# Polestar Automotive Holding UK (PSNY.US)

Canonical: https://gigainvestors.com/s/PSNY

Analysis as of: 2026-10-16T07:31:22.014Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $4.29 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Down 82% since Feb 2026 · "Polestar banned from US market under rule targeting China-linked connected vehicles" (finance.yahoo.com, Jun 2026)

Story as of 2026-10-16T09:59:27.114Z; price observation 2026-10-15.

- 2025-08-31: Polestar Auto (PSNY) Surges 25.7% as Retail Sales Hint at Strong Q2 ([finance.yahoo.com](https://finance.yahoo.com/news/polestar-auto-psny-surges-25-183120090.html))

- 2025-09-03: EV maker Polestar takes tariff hit, reports wider quarterly loss ([uk.finance.yahoo.com](https://uk.finance.yahoo.com/news/ev-maker-polestar-posts-wider-110304989.html))

- 2026-02-25: Polestar Automotive Unveils “Biggest Product Offensive Ever” as 2025 Sales Jump 34% ([finance.yahoo.com](https://finance.yahoo.com/news/polestar-automotive-unveils-biggest-product-000659605.html))

- 2026-05-14: Polestar CEO says high fuel prices drive EV demand ([finance.yahoo.com](https://finance.yahoo.com/sectors/energy/articles/polestar-ceo-says-high-fuel-121436929.html))

- 2026-06-26: Polestar Faces $250 Million Revenue Risk From US Vehicle Ban ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/polestar-faces-250-million-revenue-175705958.html))

- 2026-09-14: Polestar Automotive Holding UK (PSNY) Cuts 2026 Volume View As Valuation Debate Heats Up ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/polestar-automotive-holding-uk-psny-141117201.html))

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in auto manufacturers; annual sales are USD 3.1 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1884082/000188408226000006/psny-20251231.htm (filed 2026-04-17); FY2025: revenue 3058109000; grossProfit -1083910000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); PSNY.US: Polestar Automotive Holding UK PLC engages in the research and development, marketing, commercialization, and sale of battery electric vehicles in Europe, North America, the Asia-Pacific, the Middle East, and internationally. The company offers battery electric vehicles, including Polestar 2 (PS2); Polestar 3 (PS3); Polestar 4 (PS4); Polestar 5 (PS5); and Polestar 6 (PS6), a roadster. It also provides licenses and royalties; software and performance engineered kits; and carbon credits. In addition, the company is involved in vehicle leasing activity. Polestar Automotive Holding UK PLC was founded in 2017 and is headquartered in Gothenburg, Sweden.

### Where the cash goes

Paid no dividends in 6 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-17); Dividend observations: [[2020,0],[2021,0],[2022,0],[2023,0],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 72.7% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); PSNY.US SharesStats.PercentInsiders = 72.724 percentage points; cache date 2026-10-15.

### What the price says

The price is 0.1 times annual sales; cash earnings are negative.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-17); Closing price 4.29 USD; reporting-to-trading FX 1; FY2025 annual sales per share 33.08194225100487; price multiple 0.1296779967587813. FY2025 cash earnings/share -27.68908358460947. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2021-05: $9.70 per share

- 2021-06: $9.77 per share

- 2021-07: $9.90 per share

- 2021-08: $9.83 per share

- 2021-09: $10.22 per share

- 2021-10: $10.72 per share

- 2021-11: $13.46 per share

- 2021-12: $11.70 per share

- 2022-01: $10.39 per share

- 2022-02: $11.06 per share

- 2022-03: $11.37 per share

- 2022-04: $10.69 per share

- 2022-05: $10.29 per share

- 2022-06: $8.81 per share

- 2022-07: $8.89 per share

- 2022-08: $7.82 per share

- 2022-09: $5.06 per share

- 2022-10: $4.46 per share

- 2022-11: $7.44 per share

- 2022-12: $5.31 per share

- 2023-01: $5.60 per share

- 2023-02: $5.32 per share

- 2023-03: $3.79 per share

- 2023-04: $3.83 per share

- 2023-05: $3.41 per share

- 2023-06: $3.82 per share

- 2023-07: $4.48 per share

- 2023-08: $3.33 per share

- 2023-09: $2.64 per share

- 2023-10: $2.01 per share

- 2023-11: $2.21 per share

- 2023-12: $2.26 per share

- 2024-01: $2.17 per share

- 2024-02: $2.08 per share

- 2024-03: $1.54 per share

- 2024-04: $1.39 per share

- 2024-05: $0.78 per share

- 2024-06: $0.79 per share

- 2024-07: $0.74 per share

- 2024-08: $1.22 per share

- 2024-09: $1.72 per share

- 2024-10: $1.11 per share

- 2024-11: $1.14 per share

- 2024-12: $1.05 per share

- 2025-01: $1.02 per share

- 2025-02: $1.09 per share

- 2025-03: $1.05 per share

- 2025-04: $1.04 per share

- 2025-05: $1.10 per share

- 2025-06: $1.07 per share

- 2025-07: $1.07 per share

- 2025-08: $1.37 per share

- 2025-09: $0.94 per share

- 2025-10: $0.85 per share

- 2025-11: $0.56 per share

- 2025-12: $21.37 per share

- 2026-01: $15.13 per share

- 2026-02: $23.28 per share

- 2026-03: $18.42 per share

- 2026-04: $18.49 per share

- 2026-05: $23.08 per share

- 2026-06: $18.78 per share

- 2026-07: $14.40 per share

- 2026-08: $12.59 per share

- 2026-09: $6.54 per share

- 2026-10: $4.29 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 20-F filing](https://www.sec.gov/Archives/edgar/data/1884082/000188408226000006/psny-20251231.htm); period 2025-12-31, filed 2026-04-17.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.