Polestar Automotive Holding UK’s (PSNY) “Underweight” Rating Reiterated at Cantor Fitzgerald

Polestar Automotive Holding UK (NASDAQ:PSNY)‘s stock had its “underweight” rating reaffirmed by equities research analysts at Cantor Fitzgerald in a research note issued to investors on Friday, Benzinga reports.

PSNY has been the subject of several other reports. Wall Street Zen lowered Polestar Automotive Holding UK from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Weiss Ratings downgraded Polestar Automotive Holding UK from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, August 25th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Polestar Automotive Holding UK currently has an average rating of “Sell”.

Polestar Automotive Holding UK Stock Down 27.5%

Shares of NASDAQ PSNY opened at $8.69 on Friday. The firm has a market cap of $811.12 million, a price-to-earnings ratio of -0.45 and a beta of 1.32. The company’s 50-day simple moving average is $15.02 and its 200-day simple moving average is $17.79. Polestar Automotive Holding UK has a 52-week low of $8.03 and a 52-week high of $32.70.

Polestar Automotive Holding UK (NASDAQ:PSNY) last released its quarterly earnings results on Thursday, September 3rd. The company reported ($3.15) earnings per share for the quarter. The company had revenue of $680.05 million for the quarter. Equities research analysts anticipate that Polestar Automotive Holding UK will post -8.08 EPS for the current fiscal year.

Insiders Place Their Bets

In other Polestar Automotive Holding UK news, Director Quan (Joe) Zhang bought 1,700 shares of Polestar Automotive Holding UK stock in a transaction dated Tuesday, June 30th. The stock was acquired at an average cost of $17.70 per share, for a total transaction of $30,090.00. Following the completion of the transaction, the director directly owned 3,300 shares of the company’s stock, valued at approximately $58,410. This represents a 106.25% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Karl-Thomas Neumann purchased 2,009 shares of the firm’s stock in a transaction dated Monday, June 29th. The stock was acquired at an average cost of $16.93 per share, for a total transaction of $34,012.37. Following the completion of the purchase, the director owned 7,998 shares of the company’s stock, valued at approximately $135,406.14. This represents a 33.54% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders acquired 15,129 shares of company stock valued at $264,398. Corporate insiders own 0.02% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PSNY. EverSource Wealth Advisors LLC boosted its holdings in shares of Polestar Automotive Holding UK by 28,277.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,554 shares of the company’s stock worth $47,000 after purchasing an additional 2,545 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Polestar Automotive Holding UK by 45.0% in the second quarter. Russell Investments Group Ltd. now owns 47,970 shares of the company’s stock valued at $51,000 after purchasing an additional 14,877 shares during the last quarter. Focus Partners Wealth acquired a new stake in shares of Polestar Automotive Holding UK in the first quarter valued at approximately $62,000. Captrust Financial Advisors lifted its position in Polestar Automotive Holding UK by 43.2% during the second quarter. Captrust Financial Advisors now owns 58,700 shares of the company’s stock worth $63,000 after buying an additional 17,700 shares in the last quarter. Finally, Nykredit A S purchased a new position in Polestar Automotive Holding UK during the second quarter worth approximately $65,000. 1.02% of the stock is owned by hedge funds and other institutional investors.

More Polestar Automotive Holding UK News

Here are the key news stories impacting Polestar Automotive Holding UK this week:

• Positive Sentiment: Polestar secured a $400 million convertible term loan from an affiliate of parent-company backer Geely. The funding should provide additional liquidity and support operations, although the convertible structure could eventually dilute shareholders. Polestar Secures USD 400 Million Convertible Term Loan from Geely Affiliate
• Neutral Sentiment: First-half results showed a narrower net loss, but the improvement was overshadowed by lower revenue and weak vehicle volumes. Polestar reported quarterly revenue of approximately $680 million and a loss of $3.15 per share. Polestar Narrows Net Loss but Sees Revenue Dip in First-Half 2026 Results
• Negative Sentiment: Management cut its full-year delivery-growth forecast after U.S. restrictions affecting China-linked electric vehicles forced Polestar out of the U.S. market. Weak EV demand and intense competition are adding pressure to the revised outlook. Polestar cuts full-year delivery forecast after US bars China-linked EV maker
• Negative Sentiment: Analysts and investors remain concerned about falling deliveries, an 8% revenue decline, substantial ongoing losses and heavy cash burn. One analysis highlighted negative working capital exceeding $4.7 billion and a weak balance sheet despite support from Geely and Volvo, raising financing and execution risks. Polestar Q2: Another New Low

Polestar Automotive Holding UK Company Profile

Polestar Automotive Holding UK PLC (NASDAQ: PSNY) is an electric performance car company specializing in the design, development and manufacture of premium electric vehicles. Established as an offshoot of Volvo Car Group’s high-performance Polestar division, the company focuses on delivering a blend of Scandinavian design, advanced electric powertrains and cutting-edge connectivity features.

The roots of Polestar date back to 1996 when it operated as Volvo’s in-house tuning and motorsport arm.