Polestar Automotive Holding UK (NASDAQ:PSNY) Trading Down 14.1% – Time to Sell?

Posted by Stanley Muller on Jun 3rd, 2026

Polestar Automotive Holding UK PLC (NASDAQ:PSNY – Get Free Report)’s stock price was down 14.1% during mid-day trading on Monday . The company traded as low as $19.56 and last traded at $19.8210. Approximately 46,825 shares were traded during trading, a decline of 75% from the average daily volume of 188,283 shares. The stock had previously closed at $23.08.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on PSNY shares. Cantor Fitzgerald downgraded Polestar Automotive Holding UK from a “neutral” rating to an “underweight” rating in a research report on Thursday, February 19th. Weiss Ratings raised Polestar Automotive Holding UK from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 14th. Finally, Wall Street Zen raised Polestar Automotive Holding UK from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Sell”.

Read Our Latest Research Report on PSNY

Polestar Automotive Holding UK Stock Performance

The business has a 50-day moving average of $19.83 and a 200-day moving average of $131.38. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of -1.00 and a beta of 1.29.

Hedge Funds Weigh In On Polestar Automotive Holding UK

Several institutional investors have recently bought and sold shares of PSNY. Rathbones Group PLC grew its position in Polestar Automotive Holding UK by 79.1% in the 3rd quarter. Rathbones Group PLC now owns 45,285 shares of the company’s stock valued at $43,000 after acquiring an additional 20,000 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Polestar Automotive Holding UK by 28,277.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,554 shares of the company’s stock valued at $47,000 after acquiring an additional 2,545 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of Polestar Automotive Holding UK by 45.0% during the second quarter. Russell Investments Group Ltd. now owns 47,970 shares of the company’s stock worth $51,000 after buying an additional 14,877 shares in the last quarter. Focus Partners Wealth acquired a new position in shares of Polestar Automotive Holding UK during the first quarter worth about $62,000. Finally, Captrust Financial Advisors grew its position in shares of Polestar Automotive Holding UK by 43.2% during the second quarter. Captrust Financial Advisors now owns 58,700 shares of the company’s stock worth $63,000 after buying an additional 17,700 shares in the last quarter. 1.02% of the stock is owned by institutional investors and hedge funds.

About Polestar Automotive Holding UK

(Get Free Report)

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.