Polestar Automotive Holding UK (PSNY) Stock Overview
Engages in the research and development, marketing, commercialization, and sale of battery electric vehicles in Europe, North America, the Asia-Pacific, the Middle East, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
PSNY Community Fair Values
Create NarrativeSee what 69 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Polestar Automotive Holding UK PLC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$18.90 |
| 52 Week High | US$42.60 |
| 52 Week Low | US$11.75 |
| Beta | 1.68 |
| 1 Month Change | -12.01% |
| 3 Month Change | 16.59% |
| 1 Year Change | -38.24% |
| 3 Year Change | -81.02% |
| 5 Year Change | n/a |
| Change since IPO | -95.15% |
Recent News & Updates
Seeking Alpha • Jun 03
Polestar: Unfavorable Risk Matrix
Summary Polestar Automotive Holding UK PLC shares plunged 17% after announcing expansion into the Baltic states, potentially raising concerns about widening near-term losses. Despite growing delivery volumes, PSNY remains unprofitable and faces structural headwinds, especially in the U.S. due to lost EV tax incentives. PSNY trades at a distressed 0.34X FY 2027 P/S ratio, reflecting persistent financial instability and lagging growth versus peers like Rivian Automotive. I maintain a Sell rating, citing slow delivery growth, high operating losses, and an uncertain path to profitability amid aggressive European expansion. Read the full article on Seeking Alpha
Narrative Update • May 23
PSNY: Going Concern Doubts Will Weigh On Shares Despite New Funding
Narrative Update on Polestar Automotive Holding UK Analysts have reset their price target for Polestar Automotive Holding UK from $22.50 to $17.50, reflecting updated assumptions for slightly lower revenue growth, a modestly thinner profit margin, a higher discount rate, and a reduced future P/E estimate. What's in the News Geotab is integrating Polestar vehicles into its OEM telematics network, allowing commercial fleet operators to access Polestar data in MyGeotab without aftermarket hardware, with coverage across North America, Europe, and Asia Pacific for all Polestar models (Client Announcement).Recent updates
Seeking Alpha • Jun 03
Polestar: Unfavorable Risk Matrix
Summary Polestar Automotive Holding UK PLC shares plunged 17% after announcing expansion into the Baltic states, potentially raising concerns about widening near-term losses. Despite growing delivery volumes, PSNY remains unprofitable and faces structural headwinds, especially in the U.S. due to lost EV tax incentives. PSNY trades at a distressed 0.34X FY 2027 P/S ratio, reflecting persistent financial instability and lagging growth versus peers like Rivian Automotive. I maintain a Sell rating, citing slow delivery growth, high operating losses, and an uncertain path to profitability amid aggressive European expansion. Read the full article on Seeking AlphaNarrative Update • May 23
PSNY: Going Concern Doubts Will Weigh On Shares Despite New Funding
Narrative Update on Polestar Automotive Holding UK Analysts have reset their price target for Polestar Automotive Holding UK from $22.50 to $17.50, reflecting updated assumptions for slightly lower revenue growth, a modestly thinner profit margin, a higher discount rate, and a reduced future P/E estimate. What's in the News Geotab is integrating Polestar vehicles into its OEM telematics network, allowing commercial fleet operators to access Polestar data in MyGeotab without aftermarket hardware, with coverage across North America, Europe, and Asia Pacific for all Polestar models (Client Announcement).
Narrative Update • May 06
PSNY: Revised Volume Outlook And Capital Raise Will Support Future Upside
Narrative update on Polestar Automotive Holding UK The analyst price target for Polestar Automotive Holding UK is now set at $30.00. The change is supported by analysts highlighting lower delivery expectations, additional capital needs, recent share price appreciation, and an unclear autonomy strategy following the company's reduced volume growth guidance and a potential 16% cut to 2026 revenue estimates.Narrative Update • Apr 20
PSNY: Higher Future P/E Will Support Upside Despite Softer Outlook
Analysts have adjusted their price targets on Polestar Automotive Holding UK toward $22.50, reflecting updated expectations for slightly softer revenue growth, slimmer profit margins, and a higher assumed future P/E multiple following recent changes to delivery guidance, capital needs, and outlook. Analyst Commentary Recent research updates show a mix of optimism and concern around Polestar Automotive Holding UK, with opinions split on how the latest guidance and capital plans should affect valuation and risk.Narrative Update • Apr 05
PSNY: Revised Deliveries And Capital Raises Will Support Long Term Upside
Analysts have trimmed their 12 month price target for Polestar Automotive Holding UK to $30.00, citing lower delivery expectations, additional capital needs, recent share price strength, an unclear autonomy strategy, and revised volume guidance that feeds into reduced revenue estimates and a higher assumed future P/E multiple. Analyst Commentary Recent research has highlighted a more cautious stance on Polestar Automotive Holding UK, with some analysts pointing to softer volume expectations, additional capital requirements, and uncertainty around the autonomy roadmap.Narrative Update • Mar 21
PSNY: Future P/E Repricing Will Support Upside Despite Slower Margin Outlook
Analyst price targets for Polestar Automotive Holding UK have been revised upward by $14, reflecting updated views on slower projected profit margins, a higher assumed future P/E, and concerns around lower volume growth guidance, capital needs, and the company's autonomy strategy. Analyst Commentary Recent Street research reflects a mixed but generally cautious stance on Polestar Automotive Holding UK, with attention on revised growth expectations, capital requirements, and how these factors feed into valuation assumptions.Narrative Update • Mar 06
PSNY: Reset Delivery Outlook And Capital Raise Will Support Long Term Upside
Narrative Update on Polestar Automotive Holding UK The analyst price target for Polestar Automotive Holding UK has been revised to $30.00. This reflects updated expectations for slower revenue growth, softer profit margins, a higher assumed future P/E multiple, and recent Street research citing lower delivery guidance, added capital needs, and an unclear autonomy roadmap.Narrative Update • Feb 20
PSNY: Expanded Model Rollout And Network Buildout Will Support Future Upside
The analyst price target for Polestar Automotive Holding UK has been reduced from $30.00 to $22.50, as analysts factor in lower long term volume guidance, higher perceived capital needs, and questions around the company's autonomy strategy, despite a recent price target increase from Barclays. Analyst Commentary Recent research updates paint a mixed picture for Polestar Automotive Holding UK, with some analysts cutting ratings and delivery expectations while others see enough positives to justify a higher price target.Narrative Update • Feb 06
PSNY: Higher Fair Value Assumptions Will Support Stronger Long Term Equity Case
Analysts have raised their price target on Polestar Automotive Holding UK to approximately $30.00, citing updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent Street research on Polestar Automotive Holding UK points to a more constructive tone, with bullish analysts reassessing what they see as fair value for the shares.
Narrative Update • Jan 23
PSNY: Nasdaq Listing Risk And Dilution Will Pressure Future Share Performance
Analysts have lifted their fair value estimate for Polestar Automotive Holding UK from US$0.40 to US$15.00, citing updated assumptions for a discount rate of 11.68%, revenue growth of 35.33%, a profit margin of 4.81% and a future P/E of 4.88x. What's in the News Polestar received a notice from Nasdaq that its ADSs are below the US$1.00 minimum bid price requirement, with until April 29, 2026 to regain compliance before any potential additional grace period is considered (Nasdaq notice).Narrative Update • Jan 08
PSNY: Finnish Network Expansion Will Support Future Upside Potential
Analysts left their price target for Polestar Automotive Holding UK broadly unchanged at US$30.00, reflecting only small fine tuning to assumptions around future profit margin and P/E expectations rather than a shift in their overall view of the stock. What's in the News Polestar closed a private placement transaction on December 23, 2025, following earlier disclosures about the deal (Key Developments).Narrative Update • Dec 23
PSNY: Finnish Expansion Will Support Future Upside Despite Nasdaq Compliance Risk
Analysts have sharply reduced their 12 month price target for Polestar Automotive Holding UK to approximately $8 from about $250. This reflects a reassessment of the company’s long term earnings multiple, despite largely unchanged assumptions for growth, margins, and discount rate.Narrative Update • Dec 09
PSNY: Expanded Finnish Network And Nasdaq Compliance Window Will Support Long Term Upside
Analysts have adjusted their 12 month price target for Polestar Automotive Holding UK from approximately 11.50 dollars to 11.68 dollars, citing slightly softer long term revenue growth and profit margin assumptions, along with a sharply higher future earnings multiple that together temper near term upside potential. What's in the News Wetteri to open a full service Polestar store in Kuopio, covering sales, maintenance, and spare parts from its Neulalammintie 4 location, with a grand opening slated for November 6, 2025 (client announcement) Full service Polestar representation to be available through Wetteri in both Kuopio and Oulu, strengthening the brand's presence in key Finnish markets (client announcement) Wetteri designated as Polestar's authorised service partner across multiple Finnish cities, including Joensuu, Kajaani, Kemi, Kuusamo, Lempaala, Pori, Rauma, and Ylivieska (client announcement) Polestar Automotive Holding UK PLC receives notice from Nasdaq for non compliance with the 1.00 dollar minimum bid price requirement for its ADSs, triggering a 180 day window, until April 29, 2026, to regain compliance (Nasdaq notice) Failure to regain compliance within the initial period may allow an additional 180 day extension, while Polestar's securities continue trading on Nasdaq provided other listing standards are met (Nasdaq notice) Valuation Changes Fair Value: increased from 1 to 30.00 dollars, implying a substantially higher long term intrinsic value estimate.Narrative Update • Sep 26
Tariff Pressures And Expanding Markets Will Shape Future EV Landscape
Driven by a notable rise in future P/E and a modest improvement in net profit margin, analysts have raised Polestar Automotive’s fair value estimate from $0.875 to $1.00. What's in the News Polestar signed an MoU with Volvo Cars to manufacture the Polestar 7 at Volvo's new factory in Kosice, Slovakia, supporting European expansion and supply chain access.Narrative Update • Sep 11
Tariff Pressures And Expanding Markets Will Shape Future EV Landscape
The reduction in Polestar Automotive’s consensus price target reflects significantly lowered revenue growth forecasts, with fair value revised down from $0.967 to $0.875. What's in the News Polestar will expand its manufacturing footprint to Europe, signing a memorandum of understanding with Volvo Cars to produce Polestar 7 in Kosice, Slovakia, ahead of the SUV's 2028 launch.Narrative Update • Aug 27
Partnership With Thermo Fisher And New Products Will Broaden Proteomics Market Presence
Despite Q2 and H1 2025 vehicle deliveries significantly exceeding expectations and highlighting strong operational execution, analysts have slightly lowered Polestar Automotive’s consensus price target from $1.01 to $0.967. Analyst Commentary Q2 vehicle deliveries significantly exceeded expectations, with 18,049 units delivered, surpassing prior estimates.
New Narrative • Mar 22
Partnership With Thermo Fisher And New Products Will Broaden Proteomics Market Presence
Expanding the commercial team and partnerships is expected to drive revenue growth and market reach.Seeking Alpha • Jan 17
Polestar: It Keeps Getting Worse
Summary Polestar has struggled since its SPAC merger, badly missing delivery targets and burning cash, leading to multiple debt and equity raises. Despite restructuring efforts, Polestar's Q3 2024 results were unimpressive, with revenues again well below street estimates. The company has again slashed its longer term growth outlook, and it desperately needs to bring in more equity capital. Read the full article on Seeking AlphaSeeking Alpha • Oct 08
Polestar: Significant Cash Burn And Changing Market Dynamics
Summary Initiating coverage on Polestar Automotive with a "Sell" rating due to poor fundamentals, cash burn, and overvaluation at a $3.6 billion market cap. Polestar's cash flow breakeven is unlikely before 2026, with significant operating losses and potential equity dilution posing financial stress. Changing market dynamics favor low-cost EVs, potentially impacting Polestar's premium luxury segment and leading to continued margin compression. Despite an asset-light model and backing from Volvo and Geely, Polestar's intense competition and financial struggles make it an unattractive investment. Read the full article on Seeking AlphaSeeking Alpha • Sep 26
Charging Ahead: Polestar's Silent Race To The EV Future
Summary Polestar Automotive Holding UK PLC shows promise with strong partnerships, innovative ambitions, and a focus on sustainability, despite facing competition, reliance on China, and tech challenges. Polestar's upcoming models, expansion plans, and partnership with Infosys aim to enhance its market presence and technological advancements. Financially, Polestar struggles with profitability, stock performance, and tariff concerns but shows potential for long-term growth with aggressive cost-cutting and production strategies. My verdict: Hold. Polestar has growth potential but remains in a high-growth/unprofitable phase, needing to scale profitability and navigate market challenges. Read the full article on Seeking AlphaSeeking Alpha • Jul 14
Polestar: Waiting For Capital Raise
Summary Polestar Automotive has struggled since going public in 2022, with low vehicle deliveries and high cash burn. Recent financials for Q1 show decreased revenues, negative gross margins, and operating losses, despite some improvement in cash burn. The company's balance sheet remains quite concerning, with a negative equity balance and the need for more capital. Read the full article on Seeking AlphaSeeking Alpha • Jun 18
Polestar: Dangerous Setup (Rating Downgrade)
Summary Polestar is facing waning electric vehicle demand, which led to a 40% decline in deliveries in Q1'24. The company has delayed its financial reports for FY 2023 and Q1’24. Polestar now projects to report those results at the end of June. I expect Polestar to issue a weak FY 2024 delivery target and walk back its FY 2025 delivery guidance due to slowing demand for EVs. Polestar's valuation has been significantly impacted by slowing demand for high-priced electric vehicles and the company's reporting troubles. I believe a delisting at this point is the most likely outcome for Polestar. Read the full article on Seeking AlphaAnalysis Article • Apr 25
Take Care Before Jumping Onto Polestar Automotive Holding UK PLC (NASDAQ:PSNY) Even Though It's 25% Cheaper
Unfortunately for some shareholders, the Polestar Automotive Holding UK PLC ( NASDAQ:PSNY ) share price has dived 25...Seeking Alpha • Apr 15
Polestar: Uphill Battle Continues
Summary Polestar shares have lost over 90% of their value since completing a SPAC merger in 2022. The company's delivery guidance has been repeatedly cut, and its Q1 2024 delivery number was down 40% compared to the previous year. Polestar is facing a funding gap and likely needs to raise more capital through equity, which could significantly dilute existing investors. Read the full article on Seeking AlphaSeeking Alpha • Apr 09
Polestar: Cash Is Not King
Summary Polestar, a spin-off from Volvo Cars, is facing intense competition and poor unit economics. The production ramp of the Polestar 3 is expected to take at least one year to reach high volume and another year for optimization. Polestar raised $1 billion in a three-year loan, but cash alone is unlikely to change the company's downward trajectory. Read the full article on Seeking AlphaSeeking Alpha • Jan 16
Polestar: Big Q4 Delivery Troubles
Summary Polestar's Q4 estimates showed a sequential decline in units delivered, which may result in further analyst revenue estimate cuts. The company's balance sheet is already in terrible shape, with large losses and cash burn leading to the need for a major capital raise. Hertz's decision to sell a large amount of Tesla vehicles and reduce its EV push will further depress the used electric vehicle market and could impact Polestar's sales. Read the full article on Seeking AlphaAnalysis Article • Nov 10
Polestar Automotive Holding UK PLC (NASDAQ:PSNY) Looks Inexpensive After Falling 30% But Perhaps Not Attractive Enough
To the annoyance of some shareholders, Polestar Automotive Holding UK PLC ( NASDAQ:PSNY ) shares are down a...Analysis Article • Sep 03
Polestar Automotive Holding UK PLC (NASDAQ:PSNY) Just Reported Earnings, And Analysts Cut Their Target Price
Polestar Automotive Holding UK PLC ( NASDAQ:PSNY ) missed earnings with its latest quarterly results, disappointing...Analysis Article • May 14
What Does The Future Hold For Polestar Automotive Holding UK PLC (NASDAQ:PSNY)? These Analysts Have Been Cutting Their Estimates
Market forces rained on the parade of Polestar Automotive Holding UK PLC ( NASDAQ:PSNY ) shareholders today, when the...Shareholder Returns
| PSNY | US Auto | US Market | |
|---|---|---|---|
| 7D | -18.1% | -9.8% | -2.8% |
| 1Y | -38.2% | 30.3% | 22.8% |
Return vs Industry: PSNY underperformed the US Auto industry which returned 30.2% over the past year.
Return vs Market: PSNY underperformed the US Market which returned 23.5% over the past year.
Price Volatility
| PSNY volatility | |
|---|---|
| PSNY Average Weekly Movement | 9.1% |
| Auto Industry Average Movement | 9.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PSNY has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PSNY's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 1,686 | Michael Lohscheller | www.polestar.com |
Polestar Automotive Holding UK PLC engages in the research and development, marketing, commercialization, and sale of battery electric vehicles in Europe, North America, the Asia-Pacific, the Middle East, and internationally. The company offers battery electric vehicles, including Polestar 2 (PS2); Polestar 3 (PS3); Polestar 4 (PS4); Polestar 5 (PS5); and Polestar 6 (PS6), a roadster. It also provides licenses and royalties; software and performance engineered kits; and carbon credits.
Polestar Automotive Holding UK PLC Fundamentals Summary
| PSNY fundamental statistics | |
|---|---|
| Market cap | US$2.14b |
| Earnings (TTM) | -US$2.36b |
| Revenue (TTM) | US$3.06b |
0.7x
P/S Ratio-0.9x
P/E RatioIs PSNY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PSNY income statement (TTM) | |
|---|---|
| Revenue | US$3.06b |
| Cost of Revenue | US$3.09b |
| Gross Profit | -US$34.06m |
| Other Expenses | US$2.32b |
| Earnings | -US$2.36b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -20.82 |
| Gross Margin | -1.11% |
| Net Profit Margin | -77.08% |
| Debt/Equity Ratio | -126.5% |
How did PSNY perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/07 17:12 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Polestar Automotive Holding UK PLC is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dan Levy | Barclays |
| Federico Merendi | BofA Global Research |
| John Babcock | BofA Global Research |