Itron, Inc. (NASDAQ:ITRI) Receives $137.10 Average Price Target from Analysts

Itron, Inc. (NASDAQ:ITRI) has earned an average recommendation of “Moderate Buy” from the thirteen analysts that are currently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $137.10.

ITRI has been the topic of several recent research reports. Guggenheim set a $155.00 price target on Itron in a report on Friday, February 13th. Robert W. Baird set a $128.00 price objective on Itron and gave the company an “outperform” rating in a research note on Wednesday, February 18th. Zacks Research raised Itron from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 26th. Needham & Company LLC began coverage on shares of Itron in a report on Friday, March 6th. They issued a “buy” rating and a $124.00 target price on the stock. Finally, Johnson Rice upgraded shares of Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Monday, January 5th.

Itron Stock Performance

Shares of ITRI stock opened at $85.60 on Friday. The firm has a 50 day moving average of $95.88 and a two-hundred day moving average of $104.69. The stock has a market capitalization of $3.79 billion, a PE ratio of 13.15, a P/E/G ratio of 0.77 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. Itron has a 52 week low of $85.11 and a 52 week high of $142.00.

Itron (NASDAQ:ITRI) last posted its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share for the quarter, topping 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 return on equity of 20.04% and a net margin of 12.72%.The company’s revenue was down 6.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.35 earnings per share. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. On average, research analysts predict that Itron will post 5.33 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Joan S. Hooper sold 3,533 shares of Itron stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $95.92, for a total transaction of $338,885.36. Following the completion of the sale, the chief financial officer directly owned 118,275 shares of the company’s stock, valued at approximately $11,344,938. The trade was a 2.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Laurie Ann Pulatie-Hahn sold 729 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $100.17, for a total value of $73,023.93. Following the completion of the transaction, the senior vice president directly owned 32,950 shares in the company, valued at $3,300,601.50. This trade represents a 2.16% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 51,180 shares of company stock worth $5,085,475. 1.45% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ITRI. Private Trust Co. NA raised its position in shares of Itron by 112.4% during the 4th quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 145 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in Itron in the second quarter valued at approximately $30,000. Employees Retirement System of Texas purchased a new position in Itron in the third quarter valued at approximately $32,000. Optiver Holding B.V. acquired a new stake in Itron during the third quarter worth approximately $36,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Itron by 29.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock worth $41,000 after purchasing an additional 101 shares in the last quarter. 96.19% of the stock is owned by institutional investors and hedge funds.

About Itron

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.