Polestar (PSNY)
Builds premium electric vehicles through an asset-light Volvo and Geely-backed operating model.
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Builds and sells the Polestar 2, 3, 4, and 5 premium electric vehicles through an expanding retail network. Its asset-light model draws on Volvo and Geely engineering and manufacturing capabilities.
Builds and sells the Polestar 2, 3, 4, and 5 premium electric vehicles through an expanding retail network. Its asset-light model uses Volvo and Geely engineering and manufacturing capabilities rather than a full legacy manufacturing base.
Production spans North America and Asia, while the Polestar 7 is planned for Europe. Europe accounts for most retail sales volume after U.S. authorities did not authorize sales of future model-year vehicles under the Connected Vehicle Rule. Existing U.S. Polestar 3 and 4 stock remains available, and the business depends on retail-network expansion and its Volvo/Geely relationships.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Feb 19, 2026 | Cantor Fitzgerald | Downgrade | ||
| Jan 23, 2026 | Barclays | Reiterate | Rating: —Target: $3 | Target: $15 |
| Jan 17, 2025 | Cantor Fitzgerald | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $887.6M · Total debt $6.02B · Total assets $3.52B · Shareholders' equity −$4.73B
- Revenue
- $680.0M
- Operating income
- −$314.4M
- Net income
- −$421.2M
No dividends on record.
| Institutions | 54.65% | 38.48M shares | |
|---|---|---|---|
| 85 holders · as of Jun 30, 2026 | |||
| Insiders | 0.11% | 75.2K shares | |
| 13 holders · as of Jul 6, 2026 | |||
| Other | 45.24% | 31.86M shares | |
| remainder | |||
70.42M company shares as of Sep 16, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Sumitomo Mitsui Financial Group, Inc.Institution | 14.68% | 10.34M | as of Jun 30, 2026 |
Banco Bilbao Vizcaya Argentaria, S.A.Institution | 11.01% | 7.76M | as of Jun 30, 2026 |
NatixisInstitution | 10.85% | 7.64M | as of Jun 30, 2026 |
Credit Agricole S AInstitution | 6.24% | 4.40M | as of Jun 30, 2026 |
MUFG Bank, Ltd.Institution | 6.24% | 4.40M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 2, 2026 | Cynthia S. Dubin | director | +1,275 | $20.72 |
| Jun 30, 2026 | Christine Marie Gorjanc | director | +978 | $18.83 |
| Jun 30, 2026 | Francesca Paola Leandra Gamboni | director | +1,709 | $17.56 |
| Jun 30, 2026 | Quan (Joe) Zhang | director | +1,700 | $17.70 |
| Jun 29, 2026 | Karl-Thomas Neumann | director | +2,009 | $16.93 |
