Polestar Automotive Holding UK (NASDAQ:PSNY) Sets New 52-Week Low – What’s Next?

Posted by Brenda Bartman on Oct 9th, 2026

Polestar Automotive Holding UK PLC (NASDAQ:PSNY – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $5.89 and last traded at $5.93, with a volume of 221654 shares trading hands. The stock had previously closed at $6.10.

Analyst Upgrades and Downgrades

PSNY has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Polestar Automotive Holding UK from a “sell” rating to a “strong sell” rating in a report on Saturday, September 5th. Weiss Ratings downgraded shares of Polestar Automotive Holding UK from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, October 2nd. Finally, Cantor Fitzgerald reiterated an “underweight” rating on shares of Polestar Automotive Holding UK in a research note on Friday, September 4th. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on Polestar Automotive Holding UK

Polestar Automotive Holding UK Trading Down 4.8%

The company has a 50-day moving average of $10.27 and a 200-day moving average of $15.93. The company has a market capitalization of $495.64 million, a price-to-earnings ratio of -0.35 and a beta of 1.44.

Polestar Automotive Holding UK (NASDAQ:PSNY – Get Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The company reported ($3.15) earnings per share for the quarter, missing the consensus estimate of ($2.19) by ($0.96). The business had revenue of $680.05 million during the quarter, compared to analyst estimates of $878.10 million. On average, research analysts expect that Polestar Automotive Holding UK PLC will post -0.4 EPS for the current year.

Institutional Trading of Polestar Automotive Holding UK

Large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its holdings in shares of Polestar Automotive Holding UK by 28,277.8% in the first quarter. EverSource Wealth Advisors LLC now owns 2,554 shares of the company’s stock worth $47,000 after buying an additional 2,545 shares during the last quarter. Nykredit A S purchased a new stake in shares of Polestar Automotive Holding UK during the second quarter valued at $65,000. Pictet Asset Management Holding SA grew its holdings in shares of Polestar Automotive Holding UK by 74.8% during the first quarter. Pictet Asset Management Holding SA now owns 7,465 shares of the company’s stock valued at $138,000 after buying an additional 3,194 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Polestar Automotive Holding UK by 171.8% in the 1st quarter. Public Employees Retirement System of Ohio now owns 9,966 shares of the company’s stock valued at $184,000 after acquiring an additional 6,300 shares during the period. Finally, SmartHarvest Portfolios LLC acquired a new position in shares of Polestar Automotive Holding UK in the 1st quarter valued at $186,000. Hedge funds and other institutional investors own 1.02% of the company’s stock.

About Polestar Automotive Holding UK

(Get Free Report)

Polestar Automotive Holding UK PLC is the holding company of Polestar, a global electric vehicle brand founded in 2017 through a partnership involving Volvo Cars and Geely. The company is headquartered in Gothenburg, Sweden, and focuses on designing, developing and selling premium electric performance vehicles.

Polestar’s vehicle lineup has included the Polestar 2 fastback, an all-electric compact premium car; the Polestar 3 electric performance SUV; and the Polestar 4 electric SUV coupe.