Itron, Inc. (ITRI)
NASDAQ: ITRI · Real-Time Price · USD
118.93
+2.56 (2.20%)
Nov 22, 2024, 4:00 PM EST - Market closed

Itron Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Itron stock have an average target of 119.73, with a low estimate of 68 and a high estimate of 136. The average target predicts an increase of 0.67% from the current stock price of 118.93.

Analyst Consensus: Buy
Target Low Average Median High
Price $68 $119.73 $124 $136
Change -42.82% +0.67% +4.26% +14.35%

Analyst Ratings

The average analyst rating for Itron stock from 12 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 565555
Buy 222222
Hold 655555
Sell 000000
Strong Sell 000000
Total 131312121212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Guggenheim
Guggenheim
Strong Buy
Maintains
$128$135
Strong Buy Maintains $128$135 +13.51% Nov 6, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$125$136
Strong Buy Maintains $125$136 +14.35% Nov 1, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$125$130
Strong Buy Maintains $125$130 +9.31% Nov 1, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$110$119
Hold Maintains $110$119 +0.06% Nov 1, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$120$124
Buy Maintains $120$124 +4.26% Nov 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.48B
from 2.17B
Increased by 14.09%
Revenue Next Year
2.51B
from 2.48B
Increased by 1.13%
EPS This Year
5.44
from 2.11
Increased by 157.70%
EPS Next Year
5.04
from 5.44
Decreased by -7.27%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.50B2.17B1.98B1.80B2.17B2.48B2.51B2.65B
Revenue Growth
5.32%-13.15%-8.82%-9.39%21.06%14.09%1.13%5.50%
EPS
1.23-1.44-1.83-0.222.115.445.045.87
EPS Growth
-----157.70%-7.27%16.48%
Forward PE
-----21.8723.5920.25
No. Analysts -----181813
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.6B 2.7B 2.8B
Avg 2.5B 2.5B 2.6B
Low 2.4B 2.3B 2.5B

Revenue Growth

Revenue Growth 2024202520262027
High
17.6%
7.9%
12.0%
Avg
14.1%
1.1%
5.5%
Low
9.4%
-7.1%
-0.4%

EPS Forecast

EPS 2024202520262027
High 5.64 5.66 6.84
Avg 5.44 5.04 5.87
Low 5.20 4.53 5.16

EPS Growth

EPS Growth 2024202520262027
High
167.2%
4.1%
35.6%
Avg
157.7%
-7.3%
16.5%
Low
146.6%
-16.7%
2.4%
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.