This summary was created by AI, based on 1 opinions in the last 12 months.
QuantumScape, which went public in November 2020, experienced an initial surge in its stock price due to the electric vehicle (EV) hype, gaining 50% during its IPO phase. However, this excitement was short-lived, as critics, including shortsellers, labeled it a scam due to its inability to generate revenue or profits. By the end of 2022, QuantumScape's stock faced significant declines, akin to other EV stocks such as Lordstown Motors, which also endured considerable drops. The company's lack of financial stability raises serious concerns for investors considering the burgeoning EV market, highlighting the risks linked with speculative investments in this space. Overall, QuantumScape's journey has been tumultuous, marked by extreme fluctuations in market perception and investor sentiment.
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 2025-04-03, QuantumScape (QS-N) stock closed at a price of $3.99.
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.