Stellantis CEO Reconfirms 2026 Financial Guidance Amid Stock Slump
Stellantis CEO Antonio Filosa reconfirmed 2026 financial targets and a $70 billion turnaround plan as company shares hit an all-time low.
CEO Antonio Filosa reconfirmed the 2026 financial guidance and long-term cash-flow targets for Stellantis during an Automotive News event in Detroit on Wednesday. The automaker aims for a mid-single-digit percentage increase in net revenue and a low-single-digit adjusted operating margin by 2026. Filosa stated the company intends to be cash flow positive by 2027 and generate more than 3 billion euros of free cash flow by 2028.
These commitments follow a period of severe financial volatility, with Stellantis shares hitting an all-time low of $4.43 on Tuesday, representing a nearly 60% loss this year. The company has struggled with margin dilution and sales declines, particularly within the North American market.
To address these challenges, Filosa is leading a $70 billion turnaround plan. The strategy emphasizes optimized manufacturing, new investments, and sharper portfolio management for regional brands such as Ram and Jeep. The company intends to execute these changes without reducing its current roster of 14 automotive brands.
