Itron (ITRI) closed the most recent trading day at $83.39, moving 2.01% from the previous trading session.
Itron, Inc. remains a 'hold' as near-term fundamentals are expected to weaken despite recent share price declines. Revenue and profitability continue to decline, with Q1 2026 revenue down to $587M and net income dropping to $53.5M. Backlog and orders are contracting, signaling further revenue pressure; Q2 2026 guidance also points to lower sales and earnings.
Itron (ITRI) reached $86.74 at the closing of the latest trading day, reflecting a +1.92% change compared to its last close.
Itron (ITRI) closed the most recent trading day at $83.87, moving +1.11% from the previous trading session.
Itron (ITRI) closed the most recent trading day at $82.95, moving +1.64% from the previous trading session.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Itron (ITRI) concluded the recent trading session at $80.81, signifying a +1.96% move from its prior day's close.
In the latest trading session, Itron (ITRI) closed at $79.26, marking a -2.27% move from the previous day.
The latest trading day saw Itron (ITRI) settling at $80.73, representing a +1.31% change from its previous close.
Itron (ITRI) reported earnings 30 days ago. What's next for the stock?
Itron faces muted sales growth, soft bookings, and a questionable acquisition-driven strategy, leading to a cautious stance despite management's upbeat narrative. First-quarter sales declined 3% to $587 million, with margins under pressure and bookings translating to a weak 0.81x book-to-bill ratio. Recent $850 million acquisitions contribute minimally to revenue, raising concerns about deal multiples and future earnings dilution.
ITRI beats Q1 EPS and revenue estimates, driven by strong execution and record gross profit, despite a year-over-year sales dip and project timing headwinds.