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Do Analysts Agree Tuesday on Quantumscape Corp (QS) Stock's Target Price?

Tuesday, October 12, 2021 01:23 PM | InvestorsObserver Analysts

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Do Analysts Agree Tuesday on Quantumscape Corp (QS) Stock's Target Price?

InvestorsObserver is giving Quantumscape Corp (QS) an Analyst Rating Rank of 4, meaning QS is ranked higher by analysts than 4% of stocks. The average price target for QS is $35.8 and analyst’s rate the stock as a Hold.

Overall Score - 3
Wall Street analysts are rating QS a Hold today. Find out what this means to you and get the rest of the rankings on QS!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Quantumscape Corp Stock Today?

Quantumscape Corp (QS) stock is up 3.79% while the S&P 500 is down -0.2% as of 1:22 PM on Tuesday, Oct 12. QS has gained $0.88 from the previous closing price of $23.21 on volume of 3,605,551 shares. Over the past year the S&P 500 is up 23.15% while QS has gained 53.44%. QS lost -$4.42 per share the over the last 12 months. Click Here to get the full Stock Report for Quantumscape Corp stock.

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