Posted 3/6/2024, 11:00:09 PM
QuantumScape Stock Up Slightly But Lagging Broader Market Over Last Month Despite Upcoming Earnings Growth
- QuantumScape (QS) stock price rose 1.17% and outperformed the S&P 500 (0.51%) and Dow (0.2%)
- QS shares have fallen 19.35% over the past month, underperforming its sector (up 7.56%) and S&P 500 (up 2.94%)
- QS upcoming earnings projected to show 16.67% EPS growth year-over-year
- Upward analyst estimate revisions for QS reflect positivity towards business operations and profitability
- QS currently has Zacks Rank #3 (Hold) in the bottom 46% ranked Auto-Tires-Trucks sector