# Stellantis financial and operational performance > Live situation record from CLSTR: https://clstr.news/situations/stellantis-financial-and-operational-performance > Updated: 2026-09-30T17:55:41.000Z. Sources: 9. Developments: 2. Stellantis has faced significant market pressure following a Morgan Stanley downgrade from ‘Equalweight’ to ‘Underweight’, which lowered the price target to 4.50 euros. This downgrade coincided with a 53 percent decline in stock value since the start of the year, driven by concerns over profitability, margin development, and a slow recovery in the United States market. The company has also dealt with operational hurdles, including a recall of over 200,000 Jeep vehicles, production halts at the Mirafiori plant due to component shortages, and labor negotiations in Canada. Despite these challenges and a decline in third-quarter sales in the United States, Stellantis has reaffirmed its 2026 financial targets. CEO Antonio Filosa projected a mid-single-digit increase in net revenues and a low-single-digit improvement in adjusted operating margins. The company is pursuing a 70 billion US dollar investment plan to stabilize performance, with the goal of achieving positive free cash flow by next year and exceeding 3 billion euros by 2028. ## Timeline ### 2026-09-30: Stellantis reaffirms 2026 financial targets amid US sales decline Stellantis reaffirms its 2026 financial targets and cash flow goals despite reporting a decline in US sales for the third quarter. 5 sources. https://clstr.news/cluster/stellantis-reaffirms-2026-financial-targets-amid-us-sales-decline ### 2026-09-14: Stellantis shares fall following Morgan Stanley downgrade Stellantis shares have dropped significantly following a Morgan Stanley downgrade driven by concerns over profit margins, US market recovery, and various operational challenges including vehicle recalls. 5 sources. https://clstr.news/cluster/stellantis-shares-fall-following-morgan-stanley-downgrade --- Cite as: Stellantis financial and operational performance. CLSTR, https://clstr.news/situations/stellantis-financial-and-operational-performance