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

Cantor Fitzgerald reaffirmed their underweight rating on shares of Polestar Automotive Holding UK (NASDAQ:PSNY) in a research report report published on Friday, Marketbeat reports.

PSNY has been the topic of several other reports. Weiss Ratings lowered Polestar Automotive Holding UK from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, August 25th. Wall Street Zen downgraded shares of Polestar Automotive Holding UK from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Polestar Automotive Holding UK Stock Performance

NASDAQ:PSNY opened at $9.21 on Friday. The stock has a 50 day moving average of $14.85 and a 200-day moving average of $17.73. The firm 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.

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

Insider Buying and Selling at Polestar Automotive Holding UK

In related news, Director Cynthia Dubin acquired 1,275 shares of Polestar Automotive Holding UK stock in a transaction that occurred on Thursday, July 2nd. The stock was acquired at an average price of $20.72 per share, with a total value of $26,418.00. Following the completion of the acquisition, the director directly owned 3,195 shares of the company’s stock, valued at $66,200.40. This trade represents a 66.41% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Quan (Joe) Zhang acquired 1,700 shares of Polestar Automotive Holding UK stock in a transaction that occurred on Tuesday, June 30th. The stock was bought at an average cost of $17.70 per share, with a total value of $30,090.00. Following the acquisition, the director directly owned 3,300 shares of the company’s stock, valued at approximately $58,410. This trade represents a 106.25% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders purchased 15,129 shares of company stock valued at $264,398. 0.02% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Polestar Automotive Holding UK

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in Polestar Automotive Holding UK during the fourth quarter worth about $160,160,000. California State Teachers Retirement System raised its position in Polestar Automotive Holding UK by 2,733.7% in the second quarter. California State Teachers Retirement System now owns 1,318,995 shares of the company’s stock worth $24,771,000 after acquiring an additional 1,272,449 shares in the last quarter. UBS Group AG lifted its holdings in Polestar Automotive Holding UK by 22.6% in the 3rd quarter. UBS Group AG now owns 2,409,258 shares of the company’s stock valued at $2,265,000 after acquiring an additional 443,359 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in Polestar Automotive Holding UK in the 2nd quarter valued at about $326,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new position in shares of Polestar Automotive Holding UK during the 4th quarter valued at about $3,111,000. 1.02% of the stock is owned by institutional investors.

Trending Headlines about Polestar Automotive Holding UK

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.