The Most Interesting Shares Today: Polestar Automotive Holding UK PLC ADR (NASDAQ: PSNY)

In the last trading session, 5.53 million Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) shares changed hands as the company’s beta touched 1.45. With the company’s per share price at $1.19 changed hands at $0.04 or 3.48% during last session, the market valuation stood at $2.45B. PSNY’s last price was a discount, traded about -63.03% off its 52-week high of $1.94. The share price had its 52-week low at $0.61, which suggests the last value was 48.74% up since then.

Analysts gave the Polestar Automotive Holding UK PLC ADR (PSNY) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.75. If we narrow down to specifics, the data shows that 1 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended PSNY as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.

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

Instantly PSNY was in green as seen at the end of in last trading. With action 14.42%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 13.33%, with the 5-day performance at 14.42% in the green. However, in the 30-day time frame, Polestar Automotive Holding UK PLC ADR (NASDAQ:PSNY) is 25.18% up.

The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 60.33% from its current market value. According to analyst projections, PSNY’s forecast low is 1.5 with 10 as the target high. To hit the forecast high, the stock’s price needs a -740.34% plunge from its current level, while the stock would need to soar -26.05% for it to hit the projected low.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.66%. The 2025 estimates are for Polestar Automotive Holding UK PLC ADR earnings to increase by 55.13%, but the outlook for the next 5-year period is at 29.15% per year.

PSNY Dividends

Polestar Automotive Holding UK PLC ADR is expected to release its next quarterly earnings report in June.

SWEDBANK AB holds the second largest percentage of outstanding shares, with 0.5563% or 11.74 million shares worth $9.24 million as of 2024-06-30.