This summary was created by AI, based on 1 opinions in the last 12 months.
QuantumScape, symbol QS-N, entered the public market in November 2020 amidst a surging interest in electric vehicle (EV) companies, with its initial public offering (IPO) seeing a staggering 50% rise. However, this initial excitement quickly faced backlash, particularly from short-sellers who labeled the company as a potential scam due to its lack of profits and revenues. By late 2022, the company saw its stock value plummet significantly, reflecting a broader downturn affecting numerous EV stocks from that period, including peers like Lordstown Motors. The cycle of hype and subsequent disillusionment has cast a shadow over QuantumScape’s potential, raising concerns about its long-term viability in the booming EV market. Consequently, investors remain cautious amidst fears of another failure in a landscape already littered with early-stage flops.
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, 1 stock analyst published opinions about QS-N. 0 analysts 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.
1 stock analyst on Stockchase covered QuantumScape In the last year. It is a trending stock that is worth watching.
On 2025-04-01, QuantumScape (QS-N) stock closed at a price of $4.08.
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.