Itron Inc (ITRI)
NASDAQ:ITRI
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ITRI Stock Chart & Stats
$98.43
-$2.75(-2.51%)
At close: 4:00 PM EST
$98.43
-$2.75(-2.51%)
Day’s Range― - ―
52-Week Range$77.77 - $142.00
Previous CloseN/A
Volume184.41K
Average Volume (3M)675.97K
Market Cap
$3.58B
Enterprise Value$4.40B
Total Cash (Recent Filing)$712.85M
Total Debt (Recent Filing)$1.60B
Price to Earnings (P/E)12.5
Beta1.05
Next Earnings
Jul 30, 2026EPS Estimate
1.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.38
Shares Outstanding44,339,348
10 Day Avg. Volume673,645
30 Day Avg. Volume675,974
Financial Highlights & Ratios
PEG Ratio0.55
Price to Book (P/B)2.46
Price to Sales (P/S)1.78
P/FCF Ratio11.09
Enterprise Value/Market Cap1.23
Enterprise Value/Revenue1.88
Enterprise Value/Gross Profit4.83
Enterprise Value/Ebitda10.76
Forecast
1Y Price Target
$124.50Price Target Upside26.49% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)6.01
Revenue Forecast (FY)$2.39B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationConsistently strong operating and free cash flow (TTM OCF ~$417M, FCF ~$399M) indicates high earnings quality and internal funding capacity. Over 2–6 months this supports reinvestment, debt reduction or buybacks, and cushions the business against project timing volatility.
Improved Profitability And MarginsMaterial margin expansion across gross, EBIT and EBITDA suggests structural mix improvement and operational leverage. Sustained higher margins improve resilience to revenue cyclicality, boost cash conversion, and create room for strategic reinvestment over the medium term.
Recurring Revenue And Backlog VisibilityGrowing ARR and a $4.4B backlog deliver durable revenue visibility and recurring revenue mix. This supports multi-year cash flow predictability, opportunities to cross-sell higher‑margin software/services, and reduces reliance on single large project wins.
Bears Say
Higher LeverageElevated leverage following financing activity reduces financial flexibility and raises interest and covenant sensitivities. With net leverage near 2.4x, the company has less buffer to absorb slower revenue conversion or fund opportunistic investment without increasing refinancing or liquidity risk.
Top-Line Pressure And Guidance WeaknessNear-term revenue declines and guidance weakness reflect timing and demand softness in core Device and Network segments. If top-line contraction persists, sustaining current margins and cash generation will be harder, challenging reinvestment plans and targets management set for 2027.
Booking Lumpiness & Integration RiskHeavy dependence on milestone timing for large multi-year projects and a sub-1.0 book-to-bill create revenue phasing risk. Combined with early-stage acquisition integration without realized synergies, this raises uncertainty around when backlog converts into steady, higher‑margin revenue streams.
Itron News
ITRI FAQ
What was Itron Inc’s price range in the past 12 months?
Itron Inc lowest stock price was $77.77 and its highest was $142.00 in the past 12 months.
What is Itron Inc’s market cap?
Itron Inc’s market cap is $3.58B.
When is Itron Inc’s upcoming earnings report date?
Itron Inc’s upcoming earnings report date is Jul 30, 2026 which is in 37 days.
How were Itron Inc’s earnings last quarter?
Itron Inc released its earnings results on Apr 28, 2026. The company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.239 by $0.251.
Is Itron Inc overvalued?
According to Wall Street analysts Itron Inc’s price is currently Undervalued.
Does Itron Inc pay dividends?
Itron Inc does not currently pay dividends.
What is Itron Inc’s EPS estimate?
Itron Inc’s EPS estimate is 1.29.
How many shares outstanding does Itron Inc have?
Itron Inc has 44,339,348 shares outstanding.
What happened to Itron Inc’s price movement after its last earnings report?
Itron Inc reported an EPS of $1.49 in its last earnings report, beating expectations of $1.239. Following the earnings report the stock price went up 0.092%.
Which hedge fund is a major shareholder of Itron Inc?
Currently, no hedge funds are holding shares in ITRI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Itron Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$124.50 (26.49% Upside)
$124.50 (26.49% Upside)
Blogger Sentiment
Bullish
ITRI Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 555.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $412.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.71%
12-Months-Change
Fundamentals
Return on Equity
17.44%
Trailing 12-Months
Asset Growth
13.56%
Trailing 12-Months
Company Description
Itron Inc
Itron, Inc. is a global technology and services firm that offers comprehensive solutions for managing operations within the energy, water, and smart city domains. Its business is organized into three distinct divisions: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment is responsible for providing physical hardware products designed for tasks such as measurement, control, and sensing. The Networked Solutions division specializes in integrated systems, combining communicating devices like smart meters, modules, endpoints, and sensors with essential network infrastructure and specific application software for efficient data collection and transfer. The Outcomes segment delivers sophisticated, value-added software and services focused on handling, structuring, analyzing, and interpreting data. This helps improve decision-making, maximize profitability, boost resource efficiency, and achieve desired results for consumers, utility companies, and urban centers. Additionally, Itron offers a suite of support services, including solution implementation, project coordination, system installation, expert consulting, and post-sale maintenance. It also provides cloud and Software-as-a-Service (SaaS) offerings, as well as extended or customized warranty options. All products and services are marketed under the singular Itron brand. The company reaches its target clients, primarily utility providers and municipalities, through a combination of its direct sales force and an extensive indirect network that includes distributors, sales representatives, partners, and meter manufacturer representatives. Itron, Inc. was founded in 1977 and maintains its corporate headquarters in Liberty Lake, Washington.
ITRI Company Deck
ITRI Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a generally constructive operational and margin story—notable margin expansion, ARR growth (+28% YoY to $400M), a large $4.4B backlog, improved adjusted EBITDA (+5% YoY) and record segment margins—offset by near-term revenue pressure driven by project timing, declines in Device and Network revenue (-9% and -14% CC), modest GAAP earnings decline, a Q2 revenue/ EPS guide down versus last year, and balance sheet activity that reduced cash and left net leverage at ~2.4x. Management expressed confidence in a multiyear structural market opportunity and strong pipeline, but acknowledged short-term lumpiness and integration work for recent acquisitions. On balance, the positive operational and margin momentum and durable ARR/backlog profile slightly outweigh the near-term revenue and timing headwinds.View all ITRI earnings summariesITRI Stock 12 Month Forecast
Average Price Target
$124.50
▲(26.49% Upside)
Technical Analysis
Ownership Overview
1.64% Insiders
26.47% Mutual Funds
26.10% Other Institutional Investors
10.67% Public Companies and
Individual Investors