Ituran Signs OEM Agreement with Renault in Latin America

Ituran Location And Control ( (ITRN) ) has shared an announcement.

On November 24, 2025, Ituran Location and Control Ltd. announced a new three-year service agreement with Renault, a major European OEM, to provide vehicle telematics services in Latin America. This agreement is expected to enhance Ituran’s market presence in the region and potentially expand to other markets globally, aligning with Renault’s strategy to offer high-quality services and accelerate Ituran’s subscriber growth.

The most recent analyst rating on (ITRN) stock is a Buy with a $40.00 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’s overall stock score is driven by strong financial performance and positive earnings call insights, reflecting robust growth and strategic initiatives. However, bearish technical indicators and challenges in certain markets slightly offset these strengths.

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 for connected cars. The company offers solutions such as stolen vehicle recovery, fleet management, and mobile asset location for various industries including retail, insurance, and car manufacturers. Ituran is the largest OEM telematics provider in Latin America, with a presence in over 20 countries and a subscriber base exceeding 2.5 million.

Average Trading Volume: 100,136

Technical Sentiment Signal: Strong Buy

Current Market Cap: $755.8M

Find detailed analytics on ITRN stock on TipRanks’ Stock Analysis page.