In the last trading session, 2.56 million shares of the Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) were traded, and its beta was 1.45. Most recently the company’s share price was $1.11, and it changed around -$0.01 or -0.89% from the last close, which brings the market valuation of the company to $519.42M. PSNY currently trades at a discount to its 52-week high of $1.94, offering almost -74.77% off that amount. The share price’s 52-week low was $0.61, which indicates that the current value has risen by an impressive 45.05% since then. We note from Polestar Automotive Holding UK PLC ADR’s average daily trading volume that its 10-day average is 4.27 million shares, with the 3-month average coming to 5.23 million.
Polestar Automotive Holding UK PLC ADR stock received a consensus recommendation rating of Hold, based on a mean score of 3.60. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended PSNY as a Hold, whereas 0 deemed it a Buy, and 2 rated it as Underweight. Polestar Automotive Holding UK PLC ADR is expected to report earnings per share of -0.13 for the current quarter.
Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) trade information
Instantly PSNY has showed a red trend with a performance of -0.89% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.1300 on recent trading dayincreased the stock’s daily price by 1.77%. The company’s shares are currently up 5.71% year-to-date, but still up 0.91% over the last five days. On the other hand, Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) is 0.91% up in the 30-day period. We can see from the shorts that 41.44 million shares have been sold at a short interest cover period of 7.42 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 63.0% from its current value. Analyst projections state that PSNY is forecast to be at a low of $1.5 and a high of $10.
Polestar Automotive Holding UK PLC ADR (PSNY) estimates and forecasts
The year-over-year growth rate is expected to be -16.17%, down from the previous year.
2 analysts expect Polestar Automotive Holding UK PLC ADR to make 572.13M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 7.30%.
Polestar Automotive Holding UK PLC ADR earnings are expected to increase by -6.29% in 2025, but the outlook is positive 16.78% per year for the next five years.
PSNY Dividends
Polestar Automotive Holding UK PLC ADR’s next quarterly earnings report is expected to be released on 2025-Jan-15.
Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 81.43% of Polestar Automotive Holding UK PLC ADR shares, and 4.07% of them are in the hands of institutional investors. The stock currently has a share float of 21.93%. Polestar Automotive Holding UK PLC ADR stock is held by 142.0 institutions, with AMF TJANSTEPENSION AB being the largest institutional investor. By 2024-06-30, it held 1.041% of the shares, which is about 21.97 million shares worth $17.28 million.
SWEDBANK AB, with 0.5563% or 11.74 million shares worth $9.24 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core MSCI EAFE ETF and iShares MSCI EAFE Small-Cap ETF were the top two Mutual Funds as of Feb 28, 2025 . The former held 2.59 shares worth $2.87 million, making up 0.55% of all outstanding shares. On the other hand, iShares MSCI EAFE Small-Cap ETF held roughly 1.32 shares worth around $1.46 million, which represents about 0.28% of the total shares outstanding.
