Why did Stellantis stock fall so much today?

The company announced a €22 billion EV-related writedown, suspended its dividend, and refocused investment on hybrids while cutting parts of its US lineup. Markets read this as a major reset with weaker near-term cash flows, pushing the shares to record lows. The move reflects both execution risk and softer US EV demand.

Is the Stellantis dividend cancelled for 2026?

Management suspended the dividend as part of the reset. The goal is to protect liquidity while funding the shift to hybrids and software. Investors should not rely on prior yield figures. Future payouts will depend on free cash flow recovery, leverage, and board decisions after results on 26 February.

What could help Stellantis stock recover?

Clear free cash flow guidance, tighter capex, and transparency on funding, including any hybrid debt terms, would help. Evidence that US model cuts and hybrid launches support margins is key. If cash improves and North America stabilizes, the low valuation multiples could attract longer-term buyers.

How should Swiss investors manage currency risk here?

Decide whether you want USD or EUR exposure alongside the equity view. Some Swiss brokers offer CHF settlement or hedged instruments, though costs vary. Keep position sizes modest, diversify across the auto value chain, and use staggered entries and stop levels to manage volatility in Stellantis stock.

What does the Stellantis EV pivot mean for Europe?

The company is prioritizing hybrids where demand is steadier and charging gaps persist. European brands may slow pure EV launches and push more hybrid trims to protect pricing and margins. The strategy aims to match actual consumer demand while buying time for cost reductions in batteries and software.

Global Market Insights

STLA Stock Today, February 8: €22B EV Reset, -28% Plunge, Dividend Cut

ByHuzaifa Zahoor February 8, 2026

Stellantis stock (ticker: STLA) slumped after a €22 billion EV-related writedown, a dividend suspension, and a switch in focus toward hybrids. Shares plunged about 28% to record lows, reflecting concern over cash flows and the North America plan. For Swiss investors, the key is what changes by 26 February. We review what triggered the move, how the balance sheet looks, where valuation stands, and what needs to improve for sentiment to stabilize.