- QuantumScape's Strategic Progress: The company is on track with its solid-state battery field testing, eyeing a 2026 start.
- Analysts' Mixed Outlook: A projected 37.56% upside from the current price, but the average recommendation is to "Hold."
- Key Partnerships: QuantumScape collaborates with major players for production scaling and ceramics expertise.
QuantumScape (QS) is making significant strides towards the commercialization of its innovative solid-state batteries. With the goal of commencing field testing by 2026, recent advancements have bolstered confidence in this timeline. The company has successfully shipped QSC-5 samples for rigorous testing, paving the way for future developments. Notably, the Cobra separator process is progressing faster than anticipated, which is a critical factor in boosting ceramics productivity. Strategic collaborations with PowerCo and Murata Manufacturing underscore a focused approach on scaling production and enhancing ceramics know-how.
Wall Street Analysts Forecast
According to the insights from 8 analysts, the average one-year price target for QuantumScape Corp (QS, Financial) stands at $5.48. Projections vary, with a bullish high of $8.00 and a bearish low of $2.50. This average target suggests a potential upside of 37.56% from the current trading price of $3.98. Investors can delve deeper into these projections on the QuantumScape Corp (QS) Forecast page.
The consensus recommendation from 9 brokerage firms for QuantumScape Corp (QS, Financial) currently stands at an average rating of 3.1, indicating a "Hold" status. This rating scale ranges from 1, denoting a Strong Buy, to 5, signifying a Sell, reflecting a cautious yet optimistic stance from the analyst community.
