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Itron Acquires Urbint to Boost AI Solutions

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Itron Acquires Urbint to Boost AI Solutions

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Itron ( (ITRI) ) has issued an announcement.

On October 6, 2025, Itron, Inc. announced its acquisition of Urbint, Inc., a software company based in Miami, Florida, for $325 million. This acquisition aims to enhance Itron’s offerings by integrating Urbint’s AI-powered operational resilience solutions, which help utilities manage aging infrastructure and extreme weather challenges. The transaction is expected to close in the fourth quarter of 2025 and will be funded through cash on hand.

The most recent analyst rating on (ITRI) stock is a Buy with a $139.00 price target. To see the full list of analyst forecasts on Itron stock, see the ITRI Stock Forecast page.

Spark’s Take on ITRI Stock

According to Spark, TipRanks’ AI Analyst, ITRI is a Outperform.

Itron’s overall stock score reflects its strong financial performance and profitability, despite facing revenue challenges. The company’s effective cash management and strategic wins are significant strengths, while the revised revenue outlook and moderate technical indicators present some risks.

To see Spark’s full report on ITRI stock, click here.

More about Itron

Itron, Inc. is a company focused on transforming how the world manages energy, water, and city services. It provides intelligent infrastructure solutions that help utilities and cities improve efficiency, build resilience, and deliver safe, reliable, and affordable services. By leveraging edge intelligence, Itron connects people, data insights, and devices to help communities better manage essential resources.

Average Trading Volume: 642,342

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.73B

See more data about ITRI stock on TipRanks’ Stock Analysis page.

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