Company Performance - Stellantis closed at $9.80, reflecting a -4.95% change from the previous day, which is less than the S&P 500's daily loss of 0.79% [1] - Over the past month, Stellantis shares have appreciated by 4.46%, outperforming the Auto-Tires-Trucks sector's loss of 2.1% and lagging behind the S&P 500's gain of 5.22% [1] Earnings Forecast - The upcoming earnings report for Stellantis is scheduled for July 29, 2025, with projected earnings of $1.96 per share and revenue of $180.11 billion, indicating changes of -26.87% and -12.19% from the prior year, respectively [2] Analyst Estimates - Recent modifications to analyst estimates for Stellantis reflect shifting short-term business dynamics, with upward revisions indicating analysts' positive outlook on the company's operations and profit generation [3] Zacks Rank and Valuation - Stellantis currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate moving 0.1% lower over the past month [5] - The company is trading at a Forward P/E ratio of 5.26, which is a discount compared to its industry's Forward P/E of 9.62 [6] Industry Context - The Automotive - Foreign industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 232, placing it in the bottom 7% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Group 1 - Stellantis' automotive production in Italy decreased by one-third in the first half of this year, with a projected further decline from the decades-low levels expected in 2024 [1][3] - The production of passenger cars fell by 34% and commercial vehicles by 16% in the first six months of 2025, with total production down by 27% [2] - The company faces challenges under new CEO Antonio Filosa, with a 10% drop in sales in the crucial U.S. market and declining registration numbers in Europe [1][3] Group 2 - Stellantis' five manufacturing plants in Italy all experienced production declines, particularly the Pomigliano d'Arco plant, which produces 64% of Italy's cars, including the best-selling Fiat Panda, which saw a 15% drop in production [1] - The union warns that the usage of social security systems may rise, currently affecting nearly half of the group's employees [2] - The outlook for production in Italy is not expected to improve due to weak demand and the industry's transition to electric vehicles, with Stellantis' stock price down by one-third this year, currently valued at €25.3 billion (approximately $29.6 billion) [3]

Group 1 - Tesla's stock price fell by 7.6% in pre-market trading, marking the largest decline since early June, with a year-to-date drop of 22% [1] - Shell Plc anticipates a significant decrease in contributions from its oil and gas trading business for Q2 compared to Q1 [1] - Google faces antitrust complaints from independent publishers regarding its AI summaries [1] Group 2 - Huya Inc. saw a pre-market increase of 2.4% after acquiring broadcasting rights for the 2025 Esports World Cup in Riyadh, Saudi Arabia [1] - Honda has halted the development of a large SUV, which was part of its electric vehicle strategy [1] - Stellantis reported a 10% year-over-year decline in vehicle deliveries in the U.S. market for Q2, totaling 309,973 units [1] - Trump Media & Technology Group has launched a global television live streaming service [1]

Group 1 - Major stock indices are experiencing declines, with Dow futures down 0.20%, S&P 500 futures down 0.48%, and Nasdaq futures down 0.63% [1] - Tesla's stock dropped over 7% following Elon Musk's announcement to form a third political party, raising concerns among investors about potential impacts on the company's stock price [1] - Alibaba's stock fell over 1% amid a fierce competition in the food delivery market with Meituan, as both companies are offering substantial discounts to attract users [1] Group 2 - Shell's stock declined over 3% after the company reported weak second-quarter data, with lower-than-expected earnings from downstream operations [2] - Bank of America downgraded Stellantis' rating to neutral due to concerns over its European business and anticipated weak performance, projecting a 15% year-over-year decline in revenue for the first half [2] - JPMorgan expressed caution regarding the future of stablecoins, predicting the market size will only reach $500 billion by 2028, citing a lack of mainstream adoption [2] Group 3 - Retail investors in the U.S. achieved a record high in stock trading, with total transactions exceeding $6.6 trillion in the first half of 2025 [3] - Oracle is offering significant discounts on its licensed software and cloud services to U.S. government agencies, with a 75% discount on software [3]

Core Viewpoint - Citigroup maintains a "neutral" rating on Stellantis (STLA.US) with a target price of €9 (approximately $10.57) based on June U.S. auto sales data, indicating ongoing challenges in the company's sales performance and market share [1] Group 1: U.S. Auto Sales Overview - In June, U.S. new vehicle registrations totaled 1.254 million, a year-on-year increase of 3.8%, with a seasonally adjusted annual rate (SAAR) of 15.3 million, down from 17.8 million in March [1] - Stellantis' new vehicle registrations in June fell by 21% year-on-year, with a second-quarter decline of 11%, and a year-to-date market share of 7.4%, down 130 basis points [1][4] - The overall U.S. market saw a second-quarter growth of 2%, reaching 4.2 million vehicles sold, while Stellantis' second-quarter sales were 306,000 units, reflecting a year-on-year decline of 11% [3] Group 2: Market Share and Competitive Position - Stellantis' market share in the U.S. for 2025 is projected at 7.4%, compared to 9.0% in 2024, indicating a significant decline in competitive positioning against leaders like GM (17.6%) and Toyota (15.2%) [4] - The company is identified as a market share loser this year, with a decline of 130 basis points, while competitors like GM and Ford have gained market share [4] Group 3: Sales Performance and Inventory Management - Stellantis' average dealer discount per vehicle is $4,842, which is higher than competitors like Ford ($3,700) and GM ($3,500), although it has decreased from a recent high of $6,400 [5] - Dealer inventory for Stellantis is currently around 270,000 vehicles, with a supply period of approximately 68 days, which is better controlled compared to previous levels [5] Group 4: Future Outlook - Citigroup views Stellantis as a "deep value" asset, suggesting that the company's low valuation reflects below-sustainable operating margins [7] - The company may achieve some improvements in sales and market share in the second half of 2025, but a comprehensive U.S. cost plan is deemed necessary for a true recovery [7]

Group 1 - The market capitalization of global automotive manufacturers has shown significant changes as of July 4, 2025, with Volkswagen leading at $548.09 billion, followed by General Motors at $508.5 billion and Ford at $469.63 billion [1][4]. - Notable increases in market value were observed for companies like Maruti Suzuki (+4.78%), Honda (+8.19%), and SAIC (+12.78%), indicating strong performance in the automotive sector [4][5]. - Companies such as Porsche and Stellantis experienced slight declines in their market values, with Porsche down by 1.14% and Stellantis down by 0.57%, reflecting mixed performance across the industry [4]. Group 2 - Emerging players like Li Auto and Xpeng have shown varying market capitalizations, with Li Auto at $265.5 billion and Xpeng at $179.59 billion, highlighting the competitive landscape in the electric vehicle segment [4][5]. - Traditional manufacturers like Nissan and Subaru have seen declines in their market values, with Nissan down by 1.74% and Subaru down by 0.56%, suggesting challenges in maintaining market position [5]. - The overall automotive market is characterized by a mix of growth among certain manufacturers and declines among others, indicating a dynamic and competitive environment [4][5].

智通财经7月3日电，汇丰银行将欧洲汽车制造集团STELLANTIS目标股价从9欧元上调至9.5欧元。 ...

Core Viewpoint - Stellantis Group has denied rumors of selling its luxury car brand Maserati, despite ongoing speculation and declining sales figures [2][4]. Group 1: Sales Performance - Maserati's global deliveries have decreased from 25,900 units in 2022 to 11,300 units in 2024, with sales in China dropping from 4,680 units in 2022 to 1,209 units [2][4]. - In China, Maserati's sales have halved, with figures falling from 14,400 units in 2017 to just 1,209 units in 2024, marking a 58% decline [4][6]. - The first five months of 2025 saw Maserati's sales at only 384 units, a 44% year-on-year decrease [4][8]. Group 2: Financial Performance - Stellantis Group reported a net revenue of €156.9 billion in 2024, a 17% decline year-on-year, and a net profit of €5.5 billion, down 70% [2]. - Maserati is currently facing financial difficulties and is operating at a loss, as stated by the Stellantis CEO [4][9]. Group 3: Brand Positioning and Strategy - The CEO of Stellantis emphasized that Maserati's issues stem from unclear brand positioning rather than product quality, indicating a need for better brand communication [5]. - Maserati has been associated with micro-businesses in China, which has negatively impacted its brand image and sales [5][6]. Group 4: Management Changes and Pricing Strategy - Maserati has frequently changed its leadership in China to address declining sales, with new appointments made in 2023 and 2024 [6][7]. - The brand has also reduced prices significantly, with some models now priced below €65,000, which undermines its luxury positioning [7][8]. Group 5: Market Trends - The luxury car market in China is experiencing a downturn, with other high-end brands like Bentley and Rolls-Royce also reporting sales declines [8]. - The overall trend indicates a slowdown in purchasing power among ultra-high-end consumers, posing challenges for maintaining brand influence and mitigating sales declines for Maserati [9].

Core Points - Stellantis N.V. will announce its First Half 2025 Results on July 29, 2025 [2] - A live webcast and conference call will take place at 2 p.m. CEST / 8 a.m. EDT on the same day [2] - Press release and presentation materials will be available on Stellantis' corporate website at approximately 8 a.m. CEST / 2 a.m. EDT [2][3] Company Overview - Stellantis N.V. is a leading global automaker with a diverse portfolio of brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys [4] - The company focuses on providing customers with freedom of movement, embracing new technologies, and creating value for stakeholders [4]

Group 1 - Stellantis N.V. is recalling 250,651 vehicles in the U.S. due to a defect in side curtain airbags that may not be properly sealed [1][2] - The recall affects specific 2022–2025 Pacifica and Voyager models, with dealers set to inspect and replace airbags at no cost to owners [2] - No reports of injuries or crashes related to the airbag issue have been received by Stellantis [2] Group 2 - In Q1 2025, Stellantis reported net revenues of €35.8 billion, a 14% decrease from Q1 2024, primarily due to reduced shipment volumes and an unfavorable product mix [3][8] - Consolidated shipments fell 9% to 1.22 million units, attributed to lower production in North America from extended holiday shutdowns and weaker demand in Europe [3] - Despite challenges in North America, Stellantis regained market share in Europe, reaching 17.3% after seven new product launches, marking a 190 basis point increase from Q4 2024 [4][8] Group 3 - The company has temporarily suspended its financial guidance due to changes in the tariff policy landscape affecting its 2025 outlook [4] - Stellantis currently holds a Zacks Rank of 3 (Hold), while other auto stocks like Strattec Security Corporation, Allison Transmission Holdings, and Ferrari N.V. have higher rankings [5]