Polestar is an auto manufacturers business based in the US. Polestar stocks (PSNY) are listed on the NASDAQ, and all prices are listed in US Dollars.
Polestar employs 2,547 staff and has a trailing 12-month revenue of around $2.5 billion.Keep reading to see up-to-date Polestar stock price and performance data, along with a step-by-step guide for how to buy Polestar stock in Canada.
Polestar (PSNY) stock summary
| Company stock name | Polestar Automotive Holding UK PLC Class A ADS |
| Stock ticker symbol | PSNY |
| Exchange | NASDAQ |
| Open | $0.56 |
| High | $0.57 |
| Low | $0.54 |
| Close | $0.57 |
| Adjusted closing | $0.57 |
| Volume | 4,099,556 |
| 52-week stock price range | $0.50 – $1.42 | Where to buy Polestar stock | Buy on CIBC Investor's Edge |
Can I buy Polestar stock in Canada?
Yes, you can buy Polestar stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the NASDAQ exchange. Platforms like Interactive Brokers will allow you to directly buy Polestar stock from within Canada.How to buy Polestar stock
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Choose a stock trading platform.
Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.) -
Open a trading account.
To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process. -
Fund your account.
Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees. -
Search for the stock—PSNY.
Look up the stock using its name (Polestar Automotive Holding UK PLC Class A ADS) or ticker symbol (PSNY). Review its current price, recent performance and other relevant data before placing your order. -
Complete your purchase of Polestar stock.
Choose the number of PSNY stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.
Our top picks for where to buy Polestar Automotive Holding UK PLC Class A ADS stock
Polestar stock chart (NASDAQ: PSNY)
This chart tracks Polestar stock price performance over time.Polestar stock price
Polestar's stock price as of 7 days ago was $0.57. We'll continue to update this guide as more Polestar stock price information becomes available.
Is Polestar stock a buy or sell right now?
The technical analysis gauge above shows real-time buy or sell ratings and analysis for Polestar stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.
Can I buy Polestar stock on the TSX?
No, you cannot buy Polestar stock on the TSX because Polestar stock is not listed on the TSX. Instead, Polestar stock is listed on the NASDAQ under the symbol "PSNY."
That said, if you're wondering how to invest in Polestar stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to NASDAQ, like Interactive Brokers.
Polestar stock dividends
Polestar is not expected to pay a dividend over the next 12 months. We'll continue to monitor Polestar's stock information and update this guide if that changes.
Polestar stock performance metrics
Here are some common key metrics for Polestar stock that analysts often use to help gauge a stock's value—P/E ratio, PEG ratio and EBITDA.
How volatile is Polestar stock?
Over the last 12 months, Polestar's stocks price has ranged from $0.50 to as high as $1.42. Polestar's beta measurement of stock volatility is 1.86. For comparison, the market () average beta is 1. This would suggest that Polestar's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of Polestar's beta stock volatility rating.
Polestar Automotive Holding UK PLC Class A ADS company and revenue performance
| Market Capitalization | $1.3 billion |
|---|---|
| Gross profit (TTM) | $-832,481,024 |
| Profit margin | -105.95% |
| Revenue (TTM) | $2.5 billion |
| Return on assets (TTM) | -28.00% |
| Return on equity (TTM) | -397.73% |
| Earnings per share (TTM) | -$1.27 |
| 50-day moving stock price average | $0.90 |
| 200-day moving stock price average | $1.04 |
Polestar company profile
Polestar Automotive Holding UK PLC engages in the research and development, marketing, commercialization, and sale of battery electric vehicles and related technology solutions. The company offers battery electric vehicles, including Polestar 2 (PS2), a fast-back sedan; Polestar 3 (PS3), an aero sport-utility vehicle; Polestar 4 (PS4), a sport utility vehicle; Polestar 5 (PS5), a sport grand-touring sedan; and Polestar 6 (PS6), a roadster.
It also provides vehicle accessories; software and performance engineered kits; and carbon credits, as well as vehicle leasing. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
Compare trading platforms to buy Polestar stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Do I have to pay tax on gains from Polestar stock sales in Canada?
Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Polestar stock. The CRA taxes investment income from stocks in Canada based on three main factors:
- Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
- Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
- Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).
You can learn more about the tax implications of selling stocks in Canada here.
Frequently asked questions about Polestar stock
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