What is the current Price Target and Forecast for QuantumScape (QS) (2024)

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What is the current Price Target and Forecast for QuantumScape (QS)? ›

Stock Price Forecast

Valuation metrics show that QuantumScape Corporation may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of QS, demonstrate its potential to underperform the market. It currently has a Growth Score of C.

QuantumScape is forecast to grow earnings and revenue by 4.3% and 75.6% per annum respectively. EPS is expected to grow by 6.7% per annum. Return on equity is forecast to be -42.2% in 3 years.

A $25 price target looks like a reasonable target for 2025. There are no guarantees, of course, but QuantumScape's battery technology is unique, and the company's products could become a favorite among automotive manufacturers.

QuantumScape's stock is difficult to value, but Markets and Markets expects the solid-state battery market to grow at a CAGR of 41.5% from 2023 to 2030. If QuantumScape successfully commercializes and mass-produces its batteries, it could have a good shot at matching or exceeding the market's long-term growth rate.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Capricorn Investment Group LLC, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, NAESX - Vanguard Small-Cap Index Fund Investor Shares, State Street Corp, Geode Capital Management, Llc, VEXMX - Vanguard Extended Market Index Fund Investor ...

QuantumScape's analyst rating consensus is a Hold. This is based on the ratings of 6 Wall Streets Analysts.

Key Points. Solid Power looks to be on the right track with its solid-state batteries. Competitor QuantumScape may beat them to the punch, though. There will be room for more than one supplier if the technology performs as its testing is implying.

The Quantumscape stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.

What is the future of QuantumScape? ›

QuantumScape's plans for 2024 are on track

QuantumScape is building solid-state batteries that are lighter, safer, more energy-dense, and can recharge quicker than the traditional lithium-ion batteries that power most EVs on the roads today.

QuantumScape is in the pre-production stage. It's not operating commercially and needs significant funding to reach that stage. Analysts at HSBC (NYSE:HSBC) believe the QS won't generate any meaningful revenue until 2027 at the earliest. It also won't be cash flow positive until 2031.

QuantumScape has no revenue as the company is a development-stage technology company that's still building its product, but investors want to see it managing its cash burn and making progress toward a viable product. As of 10:49 a.m. ET, the stock was down 8.3% on the update.

QuantumScape Share Price Prediction For Next Months and Years. QuantumScape stock price forecast for September 2024. The forecast for beginning 5.81 dollars. Maximum price 6.71, minimum 5.26.

By 2030, some experts predict NIO's stock could trade in the range of $201.35 to $230.55, reflecting the company's potential to become a major player in the global EV industry. However, investors should note that such long-term projections are subject to significant uncertainty and market volatility.

As of 2024-09-11, the Intrinsic Value of Quantumscape Corp (QS) is -4.68 USD. This QS valuation is based on the model Peter Lynch Fair Value. With the current market price of 5.55 USD, the upside of Quantumscape Corp is -184.3%.

QuantumScape has no revenue as the company is a development-stage technology company that's still building its product, but investors want to see it managing its cash burn and making progress toward a viable product. As of 10:49 a.m. ET, the stock was down 8.3% on the update. Image source: Getty Images.

For example, a vehicle that gets ~350 miles of range on a single charge using one of today's leading conventional lithium-ion cells with an energy density of ~700 Wh/L, could get between 400 and 500 miles of range using QuantumScape cells.