Polestar Automotive Holding UK PLC ADR [PSNY] stock prices are up 3.85% to $1.08 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PSNY shares have gain 5.88% over the last week, with a monthly amount drifted -1.82%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Polestar Automotive Holding UK PLC ADR [NASDAQ: PSNY] stock has seen the most recent analyst activity on January 17, 2025, when Cantor Fitzgerald downgraded its rating to a Neutral. Previously, BofA Securities started tracking the stock with Neutral rating on December 05, 2024, and set its price target to $1.25. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $2 on March 15, 2024. Bernstein initiated its recommendation with a Underperform and recommended $1.15 as its price target on January 24, 2024. Piper Sandler started tracking with a Overweight rating for this stock on November 01, 2023, and assigned it a price target of $3. In a note dated September 07, 2023, Barclays downgraded an Underweight rating on this stock and revised its target price from $5 to $3.
The stock price of Polestar Automotive Holding UK PLC ADR [PSNY] has been fluctuating between $0.61 and $2.17 over the past year. Currently, Wall Street analysts expect the stock to reach $1.5 within the next 12 months. Polestar Automotive Holding UK PLC ADR [NASDAQ: PSNY] shares were valued at $1.08 at the most recent close of the market. An investor can expect a potential return of 38.89% based on the average PSNY price forecast.
Analyzing the PSNY fundamentals
The Polestar Automotive Holding UK PLC ADR [NASDAQ:PSNY] reported sales of 2.00B for trailing twelve months, representing a drop of -10.19%. Gross Profit Margin for this corporation currently stands at -0.22% with Operating Profit Margin at -0.71%, Pretax Profit Margin comes in at -0.68%, and Net Profit Margin reading is -0.68%. To continue investigating profitability, this company’s Return on Assets is posted at -0.37, Equity is 3.51 and Total Capital is -2.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.0400 points at the first support level, and at 1.0000 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1100, and for the 2nd resistance point, it is at 1.1400.
Ratios To Look Out For
It’s worth pointing out that Polestar Automotive Holding UK PLC ADR [NASDAQ:PSNY]’s Current Ratio is 0.72. On the other hand, the Quick Ratio is 0.38, and the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.25.
