Itron, Inc. (NASDAQ:ITRI) Receives $137.10 Consensus PT from Analysts

Itron, Inc. (NASDAQ:ITRI) has been assigned a consensus rating of “Moderate Buy” from the thirteen research firms that are covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $137.10.

A number of equities analysts have recently commented on the company. Oppenheimer lifted their price objective on Itron from $125.00 to $133.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Weiss Ratings downgraded Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Guggenheim set a $155.00 target price on Itron in a report on Friday, February 13th. Needham & Company LLC began coverage on Itron in a report on Friday, March 6th. They set a “buy” rating and a $124.00 price target for the company. Finally, Johnson Rice raised Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Monday, January 5th.

Itron Trading Up 2.3%

Shares of ITRI stock opened at $93.40 on Friday. Itron has a 12 month low of $88.57 and a 12 month high of $142.00. The company has a market cap of $4.20 billion, a PE ratio of 14.35, a price-to-earnings-growth ratio of 0.79 and a beta of 1.44. The company has a quick ratio of 1.56, a current ratio of 1.80 and a debt-to-equity ratio of 0.45. The business’s 50 day moving average is $96.65 and its two-hundred day moving average is $105.32.

Itron (NASDAQ:ITRI) last posted its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.27. The business had revenue of $571.66 million for the quarter, compared to analyst estimates of $561.31 million. Itron had a net margin of 12.72% and a return on equity of 20.04%. Itron’s revenue was down 6.7% compared to the same quarter last year. During the same period last year, the business posted $1.35 EPS. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. Equities analysts predict that Itron will post 5.33 EPS for the current year.

Insider Activity

In other news, SVP Donald L. Reeves III sold 5,419 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $99.54, for a total transaction of $539,407.26. Following the transaction, the senior vice president owned 33,140 shares in the company, valued at approximately $3,298,755.60. The trade was a 14.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Joan S. Hooper sold 15,293 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $99.54, for a total transaction of $1,522,265.22. Following the completion of the sale, the chief financial officer owned 124,196 shares of the company’s stock, valued at approximately $12,362,469.84. The trade was a 10.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 51,180 shares of company stock worth $5,085,475. Corporate insiders own 1.51% of the company’s stock.

Hedge Funds Weigh In On Itron

Large investors have recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Itron during the 2nd quarter worth approximately $30,000. Employees Retirement System of Texas acquired a new position in shares of Itron in the third quarter valued at $32,000. Private Trust Co. NA lifted its position in Itron by 112.4% in the fourth quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock worth $25,000 after purchasing an additional 145 shares during the period. Optiver Holding B.V. bought a new position in Itron in the third quarter worth $36,000. Finally, Salomon & Ludwin LLC acquired a new stake in Itron during the third quarter worth $42,000. Institutional investors and hedge funds own 96.19% of the company’s stock.

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.