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Stellantis CEO reconfirms 2026 growth targets despite stock hitting all-time low.

Market News
30 Sep 2026
CNBC
View Source
Bearish
Stellantis CEO reconfirms 2026 growth targets despite stock hitting all-time low.

Stellantis CEO Antonio Filosa reaffirmed the company's 2026 guidance of mid-single-digit revenue growth and low-single-digit operating margin, aiming to be cash flow positive by 2027 and generate over 3 billion euros free cash flow by 2028. This comes as the automaker's U.S. shares hit a record low, down nearly 60% this year amid a $70 billion turnaround plan addressing years of sales declines and margin pressure. Filosa's strategy focuses on regional brand strength, sharper portfolio management, new investments, and local empowerment to reset the company and listen more to customers. Despite current stock struggles, the firm remains committed to its long-term financial targets and operational improvements.

The Stellantis CEO reconfirmed the company's 2026 guidance amid ongoing operational challenges. For readers following the Consumer Cyclical sector, here is Pluang's market snapshot as of Sep 30, 2026 21:31 WIB: out of 112 US stocks, 60 rose and 51 fell today. Quantumscape Corp (QS) traded at USD 4.73 with a 3.05% increase, Airbnb (ABNB) was at USD 161.27 up 2.75%, and Royal Caribbean Cruises (RCL) closed at USD 267.54 with a 2.64% gain.

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