Polestar Automotive Holding UK PLC (PSNY)

NASDAQ: PSNY · IEX Real-Time Price · USD
5.82
+0.66 (12.79%)
Oct 4, 2022 12:05 PM EDT - Market open
12.79%
Market Cap 12.27B
Revenue (ttm) 2.38B
Net Income (ttm) -1.50B
Shares Out 2.11B
EPS (ttm) 1.84
PE Ratio 3.16
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,662,572
Open 5.40
Previous Close 5.16
Day's Range 5.32 - 5.85
52-Week Range 4.92 - 16.41
Beta n/a
Analysts Sell
Price Target 11.73 (+101.5%)
Earnings Date n/a

About PSNY

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...]

Industry Automobiles
Founded 2017
Employees 1,300
Stock Exchange NASDAQ
Ticker Symbol PSNY
Full Company Profile

Financial Performance

In 2021, PSNY's revenue was $1.34 billion, an increase of 119.12% compared to the previous year's $610.25 million. Losses were -$1.01 billion, 107.8% more than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for PSNY stock is "Sell." The 12-month stock price forecast is 11.73, which is an increase of 101.55% from the latest price.

Price Target
$11.73
(101.55% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Better EV Stock: Rivian vs. Polestar

These two promising EV stocks stand out in a market filled with failures.

Other symbols: RIVN
2 days ago - The Motley Fool

Is Polestar Stock a Buy Now?

This high-end EV maker's stock is hovering near an all-time low.

5 days ago - The Motley Fool

Polestar Automotive ($PSNY) to Reveal Electric Performance Polestar 3 SUV at Launch Event in Denmark

Polestar Automotive ($PSNY) will premiere its first SUV, the Polestar 3, at a launch event on October 12, 2022 in Copenhagen, Denmark. The company says that the Polestar 3 model is a powerful, design-le...

6 days ago - Green Stock News

The SUV for the electric age - Polestar 3 premieres on 12 October

GOTHENBURG, Sweden , Sept. 28, 2022 /PRNewswire/ -- Polestar (Nasdaq: PSNY) will premiere its first SUV, Polestar 3, at a launch event on 12 October 2022 in Copenhagen, Denmark.

6 days ago - PRNewsWire

Polestar Gets Sell Rating. Its Shares Rise.

The world of small-cap electric vehicles stocks has been wild, and Polestar's jump today is the latest proof.

3 weeks ago - Barrons

Why Is Polestar (PSNY) Stock Down Today?

Source: Robert Way / Shutterstock.com Polestar (NASDAQ: PSNY ) stock is falling on Thursday following the release of its earnings data for the first half of 2022. The big news from that report is an ope...

1 month ago - InvestorPlace

Polestar Tops a Sales Estimate. Why the Stock Is Falling Anyway.

The electric vehicle maker scored a beat based on a single estimate. The problem: Only two analysts follow the stock.

1 month ago - Barrons

Why Polestar Dropped Double Digits Today

The EV maker topped $1 billion in revenue for the first half of 2022.

1 month ago - The Motley Fool

EV Maker Polestar and Candela Team Up to Produce Electric Boats

The electric boat revolution is underway, with Candela already producing premium electric leisure watercraft and planning to enter the commercial market.

1 month ago - The Motley Fool

7 EV Stocks to Buy Ahead of a Green Tidal Wave

Through the Democratic budget bill that was recently signed into law, the U.S. government has adopted an aggressive, pro-growth policy that's designed to fight climate change. Support for the electric v...

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1 month ago - InvestorPlace

How the New EV Tax Credit Law Could Impact Automakers

Congress's passage of the $369 billion climate and tax package enacts a new round of $7,500 tax credits for EV buyers. But a tangle of requirements will reward some automakers while penalizing others.

1 month ago - The Motley Fool

Polestar (PSNY) Stock Falls Despite Electric Boat Plans

In today's topsy-turvy market, investors appear to be taking a more cautious approach to equities. Such is the case with premium electric vehicle (EV) maker Polestar (NASDAQ: PSNY ), with PSNY stock dow...

1 month ago - InvestorPlace

EV maker Polestar to provide batteries for 'flying' electric boats

Efforts to address the environmental effects of marine transport are being made in a number of ways.

1 month ago - CNBC

Polestar CEO sees value in EVs, even when they're parked

In its five years as a standalone automaker, Polestar has placed into production two vehicles and announced the delivery schedule of four additional vehicles. The latest, the Polestar 6, is an electric ...

1 month ago - TechCrunch

Polestar 6 Electric Roadster Slated for 2026 Production, Based on the O2 Concept

The gorgeous 884-horsepower sport convertible concept is production-bound and will use the same high-performance EV architecture as the upcoming Polestar 5 sedan.

1 month ago - CNET

Polestar is launching an EV roadster in 2026 called the Polestar 6

Electric vehicle maker Polestar said Tuesday that it is expanding its lineup to include an 884-horsepower hard-top convertible with recycled polyester upholstery. The Polestar 6 electric performance roa...

1 month ago - TechCrunch

Polestar will launch a hot new electric roadster — but not until 2026

Polestar said it will build a version of its popular O2 roadster show car. Production won't start until 2026, but interested buyers can reserve now.

1 month ago - CNBC

Polestar Electric Roadster Concept Planned to Enter Production as Polestar 6

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY), the Swedish electric performance car company, confirms plans to put the Polestar electric roadster concept into production. The production c...

1 month ago - Business Wire

Why Are EV Stocks WKHS, NKLA, FSR, PSNY Up Today?

In the world of speculative electric vehicle (EV) stocks, it's a great day to be an investor. As of early afternoon trading, shares of Workhorse (NASDAQ: WKHS ), Nikola (NASDAQ: NKLA ), Fisker (NYSE: FS...

Other symbols: FSRNKLAWKHS
1 month ago - InvestorPlace

PSNY Stock Alert: Will Partnerships Be Key for Polestar?

Source: Robert Way / Shutterstock.com Polestar Automotive (NASDAQ: PSNY ) stock is a hot topic after Deutsche Bank analyst Emmanuel Rosner initiated coverage on Monday. The coverage from Rosner kicks of...

2 months ago - InvestorPlace

Don't Just Sit Back While EV Stocks Break Out This Year

The time to buy those high-quality EV stocks is now. 2022 is proving to be a huge breakout year for electric vehicles.

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2 months ago - InvestorPlace

7 Stocks Under $10 That Can Double in One Year

Stocks under $10 that have strong fundamentals and can bounce-back by 100% from oversold levels in the next 12-months. The post 7 Stocks Under $10 That Can Double in One Year appeared first on InvestorP...

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2 months ago - InvestorPlace

Why Are EV Stocks LCID, RIVN, PSNY, GOEV Down Today?

Senator Joe Manchin just scuttled Democrat efforts at clean energy funding, driving down EV stocks in a complex political dynamic. The post Why Are EV Stocks LCID, RIVN, PSNY, GOEV Down Today?

Other symbols: GOEVLCIDRIVN
2 months ago - InvestorPlace

Tesla Rival Polestar's Electric Vehicle Deliveries Soared 123% in the First Half of 2022

The newly public electric vehicle maker is on track to deliver 50,000 cars in 2022.

2 months ago - The Motley Fool

PSNY Stock Alert: Polestar Announces 125% Sales Increase So Far in 2022

Polestar Automotive (PSNY) stock is rising higher on Wednesday following an update on the company's performance in 2022. The post PSNY Stock Alert: Polestar Announces 125% Sales Increase So Far in 2022 ...

2 months ago - InvestorPlace