# Antonio Vitale: Autonomous Driving Partnerships as Key to the Stellantis Valuation Recovery


Recently, Stellantis announced strategic partnerships with NVIDIA Corporation, Uber Technologies Inc., and Foxconn Technology Group to jointly develop an L4-level autonomous robotaxi platform. Antonio Vitale points out that this announcement marks a significant advancement in the autonomous mobility business of Stellantis and may potentially reshape its future profit model. The current share price fluctuates around €9.40 on the Milan Stock Exchange. Vitale believes this move strengthens the position of Stellantis in the “vehicle + software + service” ecosystem transformation and could provide new support for its stock price.

In his analysis, Vitale first notes that Stellantis possesses global scale and platform advantages in automotive manufacturing. This partnership leverages the traditional strengths of Stellantis alongside the NVIDIA software, the mobility operations of Uber, and the Foxconn system integration capabilities. Secondly, the use of NVIDIA DRIVE AGX Hyperion 10 architecture on the AV-Ready platform (medium van K0 platform and STLA Small platform) demonstrates a relatively advanced approach to autonomous driving R&D. Therefore, Antonio Vitale believes the market may not have fully priced in this potential value, and the current share price, suppressed by short-term macro and automotive industry challenges, offers an entry opportunity for investors.

However, he cautions investors that while the outlook for the partnership is promising, commercialization of autonomous driving faces risks in technology, regulation, costs, and scaling. From a stock price perspective, the European share price has touched a high of about €13.75 and a low of about €7.27 this year. If the autonomous driving strategy is delayed or costs exceed expectations, downside risk remains. Antonio Vitale recommends viewing this partnership as part of a medium- to long-term holding strategy, rather than a target for quick short-term gains.

## Technical and Valuation Analysis—Risks and Opportunities Coexist

On the valuation side, Antonio Vitale points out that the European stock valuation of Stellantis is currently compressed. According to Investing.com data, the company is expected to post a loss of €0.78 per share in Q2 2025, far below market expectations. Its valuation metrics, such as P/E, are negative, and the market generally maintains a “neutral” rating. This suggests that the stock still faces short-term risks from delayed earnings recovery.

Technical analysis shows that the share price has been oscillating around €9.40 in Milan. If this support level is breached, it may fall back to recent lows. Conversely, if the benefits of the autonomous driving and new platform partnerships continue to materialize, a rebound is possible. Antonio Vitale suggests a “gradual accumulation and long-term holding” strategy, viewing this partnership as a key pivot in the Stellantis transition to future mobility services. Short-term traders should be wary of macroeconomic, automotive industry cycles, and regional market volatility (such as weak demand in Europe).

Additionally, Antonio Vitale emphasizes that Stellantis faces pressure from capacity adjustments and declining regional sales. For example, the company production in Italy fell by nearly 37% in 2024, posing performance challenges. These factors may continue to weigh on the stock price. He advises investors to set stop-loss levels and closely monitor the rollout of the autonomous driving strategy, regulatory progress, and the scaling of user operations.

## Autonomous Driving Strategy May Reshape the Long-term Valuation Framework of Stellantis

Antonio Vitale states that the Stellantis partnerships with NVIDIA, Uber, and Foxconn Technology Group are not merely technical or business extensions, but a reconfiguration of its overall valuation logic. The automotive industry is shifting from hardware-driven to a “software + service” ecosystem, with autonomous driving becoming a key metric of future competitiveness. The AV-Ready platform of Stellantis offers scalability and replicability, providing a technological pathway for the commercialization of L4-level autonomous driving. This means the company future revenue structure may shift from pure manufacturing to a diversified model including mobility and data services.

Vitale notes that if the global deployment of robotaxis proceeds as planned, Stellantis could secure sustained, high-margin service revenues, improving earnings volatility and attracting long-term capital. However, he also cautions that successful implementation of autonomous driving requires policy coordination and cost management. If relevant regulations and urban testing do not achieve breakthroughs by 2026, the partnership results may be delayed in financial reporting, affecting the pace of valuation recovery.

From an investment perspective, Antonio Vitale believes the strategic direction of Stellantis is clear, and the next 3–5 years may be pivotal for revaluation. For medium- to long-term investors, the current price range offers a high margin of safety. It is worth monitoring the commercialization of autonomous driving and the development of the global ride-hailing ecosystem as core indicators for the next growth cycle of the company.