Psny stock price forecast institutional sentiment in the "PSNY

Institutional sentiment in the "PSNY stock price forecast" is tepid but improving, with ETF allocations to EV companies rising after clean energy subsidies gain political traction. Overseas Shipholding Group transports crude oil and other petroleum-related products in the United States Flag Trade. That means the company’s revenue and earnings are subject to the whims of the oil industry. In 2022, the company’s top and bottom lines began to show strong improvement as global oil demand began to return to pre-pandemic levels. That allowed the company to buy back nearly $30 million of its shares in the last quarter. Polestar plans to launch its next vehicle, the Polestar 5 grand tourer, in the second half of 2025. For the full year, it plans to enter France and nearly triple its annual deliveries to 155,000 vehicles. Based on those bold claims -- which we should certainly take with a grain of salt -- analysts expect its revenue to jump 166% to $5.3 billion. Current Wall Street consensus for "PSNY stock price forecast" is neutral to bullish, with 12-month targets clustered around $2.