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Ituran Announces Strategic OEM Agreement with Stellantis in South America

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Ituran Announces Strategic OEM Agreement with Stellantis in South America

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Ituran Location And Control ( (ITRN) ) has provided an update.

On May 27, 2025, Ituran Location and Control Ltd. announced a new OEM agreement with Stellantis in South America. This strategic partnership aims to enhance vehicle security and connectivity for Stellantis customers across multiple countries in the region. The multi-year contract is expected to significantly expand Ituran’s subscriber base and strengthen its position as a leading telematics provider in Latin America.

The most recent analyst rating on (ITRN) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Ituran Location And Control stock, see the ITRN Stock Forecast page.

Spark’s Take on ITRN Stock

According to Spark, TipRanks’ AI Analyst, ITRN is a Outperform.

Ituran Location And Control is performing well financially, with strong growth and profitability metrics. The recent earnings call highlights a positive outlook with robust subscriber growth and strategic partnerships, despite some currency-related challenges. The stock is reasonably valued with a good dividend yield, though technical indicators suggest a need for cautious optimism given the neutral momentum.

To see Spark’s full report on ITRN stock, click here.

More about Ituran Location And Control

Ituran Location and Control Ltd. is a leader in the mobility technology field, providing location-based services such as stolen vehicle recovery, fleet management, and mobile asset location and control services. It serves the retail, insurance industry, and car manufacturers, with a strong presence in Israel and Latin America. The company has approximately 2.5 million subscribers and operates in over 20 countries, with offices in several countries including Israel, Brazil, and the United States.

Average Trading Volume: 111,510

Technical Sentiment Signal: Strong Buy

Current Market Cap: $741.2M

Learn more about ITRN stock on TipRanks’ Stock Analysis page.

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