Itron, Inc. (ITRI) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Itron, Inc. (ITRI) stock forecast summary
Our AI ranks Itron, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Itron, Inc. is a mid-cap company with a market capitalization of $3.64B. It ranks number 3 by market capitalization among the 9 Instruments For Meas & Testing of Electricity & Elec Signals issuers in our coverage with a current forecast.
For ITRI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 10.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -9.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ITRI included.
Follow ITRI freeITRI price chart and AI forecast
How ITRI ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Itron, Inc. (ITRI) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Instruments For Meas & Testing of Electricity & Elec Signals peers listed below that report each metric.
Valuation & Market
| Metric | ITRI | Rank |
|---|---|---|
| Market Cap | $3.64B | 3/9 |
| P/E Ratio | 13.89x | 7/7 |
| P/B Ratio | 2.25x | 8/9 |
| EPS | $5.98 | – |
| Book Value/Share | $36.91 | – |
| Revenue/Share | $52.60 | – |
| FCF/Share | $8.80 | – |
Profitability & Margins
| Metric | ITRI | Rank |
|---|---|---|
| ROE | 16.9% | 3/9 |
| ROA | 6.9% | 3/9 |
| ROIC | 8.9% | 4/9 |
| Gross Margin | 39.9% | 5/9 |
| Operating Margin | 13.2% | 3/9 |
| Net Margin | 11.9% | 3/9 |
| EBT Margin | 14.1% | 3/9 |
| Tax Rate | 14.7% | – |
Financial Health
| Metric | ITRI | Rank |
|---|---|---|
| Current Ratio | 2.75x | 4/10 |
| Quick Ratio | 2.29x | 3/10 |
| D/E Ratio | 1.46x | 2/9 |
| Financial Leverage | 2.47x | 2/9 |
| Interest Coverage | 12.1x | 4/9 |
| Working Capital | $985M | 2/10 |
Cash Flow
| Metric | ITRI | Rank |
|---|---|---|
| Operating Cash Flow | $411M | 3/9 |
| Free Cash Flow | $385M | 3/8 |
| Capital Spending | -$25M | 6/8 |
| OCF Growth YoY | 30.8% | 2/6 |
| FCF Growth YoY | 34.3% | 2/6 |
| FCF/Sales | 16.7% | 3/8 |
| CapEx/Sales | 1.1% | 7/8 |
Operational Efficiency
| Metric | ITRI | Rank |
|---|---|---|
| Asset Turnover | 0.58x | 6/8 |
| Receivables Turnover | 7.3x | 2/8 |
| Inventory Turnover | 5.3x | 3/9 |
| Fixed Assets Turnover | 18.9x | 2/8 |
| Days Sales Outstanding | 50 days | 7/8 |
| Days Inventory | 68 days | 7/9 |
| Payables Period | 39 days | 6/7 |
| Cash Conversion Cycle | 80 days | 5/6 |
Income Statement
| Metric | ITRI | Rank |
|---|---|---|
| Total Revenue | $2.30B | 3/8 |
| Operating Income | $304M | 3/9 |
| Net Income | $274M | 3/9 |
| R&D Expense | $214M | 3/7 |
| SG&A Expense | $374M | 3/9 |
| Cost of Goods Sold | $1.38B | 3/9 |
Dividend & Shareholder Information
| Metric | ITRI | Rank |
|---|---|---|
| Shares Outstanding | 44M | – |
| Net Income Growth | 1.5% | 5/7 |
| EPS Growth | 2.2% | 4/6 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $1.55B | 38.8% of assets |
| Cash & Short-term Investments | $745M | 18.7% of assets |
| Accounts Receivable | $316M | 7.9% of assets |
| Inventory | $259M | 6.5% of assets |
| Total Liabilities | $2.36B | 59.0% of assets |
| Short-term Debt | $418M | 10.5% of assets |
ITRI quarterly financials and insider trading
Itron, Inc. (ITRI) industry peers
Companies classified under the same SEC industry code as Itron, Inc. (Instruments For Meas & Testing of Electricity & Elec Signals): 10 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| ITRI Itron, Inc. | ▼ | $3.64B |
| TER Teradyne, Inc | ▶ | $50.81B |
| VLTO Veralto Corp | ▼ | $25.09B |
| AEHR Aehr Test Systems | ▲ | $1.98B |
| ALNT Allient Inc | ▲ | $1.58B |
| TRNS Transcat Inc | ▶ | $752M |
| FEIM Frequency Electronics Inc | ▲ | $735M |
| INTT Intest Corp | ▲ | $160M |
| DAIO Data I/O Corp | ▶ | $27M |
| STAI Scantech Ai Systems Inc. | ▼ | N/A |
Where ITRI sits on the market map
Itron, Inc. (ITRI) stock news
Loading...
Itron, Inc. (ITRI) stock forecast FAQ
What is the Itron, Inc. (ITRI) stock forecast?
Our AI ranks Itron, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Itron, Inc. stock predictions?
For ITRI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 10.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -9.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Itron, Inc. forecasts updated?
Itron, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Itron, Inc.'s industry peers?
10 issuers in our coverage, ITRI included, share the SEC industry code Instruments For Meas & Testing of Electricity & Elec Signals. The largest are: Teradyne, Inc (TER), Veralto Corp (VLTO), Aehr Test Systems (AEHR), Allient Inc (ALNT), Transcat Inc (TRNS), Frequency Electronics Inc (FEIM).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.