
Stoneridge (SRI) Stock Forecast & Price Target
Stoneridge (SRI) Analyst Ratings
Bulls say
Stoneridge Inc. has demonstrated a positive sales trajectory in its Electronics segment, with Q4 2024 sales reaching $149.4 million, reflecting a 1.8% increase compared to adjusted sales in Q4 2023, primarily fueled by the successful ramp-up of key programs like MirrorEye and Smart 2 Tachograph. The company anticipates significant revenue growth from MirrorEye, projecting an increase of approximately $54 million in 2024, which could position total sales from this program around $120 million, supported by improving take rates as new truck models are released. Additionally, Stoneridge's guidance for 2025 predicts continued revenue growth for the Electronics segment, bolstered by advancements in material cost improvements and expectations of a gross margin increase to about 22.25%, marking a notable enhancement in profitability.
Bears say
Stoneridge Inc. has experienced a significant decline in its adjusted operating margins, with Q4/24 reporting a decrease of 390 basis points to 3.6% due to reduced customer reimbursements and rising selling, general, and administrative (SG&A) costs. Additionally, the company's Control Devices segment saw a 16.3% drop in sales year-over-year, attributed to decreased production volumes in the North American passenger vehicle market and the phase-out of end-of-life programs. Projections for Q1/25 indicate a continued decline in revenue, with expectations of lower sales following a record quarter for SMART 2 Tachograph products.
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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