Stock Price & Analysis

Based on the technical and fundamental analysis of ITRI's recent data, here is a concise assessment:

Technical Analysis:

• Stock is currently in a downtrend, trading at $93.94, down 3.84% in the latest session
• RSI at 25.88 indicates oversold conditions [Relevant Data]
• Trading below all major moving averages (5,10,20,60-day SMAs), suggesting bearish momentum
• MACD shows negative divergence with -3.06 reading

Fundamental Outlook:

• Wall Street analysts maintain a "Moderate Buy" consensus with a price target of $123.92, suggesting 31.91% upside potential
• Recent insider selling activity raises some concerns
• Company faces challenges with projected slim revenue growth of only 1.5% over next 12 months

Recommendation: SELL

• Technical indicators show significant weakness in price momentum
• Despite analyst optimism, the stock appears vulnerable to further downside in the near term
• Better to wait for signs of trend reversal and improved technical setup before considering entry
• Consider re-evaluating position once price stabilizes above the 20-day moving average ($102.66)

Based on the available data and market analysis, here is the price prediction for ITRI stock in 2025:

ITRI is expected to reach $115-120 by end of 2025, driven by strong revenue growth (21% YoY increase in 2023) and improving profit margins (4.52% net margin in 2023 vs -0.53% in 2022). The stock has recently pulled back from its 52-week high of $124.90 to $93.94, creating an attractive entry point near key technical support levels. The company's focus on smart metering and grid modernization solutions positions it well to benefit from increasing infrastructure spending.

The S1 support level for ITRI Stock is $94.78 ,The R1 resistant level for ITRI Stock is $104.6.

As of the end of day on 2025-02-21, the price of ITRI Stock was $93.15.

The target price for ITRI Stock according to analyst rating is 129.00, with the highest price target at 135.00 and the lowest at 119.00. Analysts have a Strong Buy rating on ITRI Stock overall.

The market cap of ITRI is $4.2B.

Based on the technical and fundamental data, here are 5 key points about ITRI's valuation:

ITRI is currently oversold with RSI at 25.88 and trading significantly below its moving averages, suggesting a potential value opportunity.

The company showed remarkable financial improvement in 2023 with net income jumping to $96.9M from a loss in 2022, while revenue grew 21% year-over-year.

Trading at $93.94, the stock is well below its 52-week high of $124.90 and has recently crossed below its 200-day moving average, indicating technical weakness.

Current price levels are near the Fibonacci support of $94.78, suggesting a potential technical bottom forming.

The significant improvement in profitability metrics (ROE from -0.85% to 7.82%, net margin from -0.53% to 4.52%) indicates the stock may be undervalued relative to its improved fundamentals.

Itron, Inc. provides energy, water, smart city, Industrial Internet of Things (IIoT) and intelligent infrastructure services. The Company operates in three segments. The Device Solutions segment primarily includes hardware products used for measurement, control, or sensing. Its Networked Solutions segment primarily includes a combination of communicating devices, network infrastructure, 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, artificial intelligence, and machine learning in which it enable grid edge intelligence and manage, organize, analyze, and interpret raw, anonymized data to improve decision making. It is also engaged in embedding real-time, high-resolution grid edge data into the grid planning, operations and engineering process. Its solutions include technology, software and services.

Based on the available data and market analysis, here's the 2030 price prediction for ITRI stock:

ITRI stock is projected to reach $165-175 by 2030, driven by the company's strong position in smart utility solutions and growing demand for energy management systems. The recent successful pricing of $700M convertible senior notes demonstrates market confidence in Itron's long-term growth potential. The company's expansion into private 5G networks for industrial applications positions it well for the increasing digitization of utility infrastructure.

ITRI has a total of 5081 employees.