Analyst Consensus ?
ConsensusHold16 ratings
Bullish743.8%
Neutral956.2%
Bearish00.0%
Stellantis N.V. · STLA · FY2026 Q2 · Calendar Q3 2026
Stellantis reports stronger Q2, maintains 2026 outlook
The current analysis supports a constructive but conditional view of Stellantis: improving revenue, margins, cost reductions and product launches are positive evidence, while modest North American operating leverage, pricing pressure, inventory and execution risks argue against treating the recovery as established.
Reported Before market openNYSEConsumer Cyclical
$13.44B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.14
Consensus $0.27
EPS surprise
-48.4%
Reported versus consensus
Reported revenue
$49.66B
Consensus $48.92B
Revenue surprise
+1.5%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-2.5%
Event window
SPY move
+1.7%
Same window
Abnormal move
-4.2%
Stock minus SPY
Volume
2.2×
Versus trailing sessions
Subsequent drift
-9.9%
Up to 20 sessions
STLASPY benchmark
Ask FN2 about STLA FY2026 Q2
Transcript, numbers and history already loaded
Why did STLA fall 2.5% after missing EPS estimates in FY2026 Q2?What changed in STLA's guidance and outlook in FY2026 Q2?Give me the bull and bear case for STLA after FY2026 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior quarter, the current analysis describes further improvement: industrial free cash flow turned positive at €1 billion, VCP industrial cost reductions reached €1.9 billion, and new-product and BEV launches remained key drivers. The outlook was maintained rather than raised.
Guidance delta
Management maintained its 2026 outlook and continued to target positive industrial free cash flow in 2027; no guidance increase was reported.
Key takeaways
- Management said revenue and margins improved year over year, with industrial free cash flow turning positive at €1 billion.
- The VCP program was credited with €1.9 billion of industrial cost reductions, with a €6 billion run-rate savings target by 2028.
- New launches, including the Ram 1500 TRX SRT, Jeep Recon BEV and Grand Wagoneer REV, remain central to the product plan.
- Regional market-share gains and European BEV growth were cited alongside continued pricing pressure and cost risks.
Management priorities
- Execute the remaining 2026 vehicle launches and expand the BEV and smart-car portfolios.
- Implement 40% of VCP initiatives by year-end and pursue further cost-saving projects.
- Build market share in North America and Europe while advancing the FaSTLAne 2030 plan.
- Improve cash generation toward the positive free cash flow target for 2027.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$4.64Current
$4Low
$11.08Average
$20.66High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 31, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Freedom Broker | Buy | Buy | Maintain | Oct 13, 2026 |
| UBS | Neutral | Buy | Downgrade | Aug 3, 2026 |
| TD Cowen | Hold | Hold | Maintain | Jul 13, 2026 |
| JP Morgan | Neutral | Overweight | Downgrade | Jul 9, 2026 |
| Freedom Capital Markets | Buy | Hold | Upgrade | Feb 10, 2026 |
| Piper Sandler | Overweight | Neutral | Upgrade | Jan 8, 2026 |
| B of A Securities | Neutral | Buy | Downgrade | Jul 7, 2025 |
| Jefferies | Buy | Hold | Upgrade | Jun 25, 2025 |
| RBC Capital | Sector Perform | Outperform | Downgrade | Oct 4, 2024 |
| Barclays | Equal Weight | Overweight | Downgrade | Oct 3, 2024 |
| Nomura | Buy | Neutral | Upgrade | Jul 31, 2024 |
| Deutsche Bank | Hold | Buy | Downgrade | Jul 29, 2024 |
| Morgan Stanley | Overweight | Overweight | Maintain | Apr 11, 2024 |
| Berenberg | Hold | Buy | Downgrade | Mar 26, 2024 |
| Bernstein | Market Perform | Outperform | Downgrade | Feb 28, 2024 |
| Goldman Sachs | Buy | Buy | Maintain | Feb 2, 2021 |
Named analyst price targets
Upside is calculated against the persisted current price $4.64. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Morgan Stanley | Analyst unavailable | $5.2 | $5.4 | +12.1% | Sep 14, 2026 |
| Evercore ISI | Analyst unavailable | $7.5 | $5.75 | +61.6% | Jul 31, 2026 |
| Piper Sandler | Alexander Potter | $4 | $5.69 | -13.8% | Jul 27, 2026 |
| Truist Financial | Analyst unavailable | $9 | $7.62 | +94.0% | May 22, 2026 |
| Loop Capital Markets | Dmitriy Pozdnyakov | $8 | $7.54 | +72.4% | Mar 2, 2026 |
| Morgan Stanley | Javier Martinez | $10.9 | $9.9 | +134.9% | Feb 3, 2026 |
| Bernstein | Stephen Reitman | $9.9 | $10.1 | +113.4% | Jan 14, 2026 |
| Piper Sandler | Alexander Potter | $15 | $10.78 | +223.3% | Jan 8, 2026 |
| Goldman Sachs | Analyst unavailable | $10 | $9.87 | +115.5% | Nov 23, 2025 |
| Berenberg Bank | Analyst unavailable | $11.2 | $10.04 | +141.4% | Sep 19, 2025 |
| Bernstein | Daniel Roeska | $12.1 | $13.2 | +160.8% | Dec 2, 2024 |
| RBC Capital | Tom Narayan | $13 | $13.32 | +180.2% | Oct 4, 2024 |
| Jefferies | Philippe Houchois | $16.44 | $15.57 | +254.3% | Aug 7, 2024 |
| Bernstein | Daniel Roeska | $23.5 | $19.77 | +406.5% | Jun 28, 2024 |
| Piper Sandler | Alexander Potter | $38 | $22.66 | +719.0% | May 17, 2024 |
| Piper Sandler | Alexander Potter | $39 | $27.5 | +740.5% | Mar 14, 2024 |
| Bernstein | Daniel Roeska | $26.4 | $18.94 | +469.0% | Nov 1, 2023 |
| Morgan Stanley | Harald Hendrikse | $20.66 | $19.61 | +345.3% | Jul 7, 2021 |
| Nomura | Anindya Das | $17.18 | $17.95 | +270.3% | May 11, 2021 |
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Start freeCompany context
Snapshot as of publicationStellantis N.V. engages in the designing, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, and mobility services worldwide. It provides luxury and premium vehicles; global sport utility vehicles; American and European brand vehicles, as well as parts and accessories. The company also provides contract services; retail and dealer financing services; and vehicle leasing and rental services, as well as engages in after-market parts and service businesses and data businesses.…
Historical context
All STLA earningsConsumer Cyclical peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| MGA Magna International Inc. | FY2026 Q3 · Calendar Q4 2026 | +15.8% | -1.4% | Magna expands margins as China production weighs on sales outlook |
| SBUX Starbucks Corporation | FY2026 Q4 · Calendar Q4 2026 | +11.3% | -1.7% | Starbucks posts resilient comps and sets FY27 margin targets |
| RIVN Rivian Automotive, Inc. | FY2026 Q3 · Calendar Q4 2026 | +25.4% | +6.2% | Rivian’s R2 scale-up lifted Q3 output and software momentum |
| AMZN Amazon.com, Inc. | FY2026 Q3 · Calendar Q4 2026 | -4.1% | -1.6% | Amazon pairs accelerating AWS AI demand with sustained capital intensity |
Latest beats and misses
Who reports nextBeat on EPS
- CVXFY2026 Q3 · October 30, 2026+8.4% EPS+1.8% move
- BTSGFY2026 Q3 · October 30, 2026+14.2% EPS+11.1% move
- EXCFY2026 Q3 · October 30, 2026+10.4% EPS+0.5% move
- ABBVFY2026 Q3 · October 30, 2026+2.4% EPS+1.4% move
- GDFY2026 Q3 · October 30, 2026+9.0% EPS+0.5% move
- MGAFY2026 Q3 · October 30, 2026+15.8% EPS-1.4% move
Missed on EPS
- LYBFY2026 Q3 · October 30, 2026-1.2% EPS+5.0% move
- CCJFY2026 Q3 · October 30, 2026-101.4% EPS-7.9% move
- VALEFY2026 Q3 · October 29, 2026-24.6% EPS+1.9% move
- DLR-PLFY2026 Q3 · October 29, 2026-8.4% EPS— move
- DLR-PKFY2026 Q3 · October 29, 2026-8.4% EPS— move
- AMZNFY2026 Q3 · October 29, 2026-4.1% EPS-1.6% move
Get the STLA recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-07-30T22:17:40.941584+00:00
- FN2 earnings calendar · 2026-09-04T01:23:15.205020+00:00
- Polygon adjusted daily market bars · 2026-10-31T11:30:42.388662+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-31T11:30:42.385634+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-31. For educational purposes only; not investment advice.