Morgan Stanley cuts target for QuantumScape stock to USD 4.50
Published on 10/17/2026 at 19:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Morgan Stanley lowered the target from USD 8.50 to USD 4.50 on October 15, 2026.
- QuantumScape scheduled third-quarter results for October 21, 2026.
- QuantumScape stock was last at USD 4.01 on October 16, 2026 at 4:00 p.m. ET, down 5.20 percent versus its prior close.
- QuantumScape had a market capitalization of USD 2.5 billion on October 16, 2026.
On October 15, 2026, Morgan Stanley lowered its QuantumScape target from USD 8.50 to USD 4.50 while retaining a Hold rating, as Markets Insider reported. The new target stood 12.22 percent above the last USD 4.01 price. QuantumScape was last at USD 4.01 on October 16, 2026 at 4:00 p.m. ET, down 5.20 percent versus its prior close.
Results date is October 21
QuantumScape scheduled its third-quarter 2026 business results for October 21, 2026, after the market close. The investor-relations page also lists a webcast for the earnings call at 2:00 p.m. Pacific time. The date gives investors a defined event around which the analyst target can be tested.
Price sits above the yearly low
The last USD 4.01 price was 5.53 percent above the 52-week low of USD 3.80 and 78.39 percent below the 52-week high of USD 18.56, both as of October 16, 2026. Trading volume was 15,445,010 shares, compared with an average volume of 17,051,789 shares. The price therefore sits near the lower end of the annual range, while the latest analyst target remains above the market quotation.
Valuation and peer lines
QuantumScape had a market capitalization of USD 2.5 billion and a negative P/E ratio of -5.99 as of October 16, 2026. The next scheduled report is the third-quarter release on October 21, 2026, according to QuantumScape.
Comparison with peers
QS (Nasdaq, USD): minus 5.20 percent, P/E -5.99, market capitalization USD 2.5 billion.
Solid Power (Nasdaq, USD): minus 5.63 percent, P/E -4.37, market capitalization USD 458.6 million.
Enovix (Nasdaq, USD): minus 7.09 percent, P/E -3.07, market capitalization USD 546.4 million.
Price remains the immediate marker
QuantumScape's USD 4.01 last price places the company above its annual low but below its annual high. The October 21 results are the next scheduled date for a fresh operating update, while Morgan Stanley's USD 4.50 target provides a dated analyst comparison.
QuantumScape stock facts
- Company: QuantumScape Corporation
- ISIN: US74767V1098
- Ticker: QS
- Primary exchange: Nasdaq
- Last price Nasdaq (as of October 16, 2026, 4:00 p.m. ET): USD 4.01
- Change versus prior close: minus 5.20 percent
- Market capitalization: USD 2.5 billion (as of October 16, 2026)
- 52-week range: USD 3.80-18.56 (as of October 16, 2026)
- Sector / Industry: Technology / Batteries
Market context: Market report Nasdaq Composite.
