Key Insights:
- Stellantis (STLA, Financial) and Amazon (AMZN) are discontinuing their SmartCockpit initiative.
- Despite this, partnerships regarding AWS and Alexa will persist in Stellantis vehicles.
- Analysts provide a positive price forecast for Stellantis with potential upside noted.
Stellantis (STLA) and Amazon (AMZN) have opted to cease their collaborative SmartCockpit project, initially aimed at enhancing vehicle personalization by integrating home-like features. Launched in 2022, this ambitious endeavor is now being phased out as both companies redirect their focus. Despite the project's discontinuation, Amazon Web Services and Alexa functionalities will continue to be integrated within Stellantis vehicles, ensuring consumers still benefit from advanced tech in their driving experience.
Wall Street Analysts Forecast
According to the one-year price targets provided by nine analysts, Stellantis NV (STLA, Financial) has an average target price of $12.68. The highest estimate is $19.67, while the lowest is $7.94. This average target suggests a potential upside of 24.64% from the current trading price of $10.18. For a comprehensive view of these estimates, visit the Stellantis NV (STLA) Forecast page.
Consensus from 11 brokerage firms rates Stellantis NV (STLA, Financial) with an average recommendation of 2.8, pointing towards a "Hold" status. The rating scale ranges from 1, indicating a Strong Buy, to 5, denoting a Sell.
Using GuruFocus metrics, the estimated GF Value for Stellantis NV (STLA, Financial) in a year's time is projected to be $17.71. This estimation highlights a significant upside of 74.05% from the current price of $10.175. The GF Value represents GuruFocus's appraisal of the stock's fair trading value, determined by historical trading multiples and future business performance projections. More in-depth information is available on the Stellantis NV (STLA) Summary page.
