Itron, Inc. (ITRI)
NASDAQ: ITRI · IEX Real-Time Price · USD
89.70
-0.79 (-0.87%)
Apr 19, 2024, 2:09 PM EDT - Market open
Itron Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Itron stock have an average target of 88.1, with a low estimate of 68 and a high estimate of 115. The average target predicts a decrease of -1.78% from the current stock price of 89.70.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 3 | 3 | 4 | 4 | 4 |
| Hold | 5 | 5 | 6 | 5 | 5 | 5 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $105 → $103 | Buy | Maintains | $105 → $103 | +14.83% | Apr 11, 2024 |
| TD Cowen | TD Cowen | Buy Maintains $107 → $110 | Buy | Maintains | $107 → $110 | +22.63% | Mar 13, 2024 |
| Baird | Baird | Buy Maintains $108 → $115 | Buy | Maintains | $108 → $115 | +28.21% | Mar 13, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $77 → $92 | Hold | Maintains | $77 → $92 | +2.56% | Mar 13, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $91 → $105 | Buy | Maintains | $91 → $105 | +17.06% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
2.39B
from 2.17B
Increased by 9.77%
Revenue Next Year
2.50B
from 2.39B
Increased by 4.95%
EPS This Year
3.68
from 2.11
Increased by 74.23%
EPS Next Year
4.43
from 3.68
Increased by 20.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5B | 2.7B | 2.7B |
| Avg | 2.4B | 2.5B | 2.6B |
| Low | 2.3B | 2.4B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.7% | 11.7% | 8.7% |
| Avg | 9.8% | 4.9% | 5.0% |
| Low | 4.2% | -1.4% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.99 | 5.25 | 6.17 |
| Avg | 3.68 | 4.43 | 5.32 |
| Low | 3.33 | 3.73 | 4.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 89.1% | 42.8% | 39.5% |
| Avg | 74.2% | 20.4% | 20.2% |
| Low | 57.9% | 1.6% | 6.1% |
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.