PSNY Chart
About

Polestar Automotive Holding UK PLC engages in the research and development, marketing, commercialization, and sale of battery electric vehicles and related technology solutions. The company offers battery electric vehicles, including Polestar 2 (PS2), a fast-back sedan; Polestar 3 (PS3), an aero sport-utility vehicle; Polestar 4 (PS4), a sport utility vehicle; Polestar 5 (PS5), a sport grand-touring sedan; and Polestar 6 (PS6), a roadster. It also provides vehicle accessories; software and performance engineered kits; and carbon credits, as well as vehicle leasing. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Auto Manufacturers Market Cap 1.76B
Enterprise Value 45.74B Income -2.70B Sales 2.55B
Book/sh -60.39 Cash/sh 0.34 Dividend Yield —
Payout 0.00% Employees 2547 IPO —
P/E — Forward P/E -1.65 PEG —
P/S 0.69 P/B -0.32 P/C —
EV/EBITDA -26.93 EV/Sales 17.96 Quick Ratio 0.21
Current Ratio 0.43 Debt/Eq — LT Debt/Eq —
EPS (ttm) -38.14 EPS next Y -11.66 EPS Growth —
Revenue Growth 26.10% Earnings 2026-04-30 ROA -28.00%
ROE — ROIC — Gross Margin -32.68%
Oper. Margin -28.66% Profit Margin -105.95% Shs Outstand 91.51M
Shs Float 932.74M Short Float — Short Ratio 10.72
Short Interest — 52W High 42.60 52W Low 11.75
Beta 1.85 Avg Volume 279.15K Volume 554.91K
Target Price $22.50 Recom Underperform Prev Close $18.10
Price $19.26 Change 6.41%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$22.50
Mean price target
2. Current target
$19.26
Latest analyst target
3. DCF / Fair value
$-302.86
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$19.26
Low
$15.00
High
$30.00
Mean
$22.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-19 down Cantor Fitzgerald Neutral → Underweight —
2026-01-23 main Barclays Underweight → Underweight $15
2025-09-04 reit Cantor Fitzgerald Neutral → Neutral —
2025-01-17 down Cantor Fitzgerald Overweight → Neutral —
2024-12-05 init B of A Securities — → Neutral $1
2024-09-30 reit Cantor Fitzgerald Overweight → Overweight $3
2024-09-23 reit Cantor Fitzgerald Overweight → Overweight $3
2024-09-09 reit Cantor Fitzgerald Overweight → Overweight $3
2024-09-04 main Piper Sandler Neutral → Neutral $2
2024-09-03 reit Cantor Fitzgerald Overweight → Overweight $3
2024-08-30 main Bernstein Underperform → Underperform $1
2024-08-30 reit Cantor Fitzgerald Overweight → Overweight $3
2024-08-19 reit Cantor Fitzgerald Overweight → Overweight $3
2024-08-16 reit Cantor Fitzgerald Overweight → Overweight $3
2024-07-22 reit Cantor Fitzgerald Overweight → Overweight $3
2024-07-17 reit Cantor Fitzgerald Overweight → Overweight $3
2024-07-15 reit Cantor Fitzgerald Overweight → Overweight $3
2024-07-03 main Barclays Underweight → Underweight $1
2024-07-01 reit Cantor Fitzgerald Overweight → Overweight $5
2024-05-16 main Citigroup Neutral → Neutral $2
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems189.19K4.35M101.01M-60.95K
TaxRateForCalcs0.000.010.190.00
NormalizedEBITDA-1.71B-1.42B-762.63M-696.82M
TotalUnusualItems42.50M548.18M531.66M-19.28M
TotalUnusualItemsExcludingGoodwill42.50M548.18M531.66M-19.28M
NetIncomeFromContinuingOperationNetMinorityInterest-2.05B-1.18B-479.02M-969.81M
ReconciledDepreciation55.72M115.44M140.81M211.58M
ReconciledCostOfRevenue2.91B2.78B2.34B1.33B
EBITDA-1.67B-870.20M-230.98M-716.10M
EBIT-1.72B-985.65M-371.78M-927.68M
NetInterestIncome-314.54M-173.36M-68.93M-43.82M
InterestExpense335.41M205.68M77.48M45.20M
InterestIncome21.09M32.28M7.66M1.40M
NormalizedIncome-2.09B-1.73B-909.66M-950.59M
NetIncomeFromContinuingAndDiscontinuedOperation-2.05B-1.18B-479.02M-969.81M
TotalExpenses3.82B3.89B3.35B2.25B
TotalOperatingIncomeAsReported-1.81B-1.47B-1.29B-960.64M
DilutedAverageShares70.34M2.11B2.11B2.12B
BasicAverageShares70.34M2.11B2.11B2.12B
DilutedEPS-29.14-0.56-0.22-0.46
BasicEPS-29.10-0.56-0.22-0.46
DilutedNIAvailtoComStockholders-2.05B-1.18B-479.02M-969.81M
NetIncomeCommonStockholders-2.05B-1.18B-479.02M-969.81M
NetIncome-2.05B-1.18B-479.02M-969.81M
NetIncomeIncludingNoncontrollingInterests-2.05B-1.18B-479.02M-969.81M
NetIncomeContinuousOperations-2.05B-1.18B-479.02M-969.81M
TaxProvision-9.17M-9.45M29.76M-3.08M
PretaxIncome-2.06B-1.19B-449.26M-972.88M
OtherIncomeExpense37.53M504.87M531.66M-19.28M
SpecialIncomeCharges136.31M451.48M529.75M0.00
GainOnSaleOfPPE0.0016.33M0.000.00
GainOnSaleOfBusiness10.10M25.20M0.000.00
OtherSpecialCharges416.00K33.23M372.32M
RestructuringAndMergernAcquisition-126.62M-443.17M-902.07M0.00
EarningsFromEquityInterest-4.97M-43.30M0.000.00
GainOnSaleOfSecurity-93.81M96.70M1.91M-19.28M
NetNonOperatingInterestIncomeExpense-314.54M-173.36M-68.93M-43.82M
TotalOtherFinanceCost223.00K-38.00K-889.00K13.00K
InterestExpenseNonOperating335.41M205.68M77.48M45.20M
InterestIncomeNonOperating21.09M32.28M7.66M1.40M
OperatingIncome-1.78B-1.52B-911.99M-909.79M
OperatingExpense905.88M1.11B1.01B920.84M
OtherOperatingExpenses-24.42M10.58M-3.04M-1.20M
OtherTaxes1.25M669.00K1.08M1.06M
ResearchAndDevelopment38.35M157.28M174.92M234.02M
SellingGeneralAndAdministration890.70M944.18M840.15M686.96M
GeneralAndAdministrativeExpense864.60M714.72M
OtherGandA864.60M714.72M
GrossProfit-876.17M-410.14M101.12M11.06M
CostOfRevenue2.91B2.78B2.34B1.33B
TotalRevenue2.03B2.37B2.44B1.34B
OperatingRevenue2.02B2.35B2.44B1.34B
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber2.11B2.11B2.11B2.12B
ShareIssued2.11B2.11B2.11B2.12B
NetDebt4.21B2.75B423.93M
TotalDebt5.01B3.59B1.44B732.99M
TangibleBookValue-4.37B-2.67B-1.48B-1.25B
InvestedCapital1.62B2.26B1.31B778.62M
WorkingCapital-2.44B-1.35B-1.04B-1.43B
NetTangibleAssets-4.37B-2.67B-1.48B-1.25B
CapitalLeaseObligations61.84M73.99M43.26M76.86M
CommonStockEquity-3.33B-1.25B-89.93M122.50M
TotalCapitalization-991.07M162.27M-46.29M122.50M
TotalEquityGrossMinorityInterest-3.33B-1.25B-89.93M122.50M
StockholdersEquity-3.33B-1.25B-89.93M122.50M
GainsLossesNotAffectingRetainedEarnings-63.15M-25.64M-15.50M-16.78M
ForeignCurrencyTranslationAdjustments-63.15M-25.64M-15.50M-16.78M
RetainedEarnings-6.91B-4.86B-3.68B-1.76B
AdditionalPaidInCapital3.63B3.62B3.58B35.23M
CapitalStock21.17M21.17M21.16M1.87B
CommonStock21.17M21.17M21.16M1.87B
TotalLiabilitiesNetMinorityInterest7.38B5.54B4.10B3.19B
TotalNonCurrentLiabilitiesNetMinorityInterest2.64B1.92B912.95M146.48M
OtherNonCurrentLiabilities100.18M282.82M702.82M11.76M
EmployeeBenefits96.00K1.30M
NonCurrentDeferredLiabilities61.63M66.49M61.49M29.43M
NonCurrentDeferredRevenue61.00M63.15M49.02M28.92M
NonCurrentDeferredTaxesLiabilities630.00K3.33M12.47M509.00K
LongTermDebtAndCapitalLeaseObligation2.39B1.47B74.97M66.58M
LongTermCapitalLeaseObligation47.92M54.44M31.33M66.58M
LongTermDebt2.34B1.41B43.64M
LongTermProvisions94.76M103.61M73.67M37.41M
CurrentLiabilities4.74B3.62B3.19B3.04B
OtherCurrentLiabilities194.12M186.10M124.15M111.50M
CurrentDeferredLiabilities54.99M91.29M68.10M94.78M
CurrentDeferredRevenue54.99M91.29M68.10M94.78M
CurrentDeferredTaxesLiabilities10.62M13.09M
CurrentDebtAndCapitalLeaseObligation2.63B2.12B1.37B666.41M
CurrentCapitalLeaseObligation13.92M19.55M11.94M10.28M
CurrentDebt2.61B2.10B1.35B656.13M
OtherCurrentBorrowings2.61B2.10B27.06M13.79M
LineOfCredit2.03B1.33B642.34M
PensionandOtherPostRetirementBenefitPlansCurrent31.76M37.52M28.82M25.97M
CurrentProvisions173.61M136.88M87.00M37.72M
PayablesAndAccruedExpenses1.66B1.05B1.51B2.10B
CurrentAccruedExpenses581.54M581.51M317.93M502.81M
InterestPayable18.64M10.09M2.61M305.00K
Payables1.08B469.25M1.19B1.60B
DuetoRelatedPartiesCurrent39.64M1.23M69.06M0.00
TotalTaxPayable144.37M99.88M92.98M59.55M
AccountsPayable893.91M368.14M1.03B1.54B
TotalAssets4.05B4.29B4.01B3.31B
TotalNonCurrentAssets1.76B2.02B1.86B1.70B
OtherNonCurrentAssets39.74M9.73M6.82M1.68M
NonCurrentDeferredAssets81.55M42.34M10.84M3.85M
NonCurrentDeferredTaxesAssets81.55M42.34M10.84M3.85M
InvestmentsAndAdvances0.002.41M2.33M0.00
InvestmentinFinancialAssets0.002.41M2.33M0.00
FinancialAssetsDesignatedasFairValueThroughProfitorLossTotal0.002.41M2.33M0.00
LongTermEquityInvestment0.00
InvestmentsinAssociatesatCost0.00
GoodwillAndOtherIntangibleAssets1.04B1.42B1.39B1.37B
OtherIntangibleAssets997.06M1.37B1.35B1.32B
Goodwill43.79M48.06M46.46M53.28M
NetPPE593.88M546.26M449.53M328.82M
AccumulatedDepreciation-375.22M-209.13M-129.39M-119.03M
GrossPPE969.10M755.39M578.92M447.85M
Leases122.61M78.19M34.95M
ConstructionInProgress166.20M251.64M160.28M27.67M
OtherProperties83.08M49.83M47.08M50.10M
MachineryFurnitureEquipment600.23M322.39M289.30M272.74M
BuildingsAndImprovements8.92M4.07M52.23M
Properties119.59M131.53M0.0097.34M
CurrentAssets2.30B2.27B2.15B1.61B
OtherCurrentAssets32.42M30.61M12.00M10.00M
AssetsHeldForSaleCurrent0.0056.00M0.00
RestrictedCash0.00
PrepaidAssets49.20M52.31M34.78M46.50M
Inventory1.08B927.69M630.15M545.74M
InventoriesAdjustmentsAllowances-111.69M-143.24M-36.02M-67.97M
FinishedGoods1.19B1.07B664.79M610.12M
WorkInProcess0.0032.00K1.39M3.59M
Receivables398.11M493.89M439.87M246.80M
OtherReceivables51.73M162.60M49.06M5.10M
DuefromRelatedPartiesCurrent2.71M9.58M0.00
TaxesReceivable153.43M133.96M70.15M69.26M
AccountsReceivable190.25M187.74M320.66M172.44M
CashCashEquivalentsAndShortTermInvestments739.24M768.26M973.88M757.93M
OtherShortTermInvestments0.001.26M
CashAndCashEquivalents739.24M768.26M973.88M756.68M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-1.35B-2.47B-1.79B-450.99M
RepaymentOfDebt-2.93B-2.57B-1.46B-420.86M
IssuanceOfDebt4.35B4.66B2.15B708.36M
IssuanceOfCapitalStock0.000.001.42B582.39M
CapitalExpenditure-357.00M-572.98M-706.54M-126.94M
EndCashPosition739.24M768.26M973.88M756.68M
BeginningCashPosition768.26M973.88M756.68M316.42M
EffectOfExchangeRateChanges-49.45M1.49M-66.97M-27.48M
ChangesInCash20.42M-207.10M284.17M467.73M
FinancingCashFlow1.42B2.10B2.07B918.72M
CashFlowFromContinuingFinancingActivities1.42B2.10B2.07B918.72M
NetOtherFinancingCharges23.66M-38.90M48.83M
NetCommonStockIssuance0.000.001.42B582.39M
CommonStockIssuance0.000.001.42B582.39M
NetIssuancePaymentsOfDebt1.42B2.08B695.09M287.50M
NetShortTermDebtIssuance3.41B3.27B2.15B708.36M
ShortTermDebtPayments-2.54B-1.43B-411.95M
ShortTermDebtIssuance3.41B3.27B2.15B708.36M
NetLongTermDebtIssuance-1.99B-1.19B-1.46B-420.86M
LongTermDebtPayments-2.93B-2.57B-1.46B-420.86M
LongTermDebtIssuance938.47M1.38B0.000.00
InvestingCashFlow-412.56M-417.62M-709.04M-126.94M
CashFlowFromContinuingInvestingActivities-412.56M-417.62M-709.04M-126.94M
NetOtherInvestingChanges-21.30M153.59M
NetInvestmentPurchaseAndSale0.000.00-2.50M0.00
PurchaseOfInvestment0.000.00-2.50M0.00
NetBusinessPurchaseAndSale-34.30M0.000.00
PurchaseOfBusiness-34.30M0.000.00
NetIntangiblesPurchaseAndSale-209.10M-435.58M-674.27M-102.24M
PurchaseOfIntangibles-209.10M-435.58M-674.27M-102.24M
NetPPEPurchaseAndSale-147.86M-135.62M-32.27M-24.70M
SaleOfPPE33.00K1.78M0.000.00
PurchaseOfPPE-147.89M-137.40M-32.27M-24.70M
OperatingCashFlow-991.21M-1.89B-1.08B-324.05M
CashFlowFromContinuingOperatingActivities-991.21M-1.89B-1.08B-324.05M
TaxesRefundPaid-8.16M-35.48M-19.56M0.00
InterestReceivedCFO21.12M32.28M8.55M1.40M
InterestPaidCFO-292.77M-220.15M-68.13M-14.14M
ChangeInWorkingCapital252.84M-926.67M-355.63M324.85M
ChangeInOtherWorkingCapital-41.70M77.42M23.66M59.07M
ChangeInOtherCurrentAssets0.00-120.63M
ChangeInPayablesAndAccruedExpense464.89M-488.84M21.27M489.20M
ChangeInPayable464.89M-488.84M21.27M489.20M
ChangeInAccountPayable464.89M-488.84M21.27M489.20M
ChangeInInventory-255.37M-358.39M-186.39M-283.78M
ChangeInReceivables85.02M-156.86M-214.16M60.35M
ChangesInAccountReceivables85.02M-156.86M-214.16M60.35M
OtherNonCashItems208.67M-245.52M-447.37M50.08M
UnrealizedGainLossOnInvestmentSecurities-2.50M-22.00M-35.09M0.00
ProvisionandWriteOffofAssets48.14M86.05M114.61M67.38M
AssetImpairmentCharge711.84M486.12M14.83M30.78M
DeferredTax-9.17M-9.45M29.76M-3.08M
DeferredIncomeTax-9.17M-9.45M29.76M-3.08M
DepreciationAmortizationDepletion55.72M115.44M140.81M211.58M
DepreciationAndAmortization55.72M115.44M140.81M211.58M
AmortizationCashFlow188.38M
AmortizationOfIntangibles188.38M
Depreciation50.79M
OperatingGainsLosses72.96M27.41M15.28M-21.70M
EarningsLossesFromEquityInvestments4.97M43.30M0.000.00
GainLossOnInvestmentSecurities63.11M
NetForeignCurrencyExchangeGainLoss62.39M-10.45M4.25M-21.70M
GainLossOnSaleOfPPE5.61M10.89M11.04M0.00
NetIncomeFromContinuingOperations-2.05B-1.18B-479.02M-969.81M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for PSNY
Date User Asset Broker Type Position Size Entry Price Patterns