Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden. .
Polestar Automotive Holding Uk stock last closed at $1.38, up 4.55% from the previous day, and has decreased 55.91% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.35 percentage points. Polestar Automotive Holding Uk stock is currently +126.23% from its 52-week low of $0.61, and -53.54% from its 52-week high of $2.97.
As of Sep 6, 2024, there are 2.14B PSNY shares outstanding. The market cap of PSNY is $2.95B. In the past 24 hours, 12.42M PSNY shares were traded.
How to Buy Polestar Automotive Holding Uk Stock
Not sure how to invest in Polestar Automotive Holding Uk stock? Here's how.
Choose where to buy Polestar Automotive Holding Uk stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Polestar Automotive Holding Uk stock.
Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Fund your brokerage account: Pick your method of payment and add your details.
Analyze Polestar Automotive Holding Uk stock: The Polestar Automotive Holding Uk ticker symbol is PSNY. Is Polestar Automotive Holding Uk stock a good investment? Should you buy shares of PSNY? How do PSNY's underlying business fundamentals look? Do top analysts think Polestar Automotive Holding Uk is a good buy? Why has PSNY's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if PSNY is a good stock to buy).
Execute your PSNY trade: Decide if you will purchase PSNY shares at the current market price or use a limit order to purchase PSNY stock at a particular price.
Track your investment in PSNY: Create a watchlist to important notifications about your new investment in Polestar Automotive Holding Uk stock.
Step 1: Choose where to buy Polestar Automotive Holding Uk stock
You need a brokerage account to access the NASDAQ market and buy PSNY shares.
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Step 2: Create your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy PSNY today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Analyze Polestar Automotive Holding Uk stock
Once you have identified the best place to buy Polestar Automotive Holding Uk stock, it's crucial to research their stock before you buy, so you can understand the risk as well as the opportunity.
Polestar Automotive Holding Uk Numbers
PSNY Price
$1.38
1w %
13.11%
1y %
-55.91%
5y %
N/A
P/E
N/A
P/B
-1.62x
P/S
1.43x
PEG
N/A
Revenue
$2.07B
Earnings
-$1.42B
Fore. Rev. Growth
35.28%
Fore. Earn. Growth
N/A
Market Cap
$2.95B
Next Earnings
N/A
Next Dividend
N/A
Polestar Automotive Holding Uk Zen Score
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.
PSNY has cash burn of 1677118000. It does not have enough cash and short-term investments to cover this.
PSNY debt to equity ratio of -3.1 is negative.
There are more short-term liabilities than short-term assets on the PSNY balance sheet.
PSNY has $668.91M in cash and short term investments. This is not sufficient to cover its annual cash burn of $1.68B.
Total PSNY debt is still negative.
PSNY profit margin has gone down from -12% to -68.9% in the past year.
There are more long-term liabilities than short-term assets on the PSNY balance sheet.
Do Wall Street analysts think it's a good time to buy PSNY stock
Out of 6 Equities analysts who give ratings on PSNY, the consensus analyst rating on PSNY is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest PSNY Analyst Upgrades/Downgrades
Alex Potter, a bottom 25% analyst from Piper Sandler downgrades PSNY to a hold rating and lowers their PSNY price target from $3.00 to $2.00, on Mar 15, 2024.
Last year, PSNY revenue was $2.07B. In the last 2 year, PSNY's revenue has grown by 5.58% per year. This was slower than the Auto Manufacturers industry average of 27.23%.
No, Polestar Automotive Holding Uk doesn't provide an income stream by paying out dividends.
What do other traders have to say about PSNY?
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Step 5: Execute your PSNY trade
There are two main types of orders:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are mostly fine.
Limit order: A limit order lets you buy or sell a security at a specific price (or better). If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and eToro will place the order.
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How much does it cost to buy one Polestar Automotive Holding Uk share?
As of Sep 6, 2024, it costs $1.38 to buy one share of Polestar Automotive Holding Uk stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.69, you can buy 0.5 shares of PSNY.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Is now a good time to buy Polestar Automotive Holding Uk stock?
According to 6 Wall Street analysts who monitor Polestar Automotive Holding Uk, their consensus recommendation is to hold Polestar Automotive Holding Uk stock.
What is the best way to buy Polestar Automotive Holding Uk stock?
One way to place an order for Polestar Automotive Holding Uk stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.