Wall Street Zen Downgrades Polestar Automotive Holding UK (NASDAQ:PSNY) to Strong Sell

Key Points

• Wall Street Zen downgraded Polestar to “strong sell,” while other analysts remain bearish; the stock has an average “Sell” rating.
• Polestar reported a larger-than-expected quarterly loss of $3.15 per share and revenue of $680.1 million, below the $878.1 million consensus estimate.
• A $400 million convertible loan from a Geely affiliate provides near-term liquidity, but declining deliveries, heavy cash burn and potential shareholder dilution continue to pressure the company.

Polestar Automotive Holding UK (NASDAQ:PSNY - Get Free Report) was downgraded by Wall Street Zen from a "sell" rating to a "strong sell" rating in a research report issued on Saturday, Wall Street Zen reports.

A number of other equities analysts also recently commented on the company. Weiss Ratings downgraded Polestar Automotive Holding UK from a "sell (d-)" rating to a "sell (e+)" rating in a report on Tuesday, August 25th. Cantor Fitzgerald reiterated an "underweight" rating on shares of Polestar Automotive Holding UK in a research note on Friday. One research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Sell".

Polestar Automotive Holding UK Stock Up 6.0%

PSNY opened at $9.21 on Friday. Polestar Automotive Holding UK has a 12-month low of $8.03 and a 12-month high of $31.50. The firm has a market capitalization of $859.66 million, a P/E ratio of -0.48 and a beta of 1.32. The stock has a fifty day moving average of $14.85 and a 200-day moving average of $17.73.

Polestar Automotive Holding UK (NASDAQ:PSNY - Get Free Report) last posted its quarterly earnings results on Thursday, September 3rd. The company reported ($3.15) earnings per share for the quarter, missing the consensus estimate of ($2.19) by ($0.96). The company had revenue of $680.05 million during the quarter, compared to analysts' expectations of $878.10 million. On average, analysts expect that Polestar Automotive Holding UK will post -8.08 earnings per share for the current fiscal year.

Insider Activity

In other Polestar Automotive Holding UK news, Director Xiaojie (Laura) Shen purchased 2,436 shares of the stock in a transaction dated Monday, June 29th. The shares were bought at an average cost of $17.31 per share, with a total value of $42,167.16. Following the completion of the transaction, the director owned 7,369 shares in the company, valued at $127,557.39. This trade represents a 49.38% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Quan (Joe) Zhang acquired 1,700 shares of the company's stock in a transaction dated Tuesday, June 30th. The stock was acquired at an average price of $17.70 per share, for a total transaction of $30,090.00. Following the completion of the purchase, the director directly owned 3,300 shares of the company's stock, valued at $58,410. This trade represents a 106.25% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have acquired 15,129 shares of company stock worth $264,398. Insiders own 0.02% of the company's stock.

Institutional Trading of Polestar Automotive Holding UK

Several hedge funds have recently added to or reduced their stakes in the business. California State Teachers Retirement System increased its position in Polestar Automotive Holding UK by 2,733.7% in the 2nd quarter. California State Teachers Retirement System now owns 1,318,995 shares of the company's stock worth $24,771,000 after buying an additional 1,272,449 shares during the period. Nykredit A S acquired a new position in shares of Polestar Automotive Holding UK during the second quarter worth approximately $65,000. Public Employees Retirement System of Ohio bought a new stake in shares of Polestar Automotive Holding UK in the second quarter valued at approximately $277,000. EverSource Wealth Advisors LLC boosted its position in shares of Polestar Automotive Holding UK by 28,277.8% in the first quarter. EverSource Wealth Advisors LLC now owns 2,554 shares of the company's stock valued at $47,000 after acquiring an additional 2,545 shares during the period. Finally, Swiss National Bank grew its stake in shares of Polestar Automotive Holding UK by 195.4% in the first quarter. Swiss National Bank now owns 88,893 shares of the company's stock worth $1,637,000 after acquiring an additional 58,800 shares during the last quarter. Institutional investors own 1.02% of the company's stock.

Key Headlines Impacting Polestar Automotive Holding UK

Here are the key news stories impacting Polestar Automotive Holding UK this week:

• Positive Sentiment: Polestar secured a $400 million convertible term loan from a Geely affiliate. The funding should provide near-term liquidity and support operations, although the convertible structure could create future shareholder dilution. Polestar Secures USD 400 Million Convertible Term Loan from Geely Affiliate
• Neutral Sentiment: Polestar reported a narrower first-half net loss, but revenue declined. Its quarterly results included revenue of approximately $680.1 million and a loss of $3.15 per share, underscoring that the company remains unprofitable. Polestar Narrows Net Loss but Sees Revenue Dip in First-Half 2026 Results
• Negative Sentiment: Management cut its full-year delivery forecast after U.S. restrictions on China-linked electric vehicles effectively forced Polestar out of the U.S. market. Weak EV demand and intense competition are adding pressure to sales growth. Polestar cuts full-year delivery forecast after US bars China-linked EV maker
• Negative Sentiment: Investors remain concerned about declining deliveries, lower revenue, continued heavy losses, cash burn and negative working capital exceeding $4.7 billion. Analysts at Cantor Fitzgerald reaffirmed an “underweight” rating, reinforcing the cautious outlook.

Polestar Automotive Holding UK Company Profile

Polestar Automotive Holding UK PLC NASDAQ: PSNY is an electric performance car company specializing in the design, development and manufacture of premium electric vehicles. Established as an offshoot of Volvo Car Group’s high-performance Polestar division, the company focuses on delivering a blend of Scandinavian design, advanced electric powertrains and cutting-edge connectivity features.

The roots of Polestar date back to 1996 when it operated as Volvo’s in-house tuning and motorsport arm.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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