- QuantumScape and Murata Manufacturing are teaming up to scale ceramic film production for solid-state batteries.
- Analysts predict an average price target of $5.48 for QuantumScape, implying a 37.56% upside.
- Current analyst consensus rates QuantumScape stock at a "Hold."
QuantumScape Corporation (QS, Financial) is making strategic moves to advance its solid-state lithium-metal battery technology by partnering with Murata Manufacturing Co. This collaboration is focused on the large-scale production of ceramic film, a crucial component in QuantumScape's cutting-edge battery systems. By tapping into Murata's ceramics expertise, the partnership strives to enhance production efficiency and drive innovation in battery technology.
Wall Street Analysts Forecast
Wall Street analysts have provided one-year price targets for QuantumScape Corp (QS, Financial), with their forecasts presenting a promising outlook. The average target price is currently set at $5.48, representing a potential upside of 37.56% from the current stock price of $3.98. The price targets range from a high of $8.00 to a low of $2.50. Investors can find more detailed estimations on the QuantumScape Corp (QS) Forecast page.
In terms of brokerage recommendations, QuantumScape Corp (QS, Financial) holds an average recommendation score of 3.1, based on evaluations from 9 brokerage firms. This score signifies a "Hold" status, based on a scale where 1 is a Strong Buy and 5 is a Sell, reflecting a cautious but steady outlook on the stock's future potential.
