
Itron (ITRI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Itron, Inc., a technology and services company, offers end-to-end solutions that help manage energy, water, and smart city operations globally. The company is headquartered in Liberty Lake, Washington.
| Revenue (TTM) | $2.30B |
| Gross Profit (TTM) | $918.24M |
| EBITDA | $361.42M |
| Operating Margin | 13.50% |
| Return on Equity | 16.90% |
| Return on Assets | 4.99% |
| Revenue/Share (TTM) | $51.23 |
| Book Value | $36.92 |
| Price-to-Book | 2.75 |
| Price-to-Sales (TTM) | 1.91 |
| EV/Revenue | 2.303 |
| EV/EBITDA | 12.96 |
| Quarterly Earnings Growth (YoY) | -19.00% |
| Quarterly Revenue Growth (YoY) | -7.20% |
| Shares Outstanding | $43.79M |
| Float | $43.01M |
| % Insiders | 1.81% |
| % Institutions | 125.14% |
Volatility is currently contracting

Itron (ITRI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

The mean of analysts' price targets for Itron (ITRI) points to a 27.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Itron NASDAQ: ITRI executives said at Oppenheimer's Annual Technology Conference that the company's opportunity is increasingly tied to grid-edge intelligence, software and services rather than its historical identity as a smart-meter supplier.

The mean of analysts' price targets for Itron (ITRI) points to a 25.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Itron beat Q2 EPS estimates by 22.3% and raised its 2026 earnings outlook despite lower revenue, as strong margins and backlog fueled a sharp share rally.

Itron NASDAQ: ITRI reported second-quarter 2026 revenue of $563 million, with record gross margin and earnings that exceeded the company's expectations despite lower year-over-year revenue tied to the timing of Networked Solutions project deployments.

The headline numbers for Itron (ITRI) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Itron (ITRI) came out with quarterly earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1.3 per share. This compares to earnings of $1.62 per share a year ago.
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