Polestar Automotive Holding is set to report earnings as regulatory restrictions in the United States threaten its sales footprint in the world’s largest auto market. The Swedish electric-vehicle manufacturer faces a de facto ban under the U.S. Connected Vehicle Rule, which has effectively barred its vehicles from American showrooms.
The company’s financial performance remains under pressure, with analysts estimating a quarterly loss of $1.81 per share on revenue of $878.1 million. These figures compare with a loss of $3.09 per share and revenue of $633 million in the prior quarter, reflecting a 41% narrowing of losses and a 39% sequential increase in sales. Revenue in the first quarter missed estimates by 19%.
Wall Street maintains a cautious stance on Polestar, with a consensus Sell rating and a price target of $17.50, implying a 40% upside from the current trading level. Earnings-per-share estimates have declined nearly 30% over the past two months, though they have stabilized in recent days. The company’s market valuation stands at $1.8 billion, with shares trading near $12.54—a decline of 4.27% in recent sessions and down sharply from a 52-week high of $42.60.
Polestar’s gross profit margin remains negative at -1.11%, despite annual revenue growth of 50% over the past year. The company’s retail sales reached a record 30,423 vehicles in the first half of 2026, with 17,296 deliveries in the second quarter. A new Polestar 4 SUV variant is scheduled to launch on September 2 as part of the company’s largest model offensive to date.
Regulatory and legal challenges continue to weigh on Polestar’s U.S. prospects. A New Jersey dealer has filed a $25 million lawsuit against the company over its market exit, adding to the operational and financial pressures facing the automaker.
