QuantumScape (QS) Receives a Hold from Robert W. Baird

Robert W. Baird analyst Ben Kallo reiterated a Hold rating on QuantumScape (QSResearch Report) on July 27 and set a price target of $12.00. The company’s shares closed last Thursday at $10.58, close to its 52-week low of $8.22.

According to, Kallo is a 5-star analyst with an average return of 8.9% and a 53.7% success rate. Kallo covers the Basic Materials sector, focusing on stocks such as 5E Advanced Materials, Inc., Archer Daniels Midland, and Darling Ingredients.

The word on The Street in general, suggests a Hold analyst consensus rating for QuantumScape with a $12.25 average price target, representing a 17.4% upside. In a report issued on July 14, Morgan Stanley also maintained a Hold rating on the stock with a $12.00 price target.

See today’s best-performing stocks on TipRanks >>

The company has a one-year high of $43.08 and a one-year low of $8.22. Currently, QuantumScape has an average volume of 7.51M.

Based on the recent corporate insider activity of 114 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of QS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

QuantumScape Corp is engaged in development of next generation solid-state lithium-metal batteries for use in electric vehicles.

Read More on QS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More