Cantor Fitzgerald Estimates PSNY FY2025 Earnings

Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Polestar Automotive Holding UK in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard forecasts that the company will earn ($0.49) per share for the year. Cantor Fitzgerald has a "Neutral" rating on the stock. The consensus estimate for Polestar Automotive Holding UK's current full-year earnings is ($0.59) per share.

Separately, Bank of America assumed coverage on shares of Polestar Automotive Holding UK in a research report on Thursday, December 5th. They set a "neutral" rating and a $1.25 price objective on the stock. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $1.53.

Polestar Automotive Holding UK Trading Down 5.0 %

Shares of NASDAQ PSNY traded down $0.06 during mid-day trading on Wednesday, reaching $1.05. The company had a trading volume of 6,376,336 shares, compared to its average volume of 6,459,591. The firm has a 50 day simple moving average of $1.09 and a two-hundred day simple moving average of $1.15. The stock has a market cap of $2.23 billion, a P/E ratio of -1.83 and a beta of 1.53. Polestar Automotive Holding UK has a 52-week low of $0.61 and a 52-week high of $2.33.

Institutional Trading of Polestar Automotive Holding UK

Several hedge funds and other institutional investors have recently made changes to their positions in PSNY. MetLife Investment Management LLC grew its holdings in shares of Polestar Automotive Holding UK by 134.4% during the third quarter. MetLife Investment Management LLC now owns 15,390 shares of the company's stock worth $26,000 after buying an additional 8,823 shares in the last quarter. Public Employees Retirement Association of Colorado acquired a new position in shares of Polestar Automotive Holding UK during the second quarter worth $26,000. Captrust Financial Advisors lifted its position in shares of Polestar Automotive Holding UK by 125.4% during the third quarter. Captrust Financial Advisors now owns 46,615 shares of the company's stock worth $80,000 after purchasing an additional 25,930 shares in the last quarter. XTX Topco Ltd grew its holdings in Polestar Automotive Holding UK by 153.1% during the 2nd quarter. XTX Topco Ltd now owns 150,657 shares of the company's stock worth $119,000 after acquiring an additional 91,139 shares in the last quarter. Finally, Scientech Research LLC bought a new position in Polestar Automotive Holding UK during the 2nd quarter worth approximately $161,000. Institutional investors and hedge funds own 1.02% of the company's stock.

Polestar Automotive Holding UK Company Profile

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.