Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Stoneridge ( (SRI) ) just unveiled an update.
On February 2, 2026, Stoneridge, Inc. announced that Chief Financial Officer and Treasurer Matt Horvath will resign effective March 31, 2026, to pursue an opportunity in a different industry sector, after nine years in which he helped drive the company’s strategic transformation, portfolio strategy, key divestitures such as the sale of the Control Devices segment, and improvements in capital allocation, margins and cash generation. The company has begun a search for a new CFO, while Chief Accounting Officer Robert Hartman, a 27-year Stoneridge veteran with extensive leadership experience in accounting, financial planning and analysis, and internal audit, will work closely with Horvath to ensure a smooth transition, underscoring the company’s intent to maintain operational continuity and its strategic focus on delivering shareholder value as a global leader in transportation electronics.
The most recent analyst rating on (SRI) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Stoneridge stock, see the SRI Stock Forecast page.
Spark’s Take on SRI Stock
According to Spark, TipRanks’ AI Analyst, SRI is a Neutral.
The score is held back primarily by weak financial performance (large revenue decline, negative margins, and negative ROE), with valuation also pressured by losses (negative P/E). Offsetting this are constructive technical momentum (price above key moving averages with positive MACD) and a positive corporate event (divestiture proceeds aimed at debt repayment and balance-sheet strengthening).
To see Spark’s full report on SRI stock, click here.
More about Stoneridge
Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of electronic systems and technologies for the transportation industry, providing products that power vehicle intelligence and enhance safety and security across on- and off-highway sectors worldwide.
Average Trading Volume: 151,357
Technical Sentiment Signal: Sell
Current Market Cap: $184.4M
For detailed information about SRI stock, go to TipRanks’ Stock Analysis page.