Stoneridge Completes Control Devices Divestiture to Refocus Strategy

Stoneridge ( (SRI) ) has shared an announcement.

On January 30, 2026, Stoneridge, Inc. completed the sale of its Control Devices business segment, including related subsidiaries and facilities, to Control Devices Acquisition, LLC, an affiliate of Center Rock Capital Partners, for a base purchase price of $59 million, subject to customary adjustments. In connection with the transaction, Stoneridge executed pre-closing reorganizations, agreed to five-year non-compete and other customary covenants, and entered into Mexico and China manufacturing agreements that allow continued production of certain products for both the divested Control Devices business and Stoneridge’s remaining Electronics segment, helping to smooth the operational transition. The company plans to use the net cash proceeds, after tax and transaction expenses, to repay debt and strengthen its balance sheet, and it expects to amend its credit facility following release of full-year 2025 results. Management positioned the divestiture as the conclusion of a strategic review and a “critical step” in simplifying the company and sharpening its focus on higher-growth electronics and Brazil platforms, with the aim of de-risking the business, improving capital allocation and enhancing long-term shareholder returns, while giving the Control Devices business dedicated ownership under Center Rock. As part of the deal, Control Devices President Rajaey Kased resigned his officer roles at Stoneridge on January 30, 2026 to continue in a similar capacity with the divested business, and the company scheduled investor webcasts on February 2 and March 12, 2026 to discuss the sale and its 2025 financial performance.

The most recent analyst rating on (SRI) stock is a Hold with a $6.50 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.

Stoneridge’s overall stock score is primarily impacted by its financial performance, which shows significant challenges in profitability and revenue growth. Technical analysis indicates bearish trends, and valuation metrics are unattractive due to negative earnings. The absence of earnings call data and corporate events means these factors do not influence the score.

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 on- and off-highway transportation, focusing on vehicle intelligence, safety and security. Following the divestiture of its Control Devices segment, the company is concentrating its portfolio on technology solutions for global commercial vehicle and off-highway markets, centered on three main product categories: Vision and Safety (including its MirrorEye digital vision systems), Connectivity, and Vehicle Intelligence and Electronic Controls, with growing engineering and OEM operations, particularly in Brazil.

Average Trading Volume: 151,357

Technical Sentiment Signal: Sell

Current Market Cap: $184.4M

See more insights into SRI stock on TipRanks’ Stock Analysis page.