Itron Q4 Earnings Beat Expectations with Strong Cash Flow
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy ITRI?
Source: seekingalpha
- Earnings Performance: Itron's Q4 non-GAAP EPS of $2.46 exceeded expectations by $0.27, demonstrating resilience in profitability despite a decline in overall revenue.
- Revenue Analysis: Total revenue of $571.66 million, down 6.7% year-over-year, still beat market expectations by $10.14 million, reflecting both challenges and opportunities in product portfolio optimization and project deployments.
- Cash Flow and EBITDA Growth: Adjusted EBITDA reached $99 million, a 21% increase, while free cash flow of $112 million rose by $41 million, indicating improvements in cash management and operational efficiency.
- Cautious Future Outlook: The Q1 2026 revenue outlook is projected between $565 million and $575 million, below the consensus of $593.21 million, indicating the company's cautious stance regarding future market conditions.
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Analyst Views on ITRI
Wall Street analysts forecast ITRI stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 99.580
Low
125.00
Averages
134.50
High
145.00
Current: 99.580
Low
125.00
Averages
134.50
High
145.00
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.
ITRON STOCK RISES 10.5% FOLLOWING STRONG Q4 PROFITS AND REVENUE RESULTS
- Stock Performance: Itron shares increased by 10.5% following the announcement of their Q4 profit results.
- Financial Results: The company reported a revenue beat, indicating stronger-than-expected financial performance in the fourth quarter.
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- Rating Upgrade: Baird upgraded Itron from Neutral to Outperform, raising the price target from $118 to $128, reflecting confidence in the company's future growth potential.
- Market Opportunity: Analysts noted that while the pace of order conversion may differ from historical patterns, the utilities' need for grid modernization will drive Itron's business growth, enhancing its competitive position in the market.
- Short-term Challenges: Despite the risk of slower order conversion in the near term, Baird analysts remain confident in Itron's book-and-ship business model, asserting that infrastructure upgrades are an inevitable trend.
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- Market Dynamics Overview: While specific stock names are not mentioned, analyst rating changes typically have a direct impact on the stock prices of the affected companies, prompting investors to closely monitor these shifts to optimize their portfolios.
- Impact of Rating Changes: Adjustments in analyst ratings can lead to fluctuations in market sentiment, particularly when investor expectations shift regarding certain stocks, thereby affecting trading activity in the short term.
- Investor Focus: Investors are encouraged to visit the analyst ratings page for a comprehensive view of rating changes, aiding them in making more informed investment decisions.
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- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several stocks, reflecting varying market perspectives on these companies' futures, which could influence investor decisions and market trends.
- Upgrades and Downgrades: Specific rating changes include both upgrades and downgrades for certain stocks, which may lead to short-term volatility in the respective stocks, prompting investors to pay close attention.
- Market Reaction Expectations: Analyst rating adjustments typically trigger immediate market reactions, as investors may reassess their portfolios based on this information, thereby impacting overall market sentiment.
- Further Information Access: For a complete view of all analyst rating changes, including upgrades and downgrades, it is recommended to visit our analyst ratings page to stay updated on the latest market dynamics and professional insights.
See More
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Itron Surges After Q4 2025 Earnings Beat Expectations
- Earnings Beat: Itron reported Q4 2025 revenue of $572 million, surpassing analyst expectations of $561.5 million, with adjusted EPS of $2.46 exceeding the forecast of $2.19, indicating robust market performance and profitability.
- Cash Flow Surge: The company generated free cash flow of $111.5 million in Q4, a 58.9% year-over-year increase, which not only boosts investor confidence but also provides funding for future investments and expansions.
- Business Growth Highlight: Itron's Outcomes segment grew by 23%, achieving a record revenue level for that segment, underscoring the company's leadership in smart cities and modern grid solutions, thereby enhancing its competitive position.
- Valuation Consideration: Currently trading at a forward P/E of 16.5, Itron's stock appears reasonably priced; however, given its historical underperformance relative to the S&P 500, investors should carefully assess potential risks before investing.
See More
ITRON STOCK RISES 10.5% FOLLOWING STRONG Q4 PROFITS AND REVENUE RESULTS
- Stock Performance: Itron shares increased by 10.5% following the announcement of their Q4 profit results.
- Financial Results: The company reported a revenue beat, indicating stronger-than-expected financial performance in the fourth quarter.
See More
Itron Upgraded to Outperform by Baird with $128 Price Target
- Earnings Beat: Itron's Q4 earnings exceeded analyst expectations, resulting in a 3.1% stock price increase on Wednesday, highlighting the company's robust performance in energy and water management.
- Rating Upgrade: Baird upgraded Itron from Neutral to Outperform, raising the price target from $118 to $128, reflecting confidence in the company's future growth potential.
- Market Opportunity: Analysts noted that while the pace of order conversion may differ from historical patterns, the utilities' need for grid modernization will drive Itron's business growth, enhancing its competitive position in the market.
- Short-term Challenges: Despite the risk of slower order conversion in the near term, Baird analysts remain confident in Itron's book-and-ship business model, asserting that infrastructure upgrades are an inevitable trend.
See More
Wall Street Analysts Adjust Ratings
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several stocks, including upgrades, downgrades, and initiations, reflecting varying market perspectives that could influence investor decisions.
- Market Dynamics Overview: While specific stock names are not mentioned, analyst rating changes typically have a direct impact on the stock prices of the affected companies, prompting investors to closely monitor these shifts to optimize their portfolios.
- Impact of Rating Changes: Adjustments in analyst ratings can lead to fluctuations in market sentiment, particularly when investor expectations shift regarding certain stocks, thereby affecting trading activity in the short term.
- Investor Focus: Investors are encouraged to visit the analyst ratings page for a comprehensive view of rating changes, aiding them in making more informed investment decisions.
See More
Wall Street Analysts Adjust Ratings on Key Stocks
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several stocks, reflecting varying market perspectives on these companies' futures, which could influence investor decisions and market trends.
- Upgrades and Downgrades: Specific rating changes include both upgrades and downgrades for certain stocks, which may lead to short-term volatility in the respective stocks, prompting investors to pay close attention.
- Market Reaction Expectations: Analyst rating adjustments typically trigger immediate market reactions, as investors may reassess their portfolios based on this information, thereby impacting overall market sentiment.
- Further Information Access: For a complete view of all analyst rating changes, including upgrades and downgrades, it is recommended to visit our analyst ratings page to stay updated on the latest market dynamics and professional insights.
See More
Latest Ratings and Outlook from Wall Street
- Amazon Remains a Top Pick: Morgan Stanley reiterates Amazon as overweight, highlighting its underappreciated potential in AWS and retail, with expectations for AWS to grow over 30% in 2026/27, showcasing strong market competitiveness.
- Weak Demand for Crocs: Williams Trading downgrades Crocs from hold to sell, raising the price target to $84, reflecting ongoing declines in U.S. demand and challenges in expanding its global DTC business.
- Rush Street Interactive Upgrade: Citizens upgrades Rush Street Interactive to market outperform, citing its durable business model in online gaming, which indicates strong growth potential driven by favorable market conditions.
- Optimistic Outlook for Nvidia: Wells Fargo reiterates Nvidia as overweight, advising investors to buy ahead of next week's earnings report, anticipating strong demand and GPU spending dominance to drive stock price increases.
See More
Itron Surges After Q4 2025 Earnings Beat Expectations
- Earnings Beat: Itron reported Q4 2025 revenue of $572 million, surpassing analyst expectations of $561.5 million, with adjusted EPS of $2.46 exceeding the forecast of $2.19, indicating robust market performance and profitability.
- Cash Flow Surge: The company generated free cash flow of $111.5 million in Q4, a 58.9% year-over-year increase, which not only boosts investor confidence but also provides funding for future investments and expansions.
- Business Growth Highlight: Itron's Outcomes segment grew by 23%, achieving a record revenue level for that segment, underscoring the company's leadership in smart cities and modern grid solutions, thereby enhancing its competitive position.
- Valuation Consideration: Currently trading at a forward P/E of 16.5, Itron's stock appears reasonably priced; however, given its historical underperformance relative to the S&P 500, investors should carefully assess potential risks before investing.
See More
