ITRIITRITechnology · Scientific & Technical Instruments

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

Last close, 24 Aug 2026
$99
−1.31% on the day

The 12 Wall Street analysts covering Itron, Inc. hold a median 12-month price target of $130 — +31.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 73 of 100 as at 22 Aug 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$4.3B
Ticker Nerd rank
73 / 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
−1.9%
1M
+17.2%
YTD
+6.3%
1Y
−22.2%
From 52W high
−28.6%
From 52W low
+26.5%
$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 22 Aug 2026
73 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
97
Revisions
93
Volatility
93
Quality
91
Issuance
51
Accruals
42
Growth
29
Momentum
26
Size
26

Value (97): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Momentum (26): The shares have been drifting down relative to others.

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$160Oct 25Jan 26Apr 26Jul 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 +31.7% 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 24 Aug 2026, Itron, Inc. returned −22.2% against +19.6% for the S&P 500, dividends included.

ITRI vs S&P 500, last 12 monthsTotal return, rebased to 100
60708090100110120130Oct 25Jan 26Apr 26Jul 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
+7.4%
Analysts raising
10
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
16.7×

Cheaper than 44% of US stocks

Price / sales
1.9×

Cheaper than 54% of US stocks

Price / book
2.7×

Cheaper than 38% of US stocks

EV / EBITDA
14.4×

Cheaper than 25% of US stocks

Growth & margins
Revenue growth (YoY)
−7.2%

Higher than 18% of US stocks

Earnings growth (YoY)
−22.0%

Higher than 19% of US stocks

Gross margin
40.3%

Higher than 51% 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 $4.3B and an enterprise value of $5.2B.

  • 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: 16.7×; forward P/E: 14.3× — 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 25 Aug 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.$4.3B
73
VNTVontier Corp.$4.6B
83
BMIBadger Meter, Inc.$3.9B
41
NOVTNovanta, Inc.$5.5B
55
STSensata Technologies Holding Plc$6.2B
94
ESEESCO Technologies, Inc.$7.4B
89
CGNXCognex Corp.$10.1B
87

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

Brokers Suggest Investing in Itron (ITRI): Read This Before Placing a Bet

Zacks Investment Research · 21 Aug 2026neutral

Zacks Investment Research published an article discussing how investors often rely on Wall Street analysts' Buy, Sell, or Hold recommendations when making stock decisions about Itron (ITRI), and noting that media reports of rating changes can affect the stock's price while questioning whether these changes truly matter.

Why it matters — ITRI watchers would care because the piece examines whether brokerage analyst recommendations, which can influence Itron's stock price, should factor into their investment decisions.

Best Momentum Stock to Buy for August 19th

Zacks Investment Research · 19 Aug 2026positive

On August 19, 2026, ITRI was named to the Zacks Rank #1 (Strong Buy) momentum stocks list, alongside AMAT and CHYM. The selection highlights the stock's momentum as identified by Zacks Investment Research.

Why it matters — ITRI watchers would be interested because the stock was singled out by Zacks as a top-ranked momentum pick, signaling recognition of its current market strength.

Best Value Stocks to Buy for August 19th

Zacks Investment Research · 19 Aug 2026positive

On August 19, 2026, Itron, Inc. (ITRI) was added to Zacks Investment Research's Rank #1 (Strong Buy) value stocks list, alongside KUBTY and ENS.

Why it matters — A Zacks Rank #1 (Strong Buy) value-stock designation signals that ITRI is viewed favorably on valuation metrics, which is notable for investors following the company.

New Strong Buy Stocks for August 19th

Zacks Investment Research · 19 Aug 2026positive

Itron, Inc. (ITRI) was added to the Zacks Rank #1 (Strong Buy) List on August 19, 2026, according to Zacks Investment Research. The announcement was part of a group of stocks including CHYM, KUBTY, ENS, and PLTR that were added on the same date.

Why it matters — A Strong Buy rating from Zacks signals analyst confidence in ITRI's near-term prospects, which could influence investor attention on the stock.

Itron (ITRI) Upgraded to Buy: Here's Why

Zacks Investment Research · 17 Aug 2026positive

Zacks Investment Research upgraded Itron (ITRI) to a Zacks Rank #2 (Buy), citing growing optimism about the company's earnings prospects. The report notes this could drive the stock higher in the near term.

Why it matters — An upgrade to Buy reflects improved analyst sentiment about Itron's earnings outlook, which ITRI watchers may view as a meaningful signal for the stock's near-term direction.

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. 73 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ITRI?

As at 22 Aug 2026, Itron, Inc. ranks 73 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 Value (97 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 +31.7% from the last close, and Ticker Nerd's factor model ranks Itron, Inc. 73 out of 100 as at 22 Aug 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 -22.2% over the 12 months to 24 Aug 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 to measure, manage, and analyze energy and water use.

What is the latest news on ITRI?

The most recent item we track (Zacks Investment Research, 21 Aug 2026): "Brokers Suggest Investing in Itron (ITRI): Read This Before Placing a Bet". Zacks Investment Research published an article discussing how investors often rely on Wall Street analysts' Buy, Sell, or Hold recommendations when making stock decisions about Itron (ITRI), and noting that media reports of rating changes can affect the stock's price while questioning whether these changes truly matter.

Company

About Itron, Inc.

Itron Inc. is a technology and services company that provides solutions to measure, manage, and analyze energy and water use. It operates through three key segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products for measurement, control, and sensing without embedded communications, designed for integration with broader Itron systems. Networked Solutions combines communicating devices, network infrastructure, and application software into complete solutions. The Outcomes segment delivers value-added software and services that manage, organize, analyze, and interpret data to enhance decision-making and operational profitability. These offerings support utilities and cities in optimizing resource efficiency, enabling smart grid technologies, and improving sustainability efforts. Founded in 1977 and headquartered in Liberty Lake, Washington, Itron Inc. plays a vital role in the intelligent edge solutions market, focusing on next-generation infrastructure for energy and water management.

CEO Mr. Thomas L. Deitrich · 4,987 employees · United States · https://na.itron.com