FY2025 EPS Estimates for PSNY Decreased by Cantor Fitzgerald

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) – Analysts at Cantor Fitzgerald lowered their FY2025 EPS estimates for shares of Polestar Automotive Holding UK in a report released on Thursday, September 4th. Cantor Fitzgerald analyst A. Sheppard now expects that the company will earn ($0.93) per share for the year, down from their previous estimate of ($0.56). Cantor Fitzgerald currently has a “Neutral” rating on the stock. The consensus estimate for Polestar Automotive Holding UK’s current full-year earnings is ($0.59) per share. Cantor Fitzgerald also issued estimates for Polestar Automotive Holding UK’s FY2026 earnings at ($0.60) EPS.

Polestar Automotive Holding UK Trading Down 2.9%

Shares of NASDAQ PSNY opened at $1.01 on Monday. The firm’s 50-day moving average price is $1.11 and its 200-day moving average price is $1.08. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of -1.77 and a beta of 1.43. Polestar Automotive Holding UK has a 12-month low of $0.84 and a 12-month high of $1.94.

Institutional Trading of Polestar Automotive Holding UK

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in Polestar Automotive Holding UK in the 4th quarter worth about $33,000. SCS Capital Management LLC purchased a new stake in Polestar Automotive Holding UK in the 1st quarter worth about $43,000. Russell Investments Group Ltd. raised its position in Polestar Automotive Holding UK by 45.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 47,970 shares of the company’s stock worth $51,000 after purchasing an additional 14,877 shares during the period. Captrust Financial Advisors raised its position in Polestar Automotive Holding UK by 43.2% in the 2nd quarter. Captrust Financial Advisors now owns 58,700 shares of the company’s stock worth $63,000 after purchasing an additional 17,700 shares during the period. Finally, Focus Partners Wealth purchased a new stake in Polestar Automotive Holding UK in the 1st quarter worth about $62,000. 1.02% of the stock is owned by hedge funds and other institutional investors.

Polestar Automotive Holding UK Company Profile

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