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    STLA   NL00150001Q9

STELLANTIS N.V.

(STLA)
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Real-time Estimate Tradegate  -  09:13 2022-12-06 am EST
14.59 EUR   -0.45%
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Stellantis and Uber join forces on electric vehicles market in France

09/27/2022 | 05:27am EST
FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it's IPO at the NYSE in New York

PARIS (Reuters) - Carmaker Stellantis and Uber announced a partnership along with the company Free2Move to focus on the French electric vehicles market.

The companies said in a joint presentation on Tuesday that Free2Move would help Uber in Uber's plans to convert 50% of its fleet of vehicles in France over to electric models.

The production and sale of more electric and hybrid vehicles is also a key part of the plans set out in Marchby Stellantis Chief Executive Carlos Tavares to double Stellantis' overall revenues to 300 billion euros ($288.8 billion) a year by 2030.

In August, Uber reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, as more people rely on its services for transport and ordering in food. ($1 = 1.0390 euros)

(Reporting by Gilles Guillaume; Editing by Sudip Kar-Gupta)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
STELLANTIS N.V. -0.53% 14.584 Delayed Quote.-12.15%
STELLANTIS N.V. -0.45% 14.59 Real-time Quote.-12.11%
All news about STELLANTIS N.V.
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12/05STELLANTIS : JP Morgan reiterates its Buy rating
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12/02Stellantis Reportedly Proposed 5.3% Salary Increase to French Workers
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12/02Stellantis Proposes 5.3% Pay Jump for French Workers Amid Talks With Unions
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12/02Stellantis partners with Qinomic on project to turn combustion engine vans into EVs
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Analyst Recommendations on STELLANTIS N.V.
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Financials
Sales 2022 177 B 186 B 186 B
Net income 2022 15 546 M 16 337 M 16 337 M
Net cash 2022 25 711 M 27 018 M 27 018 M
P/E ratio 2022 2,99x
Yield 2022 8,80%
Capitalization 47 101 M 49 497 M 49 497 M
EV / Sales 2022 0,12x
EV / Sales 2023 0,10x
Nbr of Employees 281 595
Free-Float 75,9%
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Technical analysis trends STELLANTIS N.V.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Last Close Price 14,66 €
Average target price 20,81 €
Spread / Average Target 42,0%
EPS Revisions
Managers and Directors
Carlos Tavares Chief Executive Officer & Executive Director
Richard Keith Palmer Chief Financial Officer
John Jacob Philip Elkann Chairman
Harald J. Wester Chief Engineering Officer
Ned Curic Chief Technology Officer
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