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The new chief executive of Stellantis faces a mountain of problems, and it’s too early for investors to go bottom fishing in ...
Stellantis N.V.'s FY 2024 results were disappointing, with a 17% revenue decline and a shocking €6 billion negative free cash flow, leading to a 5% share decline following the announcement ...
Investing.com -- Stellantis’ U.S. shares dipped nearly 5% in premarket trading Monday after Bank of America (NYSE: BAC) (BofA ...
The downgrade reflects BofA’s significantly lowered estimates for Stellantis, with the firm noting a lack of catalysts and anticipating weak results for both the first and second half of the year.
Stellantis owns popular car brands like Chrysler, Jeep, Fiat, Citroen, and Peugeot (OTC:PUGOY). Its stock has plunged more than 43% this year, making it the worst performer among European carmakers.
Stellantis stock plunged after the developments and was trading 17% lower for the week through noon Friday, according to data provided by S&P Global Market Intelligence.
UBS downgraded Stellantis' stock to "netural" and slashed its price target nearly in half. The Netherlands-based automaker faces greater headwinds from U.S. tariffs than Detroit-based "Big Three ...
More: Stellantis Halts Production At Plants In Canada And Mexico The downgrade doesn’t appear to have had much of an impact as Stellantis stock closed up 5.64% at $9.37 per share.
BofA Securities continues to value Stellantis based on a sum-of-the-parts valuation, updating peer multiples and rolling its valuation period from FY25/27 to FY27, resulting in the reduced price ...
Stellantis owns some of the biggest auto brands in the world, but its stock isn't the kind you'd want to buy now.
"Stock pickers may think that a stock like Stellantis needs to be bought at the darkest hour before dawn, but we are not sure if that moment has already come or maybe ever come again amid the ...
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