Based on the consensus of 10 analysts, the average short-term price target for QuantumScape (QS) is $5.73. This forecast suggests a potential increase from its last closing price.
QuantumScape (QS) Short-Term Price Targets
Market analysts covering QuantumScape Corporation (QS) provide short-term price targets that reflect their expectations for the stock's future performance. These targets are based on various financial models and market conditions.
The following table summarizes the key price targets from recent analyst forecasts:
| Metric | Value |
|---|---|
| Average Price Target | $5.73 |
| Low Price Target | $2.00 |
| High Price Target | $10.00 |
| Last Closing Price | $5.02 |
| Implied Upside | 14.14% |
| Number of Analysts | 10 |
Key Insights from Analyst Forecasts
- Average Target: The consensus points to an average price of $5.73, indicating that analysts collectively see moderate upside potential for QuantumScape in the short term.
- Forecast Range: The forecasts show a significant range, from a conservative low of $2.00 to an optimistic high of $10.00. This wide range often reflects varying assumptions about the company's future technology adoption, production scalability, and overall market conditions for solid-state batteries.
- Implied Increase: The average price target of $5.73 represents an increase of 14.14% from the last reported closing price of $5.02. This percentage highlights the anticipated return if the stock reaches the average analyst target.
- Analyst Participation: These predictions are aggregated from the insights of 10 individual analysts, providing a broad overview of expert opinion on QS stock.
Investors typically use these price targets as one of many tools to gauge potential stock movement, alongside fundamental analysis and broader market trends. For more detailed insights into stock forecasts and analyst ratings, various financial research platforms offer comprehensive data.
