Itron, Inc. (ITRI)
NASDAQ: ITRI · IEX Real-Time Price · USD
98.79
+0.61 (0.62%)
At close: Jul 2, 2024, 4:00 PM
100.60
+1.81 (1.83%)
After-hours: Jul 2, 2024, 5:18 PM EDT
Itron Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Itron stock have an average target of 101.18, with a low estimate of 68 and a high estimate of 120. The average target predicts an increase of 2.42% from the current stock price of 98.79.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Itron stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 5 | 5 |
| Buy | 3 | 4 | 4 | 4 | 2 | 2 |
| Hold | 6 | 5 | 5 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $115 → $120 | Strong Buy | Maintains | $115 → $120 | +21.47% | Jun 20, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $109 | Buy → Hold | Downgrades | $109 | +10.34% | May 21, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $85 → $110 | Hold | Maintains | $85 → $110 | +11.35% | May 6, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $105 → $115 | Strong Buy | Maintains | $105 → $115 | +16.41% | May 3, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $110 → $115 | Strong Buy | Maintains | $110 → $115 | +16.41% | May 3, 2024 |
Financial Forecast
Revenue This Year
2.43B
from 2.17B
Increased by 11.75%
Revenue Next Year
2.53B
from 2.43B
Increased by 4.28%
EPS This Year
4.13
from 2.11
Increased by 95.52%
EPS Next Year
4.57
from 4.13
Increased by 10.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.5B | 2.7B | 2.8B | 2.9B |
| Avg | 2.4B | 2.5B | 2.7B | 2.8B |
| Low | 2.3B | 2.4B | 2.5B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 17.1% | 11.6% | 9.3% | 9.0% |
| Avg | 11.7% | 4.3% | 4.9% | 5.3% |
| Low | 6.0% | -3.2% | -0.4% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.53 | 5.43 | 6.10 | 7.36 |
| Avg | 4.13 | 4.57 | 5.38 | 6.48 |
| Low | 3.70 | 4.05 | 4.81 | 5.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 114.5% | 31.6% | 33.4% | 36.9% |
| Avg | 95.5% | 10.8% | 17.6% | 20.5% |
| Low | 75.6% | -1.9% | 5.1% | 3.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.