HSBC Maintains a Hold Rating on Stellantis N.V. (STLA)

Stellantis N.V. (NYSE:STLA) is among the 7 Best EV Battery Stocks to Buy Now.

TheFly reported on January 13, 2026, that HSBC increased its price target on Stellantis N.V. (NYSE:STLA) from EUR 8.50 to EUR 10. It kept a Hold rating, noting that 2026 seems more predictable for automakers following revisions throughout its automotive coverage.

On January 9, 2026, CNBC reported that Stellantis N.V. (NYSE:STLA) announced that it will phase out electric hybrid Jeep Wrangler,  Chrysler Pacifica vehicles, and Jeep Grand Cherokee vehicles in North America starting with the 2026 model year. The business listed weakening U.S. fuel-economy regulations, quality problems, and declining EV sales as major causes. The corporation cited declining customer demand and the necessity to focus on more competitive electric options, such as hybrids and range-extended vehicles, as the driving forces for the decision.

Its previous focus on PHEVs is reversed by this action. In 2024, the company projects those models to account for 41% of PHEV sales in the United States, with a volume of 160,000 to 170,000 units. Stellantis N.V. (NYSE:STLA) stated that a recall due to a fire danger is unrelated to the cancellation decision. Jeep will keep offering battery-electric SUVs, such as the Recon and Wagoneer S.

Stellantis N.V. (NYSE:STLA) is involved in the design, engineering, manufacture, distribution, and sale of vehicles and components.

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Disclosure: None. This article is originally published at Insider Monkey.