Polestar Automotive Holding UK PLC (PSNY)
|Net Income (ttm)||-730.85M|
|Day's Range||2.10 - 2.25|
|52-Week Range||1.98 - 7.66|
|Price Target||5.00 (+132.56%)|
|Earnings Date||Nov 8, 2023|
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden. [Read more]
In 2022, PSNY's revenue was $2.46 billion, an increase of 84.11% compared to the previous year's $1.34 billion. Losses were -$465.79 million, -53.77% less than in 2021.Financial Statements
According to 4 analysts, the average rating for PSNY stock is "Buy." The 12-month stock price forecast is $5.0, which is an increase of 132.56% from the latest price.
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) confirms the successful start of production of Polestar 4, with first deliveries to customers in China expected before the end of 2023. Off...
Polestar CEO Thomas Ingenlath: We are open to international investment
Matt Miller and Guy Johnson interview Polestar CEO Thomas Ingenlath on Bloomberg and discuss the company's new models and outlook for EVs. --------
Polestar ($PSNY), Luminar ($LAZR), and MobilEye ($MBLY) to Integrate Autonomous Driving Capabilities
Luminar Technologies (NASDAQ: LAZR), a leading automotive technology company, has announced a collaboration with electric vehicle manufacturer Polestar Automotive (NASDAQ: PSNY) and autonomous technol...
Israeli start-up StoreDot said on Thursday Polestar Automotive will be the first automaker to incorporate its fast-charging battery cells, which can be recharged almost to full in 10 minutes, in its v...
Polestar (NASDAQ: PSNY) stock price freefall continued as the company slashed its guidance and warned of an impending capital raise. The shares collapsed to a low of $2.18 on Thursday, the lowest leve...
Polestar said it is targeting a gross profit margin in the high teens, and deliveries of 155,000 to 165,000 vehicles, in 2025.
GOTHENBURG, Sweden , Nov. 8, 2023 /PRNewswire/ -- Volvo Cars welcomes the strengthened business plan announced by Polestar today, which aims to take the company into a new phase of growth and profitab...
Polestar Automotive provided an updated business plan to investors on Wednesday. Things aren't getting better for the electric vehicle start-up.
Swedish electric vehicle (EV) maker Polestar trimmed its 2023 delivery forecast on Wednesday to the lower end of its earlier guidance and halved its gross margin target, amid fears of a slowdown in EV...
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar Automotive Holding UK PLC (“Polestar” or the “Company,” Nasdaq: PSNY), the Swedish electric performance car brand, reports its preliminary unaudited finan...
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, today presents a strengthened business plan which targets an acceler...
Electric vehicle maker Polestar said on Monday that it had signed an agreement with South Korean battery manufacturer SK On for the supply of battery cell modules for its upcoming Polestar 5 EV.
The company said it would raise the funds through a variety of methods, including share sales in a filing with the Securities and Exchange Commission late Tuesday.
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY), the Swedish electric performance car brand, invites shareholders to attend an exclusive, in-person event on 9 November 2023 in Los Angeles...
Electric-vehicle start-ups VinFast and Polestar reported third-quarter delivery figures. VinFast delivered fewer cars but the stock is up more.
Swedish EV company Polestar delivered 13,900 vehicles in Q3, on track for 60,000 to 70,000 for the year
Polestar Automotive Holding UK PLC's stock PSNY, -5.02% rose 1.5% in premarket trade Thursday, after the Swedish electric vehicle company said it delivered about 13,900 vehicles in the third quarter, ...
Polestar Achieves Record Third Quarter Deliveries, up 50% Year-on-Year; Expects Higher Margins for the Remainder of 2023
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, reports its global deliveries for the third quarter of 2023. Polesta...
Traditional automakers are looking to boost the software and driverless features of their cars in a bid to catch up to Tesla and appeal to Chinese consumers.
Barclays analyst Dan Levy downgraded Polestar Automotive stock to Sell from Hold, and lowered his price target to $3 from $5.
Polestar, the Swedish EV maker owned by China's Geely Holdings, plans to launch a smartphone alongside its upcoming SUV the Polestar 4. CEO Thomas Ingenlath shared the company's smartphone plans with ...
The move underscores the way in which electric vehicle makers launching in China like Polestar are putting technology at the heart of their offering.
Polestar is still on track to build 60,000 to 70,000 EVs in 2023, with two new models coming in the next several months.
The EV maker reported a per-share loss of 14 cents from sales of $685 million. Wall Street was looking for a loss of 13 cents from sales of $756 million.
Swedish electric vehicle maker Polestar's operating loss narrowed in its second quarter as the auto industry slowly recovers from pandemic-related supply chain bottlenecks.
Polestar Reports Results for the Second Quarter, Expects Continued Strong Momentum for the Rest of the Year
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar Automotive Holding UK PLC, the Swedish electric performance car brand, today reports its results for the second quarter of 2023.