MW As new CEO takes over, Wall Street is expecting more from Stellantis than GM, Ford or Tesla

By Steve Goldstein

As Stellantis N.V. names insider Antonio Filosa to take over as chief executive, it turns out Wall Street is expecting more from the Jeep maker's stock price than any of its major rivals.

According to FactSet, analysts have a target price on Stellantis $(STLA)$ (IT:STLAM) of $11.67, which would be an 11% rise from Tuesday's close. Compare that with the 7% appreciation seen for General Motors Co. $(GM)$ and the outright declines of 6% for Ford Motor Co. $(F)$ and 15% downturn for Tesla Inc. $(TSLA)$ that analysts expect.

Granted, Stellantis's valuation is not demanding, though arguably GM's is even easier. On an enterprise value to earnings before interest and tax, Stellantis has a multiple of 3.46, versus GM at 2.71. (Ford's is much higher at 39.37 and Tesla's is a nosebleed 177.15.

Stellantis has a price-to-earnings ratio of just 6 for estimated 2025 earnings.

Besides tariffs that all the automakers are grappling with, Stellantis has the added problem of high inventories.

Stellantis said Filosa boosted the Jeep brand's global presence, including in Europe, and most recently was chief operating officer for the Americas since December.

"Since his appointment, he has initiated the strengthening of the U.S. operations, including by significantly reducing excessive dealer inventory, reorganizing the leadership team, driving the process of introducing new products and powertrains, and increasing dialogue with dealers, unions and suppliers," the company said.

Last month, Stellantis suspended guidance for the year following a first quarter in which its revenue fell 14% on a 9% drop in volume.

-Steve Goldstein

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May 28, 2025 06:47 ET (10:47 GMT)

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