Polestar Automotive Holding UK

PSNY · NASDAQ

$3.67+$0.10 (+2.80%)TodayMarket closed · Oct 23, 7:51 PM ET

Prev close $3.57

PSNY analyst rating

SellConsensus of 2 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold0
Underperform2
Sell0

12-month price target · 5 analysts

Average $7.65 (+108.4% upside)

Low: $5.05
Now: $3.67
High: $10.50

Upgrades and downgrades

The latest rating actions, newest first

PSNY analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Barclays	Oct 9, 2026	Maintains	Underweight	$15.00 → $5.00	39%
Cantor Fitzgerald	Sep 4, 2026	Maintains	Underweight	—	59%
Cantor Fitzgerald	Feb 19, 2026	Downgrade	Neutral → Underweight	—	59%
Barclays	Jan 23, 2026	Maintains	Underweight	$1.00 → $15.00	39%

The case for and against

Updated Feb 9, 2026

Bull case

Polestar Automotive Holding UK PLC is positioned for growth with its new production facility in South Korea, expected to enhance delivery ramp-up and improve profit margins by the second half of 2025. The company is focusing on accelerating growth through an active selling model while streamlining operations and reducing costs, which could lead to improved financial performance. Furthermore, Polestar has successfully secured approximately $1 billion in new loan facilities and renewed about $1.1 billion in existing facilities, indicating strong financial support to sustain its capital expenditures and operational initiatives.

Bear case

Polestar Automotive reported a significantly negative gross margin of approximately -97.2% for Q2 2025 and -49.4% for the first half of 2025, which was markedly worse than the initially estimated margins of around 6% for both periods. Additionally, the company has revised its fiscal year 2025 and 2026 blended average selling price (ASP) estimates to $46,961 and $53,910, respectively, while lowering revenue projections to $3.178 billion and $4.652 billion, indicating a decline from previous expectations. Key risks identified, including potential tariffs, a slowdown in demand, supply chain disruptions, and stiff competition in the electric vehicle market, further contribute to a negative outlook for Polestar's stock performance.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.