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Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on QuantumScape from $10.00 to $8.00 in a research report on Friday.
For QuantumScape, a company with relatively high short interest, such a move may be expected.
Source: https://investorplace.com/2023/01/is-a-giant-short-squeeze-brewing-in-quantumscape-qs-stock/
Now, let’s get to the billion-dollar question: Is it appropriate to invest in QuantumScape now?
Source: https://investorplace.com/2023/02/is-quantumscape-qs-stock-a-good-buy-heres-my-call/
QS Stock Outlook: Is QuantumScape Set to Shock the Skeptics in 2024?
Source: https://investorplace.com/2023/12/qs-stock-will-quantumscape-shock-the-skeptics-in-2024/
QuantumScape Co. has a twelve month low of $5.11 and a twelve month high of $22.21.
Source: https://www.etfdailynews.com/2023/03/03/credit-suisse-ag-increases-stake-in-quantumscape-co-nyseqs/
The Goldman Sachs Group decreased their price target on QuantumScape from $6.00 to $5.00 and set a “sell” rating for the company in a research note on Tuesday, October 3rd.
The latest earnings release/updates appear to have been a wash, but don’t assume this means QuantumScape shares will at worst tread water from here in the near-term.
Source: https://investorplace.com/2023/07/qs-stock-a-sell-after-its-low-charge-earnings-release/
While QuantumScape has not yet set a date, the company will release its results for Q2 2023 (ending June 30, 2023) sometime around July 27. As a pre-revenue company, the focus of this release won’t be on QS’s results themselves.