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Ram, Jeep parent Stellantis needs to prove turnaround plan is working: H1 earnings preview
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Ram, Jeep, and Fiat parent company Stellantis (STLA) reported solid first-half results on Thursday morning, but only reaffirmed its prior guidance.
For the half, Stellantis reported revenue of 81.61 billion euros ($93.20 billion) vs. 80.71 billion euros per Bloomberg consensus, up 10% compared to last year.
Stellantis confirmed its prior 2026 guidance, projecting net revenues to rise in the mid-single digits in 2026, with low-single-digit adjusted operating income margin.
Earlier this month, Stellantis reported that Q2 shipments hit an estimated 1.6 million units, up 10% year over year.
The most consequential shift is the focus on Jeep, Ram, Peugeot, and Fiat — the four "global" brands — that will receive 70% of brand and product investment, alongside the Pro One commercial vehicle unit.