Polestar Automotive Holding UK PLC (PSNY)
NASDAQ: PSNY · Real-Time Price · USD
1.050
+0.010 (0.95%)
Nov 21, 2024, 11:44 AM EST - Market open

PSNY Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for PSNY stock have an average target of 1.64, with a low estimate of 0.78 and a high estimate of 3.00. The average target predicts an increase of 56.21% from the current stock price of 1.05.

Analyst Consensus: Hold
Target Low Average Median High
Price $0.78 $1.64 $1.50 $3.00
Change -25.71% +56.21% +42.87% +185.74%
* Price targets were last updated on Sep 30, 2024.

Analyst Ratings

The average analyst rating for PSNY stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 110000
Buy 111111
Hold 222444
Sell 112222
Strong Sell 000000
Total 555777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$3
Buy Reiterates $3 +185.74% Sep 30, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$3
Buy Reiterates $3 +185.74% Sep 23, 2024
Deutsche Bank
Deutsche Bank
Hold
Initiates
$1.5
Hold Initiates $1.5 +42.87% Sep 10, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$3
Buy Reiterates $3 +185.74% Sep 9, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$2$1.5
Hold Maintains $2$1.5 +42.87% Sep 4, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
3.35B
from 2.38B
Increased by 40.97%
Revenue Next Year
6.52B
from 3.35B
Increased by 94.45%
EPS This Year
-0.51
from -0.57
EPS Next Year
-0.36
from -0.51
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
92.42M610.25M1.35B2.44B2.38B3.35B6.52B10.13B
Revenue Growth
-79.97%560.33%120.62%81.54%-2.68%40.97%94.45%55.37%
EPS
-0.99-0.29-0.51-0.24-0.57-0.51-0.36-0.25
EPS Growth
--------
Forward PE
--------
No. Analysts -----10107
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 5.9B 9.1B 12.5B
Avg 3.4B 6.5B 10.1B
Low 2.4B 4.4B 7.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
149.2%
170.8%
92.3%
Avg
41.0%
94.5%
55.4%
Low
0.8%
31.6%
12.8%

EPS Forecast

EPS 202420252026
High -0.43 -0.23 -0.04
Avg -0.51 -0.36 -0.25
Low -0.57 -0.48 -0.63

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.