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ITRI logo

ITRI Overview

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$
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
94.160
Open
94.150
VWAP
91.88
Vol
2.80M
Mkt Cap
4.10B
Low
90.200
Amount
257.47M
EV/EBITDA(TTM)
11.84
Total Shares
44.94M
EV
4.42B
EV/OCF(TTM)
10.88
P/S(TTM)
1.81
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.
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Events Timeline

(ET)
2026-02-23
07:20:00
Itron Plans to Offer $600M Convertible Notes
select
2026-02-17 (ET)
2026-02-17
16:40:00
Major U.S. Averages End Broadly Higher, Nasdaq Up 0.14%
select
2026-02-17
12:00:00
Major Averages Mixed as Tech Stocks Face Pressure
select
2026-02-17
08:40:00
Company Sees Q1 Revenue of $565M-$575M
select

News

CNBC
6.5
03-19CNBC
AI Sparks Potential Blue-Collar Renaissance Amid Job Disruption Fears
  • Blue-Collar Employment Revival: Oppenheimer analysts suggest that while AI may rapidly displace white-collar jobs, it could simultaneously drive demand for blue-collar roles, particularly in manufacturing, with employment projected to remain below pre-pandemic levels by 2026.
  • Investment Theme Analysis: Oppenheimer outlined five investable themes, including the physical-to-digital connection, emphasizing the value of sensors and data pipelines, with companies in this space expected to benefit from automation trends, including Aeva Technologies and Tesla.
  • Automation Tools Opportunity: The analysts identified automation tools that can reskill transitioning workforces, recommending companies like Caterpillar and Rockwell Automation, which enhance worksite experiences through task automation and AI agents.
  • Autonomous Systems Development: Oppenheimer also highlighted companies supporting autonomous physical systems, such as Mobileye Global and Aurora Innovation, noting that as fully autonomous solutions are commercialized, human roles will still be essential for remote monitoring and maintenance to ensure safety and problem resolution.
Benzinga
6.0
03-06Benzinga
Wall Street Analysts Adjust Ratings
  • Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, including upgrades, downgrades, and initiations, reflecting varying market perspectives and future expectations for these firms.
  • Market Reaction Insight: While specific company names are not disclosed, such rating changes typically influence investor confidence, thereby directly impacting the market performance of the related stocks.
  • Investor Decision Guidance: Investors considering buying REGN stock can refer to the latest analyst ratings and market analyses to make more informed investment decisions.
  • Enhanced Information Transparency: By providing a comprehensive view of analyst rating changes, Benzinga enhances market information transparency, enabling investors to better understand market dynamics and potential investment opportunities.
CNBC
6.0
03-06CNBC
Major Wall Street Rating Changes Overview
  • Union Pacific Upgrade: Baird upgraded Union Pacific from neutral to outperform with a price target of $311, suggesting investors should capitalize on share weakness to increase exposure, reflecting optimism about potential synergies from upcoming transactions.
  • Netflix Revenue Growth Outlook: CFRA upgraded Netflix from hold to buy, projecting an additional revenue growth of $1.5 billion to $3 billion by 2026 driven by member growth and advertising, underscoring its leadership position in the streaming industry.
  • First Advantage Benefits from Job Market: Barclays upgraded First Advantage from equal weight to overweight, citing the company's advantage in a resilient job market for background checks, indicating confidence in its future growth prospects.
  • Marvell Technology Growth Acceleration: Bank of America upgraded Marvell Technology from neutral to buy with a price target raised to $118, driven by strong demand for AI optical connectivity and the upcoming Microsoft custom chip program, reflecting a positive outlook on its earnings potential.
Newsfilter
8.5
02-24Newsfilter
Itron Inc. Prices $700 Million Convertible Notes Offering
  • Increased Offering Size: Itron has raised the size of its convertible notes offering from $600 million to $700 million, reflecting strong market interest in its financing needs, with settlement expected on February 26, 2026, enhancing the company's liquidity.
  • Favorable Conversion Terms: The initial conversion price of approximately $123.77 per share represents a 30% premium over the last reported stock price of $95.21, providing investors with potential capital appreciation opportunities while laying the groundwork for future equity structure optimization.
  • Clear Use of Proceeds: The company anticipates net proceeds of about $681.1 million from the offering, with approximately $80.7 million allocated for capped call transaction costs, thereby improving capital efficiency and reducing potential dilution risks.
  • Market Reaction Expectations: Itron intends to use around $100 million of the net proceeds to repurchase 1,050,309 shares of its common stock, a move that could boost stock prices and enhance investor confidence, indicating the company's recognition of its stock value.
seekingalpha
8.5
02-23seekingalpha
Itron Plans to Offer $600 Million Convertible Senior Notes
  • Financing Plan: Itron announced its intention to privately place $600 million in convertible senior notes due 2032, aiming to attract qualified institutional buyers and strengthen its capital structure.
  • Additional Purchase Option: The company plans to grant initial purchasers an option to buy an additional $90 million of the notes within a 13-day period post-issuance, providing flexibility for future capital needs.
  • Use of Proceeds: Itron expects to use part of the proceeds for capped call transactions to mitigate potential dilution from note conversions, while also planning to repurchase up to $125 million in shares to enhance shareholder value.
  • Debt Management: The remaining proceeds will be allocated to repaying its 0.00% convertible senior notes due 2026 and for general corporate purposes, reflecting the company's strategic intent to optimize its capital structure and financial flexibility.
seekingalpha
6.0
02-18seekingalpha
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.
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
Needham
NULL -> Buy
initiated
$124
AI Analysis
2026-03-06
Reason
Needham
Price Target
$124
AI Analysis
2026-03-06
initiated
NULL -> Buy
Reason
Needham initiated coverage of Itron with a Buy rating and $124 price target. Itron holds a "structurally dominant position" in North American smart metering with 35% of the installed base and 64% of network endpoints and is "at the center" of a multi-year Advanced Metering Infrastructure 2.0 replacement cycle, the analyst tells investors. While near-term organic growth is "modest," the firm sees a long-term margin target reset and cross-sell into the current customer base as "catalysts not in consensus," the analyst added.
Oppenheimer
Oppenheimer
Outperform
maintain
$125 -> $133
2026-02-18
Reason
Oppenheimer
Oppenheimer
Price Target
$125 -> $133
2026-02-18
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on Itron to $133 from $125 and keeps an Outperform rating on the shares. The firm notes shares traded up Tuesday after Itron beat Q4 top/bottom-line consensus estimates and guided FY26 better than feared, while providing multiple indicators for future demand inflection.
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 14.30, compared to its 5-year average forward P/E of 35.91. 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
35.91
Current PE
14.30
Overvalued PE
59.12
Undervalued PE
12.70

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
19.08
Current EV/EBITDA
11.33
Overvalued EV/EBITDA
25.25
Undervalued EV/EBITDA
12.92

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
1.64
Current PS
1.76
Overvalued PS
2.04
Undervalued PS
1.24

Financials

AI Analysis
Annual
Quarterly

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Whales Holding ITRI

H
Hite Hedge Asset Management LLC
Holding
ITRI
+11.49%
3M Return
R
RobecoSAM AG
Holding
ITRI
+8.34%
3M Return
Ö
ÖKoworld Lux S.A.
Holding
ITRI
+0.32%
3M Return
A
Aristotle Capital Boston, LLC
Holding
ITRI
-3.87%
3M Return
S
Soros Fund Management LLC
Holding
ITRI
-9.33%
3M Return

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Frequently Asked Questions

What is Itron Inc (ITRI) stock price today?

The current price of ITRI is 91.28 USD — it has decreased -1.52

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 571.66M USD, decreased -6.72

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

Itron Inc. EPS for the last quarter amounts to 2.21 USD, increased 75.40

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

Itron Inc (ITRI) has 4987 emplpoyees as of March 21 2026.

What is Itron Inc (ITRI) market cap?

Today ITRI has the market capitalization of 4.10B USD.