Companies /Technology

Itron Inc

NASDAQ: ITRI Scientific & Technical Instruments
$94.69
▲ $2.10 (+2.27%) today
Markets closed · 7:49pm ET

24/7 Wall St. View

ITRI at a Glance

Valuation
Market cap
$4.1B
P/E ratio
15.0
Profitability
Revenue (TTM)
$2.3B
Profit margin
12.0%
EPS (TTM)
$6.17
Price
52-week range
$78 – $112
24/7 target
$144.46
Street target
$128.44

Headquartered in Liberty Lake, WA Fiscal year ends December NASDAQ: ITRI na.itron.com

About Itron

Itron, Inc. (NASDAQ: ITRI) is a global technology company that provides solutions for utilities and cities to manage energy and water resources. The company operates through four segments: Device Solutions (metering hardware for electricity, gas, and water), Networked Solutions (communication networks and smart grid infrastructure), Outcomes (software, services, and managed solutions that help utilities optimize operations), and Resiliency Solutions (a newer segment focused on infrastructure resilience through acquisitions of Urbint and Locusview). Itron's products and services span smart metering, advanced grid analytics, distribution intelligence, and IIoT platforms. The company serves electric, gas, and water utilities worldwide, with a growing emphasis on recurring revenue from software and services. Itron maintains a total backlog of approximately $4.3 billion, reflecting strong long-term demand driven by utility needs for grid capacity, reliability, and modernization. Updated

Latest Activity

ITRIItron
Q3 2026
EPS
$1.94
est $1.56+24.7%
Revenue
$599M
est $595M+0.7%

Itron's software pivot is now doing the heavy lifting: annual recurring revenue rose 25% to $423 million, the engine behind a quarter where earnings beat expectations despite minimal revenue growth. Management lifted full-year non-GAAP EPS guidance to $6.72 to $6.82.

Quarterly EPS — reported vs estimate

ITRI Coverage

Frequently Asked Questions

What does Itron do?

Itron, Inc. (NASDAQ: ITRI) is a global technology company that provides solutions for utilities and cities to manage energy and water resources.

What is the ITRI stock price target?

24/7 Wall St.'s 12-month price target for ITRI is $144.46, rated Buy. The Wall Street consensus target is $128.44. ITRI price prediction →