Stellantis stock plunges 58% in 2026 amid costly EV strategy and credit concerns.

Stellantis shares have dropped 58% in 2026 due to heavy losses from an accelerated electric vehicle strategy that outpaced customer demand. The company reported a $22.3 billion loss in 2025, including $25.4 billion in EV-related charges, and suspended its 2026 dividend. Stellantis faces challenges from European market pressures and a credit rating just above junk status, while rivals Ford and GM have fared better. The company aims for cost savings and positive cash flow in 2027, but investors remain cautious amid weak margins and ongoing legal issues.

Stellantis shares trade at USD 4.51 on Pluang as of Nov 04, 2026 03:21 WIB, down 4.34% for the day and near their 52-week low of USD 4.06, contrasting sharply with their 52-week high of USD 12.12. This significant decline highlights the stock's challenging position compared to its peak within the past year, reflecting investor caution amid ongoing company difficulties.