Quantumscape Corp (QS) Stock: Do Analysts Think You Should Hold?

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.

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!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Quantumscape Corp Stock Today?

Quantumscape Corp (QS) stock is trading at $22.97 as of 1:35 PM on Friday, Oct 22, a decline of -$1.94, or -7.81% from the previous closing price of $24.91. The stock has traded between $22.85 and $24.90 so far today. Volume today is less active than usual. So far 6,829,919 shares have traded compared to average volume of 10,082,617 shares. Click Here to get the full Stock Report for Quantumscape Corp stock.