Itron, Inc. (ITRI)
NASDAQ: ITRI · Real-Time Price · USD
94.65
-1.92 (-1.99%)
Sep 9, 2026, 4:00 PM EDT - Market closed

Itron Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Itron stock has a consensus rating of "Buy" and an average price target of $129.6. The average 1-year stock price forecast is 36.93% higher than the current stock price, while the lowest is $115 (+21.50%) and the highest is $150 (+58.48%).

Price Target: $129.6 (+36.93%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$115$129.6$130$150
Change+21.50%+36.93%+37.35%+58.48%
* Price targets were last updated on Aug 3, 2026.

Analyst Ratings

The average analyst rating for Itron stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy777777
Buy333333
Hold222222
Sell011110
Strong Sell000000
Total121313131312

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$112$117
BuyMaintains$112$117+23.61%Aug 3, 2026
Seaport Global
Seaport Global
Buy
Maintains
$145$150
BuyMaintains$145$150+58.48%Jul 29, 2026
Oppenheimer
Oppenheimer
Buy
Reiterates
$135
BuyReiterates$135+42.63%Jul 29, 2026
Guggenheim
Guggenheim
Hold
Reiterates
n/a
HoldReiteratesn/an/aJul 29, 2026
Needham
Needham
Buy
Reiterates
$128
BuyReiterates$128+35.24%Jul 29, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.39B
from 2.37B
Increased by 0.92%
Revenue Next Year
2.55B
from 2.39B
Increased by 6.58%
EPS This Year
6.42
from 7.13
Decreased by -9.94%
EPS Next Year
6.92
from 6.42
Increased by 7.71%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.98B1.80B2.17B2.44B2.37B2.39B
Revenue Growth
-8.82%-9.39%21.06%12.29%-3.02%0.92%
Gross Profit
573.17M522.19M713.91M839.32M892.12M964.31M
Gross Margin
28.92%29.08%32.84%34.39%37.69%40.37%
Operating Income
36.88M17.85M171.15M265.15M313.26M316.08M
Net Income
-81.26M-9.73M96.92M239.11M301.06M239.38M
EPS
----7.136.42
EPS Growth
----26.87%-9.94%
Forward PE
39.6844.5425.7323.5314.1514.74
Free Cash Flow
206.18M38.30M87.51M211.27M267.76M307.22M
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High2.4B
Avg2.4B
Low2.4B

Revenue Growth

Revenue Growth202620272028
High
1.6%
Avg
0.9%
Low
0.2%

EPS Forecast

EPS202620272028
High6.49
Avg6.42
Low6.37

EPS Growth

EPS Growth202620272028
High
-9.0%
Avg
-9.9%
Low
-10.7%