Stellantis NV Stock: Technical Rebound Prior to Annual Results, but Target Price Lowered
Stellantis shares are up nearly 2% this Tuesday, trading at 6.60 euros, amid the imminent release of the 2025 annual results scheduled for February 26. This temporary rebound occurs as the stock has declined more than 51% over the past year and Grupo Santander has significantly lowered its target price.
Significant Downgrade by Grupo Santander
This Tuesday, Grupo Santander revised its target price for Stellantis, lowering it from 8.80 euros to 7.00 euros, while maintaining a neutral recommendation. Compared to the current price of 6.60 euros, this new target suggests a limited upside potential of about 6%. This revision reflects increased caution two days before the release of Stellantis NV's 2025 annual results, expected on Thursday, February 26. The annual general meeting is scheduled for April 14. The stock's trajectory remains significantly impaired over intermediate horizons, with a decline of nearly 22% over three months and more than 51% over a year, illustrating the operational difficulties faced by the automaker in recent quarters.
Technical Analysis Indicates Persistent Downtrend
Graphically, the price of Stellantis NV is significantly below its 50-day and 200-day moving averages, which are positioned at 8.49 euros and 8.60 euros, respectively. This substantial gap—around 24% from the 200-day moving average—signals that the medium and long-term downtrend remains firmly in place, despite today's rise. The RSI, at 27, is in the oversold zone, a level that may indicate that selling pressure has become extreme and that a technical rebound, like the one observed today, could be possible in the very short term. The major support identified is at 6.14 euros, a threshold that represents the next level if the decline resumes after the annual results are published. Monthly volatility remains high, at nearly 31%, reflecting the uncertainty surrounding the stock in this phase preceding the results.
