Stoneridge (SRI)
NYSE:SRI
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Stoneridge
(NYSE:SRI)
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Rating:50Neutral
Price Target:
$5.50
▼(-13.25% Downside)
Action:ReiteratedDate:04/10/26
The score is held back primarily by weak recent earnings performance (revenue decline and large 2025 net loss) and bearish technical trend signals. Partial offsets include a de-risked balance sheet and positive (though volatile) cash flow, plus a moderately constructive earnings outlook led by MirrorEye growth and cost actions, despite softer near-term EBITDA guidance.
Positive Factors
MirrorEye product growth
Rapid, program-driven MirrorEye growth is a durable structural tailwind: large OEM take‑rate increases and maturation of programs boost high-value content per vehicle, improving revenue visibility and mix toward higher-margin electronics over multiple model years if execution continues.
Negative Factors
Revenue & profitability deterioration
Inconsistent revenue and a return to operating losses reflect structural demand or execution shortfalls: operating costs, impairments and volume deleverage are overwhelming steady gross margins, making sustained profitability contingent on volume recovery and disciplined cost control.
Read all positive and negative factors
Positive Factors
Negative Factors
MirrorEye product growth
Rapid, program-driven MirrorEye growth is a durable structural tailwind: large OEM take‑rate increases and maturation of programs boost high-value content per vehicle, improving revenue visibility and mix toward higher-margin electronics over multiple model years if execution continues.
Read all positive factors
Stoneridge (SRI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$159.98M
Dividend YieldN/A
Average Volume (3M)140.76K
Price to Earnings (P/E)―
Beta (1Y)1.80
Revenue Growth-4.91%
EPS Growth-331.53%
CountryUS
Employees4,450
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)-0.53
Shares Outstanding28,016,932
10 Day Avg. Volume150,599
30 Day Avg. Volume140,758
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.90
Price to Sales (P/S)0.19
P/FCF Ratio13.22
Enterprise Value/Market Cap1.88
Enterprise Value/Revenue0.35
Enterprise Value/Gross Profit1.74
Enterprise Value/Ebitda18.04
Forecast
1Y Price Target
$5.76Price Target Upside-9.15% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.26
Revenue Forecast (FY)$844.55M
Stoneridge Business Overview & Revenue Model
Company Description
Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North Ame...
How the Company Makes Money
Stoneridge primarily makes money by selling engineered electronic/vision/telematics and control-system products to vehicle manufacturers and, in some cases, to other tier suppliers and aftermarket channels. Revenue is largely generated under suppl...
Stoneridge Earnings Call Summary
Earnings Call Date:Mar 11, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 06, 2026
Earnings Call Sentiment Positive
The call presents a mixed but constructive picture: strong, product-driven growth (notably MirrorEye) and substantial new-business wins and cash generation underpin an optimistic long-term outlook, supported by cost and quality improvements and a strategic divestiture. However, near-term headwinds — including a significant 2025 production decline, tariff and FX impacts, incremental Q4 quality costs, lower 2026 EBITDA guidance versus 2025, and an expected weak Q1 — temper immediate earnings momentum. Overall, the positives (robust product momentum, large awards, cash flow, and structural actions) outweigh the short-term challenges, while management emphasizes disciplined execution and conservative near-term guidance.Positive Updates
MirrorEye Rapid Growth
MirrorEye sales totaled approximately $111,000,000 in 2025 (management also referenced "over $110,000,000"), representing ~69–70% year-over-year growth in total MirrorEye sales and an 84% increase in MirrorEye OEM revenue as programs mature and take rates increase.
Negative Updates
Q4 Underperformance and Incremental Costs
Fourth quarter results missed prior expectations: the Control Devices segment underperformed by about $2,000,000 (primarily FX and tariffs), tariffs added ~$1,200,000 to other businesses, and incremental quality-related costs of approximately $3,300,000 were incurred in the quarter.
Read all updates
Q4-2025 Updates
Positive
Negative
MirrorEye Rapid Growth
MirrorEye sales totaled approximately $111,000,000 in 2025 (management also referenced "over $110,000,000"), representing ~69–70% year-over-year growth in total MirrorEye sales and an 84% increase in MirrorEye OEM revenue as programs mature and take rates increase.
Read all positive updates
Company Guidance
Management guided 2026 revenue modestly higher—about 4.2% growth at the midpoint—driven primarily by MirrorEye, which is expected to grow by roughly $50M to at least $160M (≈45% year‑over‑year), including about $140M in OEM MirrorEye sales (≈45% y/y), while SmartTube Tachograph aftermarket sales are expected to decline by ~$12M. They forecast 2026 EBITDA midpoint of $22.5M, noting the planned $26M revenue increase should contribute roughly $6.5M of EBITDA (based on a 25–30% contribution margin), at least $5M of structural cost savings, and a $6.7M headwind from incentive/merit increases, with incremental warranty and tariff timing impacts included; Q1 EBITDA is expected to be roughly breakeven with improvement beginning in Q2 and a stronger second half. Third‑party production forecasts (which management views as upside) show North America +9.8% and Europe +6.6% in 2026 (weighted +7.1%), but the company conservatively assumed flat OEM end markets for guidance; for 2027 they expect at least $715M of revenue (≈12% above 2026 midpoint) with ~$42M of market‑driven incremental revenue and at least $44M of EBITDA. Longer term, targets include $850M–$1,000M revenue by 2030 (CAGR 6.8–10.3%) with EBITDA of roughly $80M–$120M (implied 25–30% margins), a projected covenant compliance ratio of 3.0x–3.5x by year‑end 2026, and a credit facility maturity extended to 07/01/2027.Stoneridge Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
60
Neutral
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 861.26M | 908.29M | 975.82M | 899.92M | 770.46M |
| Gross Profit | 171.15M | 189.25M | 202.10M | 174.93M | 166.86M |
| EBITDA | 16.71M | -381.00K | 45.06M | 31.18M | 52.10M |
| Net Income | -102.83M | -16.52M | -5.18M | -14.06M | 3.41M |
Balance Sheet | |||||
| Total Assets | 551.19M | 621.56M | 679.90M | 652.11M | 665.40M |
| Cash, Cash Equivalents and Short-Term Investments | 66.25M | 71.83M | 40.84M | 54.80M | 85.55M |
| Total Debt | 189.96M | 208.06M | 203.01M | 179.85M | 184.12M |
| Total Liabilities | 371.41M | 376.30M | 392.18M | 371.16M | 369.45M |
| Stockholders Equity | 179.78M | 245.26M | 287.72M | 280.94M | 295.95M |
Cash Flow | |||||
| Free Cash Flow | 12.17M | 23.45M | -33.55M | -24.80M | -63.28M |
| Operating Cash Flow | 34.02M | 47.75M | 4.95M | 6.81M | -36.25M |
| Investing Cash Flow | -21.82M | -24.47M | -36.98M | -28.58M | 28.04M |
| Financing Cash Flow | -25.30M | 11.12M | 17.48M | -7.30M | 22.88M |
Stoneridge Technical Analysis
Neutral
6.34
Price Trends
6.85
Negative
6.39
Negative
6.95
Negative
Market Momentum
-0.27
Negative
60.00
Neutral
97.14
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SRI, the sentiment is Neutral. The current price of 6.34 is above the 20-day moving average (MA) of 5.29, below the 50-day MA of 6.85, and below the 200-day MA of 6.95, indicating a neutral trend. The MACD of -0.27 indicates Negative momentum. The RSI at 60.00 is Neutral, neither overbought nor oversold. The STOCH value of 97.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SRI.
Stoneridge Risk Analysis
Stoneridge disclosed 27 risk factors in its most recent earnings report. Stoneridge reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Stoneridge Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $335.97M | 15.92 | 12.07% | ― | 6.83% | 46.38% | |
73 Outperform | $126.11M | 3.67 | 9.22% | ― | 16.72% | 5.35% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | $153.87M | -2.14 | -16.59% | ― | -23.26% | -259.03% | |
55 Neutral | $379.76M | 25.68 | -5.54% | ― | -3.20% | -257.73% | |
51 Neutral | $218.43M | 33.64 | 0.75% | ― | 6.72% | ― | |
50 Neutral | $159.98M | -1.57 | -43.54% | ― | -4.91% | -331.53% |
* Consumer Cyclical Sector Average
SRI
Stoneridge
6.34
2.55
67.28%
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Stoneridge Corporate Events
Executive/Board Changes
Stoneridge Names Interim CFO Amid Leadership Transition
Neutral
Mar 23, 2026
Stoneridge, Inc. announced that Chief Financial Officer and Treasurer Matt Horvath, whose resignation was previously disclosed, will step down effective March 31, 2026, marking a significant transition in the company’s financial leadership. ...
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresM&A Transactions
Stoneridge Details 2025 Results and Strategic Refocus Plan
Negative
Mar 12, 2026
On March 11, 2026, Stoneridge reported fourth-quarter 2025 sales of $205.2 million and a net loss of $76.9 million, heavily impacted by a $21.6 million impairment of its Control Devices assets and $44.5 million in tax valuation allowances, while a...
Business Operations and StrategyPrivate Placements and Financing
Stoneridge Amends Credit Agreement to Extend Facility
Positive
Mar 12, 2026
On March 6, 2026, Stoneridge, Inc. executed Amendment No. 3 to its Fifth Amended and Restated Credit Agreement, which amends and restates the credit facility from December 31, 2025 through a new termination date of July 1, 2027 and extends the fac...
Business Operations and StrategyExecutive/Board Changes
Stoneridge Signs Cooperation Agreement, Adds 22NW Board Member
Positive
Feb 26, 2026
On February 26, 2026, Stoneridge, Inc. entered into a cooperation agreement with investment firm 22NW, LP and its affiliates, which hold about 8.2% of Stoneridge’s shares, and agreed to expand its board from seven to eight directors. Under t...
Business Operations and StrategyExecutive/Board Changes
Stoneridge Announces CEO Transition to Natalia Noblet
Positive
Feb 23, 2026
On February 19, 2026, Stoneridge’s board received notice that President and CEO James Zizelman will retire from the company on May 20, 2026, after nearly seven years of service. He will step down as president and CEO at 12:01 a.m. on April 1...
Business Operations and StrategyExecutive/Board Changes
Stoneridge Announces CFO Transition and Leadership Succession Plan
Neutral
Feb 2, 2026
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 co...
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresM&A Transactions
Stoneridge Completes Control Devices Divestiture to Refocus Strategy
Positive
Feb 2, 2026
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...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.