Where Will Polestar Automotive Stock Be in 1 Year? [Yahoo! Finance]
VinFast Auto Ltd. - Ordinary Shares (VFS)
Company Research
Source: Yahoo! Finance
Polestar Automotive (NASDAQ: PSNY) has disappointed a lot of investors since its debut in June 2022. The electric vehicle (EV) maker went public by merging with a special purpose acquisition company (SPAC), and it started trading at $12.98 a share. At the time, investors were impressed by its three core strengths: It was backed by Geely 's (OTC: GELYY) Volvo, it was already manufacturing thousands of vehicles every year, and it had a clear roadmap for the future. Unfortunately, its growth slowed down, it delayed its new vehicle launches, and it had to revise its statements to deal with some significant accounting errors. It even abruptly replaced its CEO and CFO last September. Image source: Polestar. All those problems caused Polestar's stock price to plunge to about $1. But with an enterprise value of $5 billion, it trades at less than 1 times its 2025 sales. Will it soar higher over the next 12 months, or will it drop even further below $1? What happened to Polestar over t
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- 11/21/25 - Miss
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- 12/15/25 - Form EFFECT
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- 12/10/25 - Form 6-K
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