Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker's shares hit new low
CEO Antonio Filosa reconfirmed financial guidance for 2026 on Wednesday, targeting mid-single-digit revenue growth and a low-single-digit operating margin. The automaker aims to achieve positive cash flow by 2027 and generate more than 3 billion euros in free cash flow by 2028. These commitments come as U.S. shares hit a record low, falling nearly 60% this year. Filosa is implementing a 70 billion dollar turnaround plan to counter margin pressure and sales declines through regional brand strengthening, new investments, and improved portfolio management.
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- โ CEO Antonio Filosa reconfirmed 2026 targets for mid-single-digit revenue growth and a low-single-digit operating margin.
- โ Stellantis aims for positive cash flow by 2027 and over 3 billion euros in free cash flow by 2028.
- โ The company is executing a 70 billion dollar turnaround plan to address margin pressure and sales declines.
- โ U.S. shares for the automaker have hit a record low and are down nearly 60% for the year.
What changed
CEO Antonio Filosa reconfirmed the 2026 financial guidance and the 70 billion dollar turnaround plan amid record stock lows.
Live updates
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Stellantis CEO Reaffirms 2026 Targets as Shares Hit Record Low
CEO Antonio Filosa reconfirmed financial guidance for 2026 on Wednesday, targeting mid-single-digit revenue growth and a low-single-digit operating margin. The automaker aims to achieve positive cash flow by 2027 and generate more than 3 billion euros in free cash flow by 2028. These commitments come as U.S. shares hit a record low, falling nearly 60% this year. Filosa is implementing a 70 billion dollar turnaround plan to counter margin pressure and sales declines through regional brand strengthening, new investments, and improved portfolio management.
Why it matters
Stellantis was formed in 2021 via a merger between PSA Group and Fiat Chrysler Automobiles. The company manages 14 brands across 30 countries of manufacturing. Current instability is driven by labor risks and quality issues.
What is confirmed
- CEO Antonio Filosa reconfirmed 2026 targets for mid-single-digit revenue growth and a low-single-digit operating margin.
- Stellantis aims for positive cash flow by 2027 and over 3 billion euros in free cash flow by 2028.
- The company is executing a 70 billion dollar turnaround plan to address margin pressure and sales declines.
- U.S. shares for the automaker have hit a record low and are down nearly 60% for the year.
Still unconfirmed
- The turnaround plan is gaining traction due to an overlooked reason.
What to watch next
- Resolution of the Canadian labor standoff
- Quarterly reports verifying progress toward 2027 positive cash flow
- Evidence of revenue growth reaching mid-single-digit targets
confidence 95%Sources used for this update (18)
- www.briefs.co โ Stellantis boss sticks with 2026 game plan as U.S. shares notch new low
- cnbc.com โ Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker's shares hit new low
- Detroit Free Press โ As Stellantis attempts rebound, CEO says he is confident in company
- 24/7 Wall St. โ Stellantis Falls 4% With Canadian Labor Standoff Unresolved; Ford and General Motors Dip
- StocksToTrade โ Stellantis Stock Slides As Downgrades And Labor Risks Mount
- The Globe and Mail โ Stellantis' Turnaround Continues to Gain Traction -- Here's 1 Overlooked Reason to Buy the Hype
- Yahoo Finance โ Stellantis CEO reaffirms 2026 guidance as stock hits all-time low
- Automotive News โ Stellantis tackles quality woes with nearly 50 war rooms, CEO says
- www.gulf-times.com โ tag - Gulf Times
- www.cnbc.com โ Stellantis CEO reconfirms 2026 guidance as shares hit new low
- finance.yahoo.com โ Stellantis CEO reaffirms 2026 guidance as stock hits all-time low
- pluang.com โ Stellantis CEO reconfirms 2026 growth targets d... | Pluang
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