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S&P, Moody's cut Stellantis to lowest investment grade

ReutersFeb 10, 2026 1:29 PM

- Moody's and S&P Global downgraded carmaker Stellantis STLAM.MI to their lowest investment grades on Tuesday, citing weaker earnings and cash flow prospects.

S&P cut Stellantis' long-term rating to BBB- from BBB and assigned a negative outlook.

Moody's lowered it to Baa3 from Baa2, citing weaker-than-expected profitability and cash flow for 2025 and keeping a stable outlook.

The downgrades place the carmaker at the lowest investment grade level at both agencies, one notch above "junk" category.

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