With the rapid advancements in quantum computing technology, investors are eagerly anticipating the potential of QuantumScape's stock. Could you elaborate on the current market sentiment surrounding QuantumScape and its future prospects? Are there any significant partnerships or breakthroughs that could drive the stock price upwards? Additionally, what are the main risks investors should be aware of in relation to QuantumScape's business model and technology? Lastly, how does QuantumScape compare to its competitors in the quantum computing industry?
            
            
 
            
            
            
            
          
            8 answers
            
            
  
     Tommaso
    Sat Jun 22 2024
    Tommaso
    Sat Jun 22 2024
   
  
    The range of estimates provided by the analysts is quite wide, with the lowest estimate being 2.00 and the highest being 10.
  
  
 
            
            
  
     Giulia
    Sat Jun 22 2024
    Giulia
    Sat Jun 22 2024
   
  
    Regarding the QuantumScape stock price forecast, a total of 7 analysts have provided their predictions for the 12-month period.
  
  
 
            
            
  
     Eleonora
    Sat Jun 22 2024
    Eleonora
    Sat Jun 22 2024
   
  
    The consensus among these analysts is an average target price of 5.81 for QuantumScape.
  
  
 
            
            
  
     SunlitMystery
    Sat Jun 22 2024
    SunlitMystery
    Sat Jun 22 2024
   
  
    This average target represents a potential upside of 14.15% from the current stock price, which stands at 5.09.
  
  
 
            
            
  
     Margherita
    Fri Jun 21 2024
    Margherita
    Fri Jun 21 2024
   
  
    Lastly, the price targets were last updated on April 25, 2024, reflecting the most recent analysis and forecasts by the respective analysts.