How to Buy QuantumScape Stock [2024]

Summary: QuantumScape is one of the leading American solid-state lithium metal battery producers and an enticing investment opportunity for those looking to break it through in the electric vehicle (EV) market. To buy QuantumScape stock, investors can register with a reputable online exchange that features its stock, such as eToro.

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About QuantumScape

QuantumScape homepage. Source: QuantumScape.com

QuantumScape (NYSE: QS) is one of America’s largest solid-state lithium metal battery manufacturers with a well-established presence in the electric vehicle (EV) market. The company was founded in 2010 at Stanford University and has since grown exponentially, employing some 800 people and enjoying the privilege of being backed by individuals such as Bill Gates and companies such as Volkswagen.

How to buy QuantumScape stock? Step-by-step process

QuantumScape went public in 2020, and it’s since been trading on the New York Stock Exchange under the ticker QS. Being that QuantumScape is one of the largest companies in its sector, it will come as no surprise that its stock is available on online exchange platforms, such as eToro.

Step 1: Choose a broker

First, you’ll need to find a broker and register an account. Each broker can be unique and accommodate different kinds of investors (e.g., day traders, passive investors, etc.) by offering them different kinds of investment and analytics tools. To choose one that aligns with your investment goals and strategies, consider factors such as:

Reputation;
Commission fees;
Security;
Customer support;
Trading tools;
Market data accessibility;
Fractional stock trading;
Available trade options.

Our recommended brokers feature QuantumScape stock are:

1. eToro

Commission-free stock trading;
2,000+ stocks, 17 different exchanges;
Fractional shares;
Ready-made investment portfolios;
Social trading;
User-friendly.

Highly Rated Stock Trading & Investing Platform

Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.

30+ million Users

Get Started

For more EV battery stocks, have a look at our other guides:

Step 2: Research the company

When investing, thorough research on the company whose shares you wish to buy is crucial. Thus, you can begin by assessing the company’s fundamentals and conducting technical analysis to try and spot some potentially profitable trading opportunities.

Additionally, analyzing stock charts can give you some valuable insights into market movements to help you make better-informed decisions in the future, especially regarding whether to hold onto your stocks or sell them when the time is ripe.

Moreover, since QuantumScape is a public company, it’s obliged to share all relevant information about its financial performance, leadership, revenue sources, etc. Staying in the know about all pertinent developments within the company and the sector is essential if you want your investment to be fruitful.

Step 3: Decide how much you want to invest

Next, you can start thinking about the amount you are willing to invest. If you are new to investing, it would help if you exercised caution and avoided spending substantial sums on your first trade. Instead, try to set aside a portion of your funds as a safety fund just in case your investment fails.

Additionally, invest only what you can afford to lose. Investing carries risks by definition, and there is no assurance of income. So, it is unwise to invest if your financial situation is not favorable, e.g., if you have an unpaid debt.

Note

You can use Finbold’s stock price calculator to conveniently calculate the average price of your stock.

Common mistakes to avoid when investing

Spending too much is not the only mishap that haunts new investors — they tend to make a wide array of other mistakes, such as:

Failing to research the company and the stock;
Having no strategy;
Following hype;
Emotional investing;
Failing to diversify (i.e., invest in multiple different assets);
Not thinking long-term.

Step 4: Fund your account

After choosing a broker, registering your account, and determining the amount you want to invest, you can fund your new account. Note that different brokers offer different payment methods, so you’ll have to find one that supports your preferred method.

Note

Note also that account funding can take up to a few days to process.

With eToro and Interactive Brokers, you can directly link your broker and bank accounts, use credit cards, scan a check, etc. However, in some cases, if you are using a prepaid card, eToro may not accept it, and you might need to utilize third-party payment services since things like prepaid cards are usually not supported.

Step 5: Place your order and buy QuantumScape stock

Lastly, after figuring out your desired investment amount, you can place your order. When purchasing stocks, you’ll have several order options available:

Market Order: With this option, you can buy the stock immediately at its current price;
Limit Order: This order allows investors to buy stocks when they reach a certain price limit or go below it;
Options Contract: This order gives investors the option to buy stocks at fixed prices within a specified, pre-determined period. Then, they can then make predictions about whether the stock price will go up or plummet, making a profit based on their forecasting accuracy.

Highly Rated Stock Trading & Investing Platform

Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.

30+ million Users

Get Started

Step 6: Monitor your investment

The stock market’s volatility ensures daily stock price fluctuations. Thus, as an aspiring investor, you must closely monitor the performance of your stocks. That is, you should keep an eye on QuantumScape, its financial health and market position, new market trends, etc.

Furthermore, remember that a long-term perspective is the key to success, so try not to be discouraged by adverse short-term price movements — they do not necessarily reflect the long-term success of your investment.

QuantumScape stock price today

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about how to buy QuantumScape stock