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.
Itron (ITRI) reached $84.37 at the closing of the latest trading day, reflecting a -1.88% change compared to its last close.
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.