Date | Price Target | Rating | Analyst |
---|---|---|---|
9/5/2024 | Outperform → Peer Perform | Wolfe Research | |
8/7/2024 | Buy → Hold | Jefferies | |
7/31/2024 | Neutral → Buy | Nomura | |
7/29/2024 | Buy → Hold | Deutsche Bank | |
6/28/2024 | Mkt Perform | Bernstein | |
3/26/2024 | Buy → Hold | Berenberg | |
3/15/2024 | $39.00 | Overweight | Piper Sandler |
3/13/2024 | Buy → Neutral | Nomura |
Stellantis NV (NYSE:STLA) stock plunged after the automaker reported dismal financial results for the first half of 2024 on Thursday. Net revenue was 85 billion euros ($91.53 billion), down 14% year over year, primarily due to the decline in volume and mix. First half net profit came in at 5.6 billion euros ($6.07 billion). That’s down 48% compared to the first half of 2023. Adjusted EPS declined by 35% Y/Y to 2.36 euros. Combined shipments declined by 12% year over year to 2.93 million units. Consolidated shipment decreased by 10% year over year to 2.87 million units. Adjusted operating income (AOI) declined by 40% year over year to 8.5 billion euros, primarily due to
U.S. stock futures were lower this morning, with the Nasdaq futures dipping around 0.5% on Thursday. Shares of Ford Motor Company (NYSE:F) fell sharply in today's pre-market trading following a second-quarter earnings miss. Ford reported second-quarter revenue of $47.8 billion, up 6% year-over-year. The revenue beat a Street consensus estimate of $44 billion according to data from Benzinga Pro. The company reported quarterly earnings per share of 47 cents, missing a Street consensus estimate of 68 cents. Ford Motor shares dipped 13% to $11.90 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. Edwards Lifescience
In the wake of second-quarter earnings announcements, shares of leading automakers such as Ford Motor Company (NYSE:F), Tesla Inc. (NASDAQ:TSLA), and General Motors Company (NYSE:GM) experienced a downturn on Thursday. What Happened: Tesla’s shares fell by 2.03%, Rivian Automotive Inc‘s (NASDAQ:RIVN) by 3.13%, and GM’s by 1.91%. Stellantis NV (NYSE:STLA) and Ford suffered the most significant declines at 6.84% and 13.46%, respectively, according to Benzinga Pro data. Despite a modest 2% increase in revenue, Tesla’s second-quarter earnings per share did not meet expectations. Investors expressed concerns about a lower-than-expected auto gross margin and free cash flow. CEO Elon Musk’s c
6-K - Stellantis N.V. (0001605484) (Filer)
6-K - Stellantis N.V. (0001605484) (Filer)
6-K - Stellantis N.V. (0001605484) (Filer)
SC 13D/A - Stellantis N.V. (0001605484) (Subject)
SC 13D/A - Stellantis N.V. (0001605484) (Subject)
SC 13D/A - Stellantis N.V. (0001605484) (Subject)
AUBURN HILLS, Mich. , Aug. 6, 2024 /PRNewswire/ -- Industry-exclusive program gives customers $10 per horsepower cash allowance toward the purchase of 2023 model-year Dodge Charger SXT, GT and R/T models, 2023 Challenger SXT, GT and R/T modelsDodge Power Dollars available on all 2024 Dodge Durango trims, including SRT 392 and SRT Hellcat modelsFor the first time ever, the 2024 Dodge Hornet is eligible for Dodge Power DollarsDodge Power Dollars starts Aug. 6, 2024For more information on Dodge brand, visit Dodge.comDodge//SRT is making performance even more attainable, expanding
Partnership across six iconic brands – Chrysler, Dodge, Jeep®, Ram, Fiat, and Alfa Romeo - will enable more customer purchasing options through tailored insurance products Stellantis Financial Services US, the captive automotive finance company of Stellantis in North America, today announced a new partnership with bolt, the insurtech with the world's largest technology-enabled insurance exchange, to support customers of Chrysler, Dodge, Jeep®, Ram, Fiat, and Alfa Romeo. bolt's technology will enable Stellantis customers to purchase auto insurance through Stellantis brand websites and mobile apps with a panel of insurers' products. Through this unique partnership, the automotive insuranc
Stellantis Announces Board Composition Change AMSTERDAM, February 15, 2024 – Stellantis N.V. announced today that the Company's Board of Directors intends to propose the appointment of Claudia Parzani as an independent non-executive director of Stellantis at the next Annual General Meeting of Shareholders ("AGM") in 2024. Claudia will be nominated as an independent non-executive director to succeed Kevin Scott, a director of Stellantis appointed on January 4, 2021 for a four-year term that commenced on January 17, 2021. Kevin's resignation for personal reasons will take effect at the end of the 2024 AGM. Claudia is a partner at a global law firm, where she has served in key strategic and
Wolfe Research downgraded Stellantis from Outperform to Peer Perform
Jefferies downgraded Stellantis from Buy to Hold
Nomura upgraded Stellantis from Neutral to Buy
Weekly Report (September 6-12, 2024) Third Tranche of Stellantis 2024 Share Buyback Program AMSTERDAM, September 13, 2024 - Stellantis N.V. ("Stellantis" or the "Company") announced today that pursuant to its Third Tranche of the 2024 Share Buyback Program announced on August 1, 2024, covering up to €1 billion to be executed in the open market during the period between August 1, 2024 and November 29, 2024, it has repurchased the following common shares in the period between September 6 up to and including September 12, 2024: DateNumber of Shares RepurchasedAverage Market Purchase Price in € per share Repurchased Volume in € (excluding fees)Venues06/09/2024599 900€14.2149€8 527 525CEUX06/09/
Stellantis Invests More than $406 Million in Three Michigan Facilities to Execute Multi-Energy Strategy Investments support Stellantis' multi-energy technology and manufacturing flexibility to leverage its competitive advantages across a wide variety of electrification adoption scenarios Accelerated retooling of Sterling Heights Assembly Plant enables upcoming launches of Ram 1500 in battery electric and range-extended electric variants alongside internal combustion engine modelWarren Truck Assembly Plant adds future electrified Jeep® Wagoneer models to internal combustion engine production portfolioDundee Engine Plant investment supports battery tray production and beam machining to comple
AUBURN HILLS, Mich., Sept. 9, 2024 /PRNewswire/ -- Dodge continues to celebrate two decades of HEMI®-powered Dodge Durango vehicles with new 2025 Dodge Durango SRT Hellcat Hammerhead special-edition modelDurango SRT Hellcat Hammerhead follows first two limited-production, special-edition Durango models: 2025 Dodge Durango SRT Hellcat Silver Bullet and Dodge Durango R/T 20th AnniversaryDurango SRT Hellcat Hammerhead, the second special-edition model of the Durango SRT Hellcat, takes its name from distinctive Hammerhead Grey leather interiorHammerhead Grey interior is balanced b
Update - Stellantis Will Post First Half 2024 Results at 7:30 a.m. CEST / 1:30 a.m. EDT on July 25 AMSTERDAM, July 10, 2024 - Stellantis N.V. announced today that its First Half 2024 Results and presentation material will be posted under the Investors section of the Company's corporate website (www.stellantis.com) at approximately 7:30 a.m. CEST / 1:30 a.m. EDT on Thursday, July 25, 2024. The live webcast and conference call of the First Half 2024 Results will begin at 2:00 p.m. CEST / 8:00 a.m. EDT on Thursday, July 25, 2024. Details for accessing the live webcast and conference call are already available under the Investors section of the Stellantis corporate website. For those unable t
Stellantis to Announce First Half 2024 Results on July 25 AMSTERDAM, July 1, 2024 - Stellantis N.V. announced today that its First Half 2024 Results will be released on Thursday, July 25, 2024. A live webcast and conference call of the First Half 2024 Results will begin at 2:00 p.m. CEST / 8:00 a.m. EDT on Thursday, July 25, 2024. The related press release and presentation materials are expected to be posted under the Investors section of the Company's corporate website (www.stellantis.com) at approximately 8:00 a.m. CEST / 2:00 a.m. EDT on Thursday, July 25, 2024. Details for accessing the live webcast and conference call are already available under the Investors section of the Stellan
Stellantis 2024 Investor Day Highlights: Powerful Differentiators, Unique Flexibility and Exceptional Returns Stellantis is a highly differentiated OEM lending it specific advantages against a dynamic and disruptive industry backdropStandout, multi-energy technology and manufacturing flexibility enable it to leverage its competitive advantages across a wide variety of electrification adoption scenariosStellantis is addressing 2024 headwinds thoughtfully and will continue to deliver industry-leading profitability, affirming its 2024 financial guidance Company is committed to powerful capital returns, thanks to its strong balance sheet and profitable business model AUBURN HILLS, MICHIGAN, U