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Professor Stranks' research focuses on the optical and electronic properties of emerging semiconductors including halide perovskites, carbon allotropes and organic semiconductors for low-cost electronics applications such as photovoltaics and lighting. 

He received the 2016 IUPAP Young Scientist in Semiconductor Physics Prize, the 2017 Early Career Prize from the European Physical Society, the 2018 Henry Moseley Award and Medal from the Institute of Physics, the 2019 Marlow Award from the Royal Society of Chemistry, the 2021 IEEE Stuart Wenham Award, the 2021 Leverhulme Prize in Physics, the 2021 EES Lectureship and the 2022 Lem Prize.

In 2016 he was named a TED Fellow, and in 2017 he was listed by the MIT Technology Review as one of the 35 under 35 innovators in Europe. Professor Stranks is a co-founder of , a startup developing lightweight perovskite PV panels, and , a not-for-profit developing education for school-age children around climate change solutions. He is also an Associate Editor at the AAAS journal , and sits on the Editorial Boards for the journals  and .