Polar Power, Inc. (POLA)

NASDAQ: POLA · IEX Real-Time Price · USD
2.06
-0.11 (-5.07%)
At close: Dec 2, 2022 4:00 PM
2.24
+0.18 (8.74%)
After-hours: Dec 2, 2022 5:04 PM EST
-5.07%
Market Cap 28.10M
Revenue (ttm) 14.31M
Net Income (ttm) -3.83M
Shares Out 12.85M
EPS (ttm) -0.05
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 25,780
Open 2.1
Previous Close 2.17
Day's Range 2.04 - 2.23
52-Week Range 1.76 - 6.68
Beta 0.59
Analysts Buy
Price Target 25.50 (+1,137.9%)
Earnings Date Nov 21, 2022

About POLA

Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems, and mobile power systems. Its DC power systems are available in diesel, natural gas, LPG/propane, and renewable fuel formats. The company serves customers in the telecommunications, military, commercial, industrial, and marine markets. It sells its products through a direct sales fo... [Read more]

Industry Electrical Equipment
IPO Date Dec 7, 2016
CEO Arthur Sams
Employees 104
Stock Exchange NASDAQ
Ticker Symbol POLA
Full Company Profile

Financial Performance

In 2021, Polar Power's revenue was $16.90 million, an increase of 87.09% compared to the previous year's $9.03 million. Losses were -$1.41 million, -86.99% less than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for POLA stock is "Buy." The 12-month stock price forecast is 25.5, which is an increase of 1,137.86% from the latest price.

Price Target
$25.5
(1,137.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

7 Short-Squeeze Stocks for Bold Contrarians to Consider

Throughout much of the new normal, the concept of short-squeeze stocks took off like wildfire. Essentially, this tactic centers on taking a contrarian bet against bearish traders in Wall Street's versio...

1 week ago - InvestorPlace

Polar Power Reports Third Quarter 2022 Financial Results

GARDENA, CA, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported i...

2 weeks ago - GlobeNewsWire

7 Best Green Penny Stocks to Buy Now

Even the best green penny stocks are speculative investments. In fact, all penny stocks  are in the latter category.

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3 weeks ago - InvestorPlace

Polar Power Reports Second Quarter 2022 Financial Results

GARDENA, CA, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported i...

3 months ago - GlobeNewsWire

Polar Power Reports First Quarter 2022 Financial Results

GARDENA, CA, May 16, 2022 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported its financial resul...

6 months ago - GlobeNewsWire

6 Penny Stocks Making Major Moves Today: OP, NINE, ENSV, POLA, SUNW & MULN

Penny stocks are seeing incredible movement on Tuesday as retail traders ride along with a wave of rallies in the oil and mining sectors. The post 6 Penny Stocks Making Major Moves Today: OP, NINE, ENSV...

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8 months ago - InvestorPlace

Polar Power Reports Third Quarter 2021 Financial Results

GARDENA, CA, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid power solutions for telecommunications, military, and marine and whos...

1 year ago - GlobeNewsWire

Polar Power, Inc. Announces Closing of Public Offering

GARDENA, Calif., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Polar Power, Inc. (Nasdaq: POLA), today announced the closing of its previously announced public offering of 750,000 shares of its common stock at a pu...

1 year ago - GlobeNewsWire

Polar Power, Inc. Announces Pricing of Public Offering

GARDENA, Calif., Feb. 07, 2021 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), (“Polar Power” or the “Company”) today announced the pricing of its previously announced underwritten public offering...

1 year ago - GlobeNewsWire

Polar Power Announces $2.8 Million Private Placement

GARDENA, Calif., July 02, 2020 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid power solutions, today announced that it has entered into defin...

2 years ago - GlobeNewsWire

Polar Power Achieves Key Milestone in Its Solar Hybrid Systems and DC Generators for Telecom, Residential and Commerc...

GARDENA, Calif., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions announced it has received certification from...

2 years ago - GlobeNewsWire

Penny Stocks to Watch for December 2019

Some penny stocks may prove strong enough to navigate a recession safely and perhaps flourish because of the tough circumstances.

Other symbols: AEGOIIM
3 years ago - Investopedia

Polar Power, Inc. (POLA) Reports Break-Even Earnings for Q3

Polar Power, Inc. (POLA) delivered earnings and revenue surprises of -100.00% and -13.26%, respectively, for the quarter ended September 2019.

3 years ago - Zacks Investment Research

Utilities Top S&P 500 Amid Market Volatility: 5 Best Picks

Utilities are a safe bet during times of market turmoil, as they are relatively stable due to the essential nature of the products they offer.

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3 years ago - Zacks Investment Research

Polar Power to Present at the 8th Annual Gateway Conference on September 4, 2019

GARDENA, Calif., Aug. 29, 2019 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid solutions, has been invited to present at the 8th Annual Gatewa...

3 years ago - GlobeNewsWire

Polar Power Announces Share Repurchase Program

GARDENA, Calif., Aug. 28, 2019 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, announced that its Board of Directors has...

3 years ago - GlobeNewsWire

Polar Power, Inc. (POLA) Surpasses Q2 Earnings and Revenue Estimates

Polar Power, Inc. (POLA) delivered earnings and revenue surprises of 500.00% and 31.96%, respectively, for the quarter ended June 2019.

3 years ago - Zacks Investment Research

Analysts Estimate Polar Power, Inc. (POLA) to Report a Decline in Earnings: What to Look Out for

Polar Power, Inc. (POLA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

3 years ago - Zacks Investment Research

Polar Power, Inc. (POLA) Q1 Earnings and Revenues Top Estimates

Polar Power, Inc. (POLA) delivered earnings and revenue surprises of 150.00% and 19.19%, respectively, for the quarter ended March 2019.

3 years ago - Zacks Investment Research

Will Polar Power, Inc. (POLA) Report Negative Q1 Earnings?

Polar Power, Inc. (POLA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

3 years ago - Zacks Investment Research