Should I buy or sell Polestar Automotive Holding UK stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Polestar Automotive Holding UK in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PSNY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSNY, but not buy additional shares or sell existing shares. View PSNY analyst ratings or view top-rated stocks .

What is Polestar Automotive Holding UK's stock price target for 2024?

6 equities research analysts have issued twelve-month target prices for Polestar Automotive Holding UK's shares. Their PSNY share price targets range from $1.15 to $9.00. On average, they expect the company's share price to reach $3.83 in the next year. This suggests a possible upside of 194.6% from the stock's current price. View analysts price targets for PSNY or view top-rated stocks among Wall Street analysts .

How have PSNY shares performed in 2024?

Polestar Automotive Holding UK's stock was trading at $2.26 at the beginning of the year. Since then, PSNY stock has decreased by 42.5% and is now trading at $1.30. View the best growth stocks for 2024 here .

When is Polestar Automotive Holding UK's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our PSNY earnings forecast .

How were Polestar Automotive Holding UK's earnings last quarter?

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) issued its quarterly earnings results on Thursday, August, 31st. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.01. The business had revenue of $685.25 million for the quarter.

What ETFs hold Polestar Automotive Holding UK's stock?

ETFs with the largest weight of Polestar Automotive Holding UK (NASDAQ:PSNY) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) , SPDR S&P Kensho Smart Mobility ETF (HAIL) , AdvisorShares Gerber Kawasaki ETF (GK) and Fidelity Electric Vehicles and Future Transportation ETF (FDRV) . iShares Self-Driving EV and Tech ETF (IDRV) .

Who are Polestar Automotive Holding UK's major shareholders?

Polestar Automotive Holding UK's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Green Alpha Advisors LLC (0.01%).

How do I buy shares of Polestar Automotive Holding UK?

Shares of PSNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:PSNY

Polestar Automotive Holding UK (PSNY) Stock Price, News & Analysis

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Free PSNY Stock Alerts

$1.30

-0.02 (-1.52%)

(As of 05:43 PM ET)

Compare

Today's Range: $1.26
▼
$1.36
50-Day Range: $1.31
▼
$2.08
52-Week Range: $1.24
▼
$4.96

Volume: 3.81 million shs
Average Volume: 3.25 million shs
Market Capitalization: $2.78 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.83

Get Polestar Automotive Holding UK alerts:

Polestar Automotive Holding UK MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 194.6% Upside
$3.83 Price Target
Short Interest: Bearish
5.42% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.19
Based on 14 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.39) to ($0.62) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.43 out of 5 stars

Auto/Tires/Trucks Sector

74th out of 79 stocks

Motor Vehicles & Car Bodies Industry

25th out of 26 stocks

3.0

Analyst's Opinion

Consensus Rating
Polestar Automotive Holding UK has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 2 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
Polestar Automotive Holding UK has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.42% of the float of Polestar Automotive Holding UK has been sold short.
Short Interest Ratio / Days to Cover
Polestar Automotive Holding UK has a short interest ratio ("days to cover") of 7.9.
Change versus previous month
Short interest in Polestar Automotive Holding UK has recently increased by 0.63%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Polestar Automotive Holding UK does not currently pay a dividend.
Dividend Growth
Polestar Automotive Holding UK does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PSNY.

1.6

News and Social Media Coverage

News Sentiment
Polestar Automotive Holding UK has a news sentiment score of -0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Polestar Automotive Holding UK this week, compared to 2 articles on an average week.
Search Interest
Only 9 people have searched for PSNY on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.
MarketBeat Follows
14 people have added Polestar Automotive Holding UK to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Polestar Automotive Holding UK insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.02% of the stock of Polestar Automotive Holding UK is held by insiders.
Percentage Held by Institutions
Only 1.02% of the stock of Polestar Automotive Holding UK is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Polestar Automotive Holding UK are expected to decrease in the coming year, from ($0.39) to ($0.62) per share.

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About Polestar Automotive Holding UK Stock (NASDAQ:PSNY)

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.

PSNY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PSNY Stock News Headlines

April 15, 2024 | seekingalpha.com

Polestar: Uphill Battle Continues

April 15, 2024 | fool.com

Why Polestar Automotive Stock Keeps Falling

April 16, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 14, 2024 | americanbankingnews.com

Polestar Automotive Holding UK (NASDAQ:PSNY) Stock Rating Reaffirmed by Cantor Fitzgerald

April 12, 2024 | msn.com

Polestar EV Sales Are Down 40% Again In Q1 2024

April 12, 2024 | msn.com

EV maker Polestar posts 40% slump in Q1 deliveries

April 12, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Cyclical Companies: Polestar Automotive Holding UK (PSNY) and Tesla (TSLA)

April 11, 2024 | investorplace.com

3 EV Stocks on the Brink of a Major Crash: Sell Before It's Too Late

April 16, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 11, 2024 | benzinga.com

Polestar Automotive Stock (NASDAQ:PSNY), Analyst Ratings, Price Targets, Predictions

April 11, 2024 | proactiveinvestors.com

Polestar sees deliveries slump as EV demand stagnates

April 11, 2024 | investorplace.com

7 Meme Stocks to Sell in April Before They Crash & Burn

April 9, 2024 | seekingalpha.com

Polestar: Cash Is Not King

April 8, 2024 | americanbankingnews.com

Nikola (NASDAQ:NKLA) and Polestar Automotive Holding UK (NASDAQ:PSNY) Financial Contrast

April 4, 2024 | msn.com

New Products Give Polestar (NASDAQ:PSNY) a Boost

April 3, 2024 | finance.yahoo.com

Polestar betting two new SUVs will help it take on even its gas-powered rivals

March 31, 2024 | msn.com

Introducing the Polestar 4 SUV: Your Guide to Features, Options, and Prices

March 30, 2024 | msn.com

Polestar 4: Leading Electric Performance Crossovers

March 29, 2024 | finance.yahoo.com

NY International Auto Show: What top automakers are saying

March 28, 2024 | msn.com

Is the 2025 Polestar 4 Competitively Priced?

March 27, 2024 | msn.com

The Polestar 4 Starts at $56,300 and No, You Can’t Pay Extra for a Rear Window

March 27, 2024 | finance.yahoo.com

Polestar CEO talks new SUV releases, international expansion

March 21, 2024 | finance.yahoo.com

Polestar Showcases Growing Line-Up of Performance SUVs in New York

March 16, 2024 | finance.yahoo.com

PSNY Jan 2026 4.500 call

March 16, 2024 | finance.yahoo.com

PSNY Apr 2024 1.500 put

March 15, 2024 | msn.com

Polestar Downgraded On Price Cuts, Anti-China Concerns: '2024 Will Be A Make-Or-Break Year'

March 14, 2024 | msn.com

Polestar Undercuts Tesla's Model X, Rivian's R1S With Lower Starting Price For Latest SUV: Here's How Much It Costs

See More Headlines

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Company Calendar

Last Earnings: 8/31/2023
Today: 4/16/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Motor vehicles & car bodies
Sub-Industry: N/A
Current Symbol: NASDAQ:PSNY
CUSIP: N/A
CIK: 1847127
Web: www.gores.com
Phone: 1-949-735-1834
Fax: N/A
Employees: 2,377
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.83
High Stock Price Target: $9.00
Low Stock Price Target: $1.15
Potential Upside/Downside: +194.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-465,790,000.00
Net Margins: -25.83%
Pretax Margin: -25.41%
Return on Equity: N/A
Return on Assets: -21.58%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.55
Quick Ratio: 0.33

Sales & Book Value

Annual Sales: $2.46 billion
Price / Sales: 1.13
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.06) per share
Price / Book: -21.67

Miscellaneous

Outstanding Shares: 2,134,910,000
Free Float: 2,134,484,000
Market Cap: $2.78 billion
Optionable: Optionable
Beta: 1.53

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Key Executives

Mr. Thomas Ingenlath (Age 60)
CEO & Director
Mr. Per Ansgar
Chief Financial Officer
Roger Molin
Head of Group Financial Accounting & Control
Mr. Lutz Stiegler
Chief Technology Officer
Ms. Bojana Flint
Head of Investor Relations?
Mr. Kristian Elvefors
Global Head of Sales
Mr. Mikael Alkmark
Deputy Chief Financial Officer
Mr. Jonas Engström
Head of Operations
Ms. Maria Lexe
Chief Digital Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

PSNY Stock Analysis - Frequently Asked Questions

Should I buy or sell Polestar Automotive Holding UK stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Polestar Automotive Holding UK in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PSNY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSNY, but not buy additional shares or sell existing shares.
View PSNY analyst ratings or view top-rated stocks.
What is Polestar Automotive Holding UK's stock price target for 2024?: 6 equities research analysts have issued twelve-month target prices for Polestar Automotive Holding UK's shares. Their PSNY share price targets range from $1.15 to $9.00. On average, they expect the company's share price to reach $3.83 in the next year. This suggests a possible upside of 194.6% from the stock's current price.
View analysts price targets for PSNY or view top-rated stocks among Wall Street analysts.
How have PSNY shares performed in 2024?: Polestar Automotive Holding UK's stock was trading at $2.26 at the beginning of the year. Since then, PSNY stock has decreased by 42.5% and is now trading at $1.30.
View the best growth stocks for 2024 here.
When is Polestar Automotive Holding UK's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our PSNY earnings forecast.

How were Polestar Automotive Holding UK's earnings last quarter?: Polestar Automotive Holding UK PLC (NASDAQ:PSNY) issued its quarterly earnings results on Thursday, August, 31st. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.01. The business had revenue of $685.25 million for the quarter.
What ETFs hold Polestar Automotive Holding UK's stock?: ETFs with the largest weight of Polestar Automotive Holding UK (NASDAQ:PSNY) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), SPDR S&P Kensho Smart Mobility ETF (HAIL), AdvisorShares Gerber Kawasaki ETF (GK) and Fidelity Electric Vehicles and Future Transportation ETF (FDRV).iShares Self-Driving EV and Tech ETF (IDRV).
Who are Polestar Automotive Holding UK's major shareholders?: Polestar Automotive Holding UK's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Green Alpha Advisors LLC (0.01%).
How do I buy shares of Polestar Automotive Holding UK?: Shares of PSNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PSNY) was last updated on 4/16/2024 by MarketBeat.com Staff

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Polestar Automotive Holding UK (PSNY) Stock Price, News & Analysis

Polestar Automotive Holding UK MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Polestar Automotive Holding UK Stock (NASDAQ:PSNY)

PSNY Stock Price History

PSNY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

PSNY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™