Itron (ITRI) Stock Forecast, Price Target & Predictions


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ITRI Stock Forecast


Itron (ITRI) stock forecast, based on 17 Wall Street analysts, predicts a 12-month average price target of $89.91, with a high of $120.00 and a low of $55.00. This represents a -15.10% decline from the last price of $105.90.

$55 $68 $81 $94 $107 $120 High: $120 Avg: $89.91 Low: $55 Last Closed Price: $105.9

ITRI Stock Rating


Itron stock's rating consensus is Buy, based on 17 Wall Street analysts. The breakdown includes 1 Strong Buy (5.88%), 13 Buy (76.47%), 3 Hold (17.65%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 17 0 3 13 1 Strong Sell Sell Hold Buy Strong Buy

ITRI Forecast vs Benchmarks


TypeNameUpside
StockItron-15.10%
SectorTechnology Stocks 13.03%

Price Target Trends


1M3M12M
# Anlaysts--6
Avg Price Target--$109.83
Last Closing Price$105.90$105.90$105.90
Upside/Downside--3.71%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25284--14
Dec, 24284--14
Nov, 24384--15
Oct, 24495--18
Sep, 24495--18
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 18, 2024Austin MoellerCanaccord Genuity$120.00$102.8616.66%13.31%
May 06, 2024Tommy MollStephens$110.00$107.012.79%3.87%
May 03, 2024Kashy HarrisonPiper Sandler$109.00$102.626.22%2.93%
Apr 23, 2024Chip MooreRoth Capital$102.00$91.4611.52%-3.68%
Apr 11, 2024Kashy HarrisonPiper Sandler$103.00$90.4913.82%-2.74%
Mar 13, 2024Ben KalloRobert W. Baird$115.00$89.1828.95%8.59%
Jan 19, 2024Noah KayeOppenheimer$81.00$70.9614.15%-23.51%
Feb 02, 2023Cowen & Co.$72.00$60.1619.68%-32.01%
Aug 05, 2022Stephens$55.00$50.668.57%-48.06%
Jul 20, 2022J.P. Morgan$73.00$51.7541.06%-31.07%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Sep 27, 2024StephensBuyBuyhold
Sep 27, 2024Janney MontgomeryBuyinitialise
Sep 05, 2024Exane BNP ParibasOutperforminitialise
Aug 02, 2024StephensBuyBuyhold
Aug 02, 2024Seaport GlobalBuyBuyhold
Aug 02, 2024Cowen & Co.BuyBuyhold
Jul 11, 2024StephensBuyBuyhold
Jul 11, 2024GuggenheimNeutralBuyupgrade
Jun 20, 2024StephensBuyBuyhold
Jun 18, 2024Canaccord GenuityBuyBuyhold

Financial Forecast


EPS Forecast

$-5 $-2 $1 $4 $7 $10 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-1.41$-1.77$-0.21$2.11-----
Avg Forecast$1.54$1.22$0.51$2.88$5.34$4.95$5.80$7.23$9.43
High Forecast$1.51$1.19$0.49$2.83$5.32$4.52$5.29$6.73$8.99
Low Forecast$1.61$1.27$0.52$2.93$5.36$5.14$6.73$7.73$9.70
Surprise %-191.56%-245.08%-141.18%-26.74%-----

Revenue Forecast

$2B $2B $2B $3B $3B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.17B$1.98B$1.80B$2.17B-----
Avg Forecast$2.22B$2.00B$1.76B$2.17B$2.43B$2.45B$2.59B$2.77B$3.05B
High Forecast$2.18B$1.97B$1.71B$2.16B$2.34B$2.37B$2.59B$2.67B$2.94B
Low Forecast$2.29B$2.07B$1.79B$2.21B$2.49B$2.51B$2.59B$2.83B$3.12B
Surprise %-2.01%-1.10%1.92%0.32%-----

Net Income Forecast

$-250M $-110M $30M $170M $310M $450M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-56.88M$-78.30M$-9.55M$96.92M-----
Avg Forecast$-105.01M$-137.52M$-169.50M$96.92M$244.89M$208.87M$250.09M$313.20M$432.23M
High Forecast$-137.36M$-168.87M$-203.63M$77.41M$243.97M$207.33M$242.55M$308.49M$411.98M
Low Forecast$-72.65M$-106.18M$-135.38M$116.44M$245.81M$235.41M$308.66M$354.30M$444.62M
Surprise %-45.84%-43.07%-94.37%------

ITRI Forecast FAQ


Is Itron stock a buy?

Itron stock has a consensus rating of Buy, based on 17 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 13 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Itron is a favorable investment for most analysts.

What is Itron's price target?

Itron's price target, set by 17 Wall Street analysts, averages $89.91 over the next 12 months. The price target range spans from $55 at the low end to $120 at the high end, suggesting a potential -15.10% change from the previous close price of $105.9.

How does Itron stock forecast compare to the average forecast of its sector, industry, and investment themes?

Itron stock forecast shows a -15.10% downside, underperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for Itron over the past three months?

  • January 2025: 14.29% Strong Buy, 57.14% Buy, 28.57% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 14.29% Strong Buy, 57.14% Buy, 28.57% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 20.00% Strong Buy, 53.33% Buy, 26.67% Hold, 0% Sell, 0% Strong Sell.

What is Itron’s EPS forecast?

Itron's average annual EPS forecast for its fiscal year ending in December is 5.34 for 2024, a 153.08% increase from the reported $2.11 in 2023. The prediction for 2025 is $4.95, $5.8 for 2026, $7.23 for 2027, and $9.43 for 2028.

What is Itron’s revenue forecast?

Itron's average annual revenue forecast for its fiscal year ending in December is $2.43B for 2024, a 11.89% increase from the reported $2.17B in 2023. The forecast for 2025 is $2.45B, $2.59B for 2026, $2.77B for 2027, and $3.05B for 2028.

What is Itron’s net income forecast?

For its fiscal year ending in December, Itron's average annual net income forecast is $244.89M for 2024, reflecting an 152.66% increase from the reported $96.92M in 2023. The projection for 2025 is $208.87M, $250.09M for 2026, $313.2M for 2027, and $432.23M for 2028.