The company is an American company that researches lithium batteries for electric vehicles.
Among the company's investors are investor Bill Gates, Volkswagen, and others.
In 2018, Volkswagen invested an additional $100 million in the company and became the largest stakeholder in the company. In June 2020, Volkswagen invested an additional $200 million.
On April 15, 2021, hedge fund Scorpion accused the company of being a pump and dump scheme.
On 22.12.20, the stock reached a peak after a 1000% increase! It has since fallen by 80%.
Analyst coverage: Ben Kallo from Robert W. Baird reiterated a Hold rating on QuantumScape, with a price target of $36
Goldman Sachs analyst Mark Delaney did the same thing as Kallo, maintaining a Hold rating while cutting his price target to $33
Average upside of 23%!!
The stock has a short interest of 20.55% as of now!
Technical analysis: Current price: $28.11 First target (in my opinion): $34.20 Second target (in my opinion): $39.47 Stop loss: $24.50 Debt-to-equity ratio: 0.96
This is not a recommendation, personal opinion only! Anyone using this information does so at their own discretion and personal responsibility.