Polestar 9-month revenue up 49%, plans reverse stock split

Polestar Automotive Holding Uk

12/11/2025 12:09

Overview

Polestar's 9-month revenue grows 49% to $2.17 bln, driven by higher volumes and model mix

Company reports negative gross margin of 34.5% due to non-cash impairment expense

Polestar achieves $123 mln in carbon credits sales, surpassing targets

Company plans reverse stock split to keep Nasdaq listing

Outlook

Company did not provide specific guidance for future quarters

Result Drivers

MODEL MIX - Revenue growth supported by increased sales of higher-priced models Polestar 3 and Polestar 4

CARBON CREDITS - Achieved target of three-digit million-dollar carbon credits sales ahead of plan at USD 123 million

COST REDUCTION - Continuing reduction of materials costs and fixed costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Gross Margin
-6.10%


Analyst Coverage

The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the auto & truck manufacturers peer group is "buy."

Wall Street's median 12-month price target for Polestar Automotive Holding UK PLC is $1.00, about 20.4% above its November 11 closing price of $0.80

Press Release: ID:nBw1WlwNNa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)