0915 GMT - Stellantis has unveiled ambitious 2028 and 2030 financial targets, which are materially ahead of consensus expectations, Berenberg analyst Romain Gourvil writes. The company's plan involves restoring profitability through operational efficiencies, focusing on core brands, product renewal and stronger regional delivery, while also relying heavily on a significant volume recovery in the U.S. The plan would see the U.S. comprise about 55% of group profit. Stellantis is guiding for North American margins to return to 8%-10% by 2030, from operating losses in 2025, alongside 25% revenue growth. "However, the implied circa 35% volume growth assumptions may initially be met with scepticism by investors due to the softer industry growth environment." Berenberg maintains its buy rating and 7.80 euros price target on the stock. Shares rise 0.4% to 6.70 euros. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

June 02, 2026 05:15 ET (09:15 GMT)

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