Polestar Automotive Holding UK (PSNY) to Release Earnings on Monday

Polestar Automotive Holding UK (NASDAQ:PSNY) is anticipated to post its quarterly earnings results before the market opens on Monday, March 31st. Analysts expect Polestar Automotive Holding UK to post earnings of ($0.13) per share and revenue of $572.13 million for the quarter.

Polestar Automotive Holding UK Stock Down 3.6 %

PSNY opened at $1.08 on Friday. The firm has a market cap of $2.31 billion, a PE ratio of -1.89 and a beta of 1.49. The business has a fifty day simple moving average of $1.09 and a 200-day simple moving average of $1.21. Polestar Automotive Holding UK has a fifty-two week low of $0.61 and a fifty-two week high of $1.94.

Wall Street Analysts Forecast Growth

PSNY has been the topic of several recent analyst reports. Bank of America started coverage on Polestar Automotive Holding UK in a report on Thursday, December 5th. They set a “neutral” rating and a $1.25 price objective on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Polestar Automotive Holding UK in a research note 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.com, the company presently has an average rating of “Hold” and an average price target of $1.53.

About Polestar Automotive Holding UK

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.