Polestar Automotive Holding UK PLC (PSNY)

NASDAQ: PSNY · Real-Time Price · USD
1.110
+0.010 (0.91%)
At close: Jun 27, 2025, 4:00 PM
1.130
+0.020 (1.80%)
After-hours: Jun 27, 2025, 6:39 PM EDT
0.91%
Market Cap 2.34B
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 4,421,484
Open 1.090
Previous Close 1.100
Day's Range 1.070 - 1.190
52-Week Range 0.610 - 1.940
Beta 1.97
Analysts Hold
Price Target 1.21 (+9.01%)
Earnings Date May 12, 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]

Founded 2017
Employees 2,547
Stock Exchange NASDAQ
Ticker Symbol PSNY
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for PSNY stock is "Hold." The 12-month stock price forecast is $1.21, which is an increase of 9.01% from the latest price.

Price Target
$1.21
(9.01% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

7 days ago - PYMNTS

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...

11 days ago - Business Wire

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...

16 days ago - Reuters

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 ...

24 days ago - Business Wire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Reuters

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: “...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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.

7 weeks ago - New York Post

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.

2 months ago - Reuters

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.

2 months ago - Reuters

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - TechCrunch

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'...

Other symbols: TSLA
2 months ago - Reuters

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.

2 months ago - Reuters

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...

2 months ago - Business Wire

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...

Other symbols: MULN
3 months ago - Invezz

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...

3 months ago - Seeking Alpha

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

3 months ago - GlobeNewsWire

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...

3 months ago - PRNewsWire

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...

Other symbols: TSLA
4 months ago - Benzinga

EV maker Polestar secures $450 million loan facility, delays quarterly results

Electric vehicle maker Polestar has secured a 12-month loan facility of up to $450 million, it said on Friday, and would delay its fourth-quarter results in April along with its annual filing for fisc...

4 months ago - Reuters

Polestar Secures USD 450 Million Term Facility and Renews EUR 480 Million Green Trade Finance Facility

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) advises that it has secured a 12-month term facility of up to USD 450 million and has renewed the EUR 480 million Green Trade Finance Facil...

4 months ago - Business Wire