
Stoneridge (SRI) Stock Forecast & Price Target
Stoneridge (SRI) Analyst Ratings
Bulls say
Stoneridge Inc. reported a 1.8% increase in Q4/24 Electronics sales, amounting to $149.4 million, primarily fueled by the success of the MirrorEye and Smart 2 Tachograph programs, alongside strong contributions from the European off-highway market. The company's expectations for significant growth from the MirrorEye program, projected to generate approximately $120 million in revenue for 2024, indicate robust demand and strategic positioning in the OEM end markets, with an anticipated growth rate of 75% year-over-year. Furthermore, Stoneridge is targeting an improvement in gross margins to around 22.25% for 2025, reflecting effective cost management initiatives, which further supports a positive outlook for the company's financial health.
Bears say
Stoneridge Inc. has reported a significant decline in its adjusted operating margins, with Q4/24 margins reducing to 3.6%, a drop of 390 basis points year-over-year, primarily due to decreased customer reimbursements and increased selling, general, and administrative (SG&A) costs. Additionally, the Control Devices segment experienced a notable sales decline of 16.3% to $63.2 million compared to Q4/23, as a result of reduced production volumes in the North American passenger vehicle market and the anticipated wind-down of end-of-life programs, compounded by lower sales in China. For Q1/25, the company forecasts revenue to be slightly below Q4/24 levels, further indicating a negative trajectory in both revenue and sales performance within key market segments.
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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