---
title: "What's Going On With Polestar Shares On Monday?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293233110.md"
description: "Polestar shares declined in premarket trading despite reporting record first-half retail sales of 30,423 vehicles. The drop reflects investor concerns over a 4% year-over-year decline in Q2 deliveries and weak technical momentum. Analysts maintain a 'Sell' rating with an average price target of $15.00, citing bearish trends and fading upward pressure as the company prepares for its next earnings update on September 3, 2026."
datetime: "2026-07-20T15:00:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293233110.md)
  - [en](https://longbridge.com/en/news/293233110.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293233110.md)
generator: "portal-rs"
---

# What's Going On With Polestar Shares On Monday?

**Polestar** (NASDAQ:PSNY) (NASDAQ:PSNYW) shares are tanking as the company reports record retail sales for the first half of 2026.

The news comes as S&P 500 futures are gaining about 0.4%, indicating a mixed market tone overall. 

## First-Half Retail Sales

The 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.

 **Read Also: Polestar's Electrifying Surge: 13,126 Cars Sold, Best First Quarter Ever** 

## Polestar Earnings Date And Analyst Forecasts

Polestar 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)
-   **Barclays**: Underweight (Raises Target to $15.00) (Jan. 23)
-   **Cantor Fitzgerald**: Neutral (Sept. 4, 2025)

## PSNY Technical Analysis: Trend, Momentum And Key Levels

The stock has been on a downward trajectory, with a 12-month performance showing a decline of 53.58%. Currently, Polestar is trading significantly below its moving averages, with the 20-day simple moving average (SMA) at $18.37, indicating bearish momentum. The MACD is below its signal line, suggesting fading momentum, which aligns with the stock’s recent price action.

-   **Key Resistance**: $19.84 — This level corresponds to the 50-day SMA, which has historically acted as a barrier for upward price movement.
-   **Key Support**: $11.75 — The 52-week low, which could serve as a critical floor for the stock if bearish sentiment continues.

## How Polestar Ranks On Momentum And Market Signals

Below is the Benzinga Edge scorecard for Polestar, highlighting its strengths and weaknesses compared to the broader market:

-   **Momentum**: Weak (Score: 4.99) — The stock is showing very weak performance indicators.

**The Verdict:** Polestar’s Benzinga Edge signal reveals a weak profile, indicating challenges in maintaining upward momentum in a competitive market. Investors should monitor upcoming earnings and sales trends closely to gauge future performance.

## PSNY Stock Price Action In Premarket Trading

**PSNY Stock Price Activity:** Polestar shares were down 1.61% at $14.66 during premarket trading on Monday, according to Benzinga Pro data. At last check, PSNYW is down 22%, trading at around $4.10.

*Photo via Shutterstock*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**