QuantumScape Stock Declines Further. Should You Buy?

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Quantumscape Stock (NYSE:QS), a startup working on solid-state lithium metal batteries for electric vehicles, declined nearly 14% over the past month (twenty-one trading days), underperforming the S&P 500. which remained almost flat. Duration. The stock is also down about 48% from its mid-November highs. There are a few factors likely to weigh on the stock. First, another solid-state battery startup, Solid Power, went public via a SPAC deal in early December, giving investors another opportunity to play next-generation battery technology and that could put some pressure on QS stock . Separately, with several rate hikes this year, the Federal Reserve has been increasingly bullish on rising inflation. It’s hurting massively valuable, future stocks like QuantumScape
QS
, That said, there have been positive developments for QS stock as well. For example, in mid-December Quantumscape indicated that it had signed a deal with an undisclosed top global luxury auto brand to test and validate its solid-state battery technology.

So is QS stock likely to decline further in the coming weeks and months or is there a higher chance of recovery? According to the Trefis machine learning engine, which analyzes historical stock price movements, QS stock has only a 44% chance of growth in the next month (21 trading days). View our analysis Quantumscape stock likely to rise for more information.

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Below you’ll find our previous coverage of the Quantumscape stock where you can track our outlook over time.

[12/15/2021]Buy a dip in Quantumscape stock?

QuantumScape (NYSE:QS)Ltd., a startup working on solid-state lithium metal batteries for electric vehicles, has seen its stock price fall by nearly 39% over the past month (twenty-one trading days), significantly more than the S&P 500. low, which is down about 1%. at the same time. While the stock saw meaningful gains in late October and early November, with widespread interest in electric vehicle-related stocks following the COP26 climate summit and the passage of the $1 trillion-plus US infrastructure bill, investors became more cautious. Huh. Growth stocks, as US inflation rises and the Federal Reserve continues to accelerate, the prospect of raising interest rates looks a real possibility in 2022. Quantumscape has been particularly badly hit, as it currently generates no revenue, with meaningful sales likely only around 2026. And with profitability potentially further away.

So is QS stock likely to decline further in the coming weeks and months or is there a higher chance of recovery? According to the Trefis machine learning engine, which analyzes historical stock price movements, QS stock has a very solid 62% chance of growth over the next month (21 trading days). View our analysis Quantumscape stock likely to rise for more information.

Day five: QS -9.7%, versus the S&P 500 -1%; underperforming market

(26% chance of occurrence)

  • Quantumscape Stock 9.7% drop in the five-day trading period ended 12/14/2021 compared to the broader market (S&P500), which declined 1% over the same period.
  • A change of -9.7% or more in five trading days has a 26% chance of occurrence, which has happened 85 times out of 329 in the past year.

Day ten: QS-18%, versus the S&P 500 1.7%; underperforming market

(19% chance of occurrence)

  • Quantumscape Stock 18% drop Compared to the broader market (S&P500), it gained 1.7% over the past ten trading days (two weeks).
  • A change of -18% or more in ten business days has a 19% chance of occurrence, which has happened 63 times out of 324 in the past year.

Twenty-one days: QS -39%, versus the S&P 500 -0.8%; underperforming market

(4% chance of occurrence)

  • QuantumScape stock fell 39% over the past twenty-one trading days (about a month), compared to the broader market (S&P 500), which fell -0.8%
  • A change of -39% or more in twenty one business days has a 4% chance of occurrence, which has happened 13 times out of 313 in the past year.

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[9/22/2021] What’s new with QuantumScape stock?

QuantumScape (NYSE:QS)U.S., a startup working on solid-state lithium metal batteries for electric vehicles, saw its stock rally close to 16% in Tuesday trading when it said it had picked up another, marking its second big partner. Signed an agreement to work with top global automakers. After Volkswagen, which owns a meaningful stake in QuantumScape. Although Quantumscape did not disclose the name of the new OEM partner, it did say it is among the top ten global players in terms of revenue. The OEM has apparently evaluated QuantumScape’s early battery cells and will also evaluate advanced prototypes of solid-state battery cells. The OEM will also purchase approximately 10 megawatt-hours (MWh) of batteries from Quantumscape’s QS-0 pre-pilot production line, which is expected to begin manufacturing in 2023. The deal should give investors confidence that the secretive startup is making progress in its development. Quantumscape has never publicly shown any prototypes and it last provided notable updates on its technology in December 2020.

So is QS stock likely to rise further in the coming weeks and months or is it more likely to improve? According to the Trefis machine learning engine, which analyzes historical stock price movements, QS stock has a 73% chance of a fall next month. View our analysis Quantumscape stock likely to decline for more information.

To be sure, QuantumScape stock will continue to move based on news flow rather than fundamentals for the next few years. The company is looking at a deadline of 2025 to start deliveries of batteries that it can install and test in production vehicles and after that we are likely to see only meaningful revenue. Key factors that could drive the stock in the meantime include the company’s deals with automotive majors and its progress with manufacturing larger batteries without defects. QuantumScape has integrated its cells to make single-layer and four-layer battery cells and is in the process of testing a ten-layer battery cell, which could be important for use in commercial applications.

See Our Symbolic Theme Electric Vehicle Components Supplier Stock – Including stocks of companies manufacturing EV components and raw materials for batteries.

[9/9/2021] How Will Toyota’s Big Battery Bet Affect QuantumScape Stock?

QuantumScape (NYSE:QS), a startup working on solid-state lithium metal batteries for electric vehicles, has seen its stock fall nearly 6% in the past week (five trading days) compared to the S&P 500, a nearly 6% drop in the same period. Been flat. The decline came as the world’s largest automaker Toyota indicated it was looking to invest more than $13.5 billion by 2030 to develop battery technologies, not just focusing on the next generation of lithium-ion batteries. but also focusing on solid-state batteries, which QuantumScape specializes in. The Japanese automaker also provided a brief look at a prototype vehicle powered by solid-state batteries. Although Toyota has been developing solid-state technology for a while now and apparently holds the most patents in the space, its recent announcements are likely to hurt QuantumScape stock. So will the decline continue for QuantumScape stock, or do gains look more likely? According to data from the Trefis machine learning engine, which analyzes historical stock price information, QS stock has a 57% chance of a fall next month. View our analysis Quantumscape stock likely to rise for more information.

So is QS stock still worth a look for long-term investors? We don’t think Toyota’s recent announcements have really changed the picture for the QuantumScape. Significant competition is expected in the solid-state battery space, which is seen as the “holy grail” in the battery industry, as it can increase the range of EVs, reduce charging times, while allowing EVs Might as well make it safe. Many startups, established companies and academia have research and development projects related to technology and it is probably a given that there will be many successful players. However, QuantumScape is one of the few pure-play games publicly listed on the solid-state battery space. While QuantumScape remains risky, due to the company’s secretive nature, the stock is down about 85% from its all-time high, making the risk reward prospects too high for investors.

[7/26/2021] Quantumscape Stock: What Are the Risks?

Investors Don’t Really Know What to Make QuantumScape (NYSE:QS), a startup working on solid-state lithium batteries for electric vehicles. The stock trades at about $22 per share, down about 83% from its all-time high, though it has remained up more than 120% since listing last year. The solid-state lithium anode rechargeable batteries the company is developing are seen as the “holy grail” in the battery industry, as they can extend the range of an EV by up to 50%, reducing charging time to less than 15 minutes. can. Making EVs safer…

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