Itron (NASDAQ:ITRI) Shares Gap Up Following Strong Earnings

Itron, Inc. (NASDAQ:ITRI)’s stock price gapped up before the market opened on Tuesday following a better than expected earnings announcement. The stock had previously closed at $89.36, but opened at $98.89. Itron shares last traded at $103.16, with a volume of 471,759 shares changing hands.

The scientific and technical instruments company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.19 by $0.27. Itron had a net margin of 10.69% and a return on equity of 17.82%. During the same period last year, the company posted $1.35 EPS. The business’s revenue for the quarter was down 6.7% on a year-over-year basis.

Itron News Roundup

Here are the key news stories impacting Itron this week:

• Positive Sentiment: EPS beat and solid profitability metrics: Itron reported Q4 EPS of $2.46 versus the street estimate of $2.19, with a net margin ~10.7% and ROE ~17.8% — a clear catalyst for the stock’s gain. Itron Press Release
• Positive Sentiment: Q4 sales beat consensus, helping support the stock rally as investors focus on execution and revenue quality despite mixed top-line trends. Itron’s (NASDAQ:ITRI) Q4 CY2025 Sales Beat Estimates
• Positive Sentiment: Product and AI momentum: Coverage on how Itron plans to use AI to reduce wildfire risk highlights a scalable software/analytics opportunity that could lift higher-margin recurring revenue over time. How Itron (ITRI) Will Use AI To Reduce Wildfire Risks
• Neutral Sentiment: Analyst previews and investor materials: Several previews and slide decks discussed whether a shift toward software can offset margin pressure — important context but not an immediate catalyst. Itron earnings on deck: Can software shift offset margin pressure?
• Neutral Sentiment: Short-interest note shows no meaningful published change in the latest snapshot (data oddity/zeros), so short-covering is unlikely to be a primary driver. (Source: market data compilation)
• Negative Sentiment: Revenue decline and regulatory delays: Revenue fell ~6.7% year‑over‑year in Q4 and several reports cite slower-than-anticipated regulatory approvals that hurt quarter timing — a clear near-term headwind for growth and guidance visibility. Slower-Than-Anticipated Regulatory Approvals Hurt Itron (ITRI) in Q4
• Negative Sentiment: Margin pressure risk: Analysts and commentary warn that product mix and the top-line decline could pressure margins going forward unless software/recurring revenue growth accelerates faster than expected. What to Expect from Itron’s Earnings

Analyst Ratings Changes

Several research analysts have weighed in on ITRI shares. Guggenheim set a $155.00 target price on Itron in a research note on Friday. Argus reaffirmed a “hold” rating on shares of Itron in a research note on Tuesday, November 4th. Zacks Research cut shares of Itron from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 28th. Robert W. Baird restated a “neutral” rating and issued a $118.00 price objective (down from $137.00) on shares of Itron in a research report on Friday, October 31st. Finally, Johnson Rice upgraded shares of Itron from an “accumulate” rating to a “buy” rating and set a $130.00 target price on the stock in a research report on Monday, January 5th. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $136.10.

Insider Activity at Itron

In related news, SVP Justin K. Patrick sold 379 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $96.51, for a total value of $36,577.29. Following the sale, the senior vice president owned 20,382 shares of the company’s stock, valued at $1,967,066.82. This trade represents a 1.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Joan S. Hooper sold 948 shares of Itron stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $96.51, for a total transaction of $91,491.48. Following the sale, the chief financial officer owned 87,446 shares in the company, valued at approximately $8,439,413.46. This represents a 1.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 3,113 shares of company stock valued at $301,678. Company insiders own 1.51% of the company’s stock.

Institutional Investors Weigh In On Itron

A number of institutional investors have recently bought and sold shares of the business. Private Trust Co. NA increased its position in Itron by 112.4% during the fourth quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 145 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in Itron in the second quarter valued at about $30,000. Employees Retirement System of Texas bought a new stake in Itron in the third quarter valued at $32,000. Bessemer Group Inc. boosted its holdings in shares of Itron by 125.7% in the 2nd quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock worth $34,000 after acquiring an additional 142 shares in the last quarter. Finally, Optiver Holding B.V. bought a new position in shares of Itron in the third quarter worth about $36,000. 96.19% of the stock is currently owned by institutional investors and hedge funds.

Itron Trading Up 14.7%

The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.46. The company has a market cap of $4.69 billion, a P/E ratio of 18.43, a P/E/G ratio of 0.51 and a beta of 1.48. The business has a 50-day moving average price of $97.61 and a two-hundred day moving average price of $110.66.

Itron Company Profile

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.