Polestar Automotive Holding UK PLC (NASDAQ:PSNY – Free Report) – Investment analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Polestar Automotive Holding UK in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard expects that the company will post earnings per share of ($0.49) for the year. Cantor Fitzgerald currently 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 initiated coverage on Polestar Automotive Holding UK in a research report on Thursday, December 5th. They issued 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 issued a hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $1.53.
Polestar Automotive Holding UK Stock Performance
Shares of Polestar Automotive Holding UK stock opened at $1.02 on Wednesday. Polestar Automotive Holding UK has a fifty-two week low of $0.61 and a fifty-two week high of $2.33. The company has a market capitalization of $2.18 billion, a P/E ratio of -1.79 and a beta of 1.53. The company has a fifty day moving average of $1.08 and a 200 day moving average of $1.15.
Institutional Trading of Polestar Automotive Holding UK
A number of large investors have recently made changes to their positions in PSNY. Tidal Investments LLC increased its stake in Polestar Automotive Holding UK by 78.3% during the third quarter. Tidal Investments LLC now owns 468,741 shares of the company’s stock worth $806,000 after acquiring an additional 205,890 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Polestar Automotive Holding UK by 444.0% during the 3rd quarter. Geode Capital Management LLC now owns 854,999 shares of the company’s stock valued at $1,471,000 after buying an additional 697,820 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in shares of Polestar Automotive Holding UK during the third quarter valued at $468,000. XTX Topco Ltd boosted its position in Polestar Automotive Holding UK by 91.5% during the 3rd quarter. XTX Topco Ltd now owns 288,564 shares of the company’s stock valued at $496,000 after acquiring an additional 137,907 shares in the last quarter. Finally, 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 valued at $80,000 after buying an additional 25,930 shares during the last quarter. 1.02% of the stock is currently owned by institutional investors.
About Polestar Automotive Holding UK
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
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