NASDAQ: ITRI

Itron (ITRI) Stock Analysis & Forecast

Oct 12 close

$85.57−0.01 (0.0%)

Gekko Brief

AI summaryOct 12 close

Itron's week is dominated by product and partnership news rather than financial results. The company expanded its collaboration with AT&T Business to integrate its 500G Cellular Gas Module and 500W Cellular Water Module with AT&T's LTE-M network, giving gas and water utilities remote data collection without additional communication infrastructure. Separately, Itron unveiled its GEI Catalyst: Feeder Reliability solution, part of its Grid Edge Intelligence portfolio, aimed at improving grid visibility and reliability using existing infrastructure.

Shares closed at $85.57, below both the 50-day average of $94.94 and the 200-day average of $91.51, with the stock down 8.5% over one month and 32.4% over the past year, though up 2.5% over three months. The GekkoIndex reads 67.1, placing the stock in the Accumulation zone, down 1.6 over five days. Price sits 11.3% below Gekko Fair Value of $96.45.

Itron reports earnings on 27 October 2026, 15 days away and within a typical 20-trading-day holding window; the prior quarter saw a 20.7% reaction following a beat of $1.59 versus $1.30 estimated, with an average absolute reaction of 12.8% across eight quarters. Seasonality from this point has averaged a 5.6% gain over the next 20 trading days across 5 years, rising in 4 of them. Analyst consensus among 8 firms stands at 7 buy and 1 hold, with a consensus target of $129.56.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Itron price vs fair value

$96.45$85.57Oct ’25Apr ’26Oct ’26
Close $85.57200-day averageGekko Fair Value $96.45

Itron quick facts

Market cap
$3.75B
P/E ratio
14.1
Forward P/E
13.4
EPS, TTM
$5.98
Revenue, TTM
$2.30B
Profit margin
11.9%
Dividend yield
—
Beta
1.32
Volume
354,839 avg 608,830
1-year return
−32.4%
Typical daily move
±3%
Typical 20-day move
±6.7%
50-day average
$94.94
200-day average
$91.51
Next earnings
Oct 27
Shares outstanding
43.79M
52-week range
$77.77$142.00

Itron swing-trade checklist

Itron scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $85.57 sits between the 50-day ($94.94) and 200-day ($91.51) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    67.1, Accumulation

    Reading 67.1 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    11.3% below

    Price is 11.3% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 15 days

    Reports on Oct 27, 2026, 15 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +5.6% on average

    From this point in the calendar, the next 20 trading days averaged +5.6% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Itron stock chart and price history

Itron closed at $85.57 on Oct 12, 2026, −32.4% over the past year, inside a 52-week range of $77.77 to $142.00.

Close50-day average200-day averageVolume
Itron share price, past year, with 50-day and 200-day moving averages and volume$80$100$120$140NovDecJan 2026FebMarAprMayJunJulAugSepOct85.57

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−8.5%
3 months
+2.5%
6 months
−9.4%
1 year
−32.4%
The full ITRI chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ITRI in Gekko

Follow Itron through every session

Put ITRI on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track ITRI in GekkoFree for 7 days. No credit card required.

About Itron

Itron builds hardware, software and services that help utilities and cities keep track of energy, water and related infrastructure. It is widely recognized for its metering equipment, including gas, electricity and water meters, along with the communicating devices and sensors that feed data back to its customers. Beyond physical devices, it also supplies the analytics and support services that turn that data into usable information for grid and resource management.

The company organizes its work across four areas: devices used for measurement and sensing, networked equipment and software that connect and manage those devices, outcome-focused analytics and modeling services, and resiliency-related software and services. It also provides implementation, consulting, maintenance, cloud-based and warranty services to round out its offerings. Itron sells under its own brand, reaching utility companies, municipalities and smart city operators through a combination of direct sales staff, distributors, agents and partner representatives.

Itron was incorporated in 1977 and is headquartered in Liberty Lake, Washington. Its shares trade on the NASDAQ under the ticker ITRI.

Listed
NASDAQ
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Website
na.itron.com

Itron GekkoIndex: the smart money zone

Itron’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 67.1, in the Accumulation zone, down 1.6 points over five sessions.

010067.1Accumulation

Down 1.6 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying33+2.1%+3.6%+4.6%+5.6%
Accumulation (current zone)2380.0%+0.4%+0.5%+1.4%
Neutral363+0.3%+0.5%+1.4%+2.7%
Distribution43−0.1%−0.5%−0.7%−2.2%
Selling5Too few readings yet

Average ITRI share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the ITRI price, zone by zone.Track ITRI in Gekko

Is Itron stock overvalued? Gekko Fair Value

Itron trades 11.3% below Gekko Fair Value of $96.45, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Itron shares are worth, recalculated every trading day.

$96.45

Gekko Fair Value, Oct 10, 2026

11.3% Undervalued

At the end of Aug 2026 the price was 0.3% above the estimate.

Gekko Fair ValueShare price, month end
$96$86Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ITRI in Gekko

Itron insider and Congress trading

No open-market insider purchases were filed for Itron, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ITRI in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ITRI insider filing, plotted on the chart in Gekko.Open ITRI in Gekko

Congress trades last 90 days

No trades in ITRI were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ITRI, plotted on the chart in Gekko.Open ITRI in Gekko

Buybacks

Itron has been buying back its own shares.

Latest authorization
$200.0M, May 8, 2026
Bought back, quarter ended Jun 30, 2026
$52.23M
As a share of market cap
1.39%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

0of the funds Gekko tracks hold ITRI.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Itron earnings: next date and track record

Itron reports on Oct 27, 2026 (15 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±12.8%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+7.7%Oct ’24+16.3%Feb ’25−2.7%May ’25−11.0%Jul ’25−27.4%Oct ’25+11.4%Feb ’26−4.9%Apr ’26+20.7%Jul ’26

Last earnings call, Jul 28, 2026 AI summary

What they said
Itron reported Q2 2026 revenue of $563 million with record gross margin, adjusted EBITDA of $97 million, non-GAAP EPS of $1.59, and free cash flow of $81 million. Annual recurring revenue reached $417 million. Bookings were $550 million with total backlog of $4.4 billion. Management highlighted structural improvements in earnings power driven by better mix and operational efficiency, with strong demand across electricity, gas, and water segments.
Guidance
Management indicated a rich pipeline heading into H2 2026 and into 2027 and beyond, supported by durable utility infrastructure spending. No specific revenue or EPS targets were provided in the excerpt, but tone suggests continued margin strength.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 28, 2026$1.59
est $1.30
+22.3%$562.9M
est $566.3M
−0.6%+20.7%
Apr 28, 2026$1.49
est $1.24
+20.2%$587.0M
est $572.0M
+2.6%−4.9%
Feb 17, 2026$2.46
est $2.19
+12.3%$571.7M
est $561.5M
+1.8%+11.4%
Oct 30, 2025$1.54
est $1.48
+4.1%$581.6M
est $561.3M
+3.6%−27.4%
Jul 31, 2025$1.62
est $1.33
+21.8%$606.8M
est $598.7M
+1.3%−11.0%
May 1, 2025$1.52
est $1.30
+16.9%$607.2M
est $609.0M
−0.3%−2.7%
Feb 25, 2025$1.35
est $1.05
+28.6%$612.9M
est $579.7M
+5.7%+16.3%
Oct 31, 2024$1.84
est $1.13
+62.8%$615.5M
est $604.6M
+1.8%+7.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Itron stock forecast and analyst price targets

Analysts’ average 12-month price target for Itron is $129.56, +51.4% from the last close, from 8 firms rating the stock in the last 90 days.

$129.56consensus 12-month target, +51.4% from the last close
Low $117High $150
Buy7
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Aug 3J.P. MorganBuy, maintained$117+36.7%
Jul 31Roth MKMBuy, maintained$136+58.9%
Jul 29Roth MKMBuy, maintained$136+58.9%
Jul 29Seaport GlobalBuy, maintained$150+75.3%
Jul 29OppenheimerBuy, reiterated$135+57.8%
+0.5%average 20-day move after past Accumulation readings
+5.6%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Itron seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Itron averaged +5.6% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+4.1%2021+17.3%2022+7.6%2023+15.5%2024−13.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.5%5 of 5
Next 10 trading days+3.3%3 of 5
Next 15 trading days+0.3%2 of 5
Next 20 trading days+5.6%4 of 5
Next 30 trading days+1.7%3 of 5

For scale, ITRI’s typical 20-trading-day move in either direction is about 6.7%.

Itron market cap and key statistics

Itron’s market cap is $3.75B, with a P/E ratio of 14.1 and revenue of $2.30B over the last twelve months.

Valuation

Market cap
$3.75B
P/E ratio
14.1
Forward P/E
13.4
EPS, TTM
$5.98
Gekko Fair Value
$96.45

Trading

Volume
354,839
Avg volume, 20 days
608,830
52-week high
$142.00
52-week low
$77.77
Shares outstanding
43.79M

Financials

Revenue, TTM
$2.30B
Profit margin
11.9%
Return on equity
16.9%
Quarterly earnings growth, YoY
−19.0%

Risk and income

Beta
1.32
Typical daily move
±3%
Typical 20-day move
±6.7%

Itron peers

Itron’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
EMREmerson Electric+0.4%Neutral16.0% above
KEYSKeysight Technologies−1.1%Neutral17.2% above
QQnity Electronics−1.7%Neutral3.5% below
FTVFortive+0.2%Neutral0.3% below
ONTOOnto Innovation−5.6%Neutral4.7% below
NXTNextpower−1.0%Neutral18.3% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Itron stock FAQ

What is Itron’s market cap?

Itron’s market cap is $3.75B at the Oct 12, 2026 close of $85.57, with 43.79M shares outstanding. The shares trade on a P/E ratio of 14.1.

What is the Itron stock forecast?

The consensus analyst 12-month price target for Itron is $129.56, +51.4% from the last close. Of the 8 firms that rated the stock in the last 90 days, 7 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Itron stock overvalued or undervalued?

On Gekko’s estimate Itron is undervalued: the Oct 12, 2026 close of $85.57 is 11.3% below Gekko Fair Value of $96.45. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Itron report earnings next?

Itron is expected to report on Oct 27, 2026 (15 days away). Analysts expect earnings of $1.56 per share on revenue of $595.5M. Itron beat the earnings estimate in 8 of its last 8 reports, moving 12.8% on average across the report.

What is Itron’s 52-week high and low?

Itron’s 52-week high is $142.00 and its 52-week low is $77.77; it closed at $85.57 on Oct 12, 2026, −32.4% over the past year.

Is Itron stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See Itron the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,408 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.