Stellantis has faced considerable difficulties under CEO Antonio Filosa, with its stock plummeting nearly 30% since his appointment and about 21% since he officially took over in June 2025. On May 21, Filosa will unveil a turnaround strategy during a capital markets day, which is expected to focus on key brands like Jeep and Ram in the U.S. and Fiat and Peugeot in Europe.
The plan aims to address the company's recent net loss of 22.3 billion euros ($26.3 billion) and outlines priorities for cost reduction and profitability. Analysts, however, remain skeptical; BofA Securities downgraded Stellantis to underperform, citing a lack of a credible path to improved margins and cash generation despite some initial positive signs from restructuring efforts.
Filosa has emphasized that 2026 will be a 'year of execution' for the company, with a focus on strategic partnerships, particularly with Chinese automakers, and a commitment to efficient capital allocation across its 14 brands. The upcoming investor event is critical for restoring investor confidence and clarifying Stellantis' future direction