Polestar Automotive Holding UK PLC (PSNY)
NASDAQ: PSNY · IEX Real-Time Price · USD
0.905
-0.011 (-1.21%)
At close: Jul 2, 2024, 4:00 PM
0.890
-0.015 (-1.62%)
After-hours: Jul 2, 2024, 7:57 PM EDT
PSNY Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for PSNY stock have an average target of 3.94, with a low estimate of 1.70 and a high estimate of 9.00. The average target predicts an increase of 335.50% from the current stock price of 0.90.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for PSNY stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 1 | 1 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $5 | Buy | Reiterates | $5 | +452.67% | Jul 1, 2024 |
| Citigroup | Citigroup | Hold Maintains $2.5 → $1.7 | Hold | Maintains | $2.5 → $1.7 | +87.91% | May 16, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $5 | Buy | Reiterates | $5 | +452.67% | Apr 12, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $3 → $2 | Buy → Hold | Downgrades | $3 → $2 | +121.07% | Mar 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | +563.20% | Jan 12, 2024 |
Financial Forecast
Revenue This Year
4.76B
from 2.38B
Increased by 100.11%
Revenue Next Year
8.43B
from 4.76B
Increased by 77.09%
EPS This Year
-0.48
EPS Next Year
-0.12
from -0.48
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.0B | 10.6B | 18.3B | 17.7B | 19.6B |
| Avg | 4.8B | 8.4B | 15.3B | 17.2B | 19.1B |
| Low | 3.6B | 7.0B | 12.8B | 16.6B | 18.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 152.4% | 123.0% | 116.8% | 16.2% | 13.9% |
| Avg | 100.1% | 77.1% | 81.3% | 12.9% | 10.7% |
| Low | 49.4% | 46.1% | 51.7% | 8.4% | 6.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.41 | 0.14 | 0.19 |
| Avg | -0.48 | -0.12 | 0.18 |
| Low | -0.55 | -0.21 | 0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.