FY2025 EPS Estimates for PSNY Decreased by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has decreased its FY2025 EPS estimate for Polestar Automotive Holding UK to ($0.93) per share, down from a previous estimate of ($0.56), maintaining a "Neutral" rating on the stock.
• Polestar's shares opened at $1.01, experiencing a 2.9% decline and reflecting a market capitalization of $2.16 billion.
• Institutional investors have shown activity in Polestar, with some, like Russell Investments Group, increasing their positions by as much as 45% during the second quarter.

Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) - Research analysts at Cantor Fitzgerald dropped their FY2025 earnings per share (EPS) estimates for shares of Polestar Automotive Holding UK in a research note issued to investors on Thursday, September 4th. Cantor Fitzgerald analyst A. Sheppard now expects that the company will post earnings per share of ($0.93) for the year, down from their prior forecast of ($0.56). 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 ($0.60) EPS.

Polestar Automotive Holding UK Stock Up 2.4%

PSNY stock traded up $0.02 during midday trading on Monday, reaching $0.98. 3,431,342 shares of the company's stock traded hands, compared to its average volume of 4,407,806. The company has a 50-day simple moving average of $1.10 and a two-hundred day simple moving average of $1.08. Polestar Automotive Holding UK has a 1-year low of $0.84 and a 1-year high of $1.94. The company has a market cap of $2.09 billion, a price-to-earnings ratio of -1.72 and a beta of 1.44.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PSNY. Raymond James Financial Inc. bought a new position in Polestar Automotive Holding UK in the 4th quarter valued at $33,000. SCS Capital Management LLC bought a new position in Polestar Automotive Holding UK in the 1st quarter valued at $43,000. Russell Investments Group Ltd. boosted 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 valued at $51,000 after buying an additional 14,877 shares during the last quarter. Focus Partners Wealth bought a new position in Polestar Automotive Holding UK in the 1st quarter valued at $62,000. Finally, Captrust Financial Advisors boosted 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 valued at $63,000 after buying an additional 17,700 shares during the last quarter. 1.02% of the stock is currently owned by 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.