Stellantis (STLA) Stock Hits Decade Lows After 955,000-Vehicle Recall
TLDR
- Stellantis stock fell 5.7% to $5.12, hitting decade lows and is down over 50% year-to-date in 2026.
- A recall of 955,000 vehicles worldwide over a radio software bug blocking rear-view cameras added fresh pressure.
- European operations posted an operating loss in Q2, with tight total profit margins of just 1.8%.
- Barron’s has pulled its turnaround recommendation after STLA dropped 29% since February.
- Wall Street has a Hold consensus on STLA with an average price target of $6.88, implying 34% upside.
Stellantis stock hit decade lows on Wednesday, falling 5.7% to $5.12. The stock is now down more than 50% in 2026, one of the worst performers among major automakers this year.
The latest drop came after Stellantis recalled roughly 955,000 vehicles worldwide, including 848,000 in the U.S. The recall covers a radio software bug that disables rear-view cameras on key models including Jeep. Stellantis confirmed an over-the-air update resolves the issue, and no injuries have been reported.
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