Polestar Automotive Holding UK (PSNY) Projected to Post Quarterly Earnings on Monday

Polestar Automotive Holding UK (NASDAQ:PSNY) is anticipated to announce its earnings results before the market opens on Monday, March 31st. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $572.13 million for the quarter.

Polestar Automotive Holding UK Stock Down 3.6 %

Shares of NASDAQ PSNY opened at $1.08 on Friday. The company has a market capitalization of $2.31 billion, a PE ratio of -1.89 and a beta of 1.49. Polestar Automotive Holding UK has a twelve month low of $0.61 and a twelve month high of $1.94. The firm has a fifty day simple moving average of $1.09 and a 200 day simple moving average of $1.20.

Wall Street Analyst Weigh In

Several research firms have weighed in on PSNY. Bank of America began coverage on shares of Polestar Automotive Holding UK in a research note on Thursday, December 5th. They issued a “neutral” rating and a $1.25 price target for the company. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Polestar Automotive Holding UK in a research note on Friday, January 17th. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat.com, Polestar Automotive Holding UK presently has a consensus rating of “Hold” and a consensus target price of $1.53.

Polestar Automotive Holding UK Company Profile

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.