Equities Analysts Set Expectations for PSNY FY2025 Earnings

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for 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 initiated coverage on shares of Polestar Automotive Holding UK in a research note on Thursday, December 5th. They issued a “neutral” rating and a $1.25 target price on the stock. Two investment analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $1.53.

Polestar Automotive Holding UK Stock Performance

Shares of NASDAQ:PSNY opened at $1.04 on Wednesday. The stock has a 50-day simple moving average of $1.09 and a 200-day simple moving average of $1.15. The stock has a market capitalization of $2.22 billion, a P/E ratio of -1.82 and a beta of 1.53. Polestar Automotive Holding UK has a 1 year low of $0.61 and a 1 year high of $2.33.

Institutional Investors Weigh In On Polestar Automotive Holding UK

Hedge funds and other institutional investors have recently bought and sold shares of the business. MetLife Investment Management LLC increased its stake in shares of Polestar Automotive Holding UK by 134.4% in 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 during the last quarter. Captrust Financial Advisors increased its position in shares of Polestar Automotive Holding UK by 125.4% in the 3rd quarter. Captrust Financial Advisors now owns 46,615 shares of the company’s stock worth $80,000 after purchasing an additional 25,930 shares during the last quarter. Public Employees Retirement Association of Colorado acquired a new stake in Polestar Automotive Holding UK during the second quarter valued at approximately $26,000. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Polestar Automotive Holding UK by 31.8% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 319,508 shares of the company’s stock valued at $550,000 after acquiring an additional 77,106 shares in the last quarter. Finally, XTX Topco Ltd boosted its holdings in shares of Polestar Automotive Holding UK by 153.1% in the 2nd quarter. XTX Topco Ltd now owns 150,657 shares of the company’s stock valued at $119,000 after buying an additional 91,139 shares during the period. 1.02% of the stock is currently owned by hedge funds and other institutional investors.

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.