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ITRI logo

ITRI Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
86.800
Open
85.280
VWAP
85.03
Vol
797.77K
Mkt Cap
3.73B
Low
84.065
Amount
67.83M
EV/EBITDA(TTM)
12.38
Total Shares
44.34M
EV
4.67B
EV/OCF(TTM)
11.13
P/S(TTM)
1.68
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.
Show More

Events Timeline

(ET)
2026-04-28
08:50:00
Company Sees Q2 Revenue of $560M-$570M
select
2026-04-28
08:50:00
Itron Q1 Revenue of $586.98M Beats Expectations
select

News

Yahoo Finance
6.5
05-05Yahoo Finance
Profitable Companies May Not Last
  • Warner Music Group Struggles: Warner Music Group (WMG) has seen only 8.7% annual revenue growth over the past five years, lagging behind its consumer discretionary peers, indicating a lack of competitive strength, and is expected to face deteriorating cash conversion capabilities, leading to declining investment value.
  • Itron's Weak Growth: Itron (ITRI) reported a mere 1.4% annual revenue growth over the last two years, falling short of industrial sector standards, with projected sales growth of only 2.4% over the next 12 months reflecting weak demand, while a 6.5% return on capital indicates management's struggles in identifying profitable growth opportunities.
  • Tenet Healthcare's Strong Performance: Tenet Healthcare (THC) has achieved a 16.8% annual earnings per share growth through share buybacks, outpacing revenue growth, and has increased its free cash flow margin by 12.7 percentage points over the past five years, enhancing its capacity for growth initiatives and share repurchases.
  • Industry-Leading Capital Returns: Tenet Healthcare boasts a 22.5% return on capital, showcasing management's skill in identifying high-return investments, with returns continuing to grow as the company capitalizes on improving market opportunities.
Fool
9.5
04-28Fool
Itron Q1 Earnings Beat Expectations Despite Initial Sell-Off
  • Earnings Beat: Itron reported Q1 non-GAAP EPS of $1.49, exceeding Wall Street's estimate by $0.25, while sales of approximately $587 million, though down 3% year-over-year, still surpassed analyst expectations by $14.9 million, demonstrating resilience in challenging conditions.
  • Sales Dynamics: Despite a 13% year-over-year decline in networked solutions sales, outcomes revenue rose 22% compared to the prior year, effectively mitigating the overall sales drop, indicating growth potential in specific areas.
  • Market Reaction: Itron's stock initially fell 9.7% during the day but closed up 0.1%, reflecting a gradual recognition of the company's performance by investors, even as the broader market struggled with the S&P 500 down 0.5%.
  • Cautious Guidance: Itron's guidance for sales between $560 million and $570 million falls short of the $607 million analyst estimate, with adjusted EPS projected between $1.25 and $1.35, suggesting potential valuation pressures ahead for the stock.
NASDAQ.COM
9.5
04-28NASDAQ.COM
Itron Q1 Earnings Beat Expectations Despite Guidance Shortfall
  • Earnings Beat: Itron reported adjusted earnings per share of $1.49 for Q1, exceeding Wall Street's expectations by $0.25, demonstrating the company's resilience in profitability despite a 3% year-over-year sales decline.
  • Sales Performance: The company achieved approximately $587 million in sales for the first quarter, surpassing analyst expectations by $14.9 million, with outcomes revenue increasing by 22% year-over-year, which helped mitigate the overall sales drop despite a 13% decline in networked solutions sales.
  • Guidance Shortfall: Itron's sales guidance for the current quarter is projected between $560 million and $570 million, significantly below the analyst consensus of $607 million, raising concerns about the company's future growth and potentially putting pressure on its stock valuation.
  • Stock Volatility: Itron's stock experienced a significant drop of 9.7% during the trading day but managed to close up 0.1%, reflecting a complex market reaction to the company's performance, as investors showed some confidence despite the weaker guidance.
seekingalpha
9.5
04-28seekingalpha
Itron Reports Strong Q1 2026 Earnings Exceeding Expectations
  • Strong Performance: Itron's Q1 revenue reached $587 million, with adjusted EBITDA of $92 million and non-GAAP EPS of $1.49, all exceeding market expectations, reflecting robust execution and enhancing investor confidence.
  • Bookings and Backlog: The total bookings for Q1 amounted to $476 million, bringing the total backlog to $4.4 billion, indicating stable market demand, particularly with the growing share of Outcomes and Resiliency Solutions, which is expected to drive future revenue growth.
  • Margin Improvement: The gross margin for Q1 improved by 450 basis points year-over-year to 40.7%, primarily due to a favorable product mix and operational efficiencies, which will support the company's future profitability.
  • Outlook: Management anticipates Q2 revenue to be between $560 million and $570 million, and despite market volatility, they maintain an optimistic view on project deployments in the second half of the year, emphasizing sustained demand and a stable customer base.
seekingalpha
9.5
04-28seekingalpha
Itron's Q2 Outlook Falls Short of Expectations
  • Strong Earnings Beat: Itron reported adjusted EPS of $1.49 for Q1 2026, exceeding the consensus estimate of $1.24, while GAAP EPS of $1.18 also surpassed the $1.10 expectation, indicating robust operational execution.
  • Revenue Decline: The company's revenue of $587 million for the quarter, although beating the $572 million consensus, represented a 3% year-over-year decline, highlighting challenges in the market environment that could impact future growth.
  • Dismal Future Guidance: Itron's revenue guidance for the ongoing quarter is projected between $560 million and $570 million, falling short of the $607 million consensus, with adjusted EPS expectations of $1.25 to $1.35 also below the $1.46 estimate, raising concerns about its future performance.
  • Security Incident Impact: Following an unauthorized access incident, Itron has taken corrective actions and reported no further unauthorized activity, yet this event may affect investor confidence, despite the company asserting it will not have a material impact on operations.
seekingalpha
9.5
04-28seekingalpha
Itron Q1 Earnings Beat Expectations with Strategic Insights
  • Earnings Performance: Itron reported a Q1 non-GAAP EPS of $1.49, exceeding expectations by $0.25, demonstrating resilience in profitability despite a decline in overall revenue.
  • Revenue Decline Factors: Total revenue for the first quarter was $587 million, down 3.3% year-over-year, primarily driven by portfolio optimization and the timing of project deployments, reflecting the company's strategic response to market adjustments.
  • Segment Performance Disparities: Device Solutions revenue decreased by 1%, while Networked Solutions revenue fell by 13%, indicating challenges in project deployments in the EMEA and North American markets that impacted overall performance.
  • Cautious Outlook: Itron's revenue outlook for Q2 ranges between $560 million and $570 million, below the consensus of $606.97 million, indicating uncertainties the company may face in the coming months.
Wall Street analysts forecast ITRI stock price to rise
4 Analyst Rating
Wall Street analysts forecast ITRI stock price to rise
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
125.00
Averages
134.50
High
145.00
Current: 0.000
sliders
Low
125.00
Averages
134.50
High
145.00
TD Cowen
Jeff Osborne
Buy
downgrade
$145 -> $130
AI Analysis
2026-04-29
Reason
TD Cowen
Jeff Osborne
Price Target
$145 -> $130
AI Analysis
2026-04-29
downgrade
Buy
Reason
TD Cowen analyst Jeff Osborne lowered the firm's price target on Itron to $130 from $145 and keeps a Buy rating on the shares. The firm said 1Q26 results beat expectations on a pull-forward, leading to 2Q26 guidance below expectations. Grid-edge technology deployment is on track with no material constraints for labor or materials.
Roth Capital
Chip Moore
Buy
downgrade
$150 -> $136
2026-04-29
Reason
Roth Capital
Chip Moore
Price Target
$150 -> $136
2026-04-29
downgrade
Buy
Reason
Roth Capital analyst Chip Moore lowered the firm's price target on Itron to $136 from $150 and keeps a Buy rating on the shares after its Q1 results and below-consensus Q2 guide. Itron's revenue growth trajectory is more subdued near-term, driven by complex projects and transitory regulatory dynamics, the firm expects benefits of the company's asset-light transition to continue to drive improving wallet share, margins, and sentiment, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ITRI
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Valuation Metrics

The current forward P/E ratio for Itron Inc (ITRI.O) is 14.22, compared to its 5-year average forward P/E of 34.62. For a more detailed relative valuation and DCF analysis to assess Itron Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
34.62
Current PE
14.22
Overvalued PE
57.55
Undervalued PE
11.69

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
18.45
Current EV/EBITDA
9.53
Overvalued EV/EBITDA
24.68
Undervalued EV/EBITDA
12.22

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.63
Current PS
1.49
Overvalued PS
2.02
Undervalued PS
1.24

Financials

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Whales Holding ITRI

R
RobecoSAM AG
Holding
ITRI
+22.63%
3M Return
H
Hite Hedge Asset Management LLC
Holding
ITRI
+8.63%
3M Return
A
Aristotle Capital Boston, LLC
Holding
ITRI
+5.05%
3M Return
T
Tema ETFs LLC
Holding
ITRI
+4.37%
3M Return
S
Soros Fund Management LLC
Holding
ITRI
+4.33%
3M Return
I
Impax Asset Management Group Plc
Holding
ITRI
+2.77%
3M Return

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Frequently Asked Questions

What is Itron Inc (ITRI) stock price today?

The current price of ITRI is 84.22 USD — it has decreased -1.38

What is Itron Inc (ITRI)'s business?

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.

What is the price predicton of ITRI Stock?

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 is134.50 USD with a low forecast of 125.00 USD and a high forecast of 145.00 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.

What is Itron Inc (ITRI)'s revenue for the last quarter?

Itron Inc revenue for the last quarter amounts to 586.98M USD, decreased -3.32

What is Itron Inc (ITRI)'s earnings per share (EPS) for the last quarter?

Itron Inc. EPS for the last quarter amounts to 1.18 USD, decreased -16.90

How many employees does Itron Inc (ITRI). have?

Itron Inc (ITRI) has 4987 emplpoyees as of May 06 2026.

What is Itron Inc (ITRI) market cap?

Today ITRI has the market capitalization of 3.73B USD.