Wall Street analyst estimates for Itron, Inc. (ITRI): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.
Consensus price target
$134.75 (+46 % vs price $92.59)
between $125.00 and $150.00 · 3 targets published in the last quarter
Closing price, Oct 28
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $2.4B | $2.4B – $2.4B | $6.42 | 7 |
| 2027E | $2.6B | $2.4B – $2.7B | $7.01 | 7 |
Figures in USD · consensus as of October 26, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 15 |
| Hold | 17 |
| Sell | 5 |
| Strong Sell | 0 |
| Total analysts | 37 |
| Avg rating (−2 sell to +2 buy) | 0.27 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-10-27 | $1.56 | ||
| 2026-07-28 | $1.59 | $1.29 | +23.3% |
| 2026-04-28 | $1.49 | $1.26 | +18.3% |
| 2026-02-17 | $2.46 | $2.19 | +12.3% |
| 2025-10-30 | $1.54 | $1.48 | +4.1% |
| 2025-07-31 | $1.62 | $1.33 | +21.8% |
| 2025-05-01 | $1.52 | $1.30 | +16.9% |
| 2025-02-25 | $1.35 | $1.05 | +28.6% |
Valuation Ratios
| P/E Ratio | 15.46 |
| Price / Book | 2.39 |
| EV / EBITDA | 11.67 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.01B | $2.02B | $2.38B | $2.50B | $2.17B | $1.98B | $1.80B | $2.17B | $2.44B | $2.37B |
| Cost of Revenue | $1.35B | $1.34B | $1.65B | $1.75B | $1.57B | $1.41B | $1.27B | $1.46B | $1.60B | $1.48B |
| Gross Profit | $660.3M | $675.2M | $730.3M | $752.3M | $602.2M | $573.2M | $522.2M | $713.9M | $839.3M | $892.1M |
| Research & Development | $168.2M | $170.0M | $207.9M | $202.2M | $194.1M | $197.2M | $185.1M | $208.7M | $215.0M | $207.0M |
| Selling, General & Admin | $324.6M | $328.7M | $334.5M | $350.5M | $280.9M | $303.3M | $293.5M | $315.2M | $341.3M | $353.0M |
| Operating Expenses | $561.5M | $521.9M | $780.0M | $619.6M | $612.6M | $652.5M | $529.6M | $585.0M | $575.2M | $578.0M |
| Operating Income | $101.0M | $154.9M | -$49.7M | $132.7M | -$10.4M | -$79.3M | -$7.4M | $128.9M | $264.1M | $314.1M |
| EBITDA | $213.4M | $221.1M | $238.7M | $249.7M | $179.8M | $138.1M | $84.6M | $226.9M | $321.4M | $414.2M |
| Interest Expense | $13.5M | $13.8M | $58.2M | $52.5M | $44.0M | $28.6M | $6.7M | $8.3M | $15.4M | $22.5M |
| Pre-tax Income | $84.6M | $134.6M | -$109.2M | $73.0M | -$56.6M | -$123.8M | -$15.7M | $127.4M | $284.5M | $342.3M |
| Income Tax | $49.6M | $74.3M | -$12.6M | $20.6M | $238,000 | -$45.5M | -$6.2M | $29.1M | $43.4M | $38.9M |
| Net Income | $31.8M | $57.3M | -$99.2M | $49.0M | -$58.0M | -$81.3M | -$9.7M | $96.9M | $239.1M | $301.1M |
| EPS | $0.83 | $1.48 | $-2.53 | $1.24 | $-1.41 | $-1.77 | $-0.21 | $2.13 | $5.27 | $6.62 |
| EPS (Diluted) | $0.82 | $1.45 | $-2.53 | $1.23 | $-1.41 | $-1.77 | $-0.21 | $2.11 | $5.18 | $6.50 |
| Shares Outstanding (Diluted) | 38.6 M | 39.4 M | 39.2 M | 40.0 M | 40.3 M | 44.3 M | 45.1 M | 45.8 M | 46.2 M | 46.3 M |
Price
| Price | $92.59 (closing price, October 28, 2026) |
| Market Cap | $4.1B |
| Exchange | NASDAQ |
| Country | US |
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