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

Polestar Automotive Holding UK (NASDAQ:PSNY) is expected to post its quarterly earnings results before the market opens on Tuesday, April 1st. Analysts expect Polestar Automotive Holding UK to post earnings of ($0.13) per share for the quarter.

Polestar Automotive Holding UK Stock Up 4.7 %

Shares of NASDAQ:PSNY opened at $1.12 on Tuesday. The stock has a market cap of $2.39 billion, a PE ratio of -1.96 and a beta of 1.49. The company’s fifty day moving average is $1.10 and its 200 day moving average is $1.21. Polestar Automotive Holding UK has a 52 week low of $0.61 and a 52 week high of $1.94.

Analysts Set New Price Targets

Several research firms have recently commented on PSNY. Bank of America initiated coverage on Polestar Automotive Holding UK in a report on Thursday, December 5th. They issued a “neutral” rating and a $1.25 price objective on the stock. Cantor Fitzgerald reiterated a “neutral” rating on shares of Polestar Automotive Holding UK in a research report on Friday, January 17th. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target 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.