Polestar Automotive Holding Uk Plc Adr (PSNY)
NASDAQ:PSNY
Top Page
Polestar Automotive Holding UK
(NASDAQ:PSNY)
Select Model
Select Model
Rating:41Neutral
Price Target:
$14.00
▼(-29.75% Downside)
Action:ReiteratedDate:02/03/26
The score is held down primarily by very weak financial performance (loss-making margins, negative equity, and negative operating/free cash flow). Technicals also remain bearish with the stock below key moving averages and negative MACD, despite oversold readings. Valuation provides limited support because the negative P/E reflects ongoing losses and no dividend yield is available.
Positive Factors
Strategic Partnerships & Platform Access
Long-term partnership with Volvo Cars and Geely provides durable competitive advantages: shared platforms, engineering know‑how and supplier scale reduce development time and production costs, enabling faster model rollouts and improved unit economics versus a standalone startup.
Negative Factors
Negative Stockholders' Equity
Negative equity is a structural solvency signal: liabilities exceed assets, constraining borrowing capacity and increasing covenant and refinancing risk. This limits strategic flexibility, raises cost of capital, and can force dilutive financing or asset sales to restore a healthy balance sheet.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic Partnerships & Platform Access
Long-term partnership with Volvo Cars and Geely provides durable competitive advantages: shared platforms, engineering know‑how and supplier scale reduce development time and production costs, enabling faster model rollouts and improved unit economics versus a standalone startup.
Read all positive factors
Polestar Automotive Holding UK (PSNY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.90B
Dividend YieldN/A
Average Volume (3M)184.41K
Price to Earnings (P/E)―
Beta (1Y)1.36
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees2,547
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)-5.29
Shares Outstanding75,995,850
10 Day Avg. Volume85,844
30 Day Avg. Volume184,410
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)-0.67
Price to Sales (P/S)1.09
P/FCF Ratio-1.64
Enterprise Value/Market Cap3.35
Enterprise Value/Revenue2.49
Enterprise Value/Gross Profit-7.68
Enterprise Value/Ebitda-15.24
Forecast
1Y Price Target
$15.00Price Target Upside-24.74% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering2
EPS Forecast (FY)-9.64
Revenue Forecast (FY)$3.93B
Polestar Automotive Holding UK Business Overview & Revenue Model
Company Description
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden....
How the Company Makes Money
Polestar generates revenue through the sale of electric vehicles, which includes various models that cater to different segments of the automotive market. The company also earns money through service agreements, maintenance plans, and software sub...
Polestar Automotive Holding UK Earnings Call Summary
Earnings Call Date:Sep 03, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:May 07, 2026
Earnings Call Sentiment Neutral
Polestar's earnings call highlighted strong revenue and sales volume growth, operational improvements, and a successful expansion in Europe. However, these positives were countered by significant challenges, including a negative gross margin due to an impairment expense, difficulties in the U.S. market, and the absence of updated financial guidance. The mixed results suggest a balanced outlook with both promising achievements and notable challenges.Positive Updates
Strong Revenue Growth
Revenue grew by 56% to $1.4 billion in the first half of 2025, driven by higher sales volume and an increase in the share of higher-priced Polestar 3 and Polestar 4 models.
Negative Updates
Negative Gross Margin
Gross margin was negative at 49% due to a $739 million impairment expense for Polestar 3 assets, driven by increased production costs and pricing pressures.
Read all updates
Q2-2025 Updates
Positive
Negative
Strong Revenue Growth
Revenue grew by 56% to $1.4 billion in the first half of 2025, driven by higher sales volume and an increase in the share of higher-priced Polestar 3 and Polestar 4 models.
Read all positive updates
Company Guidance
During the Polestar First Half 2025 Results Conference Call, the company emphasized strong commercial performance with a 51% growth in retail sales volume, surpassing their target of 30% to 35% growth for 2025 to 2027. Revenue increased by 56% to $1.4 billion, driven by higher sales volume and a growing share of higher-priced Polestar 3 and 4 models. Despite these achievements, profitability was impacted by significant external headwinds, including tariffs and mounting pricing pressure, resulting in a negative gross margin of 49% due to an impairment expense of $739 million for Polestar 3 assets. Adjusted gross margin improved to a positive 1.4% from a negative 2.6% year-over-year, and adjusted EBITDA loss narrowed by 30% to $302 million. The company raised $200 million in new equity and secured around $2.1 billion in loan facilities to support operations. Polestar reiterated its target for a compound annual retail sales volume growth of 30% to 35% over 2025 to 2027 but did not issue specific financial guidance.Polestar Automotive Holding UK Financial Statement Overview
Summary
Income Statement
20
Very Negative
Balance Sheet
15
Very Negative
Cash Flow
25
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.55B | 2.03B | 2.38B | 2.44B | 1.34B | 610.25M |
| Gross Profit | -828.47M | -876.17M | -413.08M | 119.44M | 11.06M | 56.52M |
| EBITDA | -417.20M | -1.67B | -826.89M | -229.51M | -716.10M | -226.89M |
| Net Income | -2.27B | -2.05B | -1.19B | -479.02M | -1.01B | -484.86M |
Balance Sheet | ||||||
| Total Assets | 3.64B | 4.05B | 4.12B | 3.94B | 3.31B | 2.55B |
| Cash, Cash Equivalents and Short-Term Investments | 718.63M | 739.24M | 768.93M | 973.88M | 757.93M | 316.42M |
| Total Debt | 5.65B | 5.01B | 3.58B | 1.44B | 825.41M | 436.52M |
| Total Liabilities | 7.91B | 7.38B | 5.38B | 4.08B | 3.19B | 1.97B |
| Stockholders Equity | -4.27B | -3.33B | -1.26B | -133.34M | 122.50M | 580.71M |
Cash Flow | ||||||
| Free Cash Flow | -1.47B | -1.35B | -2.03B | -1.80B | -441.83M | -300.76M |
| Operating Cash Flow | -1.32B | -991.21M | -1.89B | -1.09B | -312.16M | -57.05M |
| Investing Cash Flow | -379.15M | -412.56M | -417.62M | -715.97M | -129.67M | -243.71M |
| Financing Cash Flow | 1.67B | 1.42B | 2.10B | 2.09B | 909.57M | 359.64M |
Polestar Automotive Holding UK Technical Analysis
Positive
19.93
Price Trends
17.76
Positive
17.65
Positive
23.81
Negative
Market Momentum
0.76
Negative
62.40
Neutral
87.40
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PSNY, the sentiment is Positive. The current price of 19.93 is above the 20-day moving average (MA) of 18.18, above the 50-day MA of 17.76, and below the 200-day MA of 23.81, indicating a neutral trend. The MACD of 0.76 indicates Negative momentum. The RSI at 62.40 is Neutral, neither overbought nor oversold. The STOCH value of 87.40 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PSNY.
Polestar Automotive Holding UK Risk Analysis
Polestar Automotive Holding UK disclosed 73 risk factors in its most recent earnings report. Polestar Automotive Holding UK reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Polestar Automotive Holding UK Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | $19.34B | 109.05 | 1.55% | ― | -9.99% | -54.75% | |
50 Neutral | $16.35B | -60.90 | -3.77% | ― | 86.57% | 51.35% | |
47 Neutral | $2.81B | -1.22 | -133.09% | ― | 45.86% | 22.13% | |
47 Neutral | $19.15B | -7.49 | -66.53% | ― | 28.21% | 44.43% | |
45 Neutral | $13.97B | -5.57 | -984.82% | ― | 14.94% | 2.53% | |
41 Neutral | $1.90B | -0.95 | 49.28% | ― | ― | ― |
* Consumer Cyclical Sector Average
PSNY
Polestar Automotive Holding UK
20.33
-10.72
-34.52%
NIO
Nio
6.50
2.89
80.06%
LI
Li Auto
19.21
-4.64
-19.45%
XPEV
XPeng, Inc. ADR
17.42
-3.66
-17.36%
LCID
Lucid Group
8.58
-16.72
-66.09%
RIVN
Rivian Automotive
15.43
3.40
28.26%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.