Stoneridge, Inc. (SRI)

Over the past six months, Stoneridge, Inc. stock price has declined by 17.36%. Key events include the Q3 2025 earnings report with a net loss of $(9.4) million and a subsequent 16.3% share decline, and the Q2 2025 earnings report with an EPS of -$0.34. The company announced an extension of a global MirrorEye program through 2033 and a new MirrorEye OEM award. A strategic review of the Control Devices segment was initiated, and Stoneridge Brazil secured its largest OEM business award. MirrorEye® Multi-Purpose II (MP II) was launched for buses and rigid vehicles in Europe. The company updated its full-year 2025 revenue guidance to $860 million to $870 million. Changes to executive compensation agreements were also announced.

Stoneridge, Inc. experiences some demand seasonality for its products and services. The Electronics segment in Europe has been impacted by third-quarter seasonality, leading to lower customer production volumes. The seasonality of expected reimbursements can create volatility, particularly in the fourth quarter.

Stoneridge, Inc. is a global supplier of electrical and electronic systems and technologies for the transportation industry, operating in automotive, commercial vehicle, agricultural, motorcycle, and off-highway vehicle markets. The company is segmented into Control Devices, Electronics, and Stoneridge Brazil. Its major products include advanced vision systems like MirrorEye, regulatory-compliant driver information systems, electromechanical components, connectivity and compliance solutions, vehicle tracking devices and monitoring services, and aftermarket multimedia and alarms.

Stoneridge, Inc. has a global presence, serving customers from 15 countries across five continents with operations in North America, South America, Europe, and Asia Pacific. It also has a joint venture in India, Minda Stoneridge Instruments Ltd. The corporate headquarters are located in Novi, Michigan, USA.

Stoneridge's brand reputation has been positively influenced by its focus on delivering safe and efficient electronics systems and technologies, emphasizing vehicle intelligence, safety, and security. The growth and new program awards for its MirrorEye system have bolstered its reputation as a leader in advanced vision systems. Stoneridge also highlights its commitment to environmental responsibility, with an ESG Steering Committee focused on evaluating and reducing its carbon footprint.

Stoneridge, Inc. is largely controlled by institutional shareholders, who collectively own 78% of the company. Major institutional owners include 22nw, Lp, Vanguard Group Inc, Dimensional Fund Advisors Lp, Ewing Morris & Co. Investment Partners Ltd., BlackRock, Inc., Millennium Management Llc, AYAL Capital Advisors Ltd, Federated Hermes, Inc., Royce & Associates Lp and ArrowMark Colorado Holdings LLC. The largest individual shareholder is D. M. Draime, who owns 20.17% of the company.