Stellantis shares: lagging in the CAC 40, the stock erodes by 1%
The multi-brand automaker declines during the session while the CAC 40 rises slightly. On the eve of the third quarter volume decline, the stock remains far below its levels from a year ago.
A stock moving away from its moving averages following a 16% decline in one month
The Stellantis share loses 1.21% to €3.92 at mid-session, among the steepest declines in the CAC 40, while the index gains 0.22%. The price is below its 20-day moving average (-4.16%), its 50-day moving average (-11.51%) and its 200-day moving average (-34.78%), a sign of a downward trend established across all timeframes. The decline reaches 16.2% over one month and 54.21% over one year.
The support level at €3.85, located less than 2% from the current price, is now the closely monitored zone, while the RSI at 39 remains below the neutral zone without touching oversold territory. Renault, the only comparable value available, advances 0.75% this Tuesday after a decline of 8.59% over one month. In a Paris market grappling with tensions over French debt, the OAT-Bund spread is close to 140 basis points, with a 10-year OAT at 4.86% according to the latest Bank of France data from October 12.
Third quarter: 1.3 million vehicles invoiced, down 1%
Stellantis published this Tuesday an estimate of its consolidated invoicings for the third quarter 2026: 1.3 million vehicles invoiced, down 1% year-over-year. This figure concerns volumes and not revenue, which remains to be published with the quarterly accounts. When publishing first half 2026 results (July 30), the group highlighted the 7% growth of its Pro One light commercial vehicles business and the 140% increase in electric van orders from small and medium-sized fleets year-over-year.
On the analyst consensus side, CIC Market Solutions maintained its "hold" rating this Tuesday with a price target of €4.50, or approximately 15% above the current price. According to the consensus of analysts tracked, the stock trades at 7.2 times current fiscal year earnings and 3.7 times next fiscal year earnings.
