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Polestar Delays 2024 Annual Report Amid Positive Market Shifts

Story Highlights

Polestar Automotive Holding UK PLC Sponsored ADR Class C ( (PSNYW) ) just unveiled an update.

On April 30, 2025, Polestar Automotive Holding UK PLC announced a delay in filing its 2024 annual report, now expected by May 14, 2025, due to ongoing work. The company is experiencing positive momentum in transforming its commercial operations and shifting towards higher-margin models, which is anticipated to enhance gross margins through 2025. However, due to uncertainties related to international tariffs and regulations, Polestar has paused its financial guidance for 2025. Despite these challenges, Polestar continues to target a compound annual retail sales volume growth of 30-35% from 2025 to 2027.

Spark’s Take on PSNYW Stock

According to Spark, TipRanks’ AI Analyst, PSNYW is a Neutral.

The overall stock score of 42 reflects significant financial instability and risks, as indicated by negative equity, sustained losses, and cash flow challenges. While there is some technical momentum and promising strategic guidance from the earnings call, these are outweighed by the financial challenges. The lack of valuation metrics adds uncertainty, further affecting the score.

To see Spark’s full report on PSNYW stock, click here.

More about Polestar Automotive Holding UK PLC Sponsored ADR Class C

Polestar Automotive Holding UK PLC is a Swedish electric performance car brand known for its focus on uncompromised design and innovation, aiming to drive the shift towards a sustainable future. Headquartered in Gothenburg, Sweden, Polestar’s vehicles are available in 27 markets globally, including North America, Europe, and Asia Pacific. The company offers models such as Polestar 2, Polestar 3, and Polestar 4, with plans to introduce new models like Polestar 5, Polestar 6, and Polestar 7. Polestar is committed to sustainability, aiming to halve greenhouse gas emissions per vehicle by 2030 and achieve climate neutrality across its value chain by 2040.

YTD Price Performance: 10.0%

Average Trading Volume: 77,464

Technical Sentiment Signal: Buy

Current Market Cap: $2.28B

Learn more about PSNYW stock on TipRanks’ Stock Analysis page.

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