Pro Research: Wall Street peeks into Stellantis' future prospects

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Stellantis N.V. (EXCHANGE:NYSE:STLA), the automotive giant formed through the merger of Fiat Chrysler Automobiles and PSA Group, has been the subject of several recent analyses by major financial firms. These analyses provide a multifaceted view of the company's current performance and future outlook, focusing on its market position, financial health, product segments, and strategic initiatives. This deep-dive aims to synthesize these perspectives to offer potential investors a comprehensive understanding of Stellantis' prospects.

Stellantis boasts a robust market capitalization, with figures reported at €61,493 million as of late November 2023. The company's stock shows promise with a free float of 71.3% and daily value traded reaching €136.9 million. Financial projections indicate an upward trajectory for group revenue, expected to rise from €179,592 million in 2022 to €201,701 million by 2024. Correspondingly, EBITDA and EBIT are also projected to grow during this period.

Despite an anticipated decrease in adjusted EPS by 5.3% in 2023, a rebound of 6.0% is expected in 2024. This dip and subsequent rise reflect a broader industry trend and Stellantis' strategic financial management. The