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Itron Secures $750 Million Credit Agreement

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Itron Secures $750 Million Credit Agreement

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An announcement from Itron ( (ITRI) ) is now available.

On September 25, 2025, Itron, Inc. announced a third amended and restated credit agreement, securing $750 million in committed credit facilities. This agreement includes a multi-currency revolving line of credit, which will be utilized for working capital, general corporate purposes, and issuing letters of credit. The agreement, which amends the company’s previous credit agreement from January 5, 2018, has a maturity date of September 25, 2030, with provisions for early maturity if certain conditions are not met. The credit facilities include specific interest rate options and leverage ratio covenants, impacting the company’s financial flexibility and operational strategies.

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. operates in the technology sector, providing solutions for energy and water resource management. The company’s primary products and services include advanced metering infrastructure, smart grid technologies, and data analytics, with a market focus on utilities and municipalities.

Average Trading Volume: 639,268

Technical Sentiment Signal: Buy

Current Market Cap: $5.67B

Find detailed analytics on ITRI stock on TipRanks’ Stock Analysis page.

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