Streetbeat News

PSNY

Polestar Automotive Holding UK PLC

https://www.polestar.com

Industry

Auto - Manufacturers

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

Open

1.21

Mkt cap

2.5B

Volume

4.2M

High

1.22

P/E Ratio

-1.73

52-wk high

2.65

Low

1.13

Div yield

N/A

52-wk low

0.61

Polestar reported delivering 11,900 cars in Q3 and a total of 32,300 cars year-to-date by the end of September.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 11:35 am

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Polestar Automotive (NASDAQ:PSNY) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 2:12 pm

Infosys has entered a strategic collaboration with Polestar to establish a global technology hub at its Bengaluru development center. This hub will focus on Polestar's in-car infotainment, software, electrical engineering, user experience, and cloud services.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 10:29 am

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Polestar Automotive (NASDAQ:PSNY) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:35 pm

Polestar has announced that it has regained compliance with Nasdaq's listing rules, which is crucial for maintaining its presence on the exchange.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 11:09 am

Oxford Industries reported weaker-than-expected Q2 earnings and sales, leading to a 10.3% drop in pre-market trading. The company missed analyst estimates and provided FY24 guidance below expectations. Other stocks like GameStop, BeiGene, and Viper Energy also saw declines in pre-market trading.

Portfolio Pulse from Avi Kapoor

September 12, 2024 | 12:02 pm

Polestar Automotive shares are trading higher following Deutsche Bank's announcement of a $1.5 price target.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:09 pm

Deutsche Bank analyst Edison Yu has reinstated a Hold rating on Polestar Automotive (NASDAQ:PSNY) and set a price target of $1.5.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:20 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Polestar Automotive (NASDAQ:PSNY) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 2:48 pm

In August, several mid-cap stocks showed significant performance. Polestar Automotive, Upstart Holdings, and Lumen Technologies were among the top performers, with notable stock price increases due to strong quarterly results and strategic developments.

Portfolio Pulse from Lekha Gupta

September 08, 2024 | 6:09 pm

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