Itron (ITRI) Stock Forecast, Price Target & Predictions
ITRI Stock Forecast
Itron stock forecast is as follows: an average price target of $89.91 (represents a -21.80% downside from ITRI’s last price of $114.97) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
ITRI Price Target
The average price target for Itron (ITRI) is $89.91 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $55.00. This represents a potential -21.80% downside from ITRI's last price of $114.97.
ITRI Analyst Ratings
According to 17 Wall Street analysts, Itron's rating consensus is 'Buy'. The analyst rating breakdown for ITRI stock is 1 'Strong Buy' (5.88%), 13 'Buy' (76.47%), 3 'Hold' (17.65%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Itron Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 18, 2024 | Austin Moeller | Canaccord Genuity | $120.00 | $102.86 | 16.66% | 4.38% |
| May 06, 2024 | Tommy Moll | Stephens | $110.00 | $107.01 | 2.79% | -4.32% |
| May 03, 2024 | Kashy Harrison | Piper Sandler | $109.00 | $102.61 | 6.22% | -5.19% |
| Apr 23, 2024 | Chip Moore | Roth Capital | $102.00 | $91.46 | 11.52% | -11.28% |
| Apr 11, 2024 | Kashy Harrison | Piper Sandler | $103.00 | $90.49 | 13.82% | -10.41% |
| Mar 13, 2024 | Ben Kallo | Robert W. Baird | $115.00 | $89.18 | 28.95% | 0.03% |
| Jan 19, 2024 | Noah Kaye | Oppenheimer | $81.00 | $70.96 | 14.15% | -29.55% |
| Feb 02, 2023 | - | Cowen & Co. | $72.00 | $60.16 | 19.68% | -37.37% |
| Aug 05, 2022 | - | Stephens | $55.00 | $50.66 | 8.57% | -52.16% |
| Jul 20, 2022 | - | J.P. Morgan | $73.00 | $51.75 | 41.06% | -36.51% |
The latest Itron stock forecast, released on Jun 18, 2024 by Austin Moeller from Canaccord Genuity, set a price target of $120.00, which represents a 16.66% increase from the stock price at the time of the forecast ($102.86), and a 4.38% increase from ITRI last price ($114.97).
Itron Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 7 |
| Avg Price Target | - | - | $105.71 |
| Last Closing Price | $114.97 | $114.97 | $114.97 |
| Upside/Downside | -100.00% | -100.00% | -8.05% |
In the current month, the average price target of Itron stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Itron's last price of $114.97. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 27, 2024 | Stephens | Buy | Buy | Hold |
| Sep 27, 2024 | Janney Montgomery | - | Buy | Initialise |
| Sep 05, 2024 | Exane BNP Paribas | - | Outperform | Initialise |
| Aug 02, 2024 | Stephens | Buy | Buy | Hold |
| Aug 02, 2024 | Seaport Global | Buy | Buy | Hold |
| Aug 02, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 11, 2024 | Stephens | Buy | Buy | Hold |
| Jul 11, 2024 | Guggenheim | Neutral | Buy | Upgrade |
| Jun 20, 2024 | Stephens | Buy | Buy | Hold |
| Jun 18, 2024 | Canaccord Genuity | Buy | Buy | Hold |
Itron's last stock rating was published by Stephens on Sep 27, 2024. The company gave ITRI a "Buy" rating, the same as its previous rate.
Itron Financial Forecast
Itron Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $577.17M | $560.77M | $541.07M | $494.62M | $467.49M | $420.86M | $431.88M | $475.33M | $485.64M | $486.95M | $489.41M | $519.57M | $525.16M | $540.18M |
| Avg Forecast | $697.49M | $705.60M | $687.86M | $653.39M | $662.44M | $662.48M | $641.92M | $601.46M | $651.01M | $621.60M | $604.77M | $589.18M | $604.07M | $596.41M | $599.25M | $579.49M | $570.24M | $540.25M | $515.86M | $464.22M | $433.64M | $461.34M | $488.52M | $488.49M | $508.55M | $527.45M | $535.91M | $535.81M | $569.76M | $539.39M |
| High Forecast | $729.20M | $737.67M | $719.12M | $683.09M | $692.55M | $692.59M | $671.10M | $628.80M | $680.60M | $649.85M | $632.26M | $641.59M | $604.82M | $596.69M | $599.25M | $579.49M | $573.87M | $540.25M | $539.30M | $485.32M | $453.35M | $461.34M | $488.52M | $488.49M | $508.55M | $527.45M | $535.91M | $535.81M | $569.76M | $539.39M |
| Low Forecast | $639.74M | $647.17M | $630.90M | $599.29M | $607.58M | $607.62M | $588.77M | $551.66M | $597.10M | $570.13M | $554.69M | $497.59M | $603.32M | $596.13M | $599.25M | $579.49M | $566.89M | $540.25M | $473.14M | $425.78M | $397.73M | $461.34M | $488.52M | $488.49M | $508.55M | $527.45M | $535.91M | $535.81M | $569.76M | $539.39M |
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 7 | 3 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.04% | 1.05% | 1.07% | 1.08% | 0.91% | 0.88% | 0.97% | 0.95% | 0.92% | 0.91% | 0.97% | 0.92% | 1.00% |
Itron's average Quarter revenue forecast for Mar 24 based on 4 analysts is $579.49M, with a low forecast of $579.49M, and a high forecast of $579.49M. ITRI's average Quarter revenue forecast represents a 0.40% increase compared to the company's last Quarter revenue of $577.17M (Dec 23).
Itron EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 7 | 3 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $49.27M | $54.89M | $35.10M | $41.04M | $16.64M | $23.48M | $17.07M | $19.04M | $-88.53M | $23.23M | $1.77M | $49.55M | $56.61M | $-2.46M |
| Avg Forecast | $54.37M | $55.00M | $53.62M | $50.93M | $51.64M | $51.64M | $50.04M | $46.88M | $50.75M | $48.45M | $47.14M | $45.93M | $47.09M | $46.49M | $46.71M | $17.54M | $44.45M | $42.11M | $40.21M | $15.95M | $-170.67M | $35.96M | $38.08M | $14.50M | $39.64M | $41.12M | $41.78M | $37.75M | $44.41M | $42.05M |
| High Forecast | $56.84M | $57.50M | $56.06M | $53.25M | $53.99M | $53.99M | $52.31M | $49.02M | $53.05M | $50.66M | $49.29M | $50.01M | $47.15M | $46.51M | $46.71M | $21.05M | $44.73M | $42.11M | $42.04M | $19.14M | $-136.54M | $35.96M | $38.08M | $17.40M | $39.64M | $41.12M | $41.78M | $45.30M | $44.41M | $42.05M |
| Low Forecast | $49.87M | $50.45M | $49.18M | $46.72M | $47.36M | $47.37M | $45.90M | $43.00M | $46.55M | $44.44M | $43.24M | $38.79M | $47.03M | $46.47M | $46.71M | $14.03M | $44.19M | $42.11M | $36.88M | $12.76M | $-204.80M | $35.96M | $38.08M | $11.60M | $39.64M | $41.12M | $41.78M | $30.20M | $44.41M | $42.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.30% | 0.87% | 2.57% | -0.10% | 0.65% | 0.45% | 1.31% | -2.23% | 0.56% | 0.04% | 1.31% | 1.27% | -0.06% |
4 analysts predict ITRI's average Quarter EBITDA for Mar 24 to be $17.54M, with a high of $21.05M and a low of $14.03M. This is -64.40% lower than Itron's previous annual EBITDA (Dec 23) of $49.27M.
Itron Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 7 | 3 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $44.39M | $40.17M | $24.20M | $-12.04M | $22.21M | $4.12M | $-36.87M | $906.00K | $-58.42M | $-1.87M | $-33.12M | $12.60M | $21.52M | $-25.36M |
| Avg Forecast | $78.82M | $81.05M | $76.94M | $67.70M | $68.62M | $70.49M | $63.73M | $53.85M | $62.69M | $60.12M | $54.06M | $49.71M | $47.78M | $51.32M | $43.15M | $685.16K | $34.58M | $23.36M | $14.00M | $622.88K | $-113.49M | $10.77M | $9.73M | $566.25K | $9.37M | $8.37M | $22.22M | $9.60M | $15.65M | $11.57M |
| High Forecast | $83.47M | $85.84M | $81.48M | $71.69M | $72.68M | $74.65M | $67.49M | $57.04M | $66.40M | $63.67M | $57.25M | $57.33M | $54.88M | $51.89M | $43.15M | $822.19K | $36.89M | $23.58M | $14.83M | $747.45K | $-90.79M | $10.77M | $9.73M | $679.50K | $9.37M | $8.37M | $22.22M | $11.52M | $15.65M | $11.57M |
| Low Forecast | $70.33M | $72.32M | $68.65M | $60.41M | $61.23M | $62.90M | $56.87M | $48.06M | $55.94M | $53.65M | $48.24M | $40.76M | $43.52M | $50.76M | $43.14M | $548.13K | $32.28M | $23.14M | $12.50M | $498.30K | $-136.18M | $10.77M | $9.73M | $453.00K | $9.37M | $8.37M | $22.22M | $7.68M | $15.65M | $11.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.28% | 1.72% | 1.73% | -19.32% | -0.20% | 0.38% | -3.79% | 1.60% | -6.24% | -0.22% | -1.49% | 1.31% | 1.37% | -2.19% |
Itron's average Quarter net income forecast for Mar 24 is $685.16K, with a range of $548.13K to $822.19K. ITRI's average Quarter net income forecast represents a -98.46% decrease compared to the company's last Quarter net income of $44.39M (Dec 23).
Itron SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 7 | 3 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $81.60M | $76.58M | $79.08M | $75.52M | $77.73M | $63.45M | $72.88M | $76.40M | $78.55M | $71.84M | $74.14M | $75.99M | $61.90M | $64.98M |
| Avg Forecast | $100.91M | $102.08M | $99.51M | $94.53M | $95.83M | $95.84M | $92.87M | $87.01M | $94.18M | $89.93M | $87.49M | $85.24M | $87.39M | $86.28M | $86.69M | $57.78M | $82.50M | $78.16M | $74.63M | $52.53M | $151.43M | $66.74M | $70.67M | $47.75M | $73.57M | $76.31M | $77.53M | $57.90M | $82.43M | $78.03M |
| High Forecast | $105.49M | $106.72M | $104.03M | $98.82M | $100.19M | $100.20M | $97.09M | $90.97M | $98.46M | $94.01M | $91.47M | $92.82M | $87.50M | $86.32M | $86.69M | $69.33M | $83.02M | $78.16M | $78.02M | $63.03M | $181.71M | $66.74M | $70.67M | $57.30M | $73.57M | $76.31M | $77.53M | $69.48M | $82.43M | $78.03M |
| Low Forecast | $92.55M | $93.63M | $91.27M | $86.70M | $87.90M | $87.90M | $85.18M | $79.81M | $86.38M | $82.48M | $80.25M | $71.99M | $87.28M | $86.24M | $86.69M | $46.22M | $82.01M | $78.16M | $68.45M | $42.02M | $121.14M | $66.74M | $70.67M | $38.20M | $73.57M | $76.31M | $77.53M | $46.32M | $82.43M | $78.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.98% | 1.06% | 1.44% | 0.51% | 0.95% | 1.03% | 1.60% | 1.07% | 0.94% | 0.96% | 1.31% | 0.75% | 0.83% |
Itron's average Quarter SG&A projection for Mar 24 is $57.78M, based on 4 Wall Street analysts, with a range of $46.22M to $69.33M. The forecast indicates a -29.20% fall compared to ITRI last annual SG&A of $81.60M (Dec 23).
Itron EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 7 | 3 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.96 | $0.88 | $0.53 | $-0.27 | $0.49 | $0.09 | $-0.82 | $0.02 | $-1.29 | $-0.04 | $-0.73 | $0.30 | $0.53 | $-0.63 |
| Avg Forecast | $1.72 | $1.77 | $1.68 | $1.48 | $1.50 | $1.54 | $1.39 | $1.17 | $1.37 | $1.31 | $1.18 | $1.08 | $1.04 | $1.12 | $0.94 | $0.84 | $0.75 | $0.51 | $0.31 | $0.11 | $0.09 | $0.23 | $0.21 | $0.08 | $0.20 | $0.18 | $0.48 | $0.42 | $0.34 | $0.25 |
| High Forecast | $1.82 | $1.87 | $1.78 | $1.56 | $1.59 | $1.63 | $1.47 | $1.24 | $1.45 | $1.39 | $1.25 | $1.25 | $1.20 | $1.13 | $0.94 | $0.84 | $0.80 | $0.51 | $0.32 | $0.11 | $0.09 | $0.23 | $0.21 | $0.08 | $0.20 | $0.18 | $0.48 | $0.42 | $0.34 | $0.25 |
| Low Forecast | $1.53 | $1.58 | $1.50 | $1.32 | $1.34 | $1.37 | $1.24 | $1.05 | $1.22 | $1.17 | $1.05 | $0.89 | $0.95 | $1.11 | $0.94 | $0.84 | $0.70 | $0.50 | $0.27 | $0.09 | $0.08 | $0.23 | $0.21 | $0.08 | $0.20 | $0.18 | $0.48 | $0.42 | $0.34 | $0.25 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 1.73% | 1.73% | -2.54% | 5.68% | 0.39% | -3.92% | 0.25% | -6.41% | -0.22% | -1.53% | 0.72% | 1.58% | -2.53% |
According to 4 Wall Street analysts, Itron's projected average Quarter EPS for Mar 24 is $0.84, with a low estimate of $0.84 and a high estimate of $0.84. This represents a -12.65% decrease compared to ITRI previous annual EPS of $0.96 (Dec 23).
Itron Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ST | Sensata Technologies | $33.64 | $51.25 | 52.35% | Buy |
| MKSI | MKS Instruments | $99.57 | $143.09 | 43.71% | Buy |
| FTV | Fortive | $71.16 | $86.63 | 21.74% | Buy |
| VPG | Vishay Precision Group | $23.61 | $27.00 | 14.36% | - |
| ESE | ESCO | $128.21 | $145.00 | 13.10% | Buy |
| TDY | Teledyne | $457.92 | $496.80 | 8.49% | Buy |
| MLAB | Mesa Laboratories | $118.45 | $120.00 | 1.31% | Buy |
| NOVT | Novanta | $174.17 | $175.00 | 0.48% | Buy |
| COHR | Coherent | $90.91 | $85.83 | -5.59% | Buy |
| VNT | Vontier | $37.08 | $32.67 | -11.89% | Buy |
| ITRI | Itron | $114.97 | $89.91 | -21.80% | Buy |
ITRI Forecast FAQ
Is Itron a good buy?
Yes, according to 17 Wall Street analysts, Itron (ITRI) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 13 'Buy' recommendations, accounting for 82.35% of ITRI's total ratings.
What is ITRI's price target?
Itron (ITRI) average price target is $89.91 with a range of $55 to $120, implying a -21.80% from its last price of $114.97. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Itron stock go up soon?
According to Wall Street analysts' prediction for ITRI stock, the company can go down by -21.80% (from the last price of $114.97 to the average price target of $89.91), up by 4.38% based on the highest stock price target, and down by -52.16% based on the lowest stock price target.
Can Itron stock reach $200?
ITRI's average twelve months analyst stock price target of $89.91 does not support the claim that Itron can reach $200 in the near future.
What are Itron's analysts' financial forecasts?
Itron's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.57B (high $2.69B, low $2.36B), average EBITDA is $200.2M (high $209.3M, low $183.63M), average net income is $256.69M (high $271.86M, low $229.06M), average SG&A $371.55M (high $388.44M, low $340.79M), and average EPS is $5.6 (high $5.93, low $5). ITRI's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $2.74B (high $2.87B, low $2.52B), average EBITDA is $213.93M (high $223.65M, low $196.21M), average net income is $304.49M (high $322.49M, low $271.72M), average SG&A $397.02M (high $415.07M, low $364.14M), and average EPS is $6.64 (high $7.04, low $5.93).
Did the ITRI's actual financial results beat the analysts' financial forecasts?
Based on Itron's last annual report (Dec 2023), the company's revenue was $2.17B, beating the average analysts forecast of $2.09B by 3.97%. Apple's EBITDA was $128.87M, missing the average prediction of $142.72M by -9.71%. The company's net income was $96.92M, beating the average estimation of $72.57M by 33.55%. Apple's SG&A was $312.78M, beating the average forecast of $287.81M by 8.68%. Lastly, the company's EPS was $2.11, beating the average prediction of $1.68 by 25.90%. In terms of the last quarterly report (Dec 2023), Itron's revenue was $577.17M, beating the average analysts' forecast of $570.24M by 1.22%. The company's EBITDA was $49.27M, beating the average prediction of $44.45M by 10.84%. Itron's net income was $44.39M, beating the average estimation of $34.58M by 28.34%. The company's SG&A was $81.6M, missing the average forecast of $82.5M by -1.08%. Lastly, the company's EPS was $0.96, beating the average prediction of $0.754 by 27.24%