New Board Appointment: Itron, Inc. has appointed Scott Drury, former CEO of Southern California Gas Company, to its board of directors effective immediately.
Industry Experience: Drury brings over 35 years of experience in the electric and natural gas industry, having led significant transformations and enhanced shareholder value at major utilities.
Strategic Insight: His background as a utility leader and recent experience as an Itron customer will provide valuable insights into the challenges faced by Itron's customers.
Company Vision: Itron aims to innovate how energy and water are managed, focusing on improving efficiency and resilience for utilities and cities through intelligent infrastructure solutions.
ITRI
$95.22+Infinity%1D
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 138.43 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.
8 Analyst Rating
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 138.43 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.
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 96.180
Low
118.00
Averages
138.43
High
150.00
Current: 96.180
Low
118.00
Averages
138.43
High
150.00
Seaport Research
Buy
maintain
$140 -> $138
2025-11-25
Reason
Seaport Research
Price Target
$140 -> $138
2025-11-25
maintain
Buy
Reason
Seaport Research lowered the firm's price target on Itron to $138 from $140 and keeps a Buy rating on the shares. The firm is lowering its price target due to the dilution from deals but reiterates its rating on the stock due to the belief that Power capex will remain accelerated and sales will re-accelerate next year.
Argus
Buy
to
Hold
downgrade
2025-11-04
Reason
Argus
Price Target
2025-11-04
downgrade
Buy
to
Hold
Reason
Argus downgraded Itron to Hold from Buy.
Itron
Stephens
Equal Weight
to
Overweight
upgrade
$130
2025-11-03
Reason
Itron
Stephens
Price Target
$130
2025-11-03
upgrade
Equal Weight
to
Overweight
Reason
Stephens upgraded Itron to Overweight from Equal Weight with an unchanged price target of $130. Weak orders dominated Q3 earnings, but the firm believes risks are more than discounted with shares having retreated by more than 25% to now approach their "post-Liberation Day lows," the analyst tells investors. Despite near-term noise, the firm believes Itron's long-term opportunity is unimpaired given the company's solid number one position as "the IoT provider for utilities whose capex appears upwardly-biased for years to come."
Oppenheimer
Noah Kaye
Outperform
downgrade
$155 -> $145
2025-10-31
Reason
Oppenheimer
Noah Kaye
Price Target
$155 -> $145
2025-10-31
downgrade
Outperform
Reason
Oppenheimer analyst Noah Kaye lowered the firm's price target on Itron to $145 from $155 and keeps an Outperform rating on the shares. The firm notes shares traded down sharply Thursday after Itron beat Q3 consensus estimates, while guiding the Q4 sales and bookings outlook lower than the Street estimate. As investors digest an incrementally slower hardware sales cycle related to utility regulatory/planning uncertainty, along with lapping $1/share discrete tax benefits into FY26, Oppenheimer anticipates investor caution until signals of increased project flow rates present.
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.
