This summary was created by AI, based on 1 opinions in the last 12 months.
QuantumScape (QS-N) went public in November 2020 during a peak period for electric vehicle (EV) stocks, initially experiencing a surge of 50% upon its IPO, driven by significant hype in the market. However, the excitement was short-lived as sellers, including short-sellers, labeled the company a 'scam' due to the absence of revenues and profits. By late 2022, the company's shares suffered drastic declines, mirroring the fate of numerous other EV companies from that era, such as Lordstown Motors. The overall narrative shows that QuantumScape has yet to prove its business model, leading to skepticism among investors and analysts alike. This has raised concerns about its long-term viability and the sustainability of investments in companies without financial backing.
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 2025-03-14, QuantumScape (QS-N) stock closed at a price of $4.36.
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.