Itron, Inc. (ITRI)
| Market Cap | 3.63B -26.4% |
| Revenue (ttm) | 2.35B -4.0% |
| Net Income | 289.04M +14.3% |
| EPS | 6.27 +14.3% |
| Shares Out | 44.34M |
| PE Ratio | 13.06 |
| Forward PE | 13.75 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 654,795 |
| Open | 81.77 |
| Previous Close | 81.14 |
| Day's Range | 81.43 - 82.97 |
| 52-Week Range | 78.53 - 142.00 |
| Beta | 1.35 |
| Analysts | Buy |
| Price Target | 129.00 (+57.57%) |
| Earnings Date | Apr 28, 2026 |
About ITRI
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as s... [Read more]
Financial Performance
In 2025, Itron's revenue was $2.37 billion, a decrease of -3.02% compared to the previous year's $2.44 billion. Earnings were $301.06 million, an increase of 25.91%.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for ITRI stock is "Buy." The 12-month stock price target is $129.0, which is an increase of 57.57% from the latest price.
News
Itron Transcript: AGM 2026
The meeting confirmed quorum, approved all proposals including director elections and auditor ratification, and saw no questions from shareholders. The CEO acknowledged employee contributions and the importance of supporting global customers.
Itron price target lowered to $130 from $145 at TD Cowen
TD Cowen analyst Jeff Osborne lowered the firm’s price target on Itron (ITRI) to $130 from $145 and keeps a Buy rating on the shares. The firm said 1Q26 results
Itron price target lowered to $136 from $150 at Roth Capital
Roth Capital analyst Chip Moore lowered the firm’s price target on Itron (ITRI) to $136 from $150 and keeps a Buy rating on the shares after its Q1 results and
Itron price target lowered to $118 from $128 at Baird
Baird analyst Ben Kallo lowered the firm’s price target on Itron (ITRI) to $118 from $128 and keeps an Outperform rating on the shares. The firm updated its model following
Itron management to meet virtually with Needham
Virtual Meeting to be held on May 1 hosted by Needham.
Itron Earnings Call Transcript: Q1 2026
Revenue and margins exceeded expectations in Q1, driven by accelerated deployments and strong recurring revenue growth. Backlog remains robust, with integration of recent acquisitions progressing well and guidance reaffirmed for a back-half weighted year.
Itron reports Q1 EPS $1.49, consensus $1.24
Reports Q1 revenue $586.98M, consensus $572.14M. “Itron’s (ITRI) first quarter results were ahead of our expectations on strong execution and certain projects running ahead of schedule, resulting in r...
Itron sees Q2 EPS $1.25-$1.35, consensus $1.46
Sees Q2 revenue $560M-$570M, consensus $606.97M. The company said, “Total backlog at quarter end was $4.4 billion compared with $4.7 billion in the prior year. Bookings in the quarter totaled
Itron Announces First Quarter 2026 Financial Results
LIBERTY LAKE, Wash., April 28, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today financial results ...
Critical infrastructure giant Itron says it was hacked
American energy technology company Itron has confirmed it was hit by a cyberattack in mid-April and that hackers had gained access to some of its systems.
Itron resumed with an Underperform at Raymond James
Raymond James resumed coverage of Itron (ITRI) with an Underperform rating. The industry and the business are moderating off what appears to be an unsustainably high amount of advanced metering
Itron price target lowered to $113 from $133 at JPMorgan
JPMorgan lowered the firm’s price target on Itron (ITRI) to $113 from $133 and keeps an Overweight rating on the shares. The firm adjusted targets in the clean energy and
Itron price target raised to $135 from $133 at Oppenheimer
Oppenheimer raised the firm’s price target on Itron (ITRI) to $135 from $133 and keeps an Outperform rating on the shares ahead of the Q1 report. The firm cites stronger
Itron and Ausgrid Advance Energy Resource Integration to Millions of Consumers in Eastern Australia
LIBERTY LAKE, Wash., March 18, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced that it is extending its...
Itron Brings AI-Powered Distributed Intelligence Capabilities to Electric Grid with NVIDIA
LIBERTY LAKE, Wash., March 16, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), the intelligent infrastructure provider for modern energy and water management, is expanding artificial intelligence...
Itron initiated with a Buy at Needham
Needham initiated coverage of Itron (ITRI) with a Buy rating and $124 price target Itron holds a “structurally dominant position” in North American smart metering with 35% of the installed
Itron Expands Headend Software Suite to Support Cellular Gas and Water Modules
Itron has expanded its universal software suite to support two communication modules: the Itron Cellular 500G Module and the Itron Cellular 500W Module.
Itron Prices Upsized $700.0 Million 0.00% Convertible Senior Notes Offering
LIBERTY LAKE, Wash., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI) (the “Company”), which is innovating new ways for utilities and cities to manage energy and water, today announced the...
Itron announces $600M convertible senior notes
Itron (ITRI) intends to commence a private offering, subject to market and other conditions, of $600M aggregate principal amount of convertible senior notes due 2032 to persons reasonably believed to
Itron price target raised to $133 from $125 at Oppenheimer
Oppenheimer raised the firm’s price target on Itron (ITRI) to $133 from $125 and keeps an Outperform rating on the shares. The firm notes shares traded up Tuesday after Itron
Itron upgraded to Outperform from Neutral at Baird
Baird upgraded Itron (ITRI) to Outperform from Neutral with a price target of $128, up from $118. The company when reporting Q4 outlined a “compelling multi-year opportunity” regarding its positioning
Itron Earnings Call Transcript: Q4 2025
Record Q4 profitability driven by Grid Edge Intelligence and strategic acquisitions, with strong bookings and backlog. 2026 guidance calls for modest revenue growth and EPS dilution from acquisitions, but recurring revenue and margins are set to rise.
Itron reports Q4 EPS $2.46, consensus $2.19
Reports Q4 revenue $572M, consensus $561.52M. “Grid Edge Intelligence platform adoption drove strong financial results in the fourth quarter,” said Tom Deitrich, Itron’s (ITRI) president and CEO. “We ...
Itron sees Q1 EPS $1.20-$1.30, consensus $1.35
Sees Q1 revenue $565M-$575M, consensus $593.21M
PG&E and Itron Expand Collaboration to Enhance Customer Experience and Improve Grid Management with Distributed Intelligence
PG&E and Itron are embarking on the next phase of their collaboration to transform the energy landscape, enhance the customer experience and improve grid.