Itron, Inc. (ITRI)
NASDAQ: ITRI · Real-Time Price · USD
98.43
+1.43 (1.47%)
At close: Apr 17, 2026, 4:00 PM EDT
98.00
-0.43 (-0.44%)
Pre-market: Apr 20, 2026, 6:02 AM EDT
Itron Stock Forecast
Stock Price Forecast
The 8 analysts that cover Itron stock have a consensus rating of "Buy" and an average price target of $128.88, which forecasts a 30.94% increase in the stock price over the next year. The lowest target is $113 and the highest is $150.
Price Target: $128.88 (+30.94%)
Analyst Consensus: Buy
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
| Rating | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $133 → $113 | Buy | Maintains | $133 → $113 | +14.80% | Apr 16, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $133 → $135 | Buy | Maintains | $133 → $135 | +37.15% | Apr 16, 2026 |
| Needham | Needham | Strong Buy Initiates $124 | Strong Buy | Initiates | $124 | +25.98% | Mar 6, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $125 → $133 | Buy | Maintains | $125 → $133 | +35.12% | Feb 18, 2026 |
| Baird | Baird | Hold → Buy Upgrades $118 → $128 | Hold → Buy | Upgrades | $118 → $128 | +30.04% | Feb 18, 2026 |
Financial Forecast
Revenue This Year
2.48B
from 2.37B
Increased by 4.64%
Revenue Next Year
2.64B
from 2.48B
Increased by 6.62%
EPS This Year
6.14
from 6.50
Decreased by -5.58%
EPS Next Year
7.00
from 6.14
Increased by 14.08%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.6B | 2.8B | |
| Avg | 2.5B | 2.6B | |
| Low | 2.4B | 2.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 11.1% | 14.9% | |
| Avg | 4.6% | 6.6% | |
| Low | -0.7% | -0.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.65 | 8.11 | |
| Avg | 6.14 | 7.00 | |
| Low | 5.62 | 6.19 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.3% | 32.1% | |
| Avg | -5.6% | 14.1% | |
| Low | -13.6% | 0.9% |
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.