Stoneridge downgraded to Market Perform from Outperform at Barrington

Barrington downgraded Stoneridge (SRI) to Market Perform from Outperform with no price target after the company reported Q4 EBITDA of $3.4M, below consensus estimates that called for adjusted EBITDA of $8.4M. The firm’s adjusted EBITDA estimate for 2026 is now $20M, down from a prior estimate of $41M, notes the analyst, who is moving to a Market Perform as the firm awaits to see new leadership’s ability to achieve expectations on a consistent basis and generate improved value.