Stoneridge (SRI)
NYSE:SRI
Want to see SRI full AI Analyst Report?
Top Page
Stoneridge
(NYSE:SRI)
Select Model
Select Model
Rating:51Neutral
Price Target:
$7.50
▲(8.54% Upside)
Action:Reiterated
Date:05/16/26
The score is held back primarily by weak financial performance (TTM losses, elevated leverage, and negative TTM free cash flow). Offsetting this, earnings-call guidance highlights product-driven growth (MirrorEye) and cost actions that could improve results later in 2026, while technical signals are mixed/neutral and valuation remains difficult to justify given ongoing losses.
Positive Factors
MirrorEye rapid growth
MirrorEye's strong, multi-year adoption across OEMs and record volumes (150k+ systems) create a durable, high-content product line that increases content-per-vehicle. As camera-based vision displaces mirrors, sustained OEM ramps should drive recurring revenue, higher scale, and improving gross margins over several years.
Negative Factors
Weak profitability and negative TTM FCF
Persistent operating losses and a sharply negative net margin have eroded equity and limit internal funding for growth. Negative TTM free cash flow signals fragile cash conversion when working capital or product ramps slip, meaning margin recovery must be sustained to restore solvency and self-funded investment.
Read all positive and negative factors
Positive Factors
Negative Factors
MirrorEye rapid growth
MirrorEye's strong, multi-year adoption across OEMs and record volumes (150k+ systems) create a durable, high-content product line that increases content-per-vehicle. As camera-based vision displaces mirrors, sustained OEM ramps should drive recurring revenue, higher scale, and improving gross margins over several years.
Read all positive factors
Stoneridge (SRI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$210.35M
Dividend YieldN/A
Average Volume (3M)140.76K
Price to Earnings (P/E)―
Beta (1Y)1.99
Revenue Growth-9.34%
EPS Growth-539.67%
CountryUS
Employees4,450
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)-4.07
Shares Outstanding28,235,245
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 Cap1.44
Enterprise Value/Revenue0.38
Enterprise Value/Gross Profit1.88
Enterprise Value/Ebitda48.10
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.26
Revenue Forecast (FY)$624.78M
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:Aug 05, 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
18
Very Negative
Balance Sheet
38
Negative
Cash Flow
33
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 804.22M | 861.26M | 908.29M | 975.82M | 899.92M | 770.46M |
| Gross Profit | 160.66M | 164.04M | 189.25M | 202.10M | 174.93M | 166.86M |
| EBITDA | 6.29M | 20.65M | -381.00K | 45.06M | 31.18M | 52.10M |
| Net Income | -113.40M | -102.83M | -16.52M | -5.18M | -14.06M | 3.41M |
Balance Sheet | ||||||
| Total Assets | 512.30M | 551.19M | 621.56M | 679.90M | 652.11M | 665.40M |
| Cash, Cash Equivalents and Short-Term Investments | 70.54M | 66.25M | 71.83M | 40.84M | 54.80M | 85.55M |
| Total Debt | 162.66M | 189.96M | 208.06M | 203.01M | 179.85M | 184.12M |
| Total Liabilities | 355.17M | 371.41M | 376.30M | 392.18M | 371.16M | 369.45M |
| Stockholders Equity | 157.14M | 179.78M | 245.26M | 287.72M | 280.94M | 295.95M |
Cash Flow | ||||||
| Free Cash Flow | -8.19M | 12.17M | 23.45M | -33.55M | -24.80M | -63.28M |
| Operating Cash Flow | 8.43M | 34.02M | 47.75M | 4.95M | 6.81M | -36.25M |
| Investing Cash Flow | 42.43M | -21.82M | -24.47M | -36.98M | -28.58M | 28.04M |
| Financing Cash Flow | -50.00M | -25.30M | 11.12M | 17.48M | -7.30M | 22.88M |
Stoneridge Technical Analysis
Positive
6.91
Price Trends
6.22
Positive
6.71
Positive
6.85
Positive
Market Momentum
0.18
Positive
60.00
Neutral
63.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SRI, the sentiment is Positive. The current price of 6.91 is below the 20-day moving average (MA) of 6.96, above the 50-day MA of 6.22, and above the 200-day MA of 6.85, indicating a bullish trend. The MACD of 0.18 indicates Positive momentum. The RSI at 60.00 is Neutral, neither overbought nor oversold. The STOCH value of 63.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
70 Outperform | $139.69M | 1.74 | 11.39% | ― | 17.64% | 42.96% | |
70 Outperform | $302.71M | 23.71 | 10.75% | ― | 4.22% | 23.13% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | $180.20M | 32.31 | -12.93% | ― | -11.44% | 50.49% | |
52 Neutral | $302.13M | 12.30 | 5.30% | ― | 1.87% | ― | |
51 Neutral | $210.35M | -1.90 | -53.45% | ― | -9.34% | -539.67% | |
51 Neutral | $209.59M | 33.64 | 0.75% | ― | 2.24% | ― |
* Consumer Cyclical Sector Average
SRI
Stoneridge
7.45
2.70
56.84%
CAAS
China Automotive Systems
4.63
0.60
14.89%
CVGI
Commercial Vehicle Group
4.97
3.64
273.68%
MPAA
Motorcar Parts Of America
10.91
-0.06
-0.55%
STRT
Strattec Security
72.44
20.60
39.74%
HLLY
Holley
2.51
0.45
21.84%
Stoneridge Corporate Events
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Stoneridge Reports Q1 2026 Results, Raises Outlook
Positive
May 7, 2026
Stoneridge reported first-quarter 2026 sales of $160.8 million, up 9.2% from the fourth quarter of 2025, with gross profit of $35 million and adjusted EBITDA of $2 million, while still posting an adjusted net loss of $20.9 million and an operating...
Business Operations and StrategyFinancial Disclosures
Stoneridge’s MirrorEye System Achieves Record Q1 2026 Sales
Positive
Apr 28, 2026
On April 28, 2026, Stoneridge reported that its MirrorEye Camera Monitor System achieved record global sales in the first quarter of 2026, with revenue up about 10% from the prior quarter, driven by strong adoption in European OEM truck programs a...
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...
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.