Research Analysts Offer Predictions for PSNY FY2025 Earnings

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) – Equities researchers at Cantor Fitzgerald cut their FY2025 EPS estimates for shares of Polestar Automotive Holding UK in a research note issued to investors on Tuesday, May 13th. Cantor Fitzgerald analyst A. Sheppard now forecasts that the company will earn ($0.56) per share for the year, down from their prior forecast of ($0.49). Cantor Fitzgerald currently has a “Neutral” rating on the stock. The consensus estimate for Polestar Automotive Holding UK’s current full-year earnings is ($0.59) per share.

Polestar Automotive Holding UK Stock Down 6.1%

Shares of NASDAQ:PSNY opened at $1.08 on Thursday. Polestar Automotive Holding UK has a fifty-two week low of $0.61 and a fifty-two week high of $1.94. The firm has a 50-day simple moving average of $1.05 and a 200 day simple moving average of $1.08. The company has a market cap of $2.31 billion, a PE ratio of -1.89 and a beta of 1.43.

Institutional Investors Weigh In On Polestar Automotive Holding UK

Institutional investors have recently modified their holdings of the business. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Polestar Automotive Holding UK during the 4th quarter valued at about $504,000. Geode Capital Management LLC grew its position in shares of Polestar Automotive Holding UK by 48.0% during the 4th quarter. Geode Capital Management LLC now owns 1,265,400 shares of the company’s stock valued at $1,329,000 after buying an additional 410,401 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Polestar Automotive Holding UK during the 4th quarter valued at about $33,000. KLP Kapitalforvaltning AS bought a new stake in shares of Polestar Automotive Holding UK during the 4th quarter valued at about $320,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Polestar Automotive Holding UK during the 4th quarter valued at about $312,000. Institutional investors 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.