Streetbeat News

QS

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's (NYSE:QS) short interest has decreased by 4.1%, now representing 15.91% of its float with 55.72 million shares sold short. It would take about 6.56 days to cover all short positions. This decrease in short interest could indicate a more bullish sentiment towards QS, although it's not a direct predictor of stock price movement. QuantumScape has a higher short interest compared to its peers, with an average of 7.75% in the peer group.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 8:45 pm

Today's session highlighted unusual options activity in the Consumer Discretionary sector, tracking large transactions by 'whales'. Notable activity was observed in stocks like TSLA, BABA, AMZN, NKE, DASH, PLNT, TJX, DKNG, QS, and HLT, with various sentiments and expiration dates. This could indicate potential trading opportunities based on the divergence of market estimation from normal value.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 5:35 pm

QuantumScape's stock price has decreased following the release of their Q4 earnings report.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 4:51 pm

The U.S. stock market saw gains with the Dow Jones, S&P 500, and Nasdaq all closing higher. Coinbase, Marathon Digital Holdings, Riot Platforms, QuantumScape, and Tesla were among the top stocks gaining attention due to various factors including Bitcoin's rally, anticipated earnings, and technological advancements.

Portfolio Pulse from Benzinga Neuro

February 15, 2024 | 2:22 am

QuantumScape projects its capital expenditures for FY24 to be in the range of $70M-$120M, indicating significant investment plans.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:46 pm

QuantumScape, a leader in the development of solid-state lithium-metal batteries for electric vehicles, has announced the appointment of Siva Sivaram as its new CEO. Sivaram, who has a strong background in technology and innovation, is expected to steer QuantumScape through its next phase of growth and development.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:40 pm

QuantumScape (NYSE:QS) reported its Q4 earnings, beating estimated earnings by 32.35% with an EPS of $-0.23 versus an estimate of $-0.34. However, revenue was unchanged from the same period last year. In the previous quarter, despite beating EPS estimates, the share price dropped by 6.95% the following day.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 9:25 pm

QuantumScape reported its Q4 2023 earnings with a GAAP EPS of $(0.23), surpassing the analyst consensus estimate of $(0.43) by 46.51%. This indicates a better-than-expected financial performance for the quarter.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 9:23 pm

Earnings reports for various companies are scheduled for February 14, 2024. The report includes projections for earnings per share and revenue for a wide range of companies across different sectors, including technology, healthcare, industrial, consumer goods, and financial services. Some companies are expected to report losses, while others anticipate profits.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 9:48 am

Shares of companies in the consumer discretionary sector, including ADT, AENT, BALY, and others, are trading lower due to January CPI data indicating a higher-than-expected inflation rise.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 8:52 pm

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