Is QuantumScape (QS) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

Group 1 - QuantumScape Corporation (QS) is part of the Auto-Tires-Trucks sector, which ranks 10 in the Zacks Sector Rank, indicating a competitive position within the industry [2] - The Zacks Rank system, which favors stocks with improving earnings outlooks, currently rates QuantumScape Corporation at 2 (Buy) [3] - Over the past 90 days, the Zacks Consensus Estimate for QS' full-year earnings has increased by 7.2%, reflecting improved analyst sentiment [4] Group 2 - Year-to-date, QuantumScape Corporation has returned 0.8%, while the average return for Auto-Tires-Trucks stocks has been a loss of 6.5%, demonstrating QS's outperformance [4] - QuantumScape is categorized under the Automotive - Original Equipment industry, which has an average gain of 9% this year, indicating that QS is slightly underperforming its industry [6] - Another stock in the Auto-Tires-Trucks sector, XPeng Inc. Sponsored ADR (XPEV), has seen a significant year-to-date increase of 41% and has a Zacks Rank of 2 (Buy) [5][7]