Cantor Fitzgerald Predicts PSNY FY2025 Earnings

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) – Cantor Fitzgerald issued their FY2025 EPS estimates for Polestar Automotive Holding UK in a report issued 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 has a “Neutral” rating on the stock. The consensus estimate for Polestar Automotive Holding UK’s current full-year earnings is ($0.53) per share.

Separately, Bank of America began coverage on Polestar Automotive Holding UK in a research note on Thursday, December 5th. They set a “neutral” rating and a $1.25 price objective on the stock. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $1.53.

Polestar Automotive Holding UK Trading Up 0.9 %

NASDAQ PSNY opened at $1.10 on Wednesday. The company has a market cap of $2.35 billion, a price-to-earnings ratio of -1.93 and a beta of 1.53. The company has a 50 day moving average of $1.09 and a 200-day moving average of $1.15. 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

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Skandinaviska Enskilda Banken AB publ bought a new stake in Polestar Automotive Holding UK in the second quarter valued at approximately $1,321,000. Geode Capital Management LLC lifted its position in shares of Polestar Automotive Holding UK by 444.0% in the 3rd quarter. Geode Capital Management LLC now owns 854,999 shares of the company’s stock worth $1,471,000 after purchasing an additional 697,820 shares during the period. Marshall Wace LLP bought a new stake in shares of Polestar Automotive Holding UK in the 2nd quarter valued at $407,000. Tidal Investments LLC increased its position in shares of 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 buying an additional 205,890 shares during the period. Finally, Renaissance Technologies LLC bought a new position in Polestar Automotive Holding UK during the second quarter worth $266,000. Institutional investors and hedge funds own 1.02% of the company’s stock.

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.