Polar Power Stock Forecast, Price & News

Wall Street analysts have given Polar Power a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Polar Power wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Polar Power is scheduled to release its next quarterly earnings announcement on Monday, March 8th 2021.
View our earnings forecast for Polar Power.

Polar Power, Inc. (NASDAQ:POLA) issued its quarterly earnings results on Monday, June, 29th. The utilities provider reported ($0.02) EPS for the quarter, topping the Zacks' consensus estimate of ($0.07) by $0.05. The utilities provider earned $2.86 million during the quarter. Polar Power had a negative trailing twelve-month return on equity of 71.09% and a negative net margin of 162.27%.
View Polar Power's earnings history.

Polar Power's stock was trading at $1.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, POLA stock has increased by 446.3% and is now trading at $9.56.
View which stocks have been most impacted by COVID-19.

8 employees have rated Polar Power CEO Arthur D. Sams on Glassdoor.com. Arthur D. Sams has an approval rating of 27% among Polar Power's employees. This puts Arthur D. Sams in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Polar Power include CBAK Energy Technology (CBAT), Eos Energy Enterprises (EOSE), Romeo Power (RMO), Byrna Technologies (BYRN), AMCI Acquisition (AMCI), Security Devices International (SDEV), Flux Power (FLUX), Ultralife (ULBI), Evercel (EVRC), Sono-Tek (SOTK), Manhattan Scientifics (MHTX), mPhase Technologies (XDSL), Evans & Sutherland Computer (ESCC), TNR Technical (TNRK) and Environmental Tectonics (ETCC).
View all of POLA's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Polar Power investors own include NVIDIA (NVDA), Workhorse Group (WKHS), Inovio Pharmaceuticals (INO), Pfizer (PFE), FuelCell Energy (FCEL), iBio (IBIO), Square (SQ), Zoom Video Communications (ZM), Merck & Co., Inc. (MRK) and Nokia (NOK).

(POLA) raised $15 million in an initial public offering on Wednesday, December 7th 2016. The company issued 2,000,000 shares at a price of $7.00-$8.00 per share. Roth Capital Partners and Joseph Gunnar acted as the underwriters for the IPO and Feltl and Company was co-manager.

Polar Power trades on the NASDAQ under the ticker symbol "POLA."

Polar Power's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Virtu Financial LLC (0.52%), Baird Financial Group Inc. (0.34%), Credit Suisse AG (0.30%), Renaissance Technologies LLC (0.13%) and Dimensional Fund Advisors LP (0.11%).

POLA stock was bought by a variety of institutional investors in the last quarter, including Credit Suisse AG, Virtu Financial LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, and Baird Financial Group Inc..

Shares of POLA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of POLA stock can currently be purchased for approximately $9.56.

Polar Power has a market capitalization of $122.25 million and generates $24.80 million in revenue each year.

Polar Power employs 179 workers across the globe.

The official website for Polar Power is www.polarpower.com.

Polar Power is headquartered at 249 E. GARDENA BOULEVARD, GARDENA CA, 90248.

Polar Power's mailing address is 249 E. GARDENA BOULEVARD, GARDENA CA, 90248. The utilities provider can be reached via phone at 310-830-9153 or via email at [email protected]