12 Most Promising EV Battery Stocks According to Wall Street Analysts

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4. Stellantis N.V. (NYSE:STLA)

Analysts’ Upside Potential as of April 29: 84.53%

Stellantis N.V. (NYSE:STLA) is ranked sixth among the Most Promising Stocks with an upside potential of 84.53%. It became the fourth-largest automotive original equipment manufacturer (OEM) by car sales in January 2021 when French-based Peugeot (PSA) and US-based Fiat Chrysler Automobiles (FCA) merged. Among its brands are Maserati, Fiat, Jeep, Chrysler, Ram, Peugeot, Citroen, Opel, and Alfa Romeo. The company serves clients in 130 markets across more than 30 countries. For three years in a row, adjusted operating margins remained in the double digits

Stellantis N.V. (NYSE:STLA) offers a wide range of EVs, including battery EVs and hydrogen fuel cell vehicles. The company’s “Dare Forward 2030” strategy calls for the introduction of more than 75 battery EV vehicles by 2030

In 2024, Stellantis N.V. (NYSE:STLA) showed excellent inventory management by reducing US dealer stock from 430,000 units at the halfway point of the year to 304,000 units at the end, surpassing its goal of 330,000 units. Furthermore, the company broadened its global reach by introducing innovative new products like the Fiat Grande Panda, Citroen C3, Dodge Charger, Jeep Wagoneer S, Citroen C3 Aircross, and Opel Frontera. It proposed a EUR 300 million contract with Comau and a dividend of EUR 0.68 per share, totaling EUR 1.7 billion, proving its commitment to shareholder returns in the face of challenges. The firm’s collaboration with Leapmotors in China was effective, with Leapmotors becoming profitable in Q4 2024 and increasing sales to 300,000 units.

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