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 -21.21% downside from ITRI’s last price of $114.11) 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 -21.21% downside from ITRI's last price of $114.11.
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% | 5.16% |
| May 06, 2024 | Tommy Moll | Stephens | $110.00 | $107.01 | 2.79% | -3.60% |
| May 03, 2024 | Kashy Harrison | Piper Sandler | $109.00 | $102.61 | 6.22% | -4.48% |
| Apr 23, 2024 | Chip Moore | Roth Capital | $102.00 | $91.46 | 11.52% | -10.61% |
| Apr 11, 2024 | Kashy Harrison | Piper Sandler | $103.00 | $90.49 | 13.82% | -9.74% |
| Mar 13, 2024 | Ben Kallo | Robert W. Baird | $115.00 | $89.18 | 28.95% | 0.78% |
| Jan 19, 2024 | Noah Kaye | Oppenheimer | $81.00 | $70.96 | 14.15% | -29.02% |
| Feb 02, 2023 | - | Cowen & Co. | $72.00 | $60.16 | 19.68% | -36.90% |
| Aug 05, 2022 | - | Stephens | $55.00 | $50.66 | 8.57% | -51.80% |
| Jul 20, 2022 | - | J.P. Morgan | $73.00 | $51.75 | 41.06% | -36.03% |
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 5.16% increase from ITRI last price ($114.11).
Itron Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 7 |
| Avg Price Target | - | - | $105.71 |
| Last Closing Price | $114.11 | $114.11 | $114.11 |
| Upside/Downside | -100.00% | -100.00% | -7.36% |
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 $114.11. 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 | $671.08M | $665.86M | $634.69M | $594.60M | $659.94M | $625.31M | $601.46M | $583.09M | $604.30M | $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 | $723.02M | $731.42M | $713.03M | $677.30M | $695.63M | $690.22M | $657.92M | $616.35M | $684.09M | $648.19M | $623.46M | $612.81M | $607.31M | $596.69M | $599.25M | $579.49M | $573.87M | $540.25M | $534.73M | $481.20M | $449.50M | $461.34M | $488.52M | $488.49M | $508.55M | $527.45M | $535.91M | $535.81M | $569.76M | $539.39M |
| Low Forecast | $646.79M | $654.30M | $637.85M | $605.89M | $622.29M | $617.45M | $588.55M | $551.37M | $611.97M | $579.85M | $557.73M | $501.51M | $600.55M | $596.13M | $599.25M | $579.49M | $566.89M | $540.25M | $478.35M | $430.47M | $402.11M | $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 | 10 | 9 | 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 | 10 | 9 | 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 | $40.37M | $40.84M | $39.82M | $37.82M | $38.84M | $38.54M | $36.74M | $34.42M | $38.20M | $36.20M | $34.81M | $33.75M | $34.98M | $34.52M | $34.69M | $17.54M | $33.01M | $31.27M | $29.86M | $15.95M | $-170.67M | $35.96M | $38.08M | $14.50M | $39.64M | $41.12M | $41.78M | $37.75M | $44.41M | $42.05M |
| High Forecast | $41.85M | $42.34M | $41.27M | $39.20M | $40.27M | $39.95M | $38.08M | $35.68M | $39.60M | $37.52M | $36.09M | $35.47M | $35.15M | $34.54M | $34.69M | $21.05M | $33.22M | $31.27M | $30.95M | $19.14M | $-136.54M | $35.96M | $38.08M | $17.40M | $39.64M | $41.12M | $41.78M | $45.30M | $44.41M | $42.05M |
| Low Forecast | $37.44M | $37.87M | $36.92M | $35.07M | $36.02M | $35.74M | $34.07M | $31.92M | $35.42M | $33.56M | $32.28M | $29.03M | $34.76M | $34.51M | $34.69M | $14.03M | $32.81M | $31.27M | $27.69M | $12.76M | $-204.80M | $35.96M | $38.08M | $11.60M | $39.64M | $41.12M | $41.78M | $30.20M | $44.41M | $42.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.49% | 1.76% | 1.18% | 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 | 10 | 9 | 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 | $70.26M | $70.74M | $63.84M | $54.83M | $63.11M | $60.31M | $53.98M | $49.37M | $48.06M | $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 | $82.56M | $84.90M | $80.60M | $70.92M | $73.60M | $74.11M | $66.88M | $57.44M | $66.11M | $63.18M | $56.55M | $52.57M | $50.84M | $51.89M | $43.15M | $822.19K | $36.89M | $23.58M | $14.67M | $747.45K | $-90.79M | $10.77M | $9.73M | $679.50K | $9.37M | $8.37M | $22.22M | $11.52M | $15.65M | $11.57M |
| Low Forecast | $71.37M | $73.39M | $69.66M | $61.30M | $63.62M | $64.06M | $57.81M | $49.65M | $57.15M | $54.61M | $48.88M | $42.06M | $42.52M | $50.76M | $43.14M | $548.13K | $32.28M | $23.14M | $12.68M | $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 | 10 | 9 | 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 | $97.08M | $96.33M | $91.82M | $86.02M | $95.47M | $90.46M | $87.01M | $84.35M | $87.42M | $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 | $104.60M | $105.81M | $103.15M | $97.98M | $100.64M | $99.85M | $95.18M | $89.17M | $98.97M | $93.77M | $90.20M | $88.65M | $87.86M | $86.32M | $86.69M | $69.33M | $83.02M | $78.16M | $77.36M | $63.03M | $181.71M | $66.74M | $70.67M | $57.30M | $73.57M | $76.31M | $77.53M | $69.48M | $82.43M | $78.03M |
| Low Forecast | $93.57M | $94.66M | $92.28M | $87.65M | $90.03M | $89.33M | $85.14M | $79.77M | $88.53M | $83.89M | $80.69M | $72.55M | $86.88M | $86.24M | $86.69M | $46.22M | $82.01M | $78.16M | $69.20M | $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 | 10 | 9 | 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 | $1.53 | $1.54 | $1.39 | $1.20 | $1.38 | $1.32 | $1.18 | $1.08 | $1.05 | $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 | $1.80 | $1.85 | $1.76 | $1.55 | $1.61 | $1.62 | $1.46 | $1.25 | $1.44 | $1.38 | $1.23 | $1.15 | $1.11 | $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 | $1.56 | $1.60 | $1.52 | $1.34 | $1.39 | $1.40 | $1.26 | $1.08 | $1.25 | $1.19 | $1.07 | $0.92 | $0.93 | $1.11 | $0.94 | $0.84 | $0.70 | $0.50 | $0.28 | $0.10 | $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 | $30.72 | $50.25 | 63.57% | Buy |
| MKSI | MKS Instruments | $108.35 | $143.09 | 32.06% | Buy |
| VPG | Vishay Precision Group | $21.45 | $27.00 | 25.87% | - |
| MLAB | Mesa Laboratories | $98.59 | $120.00 | 21.72% | Buy |
| FTV | Fortive | $75.75 | $86.50 | 14.19% | Buy |
| NOVT | Novanta | $164.94 | $175.00 | 6.10% | Buy |
| TDY | Teledyne | $470.45 | $496.80 | 5.60% | Buy |
| ESE | ESCO | $146.99 | $145.00 | -1.35% | Buy |
| VNT | Vontier | $37.39 | $32.67 | -12.62% | Buy |
| COHR | Coherent | $103.38 | $88.46 | -14.43% | Buy |
| ITRI | Itron | $114.11 | $89.91 | -21.21% | Buy |