
Itron (ITRI) Stock Forecast & Price Target
Itron (ITRI) Analyst Ratings
Bulls say
Itron is a technology and services company that provides solutions for energy and water use management to utility companies. They have a strong position in the market for grid automation and have been successful in growing their backlog and awarded projects. The company also has a solid strategy in place for acquisitions and restructuring. While there are risks present, such as sensitivity to the utility end market, Itron's strong financials and focus on sustainability make it an attractive investment opportunity.
Bears say
Itron is a dominant player in the AMI 2.0 buildout with their 88% share of what is deployed in the field and 68% share of what is awarded and deployed. However, recent earnings and guidance have been driven by project timing and a pull-forward of sales, rather than sustained demand. Additionally, while the company has made strategic acquisitions and has a strong backlog, it remains to be seen if they can sustain the projected mid-teens to 20% ARR growth and positive EBITDA in their Resiliency Solutions segment.
This aggregate rating is based on analysts' research of Itron and is not a guaranteed prediction by Public.com or investment advice.
Itron (ITRI) Analyst Forecast & Price Prediction
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