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

Wall Street Zen downgraded shares of Polestar Automotive Holding UK (NASDAQ:PSNY) from a sell rating to a strong sell rating in a research report report published on Saturday morning,Wall Street Zen reports.

Several other brokerages also recently commented on PSNY. Weiss Ratings downgraded 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 research report on Friday. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Sell”.

Polestar Automotive Holding UK Stock Performance

Shares of NASDAQ:PSNY opened at $9.21 on Friday. The company has a market cap of $859.63 million, a P/E ratio of -0.48 and a beta of 1.32. The stock’s 50-day moving average is $14.85 and its 200-day moving average is $17.73. 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 posted its quarterly earnings data on Thursday, September 3rd. The company reported ($3.15) EPS for the quarter, missing analysts’ consensus estimates of ($2.19) by ($0.96). The firm had revenue of $680.05 million during the quarter, compared to analyst estimates of $878.10 million. As a group, equities analysts predict that Polestar Automotive Holding UK will post -8.08 EPS for the current year.

Insiders Place Their Bets

In other news, Director Xiaojie (Laura) Shen purchased 2,436 shares of the stock in a transaction that occurred on Monday, June 29th. The shares were purchased at an average cost of $17.31 per share, for a total transaction of $42,167.16. Following the completion of the purchase, the director directly owned 7,369 shares of the company’s stock, valued at approximately $127,557.39. The trade was a 49.38% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Karl-Thomas Neumann purchased 2,009 shares of the business’s stock in a transaction on Monday, June 29th. The stock was purchased at an average cost of $16.93 per share, with a total value of $34,012.37. Following the acquisition, the director owned 7,998 shares in the company, valued at approximately $135,406.14. This represents a 33.54% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased 15,129 shares of company stock valued at $264,398 in the last quarter. 0.02% of the stock is currently owned by insiders.

Institutional Trading of Polestar Automotive Holding UK

A number of institutional investors and hedge funds have recently modified their holdings of the company. Banco Bilbao Vizcaya Argentaria S.A. bought a new position in Polestar Automotive Holding UK in the fourth quarter worth $160,160,000. Swiss National Bank boosted its stake in Polestar Automotive Holding UK by 195.4% during the first quarter. Swiss National Bank now owns 88,893 shares of the company’s stock worth $1,637,000 after buying an additional 58,800 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new stake in Polestar Automotive Holding UK during the fourth quarter worth $3,111,000. Russell Investments Group Ltd. increased its holdings in Polestar Automotive Holding UK by 45.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 47,970 shares of the company’s stock valued at $51,000 after buying an additional 14,877 shares during the period. Finally, California State Teachers Retirement System increased its holdings in Polestar Automotive Holding UK by 2,733.7% in the 2nd quarter. California State Teachers Retirement System now owns 1,318,995 shares of the company’s stock valued at $24,771,000 after buying an additional 1,272,449 shares during the period. 1.02% of the stock is currently owned by institutional investors.

Key Stories Impacting 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.

Polestar Automotive Holding UK Company Profile

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.