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Nervous markets await NvidiaThis summary was created by AI, based on 1 opinions in the last 12 months.
QuantumScape, a company in the electric vehicle (EV) sector, went public in November 2020 amid a surge of interest in EV stocks, experiencing an impressive 50% boost during its IPO. However, the excitement soon faded as critics, including shortsellers, labeled it a scam due to the absence of revenues and profit generation. As the months went by, the company's stock value plummeted significantly, much like other EV companies like Lordstown Motors. By late 2022, the decline in share price reflected broader challenges within the EV market, leading to skepticism about QuantumScape's viability and future prospects. Overall, the initial hype surrounding QuantumScape has not translated into tangible financial success, casting doubt on its long-term sustainability.
They're trying to produce the first solid-state lithium battery for EVs. This stock has huge potential as it partners with Tesla.
QuantumScape is a American stock, trading under the symbol QS-N on the New York Stock Exchange (QS). It is usually referred to as NYSE:QS or QS-N
In the last year, 2 stock analysts published opinions about QS-N. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for QuantumScape .
QuantumScape was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for QuantumScape .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered QuantumScape In the last year. It is a trending stock that is worth watching.
On 2025-04-25, QuantumScape (QS-N) stock closed at a price of $3.94.
It went public in Nov. 2020, a time when anything EVs rallied. This jumped 50% when it IPO'd. Hype. Then, shortsellers called it a scam. The company hasn't made money or profits. No revenues. By late 2022, shares were obliterated along with many EV shares of this era like Lordstown Motors.