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

4.74

Mkt cap

2.4B

Volume

High

4.83

P/E Ratio

-4.98

52-wk high

10.03

Low

4.65

Div yield

N/A

52-wk low

4.65

Goldman Sachs has maintained its Sell rating for QuantumScape (NYSE:QS) and lowered its price target from $6.00 to $5.00. QuantumScape's shares are currently trading down 5.09% over the last 24 hours, at $6.15 per share. A move to $5.00 would account for a 18.7% decline from the current share price.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 5:00 pm

Goldman Sachs analyst Mark Delaney maintains a 'Sell' rating on QuantumScape (NYSE:QS) and has lowered the price target from $6 to $5.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 12:27 pm

Evercore ISI Group analyst Chris McNally has initiated coverage on QuantumScape (NYSE:QS) with an Outperform rating and a price target of $10.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 10:16 am

Energy Secretary Jennifer Granholm announced that the U.S. is making $3.5 billion available for domestic battery manufacturing and up to $12 billion for automakers and suppliers to retrofit facilities to produce electric vehicles (EVs).

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 3:22 pm

QuantumScape Corp's shares are trading lower by 2.0% following the announcement of a $300 million public offering of Class A common stock. The underwriters have a 30-day option to purchase up to an additional 5.6 million shares at the offering price. The public offering closed on Tuesday, August 8. Evercore ISI and Morgan Stanley were joint lead book-running managers for the offering, with Goldman Sachs & Co. LLC and UBS Investment Bank acting as additional book-running managers.

Portfolio Pulse from Henry Khederian

August 10, 2023 | 3:50 pm

QuantumScape Corp's shares are trading lower by 2.4% following the announcement of a $300 million public offering of Class A common stock. The underwriters have a 30-day option to purchase up to an additional 5.6 million shares at the offering price. The offering is set to close on August 8. Evercore ISI and Morgan Stanley were joint lead book-running managers, with Goldman Sachs & Co. LLC and UBS Investment Bank as additional book-running managers.

Portfolio Pulse from Henry Khederian

August 07, 2023 | 5:48 pm

The article lists the stocks that gained and lost the most during Friday's mid-day trading session. Among the gainers were Missfresh Limited, United States Cellular Corporation, and Tupperware Brands Corporation, while the losers included Mesoblast Limited, Assertio Holdings, Inc., and INVO Bioscience, Inc. ResMed Inc. shares fell by 15.3% due to worse-than-expected fourth-quarter adjusted EPS results.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 4:55 pm

QuantumScape Corp (NASDAQ:QS) shares dropped by 11.3% after the company announced a $300 million public offering of Class A common stock. The underwriters have a 30-day option to purchase up to an additional 5.6 million shares at the offering price. The offering is set to close on August 8. Evercore ISI and Morgan Stanley were joint lead book-running managers, with Goldman Sachs & Co. LLC and UBS Investment Bank as additional book-running managers.

Portfolio Pulse from Henry Khederian

August 04, 2023 | 3:32 pm

QuantumScape has announced the pricing of a $300 million public offering of Class A common stock, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:28 pm

During Friday's pre-market session, several consumer discretionary stocks experienced significant movement. Tupperware Brands, Polished.com, Digital Brands Group, DraftKings, Xponential Fitness, and Esports Entertainment saw increases, while Lottery.com, QuantumScape, The One Group Hospitality, JOANN, Funko, and Dixie Gr experienced decreases. Q2 earnings reports were released for several of these companies.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 3:26 pm

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