Polestar Automotive Holding Stock Today
| PSNY Stock | USD 1.23 0.05 4.24% |
Performance0 of 100
| Odds Of DistressOver 76
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Polestar Automotive is trading at 1.23 as of the 30th of April 2024; that is 4.24 percent up since the beginning of the trading day. The stock's open price was 1.18. Polestar Automotive has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Polestar Automotive Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 24th of June 2022 | Category Consumer Cyclical | Classification Consumer Discretionary |
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden. Gores Guggenheim is traded on NASDAQ Exchange in the United States. The company has 2.11 B outstanding shares of which 28.09 M shares are at this time shorted by private and institutional investors with about 12.38 trading days to cover. More on Polestar Automotive Holding
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Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 9th of May 2024
Polestar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Polestar Automotive's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Polestar Automotive or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Automobile Manufacturers, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, Consumer Discretionary, Automobiles, Auto Manufacturers, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Polestar Automotive report their recommendations after researching Polestar Automotive's financial statements, talking to executives and customers, or listening in on Polestar Automotive's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Polestar Automotive. The Polestar consensus assessment is calculated by taking the average forecast from all of the analysts covering Polestar Automotive. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Polestar Automotive's historical financial statements, Polestar Automotive Holding may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Polestar Automotive is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Polestar Automotive's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Polestar Automotive's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Polestar Automotive's financial leverage. It provides some insight into what part of Polestar Automotive's total assets is financed by creditors.
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Polestar Automotive Holding (PSNY) is traded on NASDAQ Exchange in USA. It is located in Assar Gabrielssons VAeG 9, Gothenburg, Sweden, 40531 and employs 2,377 people. Polestar Automotive is listed under Automobile Manufacturers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Polestar Automotive's market, we take the total number of its shares issued and multiply it by Polestar Automotive's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Polestar Automotive conducts business under Automobiles sector and is part of Consumer Discretionary industry. The entity has 2.11 B outstanding shares of which 28.09 M shares are at this time shorted by private and institutional investors with about 12.38 trading days to cover.
Polestar Automotive Holding currently holds about 1.38 B in cash with (1.39 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65.
Check Polestar Automotive Probability Of Bankruptcy
Ownership AllocationPolestar Automotive owns a total of 2.11 Billion outstanding shares. Polestar Automotive has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Polestar Ownership Details
Polestar Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Polestar Automotive jumping above the current price in 90 days from now is under 95%. The Polestar Automotive Holding probability density function shows the probability of Polestar Automotive stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.2166 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Polestar Automotive will likely underperform. Additionally, polestar Automotive Holding has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Polestar Automotive to move above the current price in 90 days from now is under 95 (This Polestar Automotive Holding probability density function shows the probability of Polestar Stock to fall within a particular range of prices over 90 days) .
Polestar Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Polestar Automotive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Polestar Automotive's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Polestar Automotive's value.| Instituion | Recorded On | Shares | |
| Union Square Park Capital Management, Llc | 2023-12-31 | 561.5 K | |
| Cubist Systematic Strategies, Llc | 2023-12-31 | 384.6 K | |
| Legal & General Group Plc | 2023-12-31 | 295.5 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 288.5 K | |
| Mitsubishi Ufj Asset Management Co.,ltd | 2023-12-31 | 288.2 K | |
| Green Alpha Advisors, Llc | 2024-03-31 | 279.1 K | |
| Quinn Opportunity Partners Llc | 2023-12-31 | 270 K | |
| Canada Pension Plan Investment Board | 2023-12-31 | 201.5 K | |
| Pathstone Holdings Llc | 2023-12-31 | 194.4 K | |
| Amf Pensionsforsakring Ab | 2023-12-31 | 4.4 M | |
| Amvescap Plc. | 2023-12-31 | 2.7 M |
Polestar Automotive Historical Income Statement
Polestar Automotive Holding Income Statement is one of the three primary financial statements used for reporting Polestar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Polestar Automotive revenue and expense. Polestar Automotive Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Polestar Automotive's Interest Income is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 4.1 B in 2024, whereas Tax Provision is likely to drop slightly above 9.8 M in 2024. View More FundamentalsPolestar Stock Against Markets
Picking the right benchmark for Polestar Automotive stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Polestar Automotive stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Polestar Automotive is critical whether you are bullish or bearish towards Polestar Automotive Holding at a given time. Please also check how Polestar Automotive's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Polestar Automotive without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Polestar Automotive Corporate Management
Elected by the shareholders, the Polestar Automotive's board of directors comprises two types of representatives: Polestar Automotive inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Polestar. The board's role is to monitor Polestar Automotive's management team and ensure that shareholders' interests are well served. Polestar Automotive's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Polestar Automotive's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bojana Flint | Head Relations | Profile | |
| Jonas Engstrm | Head Operations | Profile | |
| Mikael Alkmark | Deputy Officer | Profile | |
| Lutz Stiegler | Chief Officer | Profile | |
| Maria Lexe | Chief Officer | Profile | |
| Thomas Ingenlath | CEO Director | Profile | |
| Per Ansgar | Chief Officer | Profile |
How to buy Polestar Stock?
Before investing in Polestar Automotive, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Polestar Automotive. To buy Polestar Automotive stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Polestar Automotive. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Polestar Automotive stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Polestar Automotive Holding stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Polestar Automotive Holding stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Polestar Automotive Holding, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Polestar Stock please use our How to Invest in Polestar Automotive guide.
Already Invested in Polestar Automotive Holding?
The danger of trading Polestar Automotive Holding is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Polestar Automotive is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Polestar Automotive. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Polestar Automotive is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Polestar Automotive is a strong investment it is important to analyze Polestar Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Polestar Automotive's future performance. For an informed investment choice regarding Polestar Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polestar Automotive Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Polestar Stock analysis
When running Polestar Automotive's price analysis, check to measure Polestar Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Polestar Automotive is operating at the current time. Most of Polestar Automotive's value examination focuses on studying past and present price action to predict the probability of Polestar Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polestar Automotive's price. Additionally, you may evaluate how the addition of Polestar Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Polestar Automotive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polestar Automotive. If investors know Polestar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polestar Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 1.341 | Quarterly Revenue Growth 0.408 | Return On Assets (0.15) | Return On Equity (3.98) |
The market value of Polestar Automotive is measured differently than its book value, which is the value of Polestar that is recorded on the company's balance sheet. Investors also form their own opinion of Polestar Automotive's value that differs from its market value or its book value, called intrinsic value, which is Polestar Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polestar Automotive's market value can be influenced by many factors that don't directly affect Polestar Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polestar Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Polestar Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polestar Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.