Stellantis NV was formed on Jan. 16, 2021, from the merger of Fiat Chrysler Automobiles and PSA Group. Fiat Chrysler Automobiles (FCA) and Groupe PSA, The combination of the two companies created the world’s fourth-largest automaker, with 14 automobile brands. More than 130 countries and a portfolio of 14 brands, including popular names such as Jeep, Ram, Dodge, Chrysler, Peugeot, Citroen, and Opel. It offers a wide variety of vehicle choices from luxury, premium and mainstream passenger vehicles to pickup trucks, sport utility vehicle (SUVs) and light commercial vehicles. Regarding financial performance, Stellantis has reported strong results in the second quarter of 2022. The company reported a net income of $1.7 billion and a revenue of $39.2 billion.
Industry – Consumer Durables
Founded – 2021
Headquarters – Amsterdam
Country – Netherlands
Stellantis Stock Price History
The initial public offering (IPO) price of Stellantis was $14 per share. After the first day of trading, the stock price closed at $15.85 per share, representing an increase of 13.2% from the IPO price. Since then, the stock price has fluctuated but overall has trended upward. STLA stock was issued in January 2018; its highest end-of-day price was $24.81. Since then, the stock has seen a significant decrease and a peak of $15.45 in April 2021.
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Stellantis (STLA) Stock Forecast and Price Prediction
Predicted Years | Minimum Price | Average Price | Maximum Price |
2023 | $16 | $19 | $21 |
2024 | $18 | $20 | $23 |
2025 | $21 | $24 | $28 |
2030 | $29 | $34 | $38 |
2035 | $36 | $40 | $46 |
2040 | $43 | $49 | $60 |
2050 | $56 | $67 | $79 |
Is Stellantis a Good Investment?
The Stellantis stock has performed relatively well over the years. Stellantis has got a consensus rating of “Buy.” Also, analysts strongly believe that Stellantis can blow up in the future. But, It is hard to say whether or not Stellantis NV is a good investment without considering an individual’s investment goals and risk tolerance. Stellantis NV has had a promising start as a newly formed company and has a strong portfolio of brands, focusing on electric and sustainable vehicles, which are currently trending in the market.
Disclaimer: Stocks forecast / Price Prediction / Target given on our website is only for information purposes and to educate the stock market Participants / Traders / Investors. One should do own research and analysis before acting on these comments for any stocks.
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