QuantumScape
About: QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed an anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.
Employees: 850
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
1.08% less ownership
Funds ownership: 30.24% [Q1] → 29.16% (-1.08%) [Q2]
3% less funds holding
Funds holding: 353 [Q1] → 343 (-10) [Q2]
18% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 57
22% less call options, than puts
Call options by funds: $19.7M | Put options by funds: $25.3M
24% less capital invested
Capital invested by funds: $847M [Q1] → $642M (-$205M) [Q2]
27% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 109
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Deutsche Bank Winnie Dong 0 / 0 met price target | 10%upside $6 | Hold Reinstated | 10 Sept 2024 |
Truist Securities Jordan Levy 18% 1-year accuracy 6 / 33 met price target | 28%upside $7 | Hold Reiterated | 5 Aug 2024 |
Financial journalist opinion
Based on 9 articles about QS published over the past 30 days