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Forecast

The analysts' average price target is €120.40 (+54.46%). The median is €117.95 (+51.31%).

Buy	15
Hold	17
Sell	5

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Itron unveils platform strategy for grid‑edge, warns of slow implementation cycles at utilities

Itron presented at the Oppenheimer conference its shift from meter manufacturer to platform provider for grid‑edge intelligence, software, networks and services. The company reports 18 million installed decentralized endpoints (+20%), nearly 28 million licensed applications (+50%) and a record pipeline, but emphasizes that regulatory hurdles and federal decision‑making structures can delay implementation. Average selling prices for DI‑capable endpoints rose to $120–140; a balance sheet with $745 million in cash and $1.5 billion in liquidity secures room for investments and M&A. Itron continues to expect strong ARR growth but sees limited near‑term revenue impact from new orders due to long implementation timelines. » More on de.investing.com
Itron strengthens position with smart-meter, ultrasonic and cloud solutions and record margin

Itron is focusing on grid-edge technologies, ultrasonic metering and cloud analytics to make energy and water networks more efficient and reduce water losses. The company leads the "Scientific & Technical Instruments" industry and reports an order backlog of $4.4 billion as well as a record gross margin. The technologies are intended to lower greenhouse gas emissions and provide users with AI-driven forecasts. » More on finanzen.net
Itron raises profit forecast after strong margin and robust order backlog

Itron reported, despite slightly lower revenues of $563 million, a significantly better-than-expected result and achieved a record gross margin of 41.4%. The order backlog stands at $4.4 billion and signals strong demand from utilities. Management raised the forecast for adjusted earnings per share for 2026 thanks to efficient operational progress, modernization of power grids and a growing software business. » More on finanzen.net

Financials

In the last quarter, Itron had revenue of €493.22m and net profit of €46.68m

(EUR)	June 2026	YoY
Revenue	493.22m	4.19%
Gross profit	202.09m	6.52%
Net profit	46.68m	19.50%
EBITDA	79.77m	7.14%

Fundamentals

Metric	Value
Market capitalization	€3.43bn
Number of shares	43.79m
52-week high/low	€126.88 - €69.49
Dividends	No
Beta	1.32
P/E ratio	14.42
PEG ratio	7.16
P/B ratio	2.41
P/S ratio	1.67

Company profile

Itron, Inc., a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. The company operates through three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing. The Networked Solutions segment provides a combination of communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated application software for acquiring and transporting application-specific data. The Outcomes segment offers value-added, enhanced software and services for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, drive resource efficiency, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company markets its products directly through its sales force, as well as through indirect sales force consisting of distributors, sales representatives, partners, and meter manufacturer representatives to utilities and municipalities. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.