Stellantis reports 324,277 US sales and Berenberg cuts target for Stellantis stock

Published on 10/09/2026 at 11:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berenberg cut its target from EUR 7.80 to EUR 5.10 on September 21, 2026. Stellantis stock costs EUR 4.06 after EUR 4.04, plus 0.50 percent.

Key points in brief

Stellantis reported 324,277 US vehicles sold in the third quarter of 2026, with year-to-date sales up 3.00 percent.
Berenberg cut its target from EUR 7.80 to EUR 5.10 and lowered its rating from Buy to Hold on September 21, 2026.
Second-quarter revenue rose 13.00 percent to EUR 43.50 billion, while adjusted operating income reached EUR 773.00 million.
The Lang & Schwarz price was EUR 4.06 on October 9, 2026, plus 0.50 percent versus the EUR 4.04 prior close.

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Stellantis (ISIN NL00150001Q9) reported 324,277 US vehicles sold in the third quarter of 2026 on October 1, while Berenberg cut its rating from Buy to Hold and its target from EUR 7.80 to EUR 5.10 on September 21, 2026. The latest sales release showed year-to-date US sales up 3.00 percent versus the first three quarters of 2025, while the target cut highlights continuing pressure on North American margins.

Three milestones shape the stock

On July 30, 2026, Yahoo Finance reported that second-quarter net revenue rose 13.00 percent year over year to EUR 43.50 billion, adjusted operating income reached EUR 773.00 million and industrial free cash flow was positive at EUR 1.00 billion. On September 21, 2026, Trading-Treff reported the Berenberg downgrade and target reduction. On October 1, 2026, Stellantis reported 324,277 quarterly US sales and a 3.00 percent year-to-date increase.

What does the target cut imply?

The new EUR 5.10 target lies 25.62 percent above the EUR 4.06 Lang & Schwarz price. The downgrade reflects weak operating leverage in North America, while management is relying on cost reductions and new vehicle launches to improve profitability.

The Q2 figures show why the debate is balanced. Revenue increased 13.00 percent, adjusted operating income improved by EUR 560.00 million year over year, and the adjusted operating income margin rose 120 basis points to 1.80 percent. Yet inventory increased 20.00 percent year over year to 1.40 million units, keeping execution and mix central to the next results.

Next dates bring fresh evidence

Stellantis lists October 12, 2026 for the debut of new Alfa Romeo models during the Paris Motor Show, while its investor calendar sets October 28, 2026 for third-quarter 2026 financial results, according to the Stellantis investor relations page. Those dates will put the 324,277-vehicle US sales figure alongside fresh evidence on margins, inventories and cash generation.

EUR 4.06 price keeps the test close

Stellantis was trading at EUR 4.06 at Lang & Schwarz on October 9, 2026 at 11:18 a.m. CEST, plus 0.50 percent versus the EUR 4.04 prior close on October 8, 2026. The shares are listed on Euronext Paris under ticker STLAP and are included in the CAC 40, according to Bourse Apprentissage. The further course of trading is shown by the continuously updated real-time quote of Stellantis stock.