00:00It's Benzinga bringing Wall Street to Main Street
00:02Stellantis CEO Antonio Filosa reconfirmed the automaker's 2026 guidance and longer-term
00:08cash flow targets as its U.S. shares trade at an all-time low. According to CNBC, the company
00:13expects a mid-single-digit increase in net revenue and a low single-digit adjusted operating margin
00:18this year. Stellantis aims to be cash flow positive by 2027 and generate more than $3.4
00:24billion in free cash flow in 2028. Shares have lost roughly 60% this year as the automaker
00:31executes a roughly $70 billion turnaround plan following sales declines and margin dilution.
00:36Filosa said the strategy focuses on regional brands, new investments, partnerships,
00:41manufacturing, and stronger execution. For all things money, visit Benzinga.com.
