12 Month Price Forecast For ITRI
Distance to ITRI Price Forecasts
ITRI Price Momentum
🤔 Considering Itron (ITRI)?
Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.
Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 8:54 AM UTC
ITRI Analyst Ratings & Price Targets
Based on our analysis of 19 Wall Street analysts, ITRI has a consensus that is bullish. The median price target is $130.00, with forecasts ranging from $110.00 to $140.00. Currently, there are 10 Buy ratings, 3 Hold ratings, and 0 Sell ratings.
With ITRI currently trading at $106.12, the median price forecast suggests a 22.5% upside. The most optimistic forecast comes from at , projecting a 31.9% upside, while Tommy Moll at Stephens & Co. provides the most conservative target, suggesting a 3.7% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
ITRI Analyst Consensus
ITRI Price Target Range
Latest ITRI Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for ITRI.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 6, 2024 | Guggenheim | Joseph Osha | Buy | Maintains | $135.00 |
| Nov 1, 2024 | Oppenheimer | Noah Kaye | Outperform | Maintains | $124.00 |
| Nov 1, 2024 | TD Cowen | Jeffrey Osborne | Buy | Maintains | $136.00 |
| Nov 1, 2024 | Baird | Ben Kallo | Outperform | Maintains | $132.00 |
| Nov 1, 2024 | Piper Sandler | Kashy Harrison | Neutral | Maintains | $119.00 |
| Nov 1, 2024 | Roth MKM | Chip Moore | Buy | Maintains | $130.00 |
| Sep 27, 2024 | Janney Montgomery Scott | Sean Milligan | Buy | Initiates | $131.00 |
| Aug 21, 2024 | Roth MKM | Chip Moore | Buy | Maintains | $125.00 |
| Aug 5, 2024 | Stephens & Co. | Tommy Moll | Equal-Weight | Reiterates | $110.00 |
| Aug 2, 2024 | Baird | Ben Kallo | Outperform | Maintains | $123.00 |
| Aug 2, 2024 | Roth MKM | Chip Moore | Buy | Maintains | $125.00 |
| Jul 22, 2024 | Piper Sandler | Kashy Harrison | Neutral | Maintains | $110.00 |
| Jul 17, 2024 | Oppenheimer | Noah Kaye | Outperform | Maintains | $112.00 |
| Jul 16, 2024 | JP Morgan | Mark Strouse | Neutral | Maintains | $112.00 |
| Jul 16, 2024 | Roth MKM | Chip Moore | Buy | Maintains | $122.00 |
| Jul 11, 2024 | Guggenheim | Joseph Osha | Buy | Upgrade | $130.00 |
| Jun 20, 2024 | Canaccord Genuity | Austin Moeller | Buy | Maintains | $120.00 |
| May 21, 2024 | Piper Sandler | Kashy Harrison | Neutral | Downgrade | $109.00 |
| May 6, 2024 | Stephens & Co. | Tommy Moll | Equal-Weight | Maintains | $110.00 |
| May 3, 2024 | Roth MKM | Chip Moore | Buy | Maintains | $112.00 |
Stocks Similar to Itron Inc
The following stocks are similar to Itron based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Itron Inc (ITRI) Financial Data
Itron Inc has a market capitalization of $4.83B with a P/E ratio of 22.0x. The company generates $2.41B in trailing twelve-month revenue with a 9.4% profit margin.
Revenue growth is +9.8% quarter-over-quarter, while maintaining an operating margin of +11.9% and return on equity of +17.3%.
Valuation Metrics
Growth & Margins
Financial Health
🔥 Want More High-Potential Stock Ideas?
Join 5,000+ investors getting our research on stocks with massive upside potential.
Itron Inc (ITRI) Company Overview
About Itron Inc
Provides technology solutions for energy and water management.
Itron generates revenue through three main segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment sells hardware for measurement and control, while the Networked Solutions segment focuses on smart meters and data management infrastructure. The Outcomes segment offers software and services that leverage AI and machine learning to enhance operational efficiency and decision-making for utilities and smart cities.
Itron serves a diverse customer base including utility companies and municipalities, leveraging a mix of direct sales and partnerships. The company has been operational since 1977 and is headquartered in Liberty Lake, Washington, positioning itself as a leader in smart city technology and energy management solutions.
Company Information
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
5,081
CEO
Mr. Thomas L. Deitrich
Country
United States
IPO Year
1993
Website
www.itron.com/naItron Inc (ITRI) Latest News & Analysis
Itron, Inc. (NASDAQ: ITRI) will release its Q4 and full year 2024 financial results on Jan. 16, 2025, at 8:30 a.m.
Itron's upcoming financial results can impact stock performance and investor sentiment, indicating growth or challenges in the utility management sector.
Itron (ITRI) closed at $103.36, down 0.24% from the prior trading day.
Itron's slight decline indicates potential volatility, which may affect short-term trading strategies and investor sentiment towards the stock.
Best Growth Stocks to Buy for January 10th
13 days agoITRI, GAP, and NCNO have been added to the Zacks Rank #1 (Strong Buy) growth stocks list as of January 10, 2024.
ITRI, GAP, and NCNO earning a Zacks Rank #1 indicates strong growth potential, suggesting favorable performance, which may attract investor interest and drive stock prices higher.
Zacks Style Scores can assist investors in selecting strong, market-beating stocks for their portfolios.
Zacks Style Scores can guide investors in selecting high-performing stocks, potentially enhancing portfolio returns and improving investment strategies.
Itron is experiencing strong demand in the energy and water sectors, driving increased adoption of its solutions.
Itron's rising demand in energy and water sectors signals robust growth potential, which may lead to higher revenues and improved stock performance, attracting investor interest.
Itron (ITRI) closed at $110.29, up 1.62% from the previous trading session.
Itron's stock increase indicates positive market sentiment and potential growth, which can attract more investors and impact future trading dynamics.
Frequently Asked Questions About ITRI Stock
What is Itron Inc's (ITRI) stock forecast for 2025?
Based on our analysis of 19 Wall Street analysts, Itron Inc (ITRI) has a median price target of $130.00. The highest price target is $140.00 and the lowest is $110.00.
Is ITRI stock a good investment in 2025?
According to current analyst ratings, ITRI has 10 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $106.12. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for ITRI stock?
Wall Street analysts predict ITRI stock could reach $130.00 in the next 12 months. This represents a 22.5% increase from the current price of $106.12. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Itron Inc's business model?
Itron generates revenue through three main segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment sells hardware for measurement and control, while the Networked Solutions segment focuses on smart meters and data management infrastructure. The Outcomes segment offers software and services that leverage AI and machine learning to enhance operational efficiency and decision-making for utilities and smart cities.
What is the highest forecasted price for ITRI Itron Inc?
The highest price target for ITRI is $140.00 from at , which represents a 31.9% increase from the current price of $106.12.
What is the lowest forecasted price for ITRI Itron Inc?
The lowest price target for ITRI is $110.00 from Tommy Moll at Stephens & Co., which represents a 3.7% increase from the current price of $106.12.
What is the overall ITRI consensus from analysts for Itron Inc?
The overall analyst consensus for ITRI is bullish. Out of 19 Wall Street analysts, 10 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $130.00.
How accurate are ITRI stock price projections?
Stock price projections, including those for Itron Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
