Itron and Connected Lighting Solutions Collaborate to Enhance Smart Lighting Infrastructure in Australia
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2025
0mins
Source: Newsfilter
Partnership Announcement: Itron, Inc. has partnered with Connected Lighting Solutions (CLS) in Australia to enhance the deployment of smart lighting technologies, including the Networked Lighting Controller and CityEdge software platform.
Local Expertise Utilization: CLS, a subsidiary of Beacon Lighting Group, will leverage its local knowledge in roadway lighting to support councils and utilities in implementing Itron's smart lighting solutions, aiming to improve public services and reduce emissions.
Comprehensive Support: The partnership will provide end-to-end support for customers, including project design, deployment, and maintenance of Itron's smart lighting technology, which features capabilities like remote monitoring and real-time outage detection.
Strategic Goals: This collaboration aims to strengthen Itron's presence in Australia, facilitating easier access to smart lighting solutions and promoting efficient, reliable, and future-ready lighting deployments across urban areas.
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Analyst Views on ITRI
Wall Street analysts forecast ITRI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ITRI is 137.13 USD with a low forecast of 118.00 USD and a high forecast of 150.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 100.190
Low
118.00
Averages
137.13
High
150.00
Current: 100.190
Low
118.00
Averages
137.13
High
150.00
About ITRI
Itron, Inc. provides energy, water, smart city, Industrial Internet of Things (IIoT) and intelligent infrastructure services. The Company's Device Solutions segment primarily includes hardware products used for measurement, control, or sensing that can have communications capability embedded for use with its broader Itron systems, which is hardware-based products. Its Networked Solutions segment primarily includes a combination of communicating devices (smart meters, modules, endpoints, and sensors), network infrastructure, network design services, and associated head-end management and application software designed and sold as a complete solution for acquiring and transporting application-specific data. Its Outcomes segment includes its value-added, enhanced software and services, in which it enables grid edge intelligence and manage, organize, analyze, and interpret raw, anonymized data using artificial intelligence, machine learning, statistical modeling, and other analytics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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