Stellantis Stock Falls to 5-Year Low Under Pressure
The Italian-American automaker is experiencing another difficult session this Wednesday, as two recent analyst opinions weigh heavily on the stock. Stellantis ranks among the biggest declines in the CAC 40, which is otherwise showing resilience against the broader trend.
A five-year low touched during the session, with a breach of support at €4.38
Stellantis is down 2.16% at €4.39 mid-morning, while the CAC 40 is up slightly by 0.17% during the session. The stock briefly broke below its support at €4.38 to hit €4.35 intraday, thus marking a new five-year low: the previous floor of €4.38, reached on August 19, 2026, has now been breached downward. From its high for the fiscal year, the quarterly decline has reached nearly 28%, and the year-to-date loss exceeds 46%. The price recovered above support after this intraday low, but the fragility of this level remains intact.
Trading below the 20-day moving average at €4.59 (variance of -4.36%) and the 50-day moving average at €4.79 (variance of -8.35%), the stock is moving in a configuration where each rebound attempt encounters these two degraded moving averages. The immediate resistance is located at €5.00, roughly 14% above the current price. The RSI at 44 remains in neutral territory, without a pronounced signal of seller exhaustion at this stage.
Berenberg downgrades to hold and Morgan Stanley moves to underweight, analyst sentiment deteriorates
Two revisions in analyst opinions are weighing on the session. On Wednesday, Berenberg downgraded its rating from "buy" to "hold" while drastically lowering its price target from €7.80 to €5.10—still implying roughly 16% upside potential compared to the current price, but far from the previous target. On Monday, Morgan Stanley took a further step by moving Stellantis from "market weight" to "underweight", with its target cut from €5.70 to €4.50, below the current price. These two moves reflect a notable deterioration in analyst sentiment on the stock.
To illustrate the current valuation: based on expected earnings, the stock is trading at approximately 7.6 times current fiscal year results according to the analyst consensus. Furthermore, Stellantis Pro One's announcements at the IAA Transportation show in Hanover, on September 14, regarding the FaSTLane 2030 roadmap, have not been sufficient to provide reassurance. When the company published its H1 2026 results (on July 30, 2026), it had highlighted 7% growth in its commercial vehicles division, while stressing the risk of variable electrification pace across markets, which could weigh on margins.
