Let’s Get Started On The Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY) Stock Forecast.

In today’s recent session, 2.45 million shares of the Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) have been traded, and its beta is 1.39. Most recently the company’s share price was $0.97, and it changed around -$0.04 or -3.52% from the last close, which brings the market valuation of the company to $455.97M. PSNY at last check was trading at a discount to its 52-week high of $4.86, offering almost -401.03% off that amount. The share price’s 52-week low was $0.65, which indicates that the recent value has risen by an impressive 32.99% since then. We note from Polestar Automotive Holding UK PLC ADR’s average daily trading volume that its 3-month average coming to 11.23 million.

Polestar Automotive Holding UK PLC ADR stock received a consensus recommendation rating of Underweight, based on a mean score of 2.29. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended PSNY as a Hold, whereas 0 deemed it a Buy, and 1 rated it as Underweight.

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Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) trade information

Instantly PSNY has been showing red trend so far today with a performance of -3.52% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -56.88% year-to-date, but still up 9.07% over the last five days. On the other hand, Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) is 27.49% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $4.8, which translates to bulls needing to increase their stock price by 79.79% from its current value. Analyst projections state that PSNY is forecast to be at a low of $2 and a high of $10.

Polestar Automotive Holding UK PLC ADR (PSNY) estimates and forecasts

Polestar Automotive Holding UK PLC ADR earnings are expected to increase by -18.90% in 2024, but the outlook is negative -13.54% per year for the next five years.