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Quantumscape Corp (QS) Falls Monday, But Analysts Call It A Buy: Will This EV Stock Take Off?

Monday, December 05, 2022 10:21 AM | InvestorsObserver Analysts

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Quantumscape Corp (QS) Falls Monday, But Analysts Call It A Buy: Will This EV Stock Take Off?

EV stock QS is lower by 1.85% Monday. Analysts who follow Quantumscape Corp (QS) on average expect it to climb 69.65% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns QS an Analyst Ranking of 13, which means it ranks higher than 13 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.1
Wall Street analysts are rating QS a Buy today. Find out what this means to you and get the rest of the rankings on QS!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Quantumscape Corp Stock Today?

Quantumscape Corp (QS) stock is trading at $7.41 as of 10:21 AM on Monday, Dec 5, a drop of -$0.14, or -1.85% from the previous closing price of $7.55. The stock has traded between $7.32 and $7.63 so far today. Volume today is below average. So far 1,044,706 shares have traded compared to average volume of 8,053,030 shares. Click Here to get the full Stock Report for Quantumscape Corp stock.

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