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ITRI

Itron, Inc.

ITRI

NASDAQ·Technology·Hardware, Equipment & Parts·Mkt cap $3.7B

$84.39

▼ -0.12%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$77.77 - $142.00

P/E

13.42

Fwd P/E

14.15

Beta

1.33

Div Yield

0.00%

Avg Vol

795.9K

Shares Out

44.3M

Mkt Cap

$3.7B

Price action

Price chart

Down 37.0% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

5 reasons

  • Integrated end-to-end platform spanning hardware, connectivity, and software analytics
  • Established relationships with thousands of utilities and municipalities globally
  • Recurring revenue model through software-as-a-service and maintenance contracts
  • Proprietary data analytics and AI capabilities for operational optimization
  • Significant switching costs once deployed across customer infrastructure
▼

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Global utility infrastructure modernization and digital transformation initiatives

Value

Undervalued - trading well below sector peers

Momentum

Stable

-4.7% over 3m

Quality

Stable

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Jul 30, 2026

“
Q2 26 RECAP

APR 28, 2026

Reported EPS of $1.49 vs $1.26 consensus (+18.3% surprise). Revenue of $587.0M vs $572.0M expected (+2.6%). Beat on both top and bottom lines.

EPS beat +18.3%
Rev beat +2.6%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+18.3%

Next: Jul 30, 2026

Revenue trend · last 8Q

—

—

+6%

+1%

-0%

-5%

-7%

-3%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$609.1M

$615.5M

$612.9M

$607.2M

$606.8M

$581.6M

$571.7M

$587.0M

Margins · last 8Q

Gross

—

Operating

—

Profit

9.1%

View full earnings history →

Wall Street consensus

7 analysts · 86% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

6

86%

Hold

1

14%

Sell

0%

Median Price Target

$135.50

▲ +60.6% vs $84.39

Low $135.00
Median $135.50
High $136.00

Latest: Stephens · May 20, 2026

2 analysts covering

View full analyst page →

vs Industry

How ITRI stacks vs Hardware, Equipment & Parts

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.