Polestar Automotive Holding UK (NASDAQ:PSNY) Rating Lowered to Strong Sell at Wall Street Zen

Polestar Automotive Holding UK (NASDAQ:PSNY) was downgraded by equities researchers at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research report issued on Saturday, Wall Street Zen reports.

A number of other brokerages have also recently commented on PSNY. Weiss Ratings cut Polestar Automotive Holding UK from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, August 25th. Cantor Fitzgerald reissued an “underweight” rating on shares of Polestar Automotive Holding UK in a report on Friday. One analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Sell”.

Polestar Automotive Holding UK Stock Performance

NASDAQ PSNY opened at $9.21 on Friday. The company has a market capitalization of $859.66 million, a PE ratio of -0.48 and a beta of 1.32. Polestar Automotive Holding UK has a 52-week low of $8.03 and a 52-week high of $31.50. The company has a 50-day simple moving average of $14.85 and a 200 day simple moving average of $17.73.

Polestar Automotive Holding UK (NASDAQ:PSNY) last released its earnings results on Thursday, September 3rd. The company reported ($3.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($2.19) by ($0.96). The business had revenue of $680.05 million for the quarter, compared to analysts’ expectations of $878.10 million. As a group, analysts forecast that Polestar Automotive Holding UK will post -8.08 EPS for the current fiscal year.

Insider Activity

In related news, Director Cynthia S. Dubin acquired 1,275 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The shares were acquired at an average price of $20.72 per share, with a total value of $26,418.00. Following the acquisition, the director owned 3,195 shares of the company’s stock, valued at approximately $66,200.40. This trade represents a 66.41% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Quan (Joe) Zhang bought 1,700 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was bought at an average price of $17.70 per share, with a total value of $30,090.00. Following the purchase, the director owned 3,300 shares in the company, valued at $58,410. This trade represents a 106.25% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have bought 15,129 shares of company stock valued at $264,398. 0.02% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Polestar Automotive Holding UK

Hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its position 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 valued at $47,000 after acquiring an additional 2,545 shares during the last quarter. Pictet Asset Management Holding SA increased its position in shares of Polestar Automotive Holding UK by 74.8% in the first quarter. Pictet Asset Management Holding SA now owns 7,465 shares of the company’s stock worth $138,000 after purchasing an additional 3,194 shares during the last quarter. Nykredit A S bought a new position in shares of Polestar Automotive Holding UK in the second quarter worth approximately $65,000. Public Employees Retirement System of Ohio raised its stake in Polestar Automotive Holding UK by 171.8% in the first quarter. Public Employees Retirement System of Ohio now owns 9,966 shares of the company’s stock valued at $184,000 after purchasing an additional 6,300 shares in the last quarter. Finally, SmartHarvest Portfolios LLC purchased a new stake in Polestar Automotive Holding UK in the first quarter valued at approximately $186,000. 1.02% of the stock is currently owned by institutional investors.

Polestar Automotive Holding UK News Roundup

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

• Positive Sentiment: Polestar secured a $400 million convertible term loan from a Geely affiliate. The funding should provide near-term liquidity and support operations, although the convertible structure could create future shareholder dilution. Polestar Secures USD 400 Million Convertible Term Loan from Geely Affiliate
• Neutral Sentiment: Polestar reported a narrower first-half net loss, but revenue declined. Its quarterly results included revenue of approximately $680.1 million and a loss of $3.15 per share, underscoring that the company remains unprofitable. Polestar Narrows Net Loss but Sees Revenue Dip in First-Half 2026 Results
• Negative Sentiment: Management cut its full-year delivery forecast after U.S. restrictions on China-linked electric vehicles effectively forced Polestar out of the U.S. market. Weak EV demand and intense competition are adding pressure to sales growth. Polestar cuts full-year delivery forecast after US bars China-linked EV maker
• Negative Sentiment: Investors remain concerned about declining deliveries, lower revenue, continued heavy losses, cash burn and negative working capital exceeding $4.7 billion. Analysts at Cantor Fitzgerald reaffirmed an “underweight” rating, reinforcing the cautious outlook.

About Polestar Automotive Holding UK

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.