Stellantis NV
STLAM: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| t@ | LOCK|$mS | LOCK|>^Hf@Hm |
Stellantis: BEV Strategy Reset Impairments Reflect Prior Missteps; Shares Undervalued
Stellantis announced EUR 22.2 billion in charges related to a reset of its battery electric vehicle strategy to align with weaker-than-expected demand, including EUR 6.5 billion in cash outflows over the next four years. The 2026 dividend will be suspended. Shares were down 25% as of writing.
