The news comes as S&P 500 futures are gaining about 0.4%, indicating a mixed market tone overall. First-Half Retail SalesThe record sales figure of 30,423 cars (+0.4%) sold in the first half suggests strong demand despite regulatory and market challenges. Meanwhile, in the second quarter, retail sales declined 4% Y/Y to 17,296.Polestar CEO Michael Lohscheller highlighted the achievement of record sales, emphasizing growth in key markets like the UK, Germany, and South Korea. The company is also expanding its retail network, now boasting 235 sites, a 39% increase from last year, and is preparing for new model launches, including the Polestar 5 and Polestar 4 SUV.Polestar Earnings Date And Analyst ForecastsPolestar is slated to provide its next financial update on September 3, 2026 (estimated).
EPS Estimate: 168 cents (Up from 1680 cents YoY)
Revenue Estimate: $839.80 million (Down from $1.42 billion YoY)
Analyst Consensus & Recent Actions: The stock carries a Sell rating with an average price target of $15.00. Recent analyst moves include:
Cantor Fitzgerald: Downgraded to Underweight (Feb. 19)
