Stellantis stock breaks support as revenue grows 13 percent

Published on 09/22/2026 at 18:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stellantis stock closed at EUR 4.23 on September 21, 2026, after a 56.6 percent 2026 decline. Second quarter revenue rose 13 percent to EUR 43.5 billion.

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Stellantis stock closed at EUR 4.23 on the Euronext market on September 21, 2026, up 0.75 percent from the previous close, while the shares remained close to their 52-week low of EUR 4.16 recorded on September 18. The current market setup combines a sharp price decline with a measurable recovery in second quarter revenue.

Support falls below EUR 4.20

On September 22, 2026, Stellantis traded at EUR 4.25, up 0.56 percent in the quoted snapshot, according to Ideal Investisseur. The same report said the stock fell 0.98 percent to EUR 4.19 during the session and breached the EUR 4.20 support level, while the CAC 40 was almost unchanged.

The technical gap is visible in the moving averages: the 20-day average stood at EUR 4.54, the 50-day average at EUR 4.75 and the 200-day average at EUR 6.45 on September 22, 2026, according to Ideal Investisseur. The price was therefore EUR 2.20 below the 200-day average, a concrete measure of the distance between the market quotation and its longer-term trend.

Revenue improves, margins remain thin

Stellantis reported second quarter 2026 revenue of EUR 43.5 billion, up 13 percent year over year, while net income reached EUR 293 million and adjusted operating margin rose to 1.8 percent from 0.6 percent a year earlier, according to ClubAlfa Global on September 22, 2026. The margin comparison is important because the revenue increase has not yet translated into broad profitability.

North American revenue increased 32 percent in the second quarter of 2026, while Enlarged Europe recorded a negative adjusted operating margin of 0.6 percent, according to ClubAlfa Global. The regional contrast gives the recovery a clear fault line: North American growth is offset by weak European profitability.

Industrial free cash flow was positive at EUR 1.0 billion in the second quarter of 2026, but the first-half figure remained negative at EUR 921 million, while available industrial liquidity stood at EUR 44.1 billion at the end of June 2026, according to ClubAlfa Global. The positive quarterly cash flow therefore contrasts with a negative first-half balance.

Targets stay above the market price

CIC Market Solutions maintained a Hold rating and a EUR 5.50 target on September 22, 2026, while three analysts had lowered their targets during the preceding 10 days, according to Ideal Investisseur. The EUR 5.50 target was EUR 1.27 above the September 21 closing price of EUR 4.23.

Bernstein maintained a Sell rating and a EUR 4.00 target on September 22, 2026, according to Zonebourse. The spread between the EUR 4.00 bearish target and the EUR 5.50 Hold target shows how differently analysts assess the pace of the margin recovery.

Stellantis stock remains near yearly low

Stellantis stock closed at EUR 4.23 on Euronext on September 21, 2026, with a session range of EUR 4.22 to EUR 4.28 and volume of 3,365,064 shares. The 52-week range extended from EUR 4.16 on September 18, 2026, to EUR 10.50 on December 5, 2025, leaving the closing price EUR 6.27 below the yearly high.