Stoneridge Q2 revenue rises on record MirrorEye sales
SRI•Analyst view
The one available analyst rating on the shares is hold.
The average consensus recommendation for the auto, truck & motorcycle parts peer group is buy.
What drove the quarter
- MirrorEye sales rose 39% year over year, contributing to overall revenue growth.
- A strategic shift to higher-value OEM programs in Brazil drove sales and operating income growth.
- Expense control and operational efficiencies improved profitability, according to CEO Natalia Noblet.
Outlook reaffirmed for 2026
Stoneridge reaffirmed its 2026 revenue guidance of $645 million to $670 million.
The company maintained its 2026 adjusted EBITDA forecast of $20 million to $25 million, or a 3.1% to 3.7% margin, and expects 2026 adjusted gross margin of 21.5% to 22.0%.
Q2 revenue rises on record MirrorEye sales
Stoneridge said second-quarter revenue grew 15% year over year, driven by North America and Brazil.
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