Itron, Inc. (ITRI)
NASDAQ: ITRI · Real-Time Price · USD
82.48
-1.11 (-1.33%)
At close: May 29, 2026, 4:00 PM EDT
82.00
-0.48 (-0.58%)
After-hours: May 29, 2026, 7:29 PM EDT
Itron Stock Forecast
Stock Price Forecast
According to 13 analysts polled by S&P Global, Itron stock has a consensus rating of "Buy" and an average price target of $126.7. The average 1-year stock price forecast is 53.61% higher than the current stock price, while the lowest is $112 (+35.79%) and the highest is $145 (+75.80%).
Price Target: $126.7 (+53.61%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 7 | 7 | 7 | 7 |
| Buy | 3 | 2 | 2 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Buy Reiterates $124 → $116 | Buy | Reiterates | $124 → $116 | +40.64% | May 4, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $113 → $112 | Buy | Maintains | $113 → $112 | +35.79% | May 1, 2026 |
| Guggenheim | Guggenheim | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 29, 2026 |
| Oppenheimer | Oppenheimer | Buy Reiterates $135 | Buy | Reiterates | $135 | +63.68% | Apr 29, 2026 |
| Roth MKM | Roth MKM | Buy Maintains $150 → $136 | Buy | Maintains | $150 → $136 | +64.89% | Apr 29, 2026 |
Financial Forecast
Revenue This Year
2.44B
from 2.37B
Increased by 2.86%
Revenue Next Year
2.59B
from 2.44B
Increased by 6.37%
EPS This Year
6.07
from 6.50
Decreased by -6.60%
EPS Next Year
6.76
from 6.07
Increased by 11.43%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.6B | 2.8B | |
| Avg | 2.4B | 2.6B | |
| Low | 2.3B | 2.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 8.1% | 14.3% | |
| Avg | 2.9% | 6.4% | |
| Low | -4.4% | -3.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.52 | 7.72 | |
| Avg | 6.07 | 6.76 | |
| Low | 5.61 | 5.25 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.3% | 27.1% | |
| Avg | -6.6% | 11.4% | |
| Low | -13.8% | -13.5% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.