Polestar Automotive Holding UK (PSNY) Projected to Post Quarterly Earnings on Thursday

Polestar Automotive Holding UK (NASDAQ:PSNY) is projected to release its earnings data before the market opens on Thursday, March 6th. Analysts expect Polestar Automotive Holding UK to post earnings of ($0.13) per share and revenue of $534.58 million for the quarter.

Polestar Automotive Holding UK Trading Up 3.7 %

PSNY opened at $1.11 on Thursday. The company has a fifty day moving average price of $1.09 and a two-hundred day moving average price of $1.19. Polestar Automotive Holding UK has a 1-year low of $0.61 and a 1-year high of $2.17. The company has a market cap of $2.37 billion, a P/E ratio of -1.95 and a beta of 1.52.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Bank of America assumed coverage on Polestar Automotive Holding UK in a research note on Thursday, December 5th. They issued a “neutral” rating and a $1.25 price objective for the company. Cantor Fitzgerald reissued a “neutral” rating on shares of Polestar Automotive Holding UK in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target 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.