Analyst: Stellantis will not need to raise capital.

Martino De Ambroggi of Equita Sim stated in a research report that Stellantis will not need to raise capital after taking a special impairment charge of around 22 billion euros. The Jeep manufacturer said that these costs will result in a cash outflow of 6.5 billion euros over four years. De Ambroggi noted that this is significantly higher than Equita's expectation of over 2 billion euros and may be worse than other analysts' forecasts. He added that Stellantis has canceled dividends and announced a bond issuance to ensure sufficient liquidity, thus avoiding the need for capital increases. Additionally, the analyst mentioned that Stellantis' preliminary performance estimate for the second half of the year indicates that its full year figures will be below market average expectations, and its qualitative outlook for 2026 is also below expectations. The company's stock price dropped by 22%, marking the largest single-day percentage decline since its formation in 2021.