Stellantis Shares Drop to €6.27 Ahead of May 21 Investor Day
The automaker's stock falls 2.15% to €6.27 mid-morning, within a CAC 40 down by 0.53%. The stock is among the biggest losers in the Paris index as Brent rebounds to $106.46 amid Iranian tensions. The Investor Day on May 21 is drawing near.
Stock Falls Below the 50-Day Moving Average Amid Oil-Driven Market Downturn
Stellantis shares drop 2.15% to €6.27, ranking 39th out of 40 on the CAC 40. Only Société Générale performs worse with a decline of 2.95%. The stock falls below its 50-day moving average (€6.40) and shows a 7.5% gap from its 20-day moving average at €6.78. The sectoral context weighs heavily. Brent crude rises 1.80% to $106.46, fueled by the fragility of the ceasefire between Washington and Tehran and concerns over the Strait of Hormuz. The automotive sector, sensitive to energy costs, absorbs the impact. Renault falls by 1.50% at the same time. The RSI at 45 remains neutral. The price moves in the lower part of the Bollinger Bands (19%), close to the lower boundary at €5.96. The support at €5.88 is the visible downside level.
Investor Day on May 21 in Focus After a Mixed Q1
The next key event is scheduled for May 21 with the Investor Day 2026, where the group is expected to detail its strategic directions. As a reminder, Stellantis had returned to profitability in the first quarter of 2026, reported on April 30, with revenues up 6% to €38.1 billion and a net result of €400 million. The publication session ended with a decline of 7.39%. Year-on-year, the stock is down 28.55%. Over three months, the decline is limited to 2.31%. The rebound of 4.5% on May 6 and the progress of 1.56% on May 8 only partially erase the slowdown sequence that began in early February. In terms of valuation, the stock is trading at about 7 times current year earnings and 3.9 times next year's earnings, compared to an average of 14.2 times for the Consumer Discretionary sector, according to the consensus of 15 analysts. The expected growth in EPS from one year to the next is estimated at +78.6%. The next concrete appointment: Investor Day on May 21.
