QuantumScape (QS) Projected to Post Quarterly Earnings on Wednesday

QuantumScape (NYSE:QS) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of ($0.21) per share for the quarter.

QuantumScape (NYSE:QS) last posted its quarterly earnings data on Wednesday, February 12th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.01). On average, analysts expect QuantumScape to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

QuantumScape Trading Up 0.3 %

Shares of QS opened at $3.80 on Tuesday. The stock has a market cap of $2.08 billion, a PE ratio of -4.04 and a beta of 4.37. QuantumScape has a 52-week low of $3.40 and a 52-week high of $9.52. The firm’s fifty day moving average is $4.37 and its two-hundred day moving average is $4.95. The company has a quick ratio of 14.07, a current ratio of 14.07 and a debt-to-equity ratio of 0.03.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. UBS Group cut QuantumScape from a “neutral” rating to a “sell” rating and lowered their target price for the stock from $5.00 to $2.50 in a report on Thursday, April 10th. Evercore ISI reaffirmed a “hold” rating on shares of QuantumScape in a research report on Tuesday, February 25th. Truist Financial cut their price target on shares of QuantumScape from $7.00 to $6.00 and set a “hold” rating on the stock in a research note on Friday, February 14th. Finally, The Goldman Sachs Group cut their price target on QuantumScape from $4.00 to $3.00 and set a “sell” rating on the stock in a report on Thursday, April 10th. Three research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $5.13.

Insider Buying and Selling

In related news, CFO Kevin Hettrich sold 36,949 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $5.06, for a total transaction of $186,961.94. Following the completion of the sale, the chief financial officer now directly owns 1,024,325 shares of the company’s stock, valued at $5,183,084.50. This trade represents a 3.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Fritz Prinz sold 12,908 shares of QuantumScape stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $5.22, for a total transaction of $67,379.76. Following the completion of the sale, the director now directly owns 228,287 shares in the company, valued at approximately $1,191,658.14. The trade was a 5.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 180,147 shares of company stock worth $935,758 in the last ninety days. 12.03% of the stock is owned by corporate insiders.

About QuantumScape

QuantumScape Corporation, a research and 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.