In a report released today, Mark Delaney from Goldman Sachs maintained a Sell rating on QuantumScape (QS – Research Report). The company’s shares closed today at $5.39.
According to TipRanks, Delaney is a 5-star analyst with an average return of 17.9% and a 60.29% success rate. Delaney covers the Consumer Cyclical sector, focusing on stocks such as Tesla, Ford Motor, and Rivian Automotive.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for QuantumScape with a $6.25 average price target.
The company has a one-year high of $13.86 and a one-year low of $4.99. Currently, QuantumScape has an average volume of 6.47M.
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QS in relation to earlier this year.
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QuantumScape (QS) Company Description:
QuantumScape Corp is engaged in development of next generation solid-state lithium-metal batteries for use in electric vehicles.
Read More on QS:
- QuantumScape price target lowered to $7 from $8 at TD Cowen
- QuantumScape reports Q1 EPS (24c), consensus (21c)
- Quantumscape options imply 10.4% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, April 24, 2024
- QuantumScape price target lowered to $6 from $8 at Truist
