Polestar Automotive Holding UK PLC ADR [NASDAQ: PSNY] gained 4.59% or 0.05 points to close at $1.14 with a heavy trading volume of 7897028 shares.
It opened the trading session at $1.115, the shares rose to $1.22 and dropped to $1.1, the range by which the price of stock traded the whole day. The daily chart for PSNY points out that the company has recorded 0.00% loss over the past six months.
If we look at the average trading volume of 3.58M shares, PSNY reached to a volume of 7897028 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Polestar Automotive Holding UK PLC ADR [PSNY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PSNY shares is $0.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PSNY stock is a recommendation set at 3.75. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Polestar Automotive Holding UK PLC ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 17, 2025. While these analysts kept the previous recommendation, BofA Securities raised their target price to Neutral. The new note on the price target was released on December 05, 2024, representing the official price target for Polestar Automotive Holding UK PLC ADR stock. Previously, the target price had yet another raise to $1.50, while Deutsche Bank analysts kept a Hold rating on PSNY stock. On March 15, 2024, analysts decreased their price target for PSNY shares from 3 to 2.
Trading performance analysis for PSNY stock
Polestar Automotive Holding UK PLC ADR [PSNY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.59. With this latest performance, PSNY shares gained by 8.57% in over the last four-week period, additionally sinking by 0.00% over the last 6 months – not to mention a rise of 8.57% in the past year of trading.
Polestar Automotive Holding UK PLC ADR [PSNY]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Polestar Automotive Holding UK PLC ADR [PSNY] shares currently have an operating margin of -34.16% and a Gross Margin at -20.00%. Polestar Automotive Holding UK PLC ADR’s Net Margin is presently recorded at -79.20%.
Return on Equity for this stock declined to -34.87%, with Return on Assets sitting at -34.87%.
Polestar Automotive Holding UK PLC ADR [PSNY]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PSNY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Polestar Automotive Holding UK PLC ADR go to 29.15%.
An analysis of Institutional ownership at Polestar Automotive Holding UK PLC ADR [PSNY]
There are presently around $3.54%, or 18.96% of PSNY stock, in the hands of institutional investors. The top three institutional holders of PSNY stocks are: AMF TJANSTEPENSION AB with ownership of 21.97 million shares, which is approximately 1.041%. SWEDBANK AB, holding 11.74 million shares of the stock with an approximate value of $$9.24 million in PSNY stocks shares; and SWEDBANK AB, currently with $$4.65 million in PSNY stock with ownership which is approximately 0.2807%.
