Stellantis Under Scrutiny After EV Adoption Forecasts Prove "Overly Optimistic"

Rhea-AI Summary

{"summary":"","positive":[],"negative":[],"faq":[]}

Key Figures

EV-related charge: €22–€22.2 billion Single-session decline: 28% H2 2025 charges: €22.2 billion +5 more

8 metrics

EV-related charge €22–€22.2 billion Charge disclosed Feb. 6, 2026 tied to EV assumptions reset

Single-session decline 28% Approximate NYSE share price drop on Feb. 6, 2026

H2 2025 charges €22.2 billion Total H2 2025 charges from Feb. 6, 2026 Form 6-K

FY 2025 net loss €19–€21 billion Projected full‑year 2025 net loss in Feb. 6, 2026 6-K

Product/emissions charges €14.7 billion Realigning product plans and U.S. emission compliance

EV supply chain resize €2.1 billion Charges to resize EV supply chain in H2 2025

Operational changes €5.4 billion Higher warranty provisions and restructuring costs

Cash payments €6.5 billion Expected cash payments over four years for reset actions

Market Reality Check

Price: $7.83 Vol: Volume 13,757,157 is belo...

low vol

$7.83 Last Close

Volume Volume 13,757,157 is below the 20-day average of 20,157,887, suggesting muted pre-news activity. low

Technical Shares trade 45.17% below the 52-week high and below the 200-day MA (10.04), near the 52-week low.

Peers on Argus

Pre-news, STLA was up 1.03% while key peers showed mixed moves; momentum scanner...

1 Down

Pre-news, STLA was up 1.03% while key peers showed mixed moves; momentum scanner only flagged RACE at -2.58%, indicating stock-specific dynamics rather than a broad auto-sector move.

Historical Context

5 past events · Latest: Feb 17 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 17	Advertising recognition	Positive	+1.0%	Jeep ad achieved No. 1 automotive spot on YouTube AdBlitz 2026.
Feb 12	New vehicle launch	Positive	+3.7%	Launch of limited‑edition 2026 Wrangler Willys 392 with high‑performance features.
Feb 12	Award recognition	Positive	+3.7%	Chrysler Pacifica earned Consumer Guide Best Buy award for 10th straight year.
Feb 06	Executive award	Positive	-23.7%	Stellantis executive Chris Feuell received What Drives Her Trailblazer Award.
Feb 06	Stake sale	Neutral	-23.7%	LG Energy Solution to acquire Stellantis’ 49% stake in NextStar Energy JV.

Pattern Detected

Recent product/branding news (Jeep and Chrysler) aligned with modest gains, but Feb 6 headlines coincided with a sharp selloff despite positive or neutral storylines.

Recent Company History

Over the last weeks, Stellantis-related news has focused on brand marketing and product launches, including Jeep’s YouTube AdBlitz success and the limited‑edition Wrangler Willys 392, which coincided with gains of 1.03% and 3.67%. Chrysler Pacifica’s tenth consecutive Best Buy award also aligned with a 3.67% rise. In contrast, Feb. 6 news around an executive award and the NextStar Energy ownership change occurred alongside a steep -23.69% move, reflecting sensitivity to broader company developments beyond the positive tone of those releases.

Market Pulse Summary

This announcement highlights a securities investigation into whether Stellantis’ EV rollout disclosu...

Analysis

This announcement highlights a securities investigation into whether Stellantis’ EV rollout disclosures were consistent with internal information leading up to a €22–€22.2 billion charge and a suspended 2026 dividend. It follows a major business reset detailed in a Feb. 6 Form 6-K, including projected €19–€21 billion FY 2025 net loss and sizeable restructuring charges. Investors may focus on upcoming Full Year 2025 results and further regulatory filings to gauge how legal, strategic, and financial risks evolve.

Key Terms

form 8-k

1 terms

form 8-k regulatory

"no interim update or Form 8-K addressed the deterioration in EV program"

A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.

AI-generated analysis. Not financial advice.

NYSE: STLA

NEW YORK, Feb. 18, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP is investigating Stellantis NV (NYSE: STLA) concerning whether the company's prior public statements about the trajectory of its electric-vehicle programs were consistent with information available to management at the time. On February 6, 2026, Stellantis disclosed a €22–22.2 billion charge and acknowledged that its EV rollout was premised on "overly optimistic market assumptions." Those who purchased Stellantis shares and wish to discuss their legal rights may contact the firm for additional information.

A review of the timeline highlights a sequence of signals that preceded the February 6 disclosure. On January 31, 2026, Wall Street Zen downgraded STLA to Sell. On February 3, Morgan Stanley followed with a downgrade to Equal-Weight, referencing an "investment lag." On February 5, a report indicated that Stellantis was seeking European cash to offset tariff-related headwinds, hinting at cash-flow stress. Yet the company's most recent earnings call—Q3 2025 on October 30, 2025—was over 90 days old, and no interim update or Form 8-K addressed the deterioration in EV program assumptions that would culminate in the €22 billion charge. In other words, more than three months elapsed between the last earnings discussion and the write-down disclosure, during which the company's forward-looking EV narrative remained intact.

The February 6 announcement marked a stark reversal. Management conceded that the pace of EV adoption had been overestimated, prompting a strategic reset that included suspending the 2026 dividend and placing the dividend policy under review. Shares declined approximately 28% on the NYSE in a single session, representing what multiple outlets described as the worst trading day in the stock's history.

The investigation is focused on whether Stellantis' public communications during the period between the Q3 2025 earnings call and the February 6 disclosure accurately reflected the company's internal understanding of the viability and valuation of its EV assets.

Levi & Korsinsky is committed to protecting shareholder interests. Investors who held or acquired STLA shares and incurred losses are encouraged to learn more about their options.

Levi & Korsinsky is a nationally recognized securities litigation firm headquartered in New York and may be reached at www.zlk.com.

CONTACT:
Joseph E. Levi, Esq.
Levi & Korsinsky, LLP
33 Whitehall Street, 27th Floor
New York, NY 10004
Tel: (212) 363-7500
Fax: (212) 363-7171
Email: jlevi@levikorsinsky.com
www.zlk.com 

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SOURCE Levi & Korsinsky, LLP