- Polestar (PSNY, Financial) targets 30-35% annual sales growth, with positive EBITDA expected by 2025.
- The launch of new EV models, such as Polestar 5 and 7, is anticipated to drive premium market offerings.
- CO2 credit sales are projected to boost revenue in alignment with market shifts.
Polestar Automotive Holding UK PLC (PSNY) is embarking on an ambitious growth trajectory, with the company setting its sights on achieving a remarkable 30-35% annual sales increase by 2025. A key component of this strategy includes the introduction of new models such as the Polestar 5 and Polestar 7, aimed at broadening its reach in the premium electric vehicle sector. Additionally, Polestar is poised to capitalize on the increasing demand for CO2 credit sales, leveraging the ongoing market evolution towards sustainability.
Wall Street Analysts Forecast
According to projections by 7 industry analysts, Polestar Automotive Holding UK PLC (PSNY, Financial) has an average one-year price target of $1.45. This range includes a high estimate of $3.00 and a low of $0.40, suggesting a potential upside of 43.58% from the current trading price of $1.01. Investors can access more in-depth forecast information on the Polestar Automotive Holding UK PLC (PSNY) Forecast page.
The current consensus recommendation from 7 brokerage firms rates Polestar (PSNY, Financial) with an average recommendation of 3.6, categorizing it under the "Underperform" status. This rating scale employs a range from 1 to 5, where 1 is indicative of a Strong Buy, and 5 corresponds to a Sell.
