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Strattec Security ( (STRT) ) has shared an update.
On February 5, 2026, Strattec reported results for its fiscal second quarter ended December 28, 2025, highlighting a 6% year-on-year increase in net sales to $137.5 million, driven by pricing actions, favorable mix, new program launches and tariff recovery. Gross margin improved to 16.5% from 13.2% as higher volumes, $1.7 million in restructuring savings and pricing more than offset higher labor, tariffs and unfavorable foreign exchange, while net income attributable to Strattec rose to $4.9 million, or $1.20 per diluted share, with adjusted EBITDA climbing to $12.3 million and an 8.9% margin. Cash generated from operations reached $13.9 million in the quarter, boosting cash and equivalents to $99.0 million against just $2.5 million in debt, and the company advanced fiscal 2026 restructuring initiatives—including a voluntary early retirement program and Mexico operational changes—expected to deliver $3.4 million in annualized savings, reinforcing its balance sheet strength and operational flexibility amid anticipated softer U.S. auto production and ongoing FX headwinds.
The most recent analyst rating on (STRT) stock is a Buy with a $99.00 price target. To see the full list of analyst forecasts on Strattec Security stock, see the STRT Stock Forecast page.
Spark’s Take on STRT Stock
According to Spark, TipRanks’ AI Analyst, STRT is a Outperform.
Strattec Security’s strong financial performance and positive earnings call sentiment are the most significant factors contributing to the score. The company’s robust balance sheet and strategic initiatives position it well despite industry challenges. Technical indicators suggest bullish momentum, though valuation metrics indicate limited upside potential.
To see Spark’s full report on STRT stock, click here.
More about Strattec Security
Strattec Security Corporation is a Milwaukee-based, Nasdaq-listed automotive supplier that provides advanced vehicle access, security and authorization solutions to leading vehicle manufacturers, primarily in the U.S. With a history of more than 110 years, the company has evolved from mechanical locks to integrated electro-mechanical systems, offering highly engineered products such as power access solutions for liftgates and sliding doors, latches, vehicle start systems, keys, fobs, locks and locksets, door handles and other access components.
Average Trading Volume: 50,359
Technical Sentiment Signal: Buy
Current Market Cap: $365.4M
For an in-depth examination of STRT stock, go to TipRanks’ Overview page.