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ITRIITRITechnology · Scientific & Technical Instruments

ITRI Stock Forecast: Itron, Inc. Price Predictions for 2026-2027

Last close, 2 Oct 2026
$87
+0.31% on the day

The 12 Wall Street analysts covering Itron, Inc. hold a median 12-month price target of $130 — +50.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 76 of 100 as at 1 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$3.8B
Ticker Nerd rank
76 / 100
Median analyst target
$130
Analysts covering
12
Revenue$587.0M−3.3% y/y
Operating income$67.8M
Net income$53.6M
Free cash flow$79.0M
Quarterly, 7 quarters to 31 Mar 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−3.6%
1M
−10.0%
YTD
−6.8%
1Y
−30.0%
From 52W high
−37.4%
From 52W low
+10.9%
$78
$138
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ITRI stock analysis: one number for the whole business

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.

Where the model ranks itAs at 1 Oct 2026
76 / 100

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
Value
98
Revisions
93
Quality
91
Issuance
51
Accruals
43
Momentum
31
Growth
28
Size
26

Volatility (98): The share price has been relatively steady.

Growth (28): 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.

Wall Street

ITRI stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ITRI, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$80$100$120$140$160Jan 26Apr 26Jul 26Oct 26ITRIHigh $150Median $130Low $115

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

What Wall Street says12 analysts
10 Buy2 Hold0 Sell
Low $115Median $130High $150

The green dot is the last close — the median target sits +50.3% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
29 July 2026NeedhamMaintainsBuy$116 → $128
20 May 2026Stephens & Co.ReiteratesOverweight$130
20 May 2026Stephens & Co.ReiteratesOverweight—
29 Apr 2026TD CowenMaintainsBuy—
16 Apr 2026JP MorganMaintainsOverweight—
16 Apr 2026OppenheimerMaintainsOutperform—
6 Mar 2026NeedhamInitiatesBuy—
18 Feb 2026BairdUpgradeOutperform—
18 Feb 2026OppenheimerMaintainsOutperform—
17 Feb 2026GuggenheimDowngradeNeutral—
13 Feb 2026GuggenheimDowngradeNeutral—
27 Jan 2026OppenheimerMaintainsOutperform—
5 Jan 2026Johnson RiceUpgradeBuy—
4 Nov 2025Argus ResearchDowngradeHold—
31 Oct 2025BairdDowngradeNeutral—
16 Oct 2025JP MorganMaintainsOverweight—
7 Oct 2025Stephens & Co.ReiteratesEqual-Weight—
31 July 2025JP MorganUpgradeOverweight—
22 July 2025JP MorganMaintainsNeutral—
22 July 2025Roth CapitalMaintainsBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ITRI appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

ITRI vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 2 Oct 2026, Itron, Inc. returned −30.0% against +15.4% for the S&P 500, dividends included.

ITRI vs S&P 500, last 12 monthsTotal return, rebased to 100
60708090100110120Jan 26Apr 26Jul 26Oct 26ITRIS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

ITRI analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+7.5%
Analysts raising
11
Analysts cutting
0
Fundamentals

Itron, Inc. (ITRI) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
14.4×

Cheaper than 46% of US stocks

Price / sales
1.6×

Cheaper than 57% of US stocks

Price / book
2.3×

Cheaper than 39% of US stocks

EV / EBITDA
12.9×

Cheaper than 27% of US stocks

Growth & margins
Revenue growth (YoY)
−7.2%

Higher than 18% of US stocks

Earnings growth (YoY)
−22.0%

Higher than 20% of US stocks

Gross margin
40.3%

Higher than 50% of US stocks

Operating margin
13.5%

Higher than 70% of US stocks

Net margin
11.9%

Higher than 73% of US stocks

Returns & dividend
Return on equity
16.9%

Higher than 77% of US stocks

Return on assets
5.0%

Higher than 76% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Itron, Inc. (ITRI) statistics: revenue, profit & scale

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 $3.8B 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.

  • Shares outstanding: 43.8M.

  • Trailing P/E: 14.4×; forward P/E: 12.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Itron, Inc. employs 4,987 people — $471K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 Mar 2026 · market figures as at 1 Oct 2026

Data provided by Twelve Data

Peers

ITRI vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelScientific & Technical Instruments
CompanyMarket capTKN rank
ITRIItron, Inc.$3.8B
76
BMIBadger Meter, Inc.$3.7B
40
VNTVontier Corp.$4.5B
84
NOVTNovanta, Inc.$5.4B
60
STSensata Technologies Holding Plc$6.2B
93
ESEESCO Technologies, Inc.$7.0B
86
CGNXCognex Corp.$10.4B
86

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 →

News

Latest ITRI news & analysis

Are Investors Undervaluing Itron (ITRI) Right Now?

Zacks Investment Research · 29 Sept 2026neutral

Zacks Research discusses Itron in the context of its Zacks Rank system, which focuses on earnings estimates and estimate revisions, while also noting the firm tracks value, growth, and momentum trends to identify strong stocks. The piece considers whether investors are currently undervaluing Itron.

Why it matters — Itron watchers would care because the item indicates the stock is being evaluated through Zacks' estimate-based ranking methodology to assess its investment attractiveness.

Netmore and Itron Complete Validation of LoRaWAN® Relay for Smart Water Metering

Business Wire · 28 Sept 2026positive

Netmore Group, in collaboration with Itron and Abeeway, announced the validation of LoRaWAN Relay across a complete smart water metering stack. The integration confirms end-to-end interoperability between Itron's Cyble 5 RF module, the Abeeway LoRaWAN Relay, and Netmore's LoRaWAN network as a tested, production-ready relay solution.

Why it matters — This validation positions Itron's smart water metering technology as part of a proven, production-ready LoRaWAN relay solution, supporting expanded network coverage and deployment readiness for its customers.

Itron (ITRI) Stock Sinks As Market Gains: Here's Why

Zacks Investment Research · 25 Sept 2026negative

Itron (ITRI) shares fell 2.03% in the latest trading day, closing at $89.66, a decline compared to its prior close even as the broader market advanced. The stock's drop came despite overall market gains.

Why it matters — ITRI watchers would note the stock underperformed the market on the day, closing lower at $89.66 with a 2.03% decline.

Itron Launches Riva IEC Grid Edge Portfolio as a Practical Foundation for Edge Intelligence in Asia Pacific Region

GlobeNewsWire · 22 Sept 2026positive

Itron launched its Riva S and Itron Riva T IEC electricity meters in the Asia Pacific region as part of its new Riva IEC Grid Edge Portfolio. These grid edge devices offer advanced metrology, high-frequency sampling, and grid intelligence to help utilities improve low-voltage network visibility and flexibility.

Why it matters — This launch expands Itron's addressable market with a new regional product portfolio that positions the company in the growing grid-edge intelligence space.

Itron: Encouraging Read-Throughs From Favorable Corporate Developments

Seeking Alpha · 22 Sept 2026positive

Seeking Alpha reports that Itron, Inc. maintains a Buy rating, citing international expansion and platform upgrades as supporting factors. The note highlights the Cyble5 deployment in Europe and the newly-launched IEE Cloud AI as opportunities for sales growth, profitability, and improved recurring revenue.

Why it matters — ITRI watchers would care because these corporate developments point to potential sales growth, profitability improvements, and stronger customer retention tied to its platform expansion.

FAQ

Frequently asked questions about ITRI stock

What is the ITRI stock price forecast for 2026-2027?

The 12 Wall Street analysts covering Itron, Inc. have a median 12-month price target of $130, with estimates ranging from $115 to $150. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ITRI stock a buy right now?

Of the 12 analysts covering Itron, Inc., 10 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 1 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ITRI?

As at 1 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).

Will ITRI stock go up?

No one can know that. What the data says: the median 12-month target from 12 analysts implies +50.3% from the last close, and Ticker Nerd's factor model ranks Itron, Inc. 76 out of 100 as at 1 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ITRI stock forecast for 2030?

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: $115 to $150 over the next 12 months.

How has ITRI stock performed over the past year?

Itron, Inc. returned -30.0% over the 12 months to 2 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Itron, Inc. do?

Itron, Inc. is a technology and services company that provides solutions for energy, water, and smart city operations.

What is the latest news on ITRI?

The most recent item we track (Zacks Investment Research, 29 Sept 2026): "Are Investors Undervaluing Itron (ITRI) Right Now?". Zacks Research discusses Itron in the context of its Zacks Rank system, which focuses on earnings estimates and estimate revisions, while also noting the firm tracks value, growth, and momentum trends to identify strong stocks. The piece considers whether investors are currently undervaluing Itron.

Company

About Itron, Inc.

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