UPDATE: Shares of Polestar Automotive Holding UK PLC (NASDAQ: PSNY) surged over 20% today, closing at $23.28 following an impressive announcement of record retail sales for 2025. The electric vehicle manufacturer unveiled its most ambitious product expansion yet, planning four new models by 2028. This rally marks one of the stock’s strongest single-day gains in recent months, driven by elevated trading volume of over 686,000 shares—significantly above the average.
The company reported full-year 2025 retail sales totaling approximately 60,119 vehicles, reflecting a remarkable 34% increase from 2024. Fourth-quarter deliveries climbed to an estimated 15,608 units, up 27% year-on-year, marking Polestar’s best performance to date in a challenging EV market.
CEO Michael Lohscheller stated that 2025 was a year of “continuous operational progress and delivery,” highlighting the company’s expansion of its retail network from 140 to 210 points globally. Europe was a driving force behind this growth, with sales increasing by more than 50%, showcasing Polestar’s strength in premium markets.
In conjunction with the sales update, Polestar announced its “largest model offensive in its history,” committing to four new vehicles over the next three years, including:
– The Polestar 5, a four-door Grand Tourer, will begin deliveries in summer 2026.
– A new variant of the popular Polestar 4, targeting a broader customer base, set for Q4 2026.
– A complete successor to the iconic Polestar 2 sedan, scheduled for launch in early 2027.
– The Polestar 7, a compact premium SUV entering the high-demand segment, anticipated for 2028.
Looking ahead, Polestar expects low double-digit retail volume growth in 2026 while continuing its retail network expansion by around 30%. The focus will remain on quality sales through the retail channel. Financial guidance will follow full-year 2025 results, expected in late February or early March 2026.
These developments have shifted investor sentiment positively after earlier concerns about cash burn and competitive pressures from Tesla and other legacy automakers. Polestar has relied on financial support from its parent company, Geely, while prioritizing refreshed models to conserve cash and boost European sales.
Analysts have shown mixed reactions; some praised the new product roadmap targeting high-value segments, while others pointed out execution risks in a volatile market. Despite a downgrade to Underweight from Cantor Fitzgerald due to a “disappointing” outlook, several analysts maintain neutral or buy ratings, with consensus targets around $20-$25 suggesting potential upside.
Following the rally, Polestar’s market capitalization now ranges between $2.1 billion and $2.7 billion, with a 52-week trading range from approximately $11.75 to $42.60. The stock’s volatility reflects broader challenges in the EV sector, including supply chain issues and shifting consumer demand.
Polestar continues to emphasize its premium positioning, leveraging advanced technology from its partnerships with Geely and Volvo, alongside a commitment to sustainability. Additionally, the company announced a transition to PricewaterhouseCoopers as its independent auditors, effective after approval at the 2026 annual general meeting.
As Polestar gears up for its biggest expansion phase, these sales milestones and strategic plans have injected renewed momentum into its stock. Investors are keenly observing upcoming full-year results, delivery updates, and progress on new models as the company aims for sustained profitability and market share growth in a competitive EV landscape.
