FY2025 EPS Estimates for PSNY Lowered by Cantor Fitzgerald

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) – Analysts at Cantor Fitzgerald dropped their FY2025 EPS estimates for Polestar Automotive Holding UK in a research report issued to clients and investors on Thursday, November 13th. Cantor Fitzgerald analyst A. Sheppard now forecasts that the company will post earnings per share of ($0.97) for the year, down from their prior estimate of ($0.93). Cantor Fitzgerald 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 ($0.75) EPS.

Other equities research analysts have also recently issued research reports about the company. Wall Street Zen cut Polestar Automotive Holding UK from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Polestar Automotive Holding UK in a report on Thursday. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $1.25.

Polestar Automotive Holding UK Stock Down 16.3%

Shares of PSNY stock opened at $0.52 on Monday. Polestar Automotive Holding UK has a 12-month low of $0.52 and a 12-month high of $1.42. The firm has a fifty day moving average of $0.89 and a 200-day moving average of $1.02. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of -0.81 and a beta of 1.35.

Polestar Automotive Holding UK (NASDAQ:PSNY) last posted its earnings results on Wednesday, September 3rd. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.02. The company had revenue of $790.79 million for the quarter, compared to analyst estimates of $850.00 million.

Institutional Investors Weigh In On Polestar Automotive Holding UK

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. UBS Group AG boosted its position in Polestar Automotive Holding UK by 22.6% in the third quarter. UBS Group AG now owns 2,409,258 shares of the company’s stock valued at $2,265,000 after buying an additional 443,359 shares in the last quarter. Deutsche Bank AG lifted its stake in shares of Polestar Automotive Holding UK by 22.5% in the 1st quarter. Deutsche Bank AG now owns 794,873 shares of the company’s stock valued at $835,000 after acquiring an additional 146,107 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Polestar Automotive Holding UK by 12.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 528,893 shares of the company’s stock valued at $555,000 after acquiring an additional 57,717 shares during the last quarter. California State Teachers Retirement System boosted its holdings in shares of Polestar Automotive Holding UK by 18.6% during the 2nd quarter. California State Teachers Retirement System now owns 458,629 shares of the company’s stock valued at $491,000 after acquiring an additional 72,023 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Polestar Automotive Holding UK by 61.2% during the 1st quarter. Advisors Asset Management Inc. now owns 449,227 shares of the company’s stock valued at $472,000 after acquiring an additional 170,563 shares in the last quarter. 1.02% of the stock is currently owned by institutional investors.

About Polestar Automotive Holding UK

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