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NASDAQ:PSNY

Polestar Automotive Holding UK (PSNY) Stock Price, News & Analysis

$0.84
-0.08 (-8.69%)
(As of 05/23/2024 ET)
Today's Range
$0.74
$0.94
50-Day Range
$0.84
$1.68
52-Week Range
$0.74
$4.96
Volume
22.77 million shs
Average Volume
4.22 million shs
Market Capitalization
$1.79 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.48

Polestar Automotive Holding UK MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
313.6% Upside
$3.48 Price Target
Short Interest
Bearish
6.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.12mentions of Polestar Automotive Holding UK in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.63) to ($0.18) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.62 out of 5 stars

Auto/Tires/Trucks Sector

71st out of 78 stocks

Motor Vehicles & Car Bodies Industry

19th out of 25 stocks

PSNY stock logo

About Polestar Automotive Holding UK Stock (NASDAQ:PSNY)

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

PSNY Stock Price History

PSNY Stock News Headlines

Dump These 3 Dimming EV Stocks Before It's Too Late
PSNYW Polestar Automotive Holding UK PLC
Polestar: Uphill Battle Continues
See More Headlines
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Company Calendar

Last Earnings
8/31/2023
Today
5/23/2024
Next Earnings (Estimated)
5/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Current Symbol
NASDAQ:PSNY
Fax
N/A
Employees
2,377
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.48
High Stock Price Target
$9.00
Low Stock Price Target
$1.15
Potential Upside/Downside
+313.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-465,790,000.00
Pretax Margin
-25.41%

Debt

Sales & Book Value

Annual Sales
$2.46 billion
Book Value
($0.06) per share

Miscellaneous

Outstanding Shares
2,134,910,000
Free Float
2,134,484,000
Market Cap
$1.79 billion
Optionable
Optionable
Beta
1.52
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Key Executives

  • Mr. Thomas Ingenlath (Age 60)
    CEO & Director
  • Mr. Per Ansgar
    Chief Financial Officer
  • Roger Molin
    Head of Group Financial Accounting & Control
  • Mr. Lutz Stiegler
    Chief Technology Officer
  • Ms. Bojana Flint
    Head of Investor Relations?
  • Mr. Kristian Elvefors
    Global Head of Sales
  • Mr. Mikael Alkmark
    Deputy Chief Financial Officer
  • Mr. Jonas Engström
    Head of Operations
  • Ms. Maria Lexe
    Chief Digital Officer

PSNY Stock Analysis - Frequently Asked Questions

Should I buy or sell Polestar Automotive Holding UK stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Polestar Automotive Holding UK in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PSNY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSNY, but not buy additional shares or sell existing shares.
View PSNY analyst ratings
or view top-rated stocks.

What is Polestar Automotive Holding UK's stock price target for 2024?

6 brokers have issued 12-month price objectives for Polestar Automotive Holding UK's stock. Their PSNY share price targets range from $1.15 to $9.00. On average, they anticipate the company's stock price to reach $3.48 in the next twelve months. This suggests a possible upside of 313.6% from the stock's current price.
View analysts price targets for PSNY
or view top-rated stocks among Wall Street analysts.

How have PSNY shares performed in 2024?

Polestar Automotive Holding UK's stock was trading at $2.26 at the start of the year. Since then, PSNY stock has decreased by 62.8% and is now trading at $0.8401.
View the best growth stocks for 2024 here
.

How were Polestar Automotive Holding UK's earnings last quarter?

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) issued its earnings results on Thursday, August, 31st. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.01. The firm earned $685.25 million during the quarter.

What ETFs hold Polestar Automotive Holding UK's stock?

ETFs with the largest weight of Polestar Automotive Holding UK (NASDAQ:PSNY) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) and Fidelity Electric Vehicles and Future Transportation ETF (FDRV).iShares Self-Driving EV and Tech ETF (IDRV).

Who are Polestar Automotive Holding UK's major shareholders?

Polestar Automotive Holding UK's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Susquehanna Portfolio Strategies LLC (0.02%), Green Alpha Advisors LLC (0.01%), Mitsubishi UFJ Asset Management Co. Ltd. (0.01%), Tidal Investments LLC (0.01%), Healthcare of Ontario Pension Plan Trust Fund (0.01%) and Simplex Trading LLC (0.00%).

How do I buy shares of Polestar Automotive Holding UK?

Shares of PSNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PSNY) was last updated on 5/24/2024 by MarketBeat.com Staff

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