Down 94%, Is QuantumScape Stock a Buy for 2024?

By Parkev Tatevosian, CFA – Dec 19, 2023 at 5:48PM

NYSE: QS

QuantumScape

Market Cap

$3B

Today's Change

(5.69%) $0.29

Current Price

$5.39

Price as of April 26, 2024, 4:00 p.m. ET

QuantumScape is developing innovative battery technology that could revolutionize the EV industry.

Fool.com contributor Parkev Tatevosian reviews QuantumScape's (QS 5.69%) prospects and answers if it's finally a good time to buy the stock.

*Stock prices used were the afternoon prices of Dec. 17, 2023. The video was published on Dec. 19, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.