
Stoneridge (SRI) Stock Forecast & Price Target
Stoneridge (SRI) Analyst Ratings
Bulls say
Stoneridge Inc. has demonstrated a positive outlook for its Electronics segment, with Q4/24 sales increasing by 1.8% year-over-year to $149.4 million, primarily due to the successful ramp-up of the MirrorEye and Smart 2 Tachograph programs, alongside strong performance in the European off-highway market. The company anticipates substantial revenue growth from the MirrorEye program, projecting approximately $54 million or 75% growth in 2024, with expectations for continued robust sales through 2025 as new truck models are introduced. Additionally, Stoneridge is focused on enhancing gross margins through material cost improvements and manufacturing efficiencies, targeting a midpoint gross margin of approximately 22.25% for 2025, representing a 135-basis point increase compared to 2024.
Bears say
Stoneridge Inc. reported a concerning decline in its adjusted operating margins, with Q4/24 margins at 3.6%, a decrease of 390 basis points year-over-year, attributed to reduced customer reimbursements and rising selling, general, and administrative (SG&A) costs. Additionally, the Control Devices segment experienced a significant sales downturn of 16.3% compared to the previous year, driven by diminished production volumes in the North American passenger vehicle market and the anticipated closure of end-of-life programs. Looking ahead, Stoneridge expects Q1/25 revenues to fall slightly below Q4/24 levels, particularly due to decreasing sales in its Control Devices segment.
This aggregate rating is based on analysts' research of Stoneridge and is not a guaranteed prediction by Public.com or investment advice.
Stoneridge (SRI) Analyst Forecast & Price Prediction
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