Stoneridge posts Q2 sales of  $228 mln

Stoneridge

06/08/2025 22:34

Overview

Stoneridge Q2 sales $228 mln, gross profit $48.9 mln, operating loss $2.6 mln

Co announces largest business award in history for MirrorEye program

Co reviewing strategic alternatives for Control Devices business

Outlook

Stoneridge maintains full-year revenue guidance of $860 mln to $890 mln

Company updates adjusted EBITDA guidance to $34 mln to $38 mln

Stoneridge expects foreign currency benefits to offset production volume reductions

Result Drivers

MIRROREYE SALES - MirrorEye system sets quarterly sales record with 21% growth, driven by OEM program ramp-up

MATERIAL COSTS - Higher material costs and unfavorable sales mix impact adjusted operating margin

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
$228 mln
Q2 Gross Profit
$48.90 mln
Q2 Operating Income
-$2.60 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

Wall Street's median 12-month price target for Stoneridge Inc is $14.00, about 45.5% above its August 6 closing price of $7.63

Press Release: ID:nPn9qwNBCa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)