Goldman Sachs EV and Battery Stocks: Top 10 Stock Picks

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

Goldman Sachs’ Stake Value: $780.74 million

Number of Hedge Fund Holders: 32

Stellantis N.V. (NYSE:STLA) is among the Goldman Sachs EV and Battery Stocks.

On February 10, 2026, Freedom Capital analyst Dmitriy Pozdnyakov raised Stellantis N.V. (NYSE:STLA) to Buy from Hold and issued a $9 price target, down from $11.30. The firm released preliminary results showing a sequential rise in auto deliveries. Management announced a strategic shift in response to lower-than-expected EV demand. The firm decreased its projections for 2026-27, even though it still expects a sales revival and market share growth in the United States.

Separately, on February 11, 2026, Bloomberg reported that Stellantis N.V. (NYSE:STLA) intends to exit its U.S. battery joint venture with Samsung SDI. The manufacturer plans to unwind EV investments and preserve cash after posting a charge of more than EUR22 billion last week. The corporation has considered various disposal possibilities but has not made a final decision.

On January 13, 2026, HSBC raised the price objective for Stellantis N.V. (NYSE:STLA) from EUR 8.50 to EUR 10 while maintaining a Hold rating.

Stellantis N.V. (NYSE:STLA) is involved in the design, engineering, manufacture, distribution, and sale of automobiles and components. The company’s brands include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram Trucks, Vauxhall, Free2move, and Leasys.