Polestar Automotive Holding UK PLC (PSNY)
| Market Cap | 2.28B |
| Revenue (ttm) | 2.03B |
| Net Income (ttm) | -2.05B |
| Shares Out | 2.11B |
| EPS (ttm) | -0.97 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,677,360 |
| Open | 1.105 |
| Previous Close | 1.090 |
| Day's Range | 1.080 - 1.110 |
| 52-Week Range | 0.610 - 1.940 |
| Beta | 1.94 |
| Analysts | Hold |
| Price Target | 1.26 (+16.67%) |
| Earnings Date | Aug 28, 2025 |
About PSNY
Polestar Automotive Holding UK PLC engages in the research and development, marketing, commercialization, and sale of battery electric vehicles and related technology solutions. The company offers battery electric vehicles, including Polestar 2 (PS2), a fast-back sedan; Polestar 3 (PS3), an aero sport-utility vehicle; Polestar 4 (PS4), a sport utility vehicle; Polestar 5 (PS5), a sport grand-touring sedan; and Polestar 6 (PS6), a roadster. It also provides vehicle accessories; software and performance engineered kits; and carbon credits, as wel... [Read more]
Financial Performance
In 2024, PSNY's revenue was $2.03 billion, a decrease of -14.10% compared to the previous year's $2.37 billion. Losses were -$2.05 billion, 73.4% more than in 2023.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for PSNY stock is "Hold." The 12-month stock price target is $1.26, which is an increase of 16.67% from the latest price.
News
EV maker Polestar to produce new model in Europe
Sweden-based electric vehicle maker Polestar said on Thursday its upcoming SUV model Polestar 7 will be manufactured at Volvo Cars' under-construction factory in Slovakia, making it its first car to b...
European production of Polestar 7 confirmed in Kosice, Slovakia
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) is taking the next step in diversifying its contract manufacturing footprint by expanding it to Europe. The Company has signed a memorandum...
Polestar Secures $200 Million Equity Investment and Prepares to Launch New Electric Vehicles
Swedish electric vehicle brand Polestar has gained a $200 million equity investment from PSD Investment, which is an existing investor and is controlled by Geely Holding Group Founder and Chairman Shu...
Polestar announces USD 200 million equity investment
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) announces a USD 200 million equity investment by PSD Investment Limited (“PSD Investment”), an existing investor, an entity that is control...
Polestar restarts market expansion with France
Swedish premium carmaker Polestar will start delivering its electric vehicles in France this year with the goal of making it one of its three main European markets, its top executive for the country t...
Polestar Sets Date for AGM and Announces Board Changes
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) announces that in conjunction with its Annual General Meeting (AGM) to be held in London on 30 June 2025, certain changes to the Company's ...
Polestar: Keep Selling Until Equity Raised
Polestar's Q1 results showed progress, with a 76% increase in deliveries and 84% revenue growth, but the top line missed street estimates. The balance sheet remains troubled, with $732 million in cash...
Polestar Automotive Holding (PSNY) Q1 2025 Earnings Call Transcript
Polestar Automotive Holding UK PLC (NASDAQ:PSNY) Q1 2025 Earnings Conference Call May 12, 2025 8:00 AM ET Company Participants Michael Lohscheller - Chief Executive Officer Jean-François Mady - Chief...
Polestar narrows quarterly loss on cost-saving push, improved demand
Swedish electric-vehicle maker Polestar reported a 31% reduction in its quarterly loss on Monday, in a sign that the company's efforts to cut costs across its business and push sales of its higher-pri...
Polestar reports Q1 2025 revenue growth of 84% and significant gross margin improvement to positive
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) reports select financial and operational results for the quarter ended March 31, 2025 (Q1 2025). Michael Lohscheller, Polestar CEO, said: “...
Polestar Sets the Date for Q1 2025 Select Results
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) expects to publish Q1 2025 select financial results on 12 May 2025, before market open. Management will host a conference call at 14:00 Cen...
EV maker recalls more than 27K vehicles over risk malfunction in key component
Electric vehicle manufacturer Polestar has recalled over 27k vehicles following the discovery of a rear-view camera malfunction.
EV maker Polestar recalls 27,816 US vehicles, NHTSA says
Electric vehicle maker Polestar is recalling 27,816 cars in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday.
EV maker Polestar pauses annual forecast amid tariff uncertainty
Polestar paused its 2025 forecast on Wednesday as the electric-vehicle maker braces for a potential hit from sweeping U.S. tariffs that threaten to roil supply chains and push up car prices.
Polestar provides updates on financial guidance for 2025 and 2024 20-F
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) today filed a notice with the U.S. Securities and Exchange Commission (SEC) stating it needs additional time to complete work for its 2024 ...
Polestar Annual Sustainability Report announces a 25% cut in emissions per sold car
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (NASDAQ: PSNY) has published its fourth Annual Sustainability report, announcing significant GHG reductions, updates on the Polestar 0 project and a conti...
Polestar EV sales jump in Q1 on discounts like ‘Tesla conquest' bonus
Swedish electric vehicle maker Polestar saw its first-quarter sales jump 76% compared to the same period in 2024 after it began offering discounts and other promotions, including ones geared towards l...
EV maker Polestar bids to lure disgruntled Tesla owners with discounts
Polestar is offering discounts of up to $20,000 towards a lease of its Polestar 3 vehicle for current Tesla owners in the United States, as the Swedish EV maker targets drivers shunning CEO Elon Musk'...
EV maker Polestar's quarterly sales jump on offers, discounts
Electric vehicle maker Polestar's first-quarter sales jumped 76% on Thursday as discounts and offers helped offset stiff competition and an uncertain economic outlook.
Polestar Q1 retail sales grew by 76% compared to the same quarter last year
GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) retail sales volumes amounted to an estimated 12,304 cars in Q1 2025, up 76% versus Q1 2024 and were stable versus Q4 2024, against a chall...
How are Mullen Automotive, Polestar, Faraday Future stocks doing?
Electric vehicle stocks have been mixed this year, with Chinese brands like XPeng, BYD, and Li Auto doing well. American brands like Tesla, Rivian, and Lucid remained under pressure as their growth sl...
Polestar: 2025 Needs To Be Electric
Polestar Automotive Holding UK PLC has continued to burn cash as market conditions have been challenging in especially Europe, and the company has failed to maintain sales. As liquidity is running low...
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Polestar Automotive
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Polestar To Contact Him Directly To Discuss Their Options
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Polestar Automotive
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Polestar To Contact Him Directly To Discuss Their Options If you purchased securitie...
Polestar Vs. Tesla: Can Smaller EV Company Disrupt Giant Facing Boycotts, Protests With 'Trade In' Offer?
Electric vehicle company Polestar Automotive Holding PSNY has used several strategies to increase its sales and brand awareness in recent years. A new promotion aimed at Tesla Inc TSLA is gaining stea...