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ITRI Stock Chart & Stats
$98.73
$0.29(0.35%)
At close: 4:00 PM EDT
$98.73
$0.29(0.35%)
Day’s Range― - ―
52-Week Range$77.77 - $142.00
Previous CloseN/A
Volume555.88K
Average Volume (3M)577.65K
Market Cap
$3.60B
Enterprise Value$4.74B
Total Cash (Recent Filing)$745.23M
Total Debt (Recent Filing)$147.61M
Price to Earnings (P/E)13.7
Beta1.05
Next Earnings
Oct 27, 2026EPS Estimate
1.56Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.08
Shares Outstanding43,786,755
10 Day Avg. Volume565,618
30 Day Avg. Volume577,648
Financial Highlights & Ratios
PEG Ratio0.55
Price to Book (P/B)2.46
Price to Sales (P/S)1.78
P/FCF Ratio11.09
Enterprise Value/Market Cap1.32
Enterprise Value/Revenue2.06
Enterprise Value/Gross Profit5.16
Enterprise Value/Ebitda11.87
Forecast
1Y Price Target
$130.17Price Target Upside31.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)6.42
Revenue Forecast (FY)$2.39B
Bulls Say, Bears Say
Bulls Say
Recurring Revenue GrowthStrong ARR growth shows increasing adoption of Itron’s software, services, and subscription offerings. A larger recurring-revenue base can make the business more predictable, improve customer retention, and support higher-quality growth as utility modernization programs expand.
Margin ExpansionMaterial gross-margin expansion across Itron’s segments indicates improved operating execution and a more favorable mix. Sustained margin gains can increase earnings leverage, strengthen cash generation, and provide greater flexibility to invest in products and customer deployments.
Cash GenerationFree cash flow nearly matching net income indicates strong earnings quality and useful internal funding capacity. This supports continued reinvestment, potential deleveraging, and capital returns without relying as heavily on external financing for strategic priorities.
Bears Say
Revenue SlowdownThe recent revenue decline suggests Itron’s growth trajectory has slowed from its earlier expansion. A sustained plateau would limit operating leverage, reduce the pace of backlog conversion, and make future earnings growth more dependent on margin improvement rather than demand growth.
Project Timing VolatilityDependence on regulatory approvals and project milestones can shift bookings and deployments between periods, making revenue less predictable even when underlying demand remains healthy. This volatility complicates planning, creates uneven utilization, and can delay conversion of backlog into reported sales.
Water Market WeaknessWeakness in the water vertical creates a focused demand headwind within Itron’s utility customer base. If softer conditions persist, they could slow project awards and deployment volumes in that market, reducing diversification benefits while stronger electricity or gas demand carries more of the growth burden.
Itron News
ITRI FAQ
What was Itron Inc’s price range in the past 12 months?
Itron Inc lowest stock price was $77.77 and its highest was $142.00 in the past 12 months.
What is Itron Inc’s market cap?
Itron Inc’s market cap is $3.60B.
When is Itron Inc’s upcoming earnings report date?
Itron Inc’s upcoming earnings report date is Oct 27, 2026 which is in 6 days.
How were Itron Inc’s earnings last quarter?
Itron Inc released its earnings results on Jul 28, 2026. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.286 by $0.304.
Is Itron Inc overvalued?
According to Wall Street analysts Itron Inc’s price is currently Undervalued.
Does Itron Inc pay dividends?
Itron Inc does not currently pay dividends.
What is Itron Inc’s EPS estimate?
Itron Inc’s EPS estimate is 1.56.
How many shares outstanding does Itron Inc have?
Itron Inc has 43,786,755 shares outstanding.
What happened to Itron Inc’s price movement after its last earnings report?
Itron Inc reported an EPS of $1.59 in its last earnings report, beating expectations of $1.286. Following the earnings report the stock price went up 26.233%.
Which hedge fund is a major shareholder of Itron Inc?
Currently, no hedge funds are holding shares in ITRI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Itron Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$130.17 (31.84% Upside)
$130.17 (31.84% Upside)
Blogger Sentiment
Bullish
ITRI Sentiment 67%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 471.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $859.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.45%
12-Months-Change
Fundamentals
Return on Equity
16.52%
Trailing 12-Months
Asset Growth
10.20%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Itron Inc
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; network design services; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also products and software for the implementation, installation, and management of communicating devices and data networks; offers industrial internet of things solutions, including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; grid edge devices; distribution automation communications; smart lighting; and smart city sensors and applications. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning, statistical modeling, and other analytics. The Resiliency Solutions segment offers software and services. The company offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.
ITRI Company Deck
ITRI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a broadly constructive outlook: record and structurally higher margins, strong ARR growth (+21% YoY), improving adjusted EBITDA (+8% YoY), healthy backlog ($4.4B) and a narrowed/upgraded earnings outlook. Offsetting items included quarter-to-quarter revenue timing pressures (Networked Solutions -17% YoY), a modest decline in free cash flow and GAAP earnings compression due to lower interest income and a higher tax rate. Management emphasized durable demand drivers, record pipeline levels and operational improvements that support continued margin and recurring revenue growth.View all ITRI earnings summariesITRI Stock 12 Month Forecast
Average Price Target
$130.17
▲(31.84% Upside)
Technical Analysis
Ownership Overview
1.65% Insiders
26.92% Mutual Funds
0.62% Other Institutional Investors
35.54% Public Companies and
Individual Investors