Finance
S&P, Moody's cut Stellantis to lowest investment grade
Published by Global Banking & Finance Review®
Posted on February 10, 2026
1 min readLast updated: February 10, 2026
Quick Summary
Stellantis has been downgraded to the lowest investment grade by S&P and Moody's due to weaker earnings and cash flow prospects, impacting its financial outlook.
S&P and Moody's Downgrade Stellantis to Lowest Investment Grade
Impact of Credit Rating Downgrade
Feb 10 (Reuters) - Moody's and S&P Global downgraded carmaker Stellantis to their lowest investment grades on Tuesday, citing weaker earnings and cash flow prospects.
Details of the Downgrades
S&P cut Stellantis' long-term rating to BBB- from BBB and assigned a negative outlook.
Implications for Stellantis
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.
(Reporting by Anna Peverieri in Barcelona; Editing by Joe Bavier)
Key Takeaways
- •Stellantis downgraded by S&P and Moody's.
- •S&P assigns a negative outlook to Stellantis.
- •Moody's cites weaker profitability for 2025.
- •Downgrades place Stellantis above 'junk' status.
- •Impact on Stellantis' financial prospects.
Frequently Asked Questions about S&P, Moody's cut Stellantis to lowest investment grade
1What is a credit rating?
A credit rating is an assessment of the creditworthiness of a borrower, typically expressed as a letter grade. It indicates the likelihood that the borrower will default on their financial obligations.
2What is an investment grade?
Investment grade refers to a rating assigned to bonds or other debt instruments that indicates a relatively low risk of default. These ratings are typically BBB- or higher.
