STLA Stock Recent News

Stellantis' Chinese partner Leapmotor plans to roll out vehicles equipped with its smart-driving technologies in Europe next year, the company's senior vice president said on Wednesday.

Piper Sandler analyst Alexander Potter downgraded the shares of Stellantis NV STLA from Overweight to Neutral rating and lowered the price forecast from $23 to $13.

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Stellantis NV has seen its share price target cut by Citi analysts on lingering “risks” at the car maker. Vauxhall, Dodge and Fiat owner Stellantis last week unveiled a 70% slump in profit for 2024 to €5.5 billion ($5.7 billion), on a 17% drop in sales revenue to €156.9 billion.

Stellantis (STLA) shares fell 3.5% in premarket trading Wednesday after the struggling automaker's 2024 earnings disappointed investors, although the Jeep parent said it expects to return to revenue growth this year.

Stellantis, the multinational auto giant behind Dodge, Jeep, Fiat, Chrysler, and Peugeot, expects to return to growth in 2025 after a sharp decline in its 2024 earnings. The company posted a full-year net profit of €5.5 billion ($5.77 billion), a steep 70% drop from the €18.6 billion recorded in 2023.

Stellantis Delivers Full Year 2024 Results Consistent with Updated Financial Guidance; Expects Return to Profitable Growth and Positive Cash Generation in 2025

NEW YORK, NY / ACCESSWIRE / October 7, 2024 / If you suffered a loss on your Stellantis N.V. (NYSE:STLA) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/stellantis-lawsuit-submission-form?prid=107228&wire=1 or contact Joseph E.

NEW YORK, NY / ACCESSWIRE / October 7, 2024 / If you suffered a loss on your Stellantis N.V. (NYSE:STLA) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/stellantis-lawsuit-submission-form?prid=107124&wire=1 or contact Joseph E.

NEW YORK, NY / ACCESSWIRE / October 7, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Stellantis N.V. ("Stellantis" or the "Company") (NYSE:STLA).