
Itron (ITRI) Stock Forecast & Price Target
Itron (ITRI) Analyst Ratings
Bulls say
Itron is a global leader in smart metering for the energy and water industries and is well positioned to benefit from the increasing push towards grid modernization and smart city applications. The company has strong financials with record gross margin in Q2 2026 and a growing backlog and pipeline. Despite some quarterly fluctuations, the overall outlook for 2026 and beyond remains positive. The company's competitive advantage in grid edge technology and limited competition in this area also bodes well for its future success.
Bears say
Itron is facing challenges with a decrease in backlog and bookings, as well as weaker demand for water solutions in the US. However, the company has managed to secure new contracts and is seeing strong demand for gas and electricity solutions. Despite some concerns about guidance and revenue visibility, Itron has exceeded previous targets and is expected to continue improving margins and reducing debt. While there may be short-term challenges, the company has potential for long-term growth.
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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