0.23) by 8.7%.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:20 pm

Shares of companies within the broader consumer discretionary sector are trading higher following a rise in June retail sales, indicating continued consumer spending.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 6:38 pm

QuantumScape's (NYSE:QS) short interest has fallen by 3.96%, with 53.98 million shares sold short, representing 14.79% of its float. This is higher than the peer group average of 6.99%. It would take traders 10.69 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 4:45 pm

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions, revealing market sentiment and possible price movements for stocks like AMZN, GME, TSLA, RIVN, QS, CHWY, BOOT, NIO, BABA, and LEN. The activity ranged from neutral to bullish or bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 5:35 pm

Shares of 'meme stocks' and high-short interest stocks are experiencing a surge following the return of popular retail trader 'Roaring Kitty' to social media. This movement indicates a renewed interest in these volatile market segments.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 2:40 pm

Corporate earnings have recently uplifted the market, overcoming rate fears. The upcoming week features earnings reports from major companies including Apple and Amazon, which could significantly influence market trends. Analysts anticipate Apple to report a slight earnings beat but expect a lower revenue guide for the June quarter, while Amazon is expected to continue showing strong sales and profit growth. The performance of these companies, especially in sectors like e-commerce, tech, and healthcare, will be closely watched for their impact on the S&P 500 Index.

Portfolio Pulse from Shanthi Rexaline

April 29, 2024 | 5:51 am

QuantumScape shares are experiencing a reversal in trading, bouncing back from the previous day's weakness after the company reported its Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 6:04 pm

QuantumScape's stock trades lower following Q1 financial results and UBS's decision to maintain a Neutral rating while reducing the price target from $9 to $5.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:54 pm

UBS analyst Joseph Spak maintains a Neutral rating on QuantumScape (NYSE:QS) and lowers the price target from $9 to $5.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:29 pm

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