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STLA

Stellantis N.V.

https://www.stellantis.com

Industry

Auto - Manufacturers

Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, and production systems worldwide. It provides luxury, premium, and mainstream passenger vehicles; pickup trucks, sport utility vehicles, and commercial vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services. The company offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, DS, Dodge, Fiat, Fiat Professional, Jeep, Maserati, Ram, Opel, Lancia, Vauxhall, Peugeot, Teksid, and Comau brand names. It sells its products directly, as well as through distributors and dealers. Stellantis N.V. was founded in 1899 and is headquartered in Hoofddorp, the Netherlands.

Open

14.19

Mkt cap

40B

Volume

6.3M

High

14.22

P/E Ratio

2.96

52-wk high

29.51

Low

13.96

Div yield

0.12

52-wk low

12.74

Bernstein analyst Daniel Roeska initiates coverage on Stellantis (NYSE:STLA) with a Market Perform rating and sets a price target of $23.5.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 9:55 am

J.D. Power projects June new-vehicle sales to be between 1.27M and 1.34M units. Dealer software outages disrupted sales, but a rapid recovery is expected in July.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 1:26 pm

CDK Global has informed car dealers that the outage of its Dealer Management System (DMS) due to a cyberattack will not be resolved before June 30. This prolonged outage is causing significant disruptions for car dealers who rely on CDK's DMS for their operations.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 5:47 pm

Stellantis NV (NYSE:STLA) has warned the UK government that it may cease vehicle production in the country if the government does not relax its electric vehicle (EV) sales targets. Stellantis has invested £100 million to convert its Ellesmere Port factory into an electric-only plant but finds the current EV sales targets 'unsustainable.'

Portfolio Pulse from Rounak Jain

June 25, 2024 | 12:12 pm

Major automakers are targeting lithium supply from American Battery Technology Co. (ABAT) as the company develops one of the largest lithium deposits in the U.S. at its Tonopah Flats project. The company is also involved in battery recycling and has partnerships with BASF and the U.S. Advanced Battery Consortium. Automakers like Ford, GM, and Tesla are seeking lithium sources to meet the growing demand for electric vehicle batteries.

Portfolio Pulse from Matt Whittaker

June 24, 2024 | 2:18 pm

Fisker Inc (OTCPK: FSRN) has filed for bankruptcy due to significant cash flow and manufacturing problems, leading to questions about the viability of the EV market. The bankruptcy follows a series of setbacks, including canceled pre-orders and a recall of its Ocean SUV. The news has implications for other EV manufacturers like Tesla, Rivian, and Lucid, as well as traditional automakers like Ford, GM, and Stellantis, who are also investing heavily in EVs.

Portfolio Pulse from Hayden Buckfire

June 18, 2024 | 9:26 pm

Stellantis NV (NYSE:STLA) is recalling over 1 million vehicles in the U.S. due to an issue with the rearview camera image display. The recall affects various models including Dodge Durango, Chrysler Pacifica, and Jeep Grand Cherokee L. Dealers will update the radio software free of charge.

Portfolio Pulse from Anan Ashraf

June 18, 2024 | 11:17 am

The article discusses recent innovations in the EV sector, highlighting Tesla's focus on affordable vehicles, Intel's new SoC solution to lower EV costs and boost performance, and Worksport's upcoming solar-powered accessories for pickups. Worksport was also awarded Innovator of the Year.

Portfolio Pulse from Upwallstreet

June 14, 2024 | 6:37 pm

Stellantis shares are trading lower after the company reiterated its FY24 guidance and announced that it has front-loaded R&D investments to 2024.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:20 pm

Stellantis NV (NYSE:STLA) shares are trading lower premarket on Friday due to new EU tariffs on electric vehicles. The company is considering relocating some Leapmotor model production from China to Europe to mitigate increased import costs. The EU has imposed additional tariffs on several automakers, including BYD Company and SAIC Motor Corp, following a probe into state subsidies. Stellantis confirmed its 2024 guidance of double-digit AOI margin and a capital return plan of at least 7.7 billion euros.

Portfolio Pulse from Shivani Kumaresan

June 14, 2024 | 1:38 pm

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