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 -12.32% downside from ITRI’s last price of $102.54) and a rating consensus of 'Buy', based on 16 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 16 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $55.00. This represents a potential -12.32% downside from ITRI's last price of $102.54.
ITRI Analyst Ratings
According to 16 Wall Street analysts, Itron's rating consensus is 'Buy'. The analyst rating breakdown for ITRI stock is 1 'Strong Buy' (6.25%), 12 'Buy' (75.00%), 3 'Hold' (18.75%), 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% | 17.03% |
| May 06, 2024 | Tommy Moll | Stephens | $110.00 | $107.01 | 2.79% | 7.28% |
| May 03, 2024 | Kashy Harrison | Piper Sandler | $109.00 | $102.61 | 6.22% | 6.30% |
| Apr 23, 2024 | Chip Moore | Roth Capital | $102.00 | $91.46 | 11.52% | -0.53% |
| Apr 11, 2024 | Kashy Harrison | Piper Sandler | $103.00 | $90.49 | 13.82% | 0.45% |
| Mar 13, 2024 | Ben Kallo | Robert W. Baird | $115.00 | $89.18 | 28.95% | 12.15% |
| Jan 19, 2024 | Noah Kaye | Oppenheimer | $81.00 | $70.96 | 14.15% | -21.01% |
| Feb 02, 2023 | - | Cowen & Co. | $72.00 | $60.16 | 19.68% | -29.78% |
| Aug 05, 2022 | - | Stephens | $55.00 | $50.66 | 8.57% | -46.36% |
| Jul 20, 2022 | - | J.P. Morgan | $73.00 | $51.75 | 41.06% | -28.81% |
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 17.03% increase from ITRI last price ($102.54).
Itron Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 7 |
| Avg Price Target | - | $120.00 | $105.71 |
| Last Closing Price | $102.54 | $102.54 | $102.54 |
| Upside/Downside | -100.00% | 17.03% | 3.09% |
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 $102.54. This month's average price target is down -100.00% 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 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 |
| May 21, 2024 | Stephens | Buy | Buy | Hold |
| May 21, 2024 | Piper Sandler | Overweight | Neutral | Downgrade |
Itron's last stock rating was published by Exane BNP Paribas on Sep 05, 2024. The company Initialise its ITRI rating from "null" to "Outperform".
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 | Jul 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 | - | $475.33M | $485.64M | $486.95M | $489.41M | $519.57M | $525.16M | $540.18M |
| Avg Forecast | $676.88M | $683.06M | $687.86M | $653.39M | $623.20M | $633.38M | $637.70M | $600.89M | $640.32M | $631.80M | $620.77M | $608.33M | $597.02M | $596.47M | $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 | $681.48M | $687.70M | $692.53M | $657.83M | $627.43M | $637.68M | $642.03M | $604.97M | $644.67M | $636.10M | $624.99M | $612.46M | $601.07M | $600.20M | $603.32M | $583.43M | $573.87M | $543.92M | $519.36M | $467.37M | $436.58M | $464.47M | $488.52M | $496.87M | $517.27M | $536.50M | $545.10M | $545.00M | $579.54M | $548.65M |
| Low Forecast | $672.59M | $678.73M | $683.50M | $649.25M | $619.24M | $629.36M | $633.65M | $597.08M | $636.26M | $627.80M | $616.83M | $604.47M | $593.23M | $592.37M | $595.45M | $575.81M | $566.89M | $536.83M | $512.58M | $461.27M | $430.89M | $458.41M | $488.52M | $484.04M | $503.92M | $522.64M | $531.03M | $530.93M | $564.57M | $534.48M |
| # Analysts | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 10 | 10 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.04% | 1.05% | 1.07% | 1.08% | 0.91% | - | 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 $575.81M, and a high forecast of $583.43M. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 10 | 10 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $49.27M | $54.89M | $35.10M | $41.04M | $16.64M | $23.48M | - | $19.04M | $-88.53M | $23.23M | $1.77M | $49.55M | $56.61M | $-2.46M |
| Avg Forecast | $52.76M | $53.25M | $53.62M | $50.93M | $48.58M | $49.37M | $49.71M | $46.84M | $49.91M | $49.25M | $48.39M | $47.42M | $46.54M | $46.50M | $46.71M | $17.54M | $44.45M | $42.11M | $40.21M | $15.95M | $33.80M | $14.05M | $38.08M | $14.50M | $-155.16M | $12.78M | $2.30M | $37.75M | $52.22M | $-1.19M |
| High Forecast | $53.12M | $53.61M | $53.98M | $51.28M | $48.91M | $49.71M | $50.05M | $47.16M | $50.25M | $49.58M | $48.72M | $47.74M | $46.85M | $46.79M | $47.03M | $21.05M | $44.73M | $42.40M | $40.49M | $19.14M | $34.03M | $16.86M | $38.08M | $17.40M | $-124.12M | $15.33M | $2.76M | $45.30M | $62.67M | $-950.96K |
| Low Forecast | $52.43M | $52.91M | $53.28M | $50.61M | $48.27M | $49.06M | $49.39M | $46.54M | $49.60M | $48.94M | $48.08M | $47.12M | $46.24M | $46.18M | $46.42M | $14.03M | $44.19M | $41.85M | $39.96M | $12.76M | $33.59M | $11.24M | $38.08M | $11.60M | $-186.19M | $10.22M | $1.84M | $30.20M | $41.78M | $-1.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.30% | 0.87% | 2.57% | 0.49% | 1.67% | - | 1.31% | 0.57% | 1.82% | 0.77% | 1.31% | 1.08% | 2.07% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 10 | 10 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $44.39M | $40.17M | $24.20M | $-12.04M | $22.21M | $4.12M | - | $906.00K | $-58.42M | $-1.87M | $-33.12M | $12.60M | $21.52M | $-25.36M |
| Avg Forecast | $64.35M | $66.27M | $67.59M | $58.41M | $57.59M | $60.50M | $62.32M | $52.64M | $59.78M | $59.09M | $55.39M | $50.77M | $47.01M | $51.04M | $43.79M | $685.16K | $35.10M | $23.71M | $14.21M | $622.88K | $4.02M | $-1.13M | $9.70M | $566.25K | $-103.17M | $-1.03M | $-42.93M | $9.60M | $19.85M | $-12.27M |
| High Forecast | $64.92M | $66.86M | $68.19M | $58.92M | $58.10M | $61.03M | $62.87M | $53.11M | $60.31M | $59.61M | $55.88M | $51.22M | $47.43M | $53.75M | $44.18M | $822.19K | $37.44M | $23.92M | $14.34M | $747.45K | $4.05M | $-904.60K | $9.70M | $679.50K | $-82.54M | $-822.36K | $-34.34M | $11.52M | $23.82M | $-9.82M |
| Low Forecast | $63.82M | $65.73M | $67.04M | $57.93M | $57.12M | $60.00M | $61.81M | $52.21M | $59.29M | $58.60M | $54.94M | $50.35M | $46.62M | $48.78M | $43.43M | $548.13K | $32.76M | $23.52M | $14.10M | $498.30K | $3.98M | $-1.36M | $9.70M | $453.00K | $-123.80M | $-1.23M | $-51.51M | $7.68M | $15.88M | $-14.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.26% | 1.69% | 1.70% | -19.32% | 5.53% | -3.64% | - | 1.60% | 0.57% | 1.82% | 0.77% | 1.31% | 1.08% | 2.07% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 10 | 10 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $81.60M | $76.58M | $79.08M | $75.52M | $77.73M | $63.45M | - | $76.40M | $78.55M | $71.84M | $74.14M | $75.99M | $61.90M | $64.98M |
| Avg Forecast | $97.92M | $98.82M | $99.51M | $94.53M | $90.16M | $91.63M | $92.25M | $86.93M | $92.63M | $91.40M | $89.81M | $88.01M | $86.37M | $86.29M | $86.69M | $57.78M | $82.50M | $78.16M | $74.63M | $52.53M | $62.73M | $43.46M | $70.67M | $47.75M | $137.66M | $39.51M | $96.09M | $57.90M | $57.11M | $31.45M |
| High Forecast | $98.59M | $99.49M | $100.19M | $95.17M | $90.77M | $92.25M | $92.88M | $87.52M | $93.26M | $92.02M | $90.42M | $88.60M | $86.96M | $86.83M | $87.28M | $69.33M | $83.02M | $78.69M | $75.14M | $63.03M | $63.16M | $52.15M | $70.67M | $57.30M | $165.19M | $47.41M | $115.31M | $69.48M | $68.53M | $37.74M |
| Low Forecast | $97.30M | $98.19M | $98.88M | $93.93M | $89.59M | $91.05M | $91.67M | $86.38M | $92.05M | $90.82M | $89.24M | $87.45M | $85.82M | $85.70M | $86.14M | $46.22M | $82.01M | $77.66M | $74.15M | $42.02M | $62.34M | $34.77M | $70.67M | $38.20M | $110.13M | $31.61M | $76.87M | $46.32M | $45.69M | $25.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.98% | 1.06% | 1.44% | 1.24% | 1.46% | - | 1.60% | 0.57% | 1.82% | 0.77% | 1.31% | 1.08% | 2.07% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 5 | 6 | 10 | 10 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.96 | $0.88 | $0.53 | $-0.27 | $0.49 | $0.09 | - | $0.02 | $-1.29 | $-0.04 | $-0.73 | $0.30 | $0.53 | $-0.63 |
| Avg Forecast | $1.38 | $1.42 | $1.45 | $1.26 | $1.24 | $1.30 | $1.34 | $1.13 | $1.28 | $1.27 | $1.19 | $1.09 | $1.01 | $1.10 | $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 | $1.40 | $1.44 | $1.47 | $1.27 | $1.25 | $1.31 | $1.35 | $1.14 | $1.30 | $1.28 | $1.20 | $1.10 | $1.02 | $1.16 | $0.95 | $0.85 | $0.80 | $0.51 | $0.31 | $0.11 | $0.09 | $0.23 | $0.21 | $0.08 | $0.21 | $0.18 | $0.49 | $0.43 | $0.34 | $0.25 |
| Low Forecast | $1.37 | $1.41 | $1.44 | $1.25 | $1.23 | $1.29 | $1.33 | $1.12 | $1.27 | $1.26 | $1.18 | $1.08 | $1.00 | $1.05 | $0.93 | $0.83 | $0.70 | $0.51 | $0.30 | $0.11 | $0.09 | $0.23 | $0.21 | $0.08 | $0.20 | $0.18 | $0.47 | $0.41 | $0.33 | $0.25 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 1.73% | 1.73% | -2.54% | 5.68% | 0.39% | - | 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 $0.83 and a high estimate of $0.85. 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 | $34.66 | $52.36 | 51.07% | Buy |
| MKSI | MKS Instruments | $111.85 | $144.91 | 29.56% | Buy |
| FTV | Fortive | $73.60 | $86.38 | 17.36% | Buy |
| TDY | Teledyne | $427.75 | $485.25 | 13.44% | Buy |
| NOVT | Novanta | $171.12 | $175.00 | 2.27% | Buy |
| ESE | ESCO | $119.81 | $120.00 | 0.16% | Buy |
| VNT | Vontier | $33.14 | $32.67 | -1.42% | Buy |
| MLAB | Mesa Laboratories | $125.71 | $120.00 | -4.54% | Buy |
| COHR | Coherent | $77.98 | $73.73 | -5.45% | Buy |
| ITRI | Itron | $102.54 | $89.91 | -12.32% | Buy |
ITRI Forecast FAQ
Is Itron a good buy?
Yes, according to 16 Wall Street analysts, Itron (ITRI) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 12 'Buy' recommendations, accounting for 81.25% 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 -12.32% from its last price of $102.54. The data is based on 16 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 -12.32% (from the last price of $102.54 to the average price target of $89.91), up by 17.03% based on the highest stock price target, and down by -46.36% 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 $2.5B (high $2.51B, low $2.48B), average EBITDA is $194.5M (high $195.82M, low $193.27M), average net income is $233.06M (high $235.11M, low $231.13M), average SG&A $360.97M (high $363.42M, low $358.68M), and average EPS is $5.01 (high $5.05, low $4.97). ITRI's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $2.7B (high $2.72B, low $2.68B), average EBITDA is $210.56M (high $211.99M, low $209.23M), average net income is $256.63M (high $258.89M, low $254.51M), average SG&A $390.78M (high $393.43M, low $388.3M), and average EPS is $5.52 (high $5.56, low $5.47).
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 $73.65M by 31.60%. 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 $35.1M by 26.45%. 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%