Truist Securities Reiterates Hold Rating on QuantumScape (QS)
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Go back to Truist Securities Reiterates Hold Rating on QuantumScape (QS)
October 24, 2024 8:54 AM EDT
TD Cowen analyst Gabe Daoud Jr reiterated a Hold rating and $5.00 price target on QuantumScape (NYSE: QS).
The analyst commented, "An encouraging update as QS announced B-sample shipments alongside impressive cell data, manufacturing progress and operational efficiencies that support the company's cash runway... More
October 24, 2024 7:58 AM EDT
Investing.com -- Quantumscape Corp (NYSE: QS) saw its shares soar more than 17% in premarket trading Thursday after the company reported Q3 results and offered an update on battery cell testing for automotive customers.
For Q3, the company posted a loss per share of $0.23, matching analyst expectations.
The battery maker reported an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss of $71.6 million, which was slightly... More
October 23, 2024 4:21 PM EDT
QuantumScape (NYSE: QS) reported Q3 EPS of ($0.23), in-line with the analyst estimate of ($0.23).
For earnings history and earnings-related data on QuantumScape (QS) click here.
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