Polestar Automotive Holding UK (PSNY) to Release Quarterly Earnings on Tuesday

Polestar Automotive Holding UK (NASDAQ:PSNY) is projected to announce its earnings results before the market opens on Tuesday, April 1st. Analysts expect the company to announce earnings of ($0.13) per share for the quarter.

Polestar Automotive Holding UK Stock Up 4.7 %

Shares of PSNY opened at $1.12 on Tuesday. Polestar Automotive Holding UK has a twelve month low of $0.61 and a twelve month high of $1.94. The stock has a market cap of $2.39 billion, a PE ratio of -1.96 and a beta of 1.49. The business’s 50-day moving average price is $1.10 and its 200-day moving average price is $1.21.

Analyst Ratings Changes

PSNY has been the subject of a number of recent analyst reports. Bank of America started 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 target for the company. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Polestar Automotive Holding UK in a research note on Friday, January 17th. Two investment analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat, Polestar Automotive Holding UK has an average rating of “Hold” and an average target price of $1.53.

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.