ITRITechnology · Scientific & Technical InstrumentsThe 11 Wall Street analysts covering Itron, Inc. hold a median 12-month price target of $130 — +47.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 76 of 100 as at 22 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Itron, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Volatility (98): The share price has been relatively steady.
Growth (27): Sales and profits are flat, shrinking, or growing more slowly than they were.
Size (26): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on ITRI, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +47.4% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 29 July 2026 | Needham | Maintains | Buy | $116 → $128 |
| 20 May 2026 | Stephens & Co. | Reiterates | Overweight | $130 |
| 20 May 2026 | Stephens & Co. | Reiterates | Overweight | — |
| 29 Apr 2026 | TD Cowen | Maintains | Buy | — |
| 16 Apr 2026 | JP Morgan | Maintains | Overweight | — |
| 16 Apr 2026 | Oppenheimer | Maintains | Outperform | — |
| 6 Mar 2026 | Needham | Initiates | Buy | — |
| 18 Feb 2026 | Baird | Upgrade | Outperform | — |
| 18 Feb 2026 | Oppenheimer | Maintains | Outperform | — |
| 17 Feb 2026 | Guggenheim | Downgrade | Neutral | — |
| 13 Feb 2026 | Guggenheim | Downgrade | Neutral | — |
| 27 Jan 2026 | Oppenheimer | Maintains | Outperform | — |
| 5 Jan 2026 | Johnson Rice | Upgrade | Buy | — |
| 4 Nov 2025 | Argus Research | Downgrade | Hold | — |
| 31 Oct 2025 | Baird | Downgrade | Neutral | — |
| 16 Oct 2025 | JP Morgan | Maintains | Overweight | — |
| 7 Oct 2025 | Stephens & Co. | Reiterates | Equal-Weight | — |
| 31 July 2025 | JP Morgan | Upgrade | Overweight | — |
| 22 July 2025 | JP Morgan | Maintains | Neutral | — |
| 22 July 2025 | Roth Capital | Maintains | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
ITRI appears in the Radar on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 22 Oct 2026, Itron, Inc. returned −33.4% against +15.6% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 47% of US stocks
Cheaper than 56% of US stocks
Cheaper than 37% of US stocks
Cheaper than 27% of US stocks
Higher than 18% of US stocks
Higher than 20% of US stocks
Higher than 50% of US stocks
Higher than 70% of US stocks
Higher than 73% of US stocks
Higher than 77% of US stocks
Higher than 76% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Itron, Inc. has a market value of $3.9B and an enterprise value of $4.7B.
Revenue in the twelve months to 31 Mar 2026: $2.3B. The latest quarter shrank 7.2% year on year.
Net income over the same four quarters: $291.6M, a 12.4% net margin.
Diluted earnings per share, trailing twelve months: $6.27.
Free cash flow in the twelve months to 31 Mar 2026: $394.6M, after $24.8M of capital spending.
Itron, Inc. spent $200.0M on share buybacks in the twelve months to 31 Mar 2026.
Trailing P/E: 14.2×; forward P/E: 12.6× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Itron, Inc. employs 4,987 people — $471K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Itron, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Itron reported $81 million in free cash flow, record margins and a $4.4 billion backlog as deployments accelerate, while facing working capital challenges.
Why it matters — The cash flow, margins and backlog provide context for Itron watchers assessing whether the company can sustain cash flow strength amid faster deployments.
Eversource Energy received the 2026 Itron Innovator Award for advancing advanced metering infrastructure beyond meter reading. The recognition cites its work modernizing grid operations with resilient connectivity and grid-edge intelligence.
Why it matters — The award highlights an application of Itron-related technologies in utility modernization and grid operations.
Itron closed at $82.14 in the latest trading session, down 1.08% from the prior day. The headline notes that the stock fell as the broader market gained.
Why it matters — ITRI watchers may note the stock’s daily decline amid gains in the broader market.
An Itron study found that 87% of Nordic utilities say major data and intelligence investments have supported at least two additional use cases, while 47% report four or more. Utilities cited load growth as the top grid stressor, followed by customer expectations and distributed energy resource growth.
Why it matters — The findings highlight utility demand for turning data insights into action through automation, a topic relevant to Itron watchers.
Itron’s global study found that 93% of utilities say major data and intelligence investments have enabled at least two use cases beyond their original purpose; 47% report four or more. Utilities cited load growth (43%) as their top grid stressor, followed by rising customer expectations (36%).
Why it matters — The findings highlight reported utility demand for broader value from data investments and the grid pressures Itron serves.
The 11 Wall Street analysts covering Itron, Inc. have a median 12-month price target of $130, with estimates ranging from $107 to $150. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 11 analysts covering Itron, Inc., 9 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Itron, Inc. 76 out of 100 across roughly 4,600 US stocks as at 22 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 Oct 2026, Itron, Inc. ranks 76 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (98 of 100).
No one can know that. What the data says: the median 12-month target from 11 analysts implies +47.4% from the last close, and Ticker Nerd's factor model ranks Itron, Inc. 76 out of 100 as at 22 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Itron, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ITRI are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $107 to $150 over the next 12 months.
Itron, Inc. returned -33.4% over the 12 months to 22 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Itron, Inc. is a technology and services company that provides solutions for energy, water, and smart city operations.
The most recent item we track (Zacks Investment Research, 21 Oct 2026): "Can Itron Maintain Cash Flow Strength as Deployments Accelerate?". Itron reported $81 million in free cash flow, record margins and a $4.4 billion backlog as deployments accelerate, while facing working capital challenges.
Itron, Inc. is a technology and services company that provides solutions for energy, water, and smart city operations. Its portfolio includes smart meters, communication networks, sensors, software, and data analytics tools that help utilities and municipalities measure, manage, and optimize critical infrastructure. The company serves electric, gas, and water utilities, as well as cities and public-sector organizations, with products and services designed to improve operational efficiency, resource visibility, and service reliability. Itron’s business is organized around device solutions, networked solutions, and outcomes-based services, reflecting its focus on connected infrastructure and industrial IoT applications. Headquartered in Liberty Lake, Washington, Itron plays a significant role in the utility technology market by supporting modern metering, grid connectivity, and resource management across a wide range of global markets.
CEO Mr. Thomas L. Deitrich · 4,987 employees · United States · https://na.itron.com
