Ituran Enters New OEM Partnership with Renault in Latin America

Written by Emily J. Thompson, Senior Investment Analyst

ITRN+0.71%

Updated: Nov 24 2025

0mins

New Agreement: Ituran Location and Control (ITRN) has signed a three-year service agreement with Renault, a major European OEM, for services in Latin America.
Expansion Potential: The contract has strong potential for expansion into additional global markets and extended service periods, enhancing Ituran's presence and customer base.

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ITRN

$45.38+Infinity%1D

Analyst Views on ITRN

Wall Street analysts forecast ITRN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ITRN is 50.00 USD with a low forecast of 50.00 USD and a high forecast of 50.00 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.

1 Analyst Rating

1 Buy

0 Hold

0 Sell

Moderate Buy

Current: 45.060

Low

50.00

Averages

50.00

High

50.00

Current: 45.060

Low

50.00

Averages

50.00

High

50.00

Barclays

Tavy Rosner

Buy

Maintains

$35 → $50

2025-02-27

Reason

Barclays

Tavy Rosner

Price Target

$35 → $50

AI Analysis

2025-02-27

Maintains

Buy

Reason

Barclays raised the firm's price target on Ituran to $50 from $35 and keeps an Overweight rating on the shares. The company reported 7% year-over-year revenue growth in Q4 and its fiscal 2025 guidance implies an acceleration in subscriber adds, the analyst tells investors in a research note. The firm raised estimates to reflect the higher growth outlook.

About ITRN

Ituran Location and Control Ltd. is a provider of location-based services, consisting of stolen vehicle recovery (SVR), fleet management services and other tracking services. The Company also provides wireless communication products used in connection with its location-based services and various other applications. Its operations consist of two segments: location-based services and wireless communications products. Its location-based services segment consists of its SVR and tracking services, fleet management and value-added services consisted of personal locater services and concierge services. Its wireless communications products segment consists of short and medium range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location (AVL) and automatic vehicle identification. It primarily provides its services, as well as sells and leases its products in Israel, Brazil, Argentina and the United States.

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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Ituran Enters New OEM Partnership with Renault in Latin America

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Analyst Views on ITRN

About ITRN

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