Itron Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Itron stock have an average target of 117.75, with a low estimate of 65 and a high estimate of 136. The average target predicts an increase of 40.40% from the current stock price of 83.87.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$65	$117.75	$130	$136
Change	-22.50%	+40.40%	+55.00%	+62.16%

Analyst Ratings

The average analyst rating for Itron stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	7	7	7	7	7	7
Buy	2	2	3	3	3	3
Hold	2	2	2	2	2	2
Sell	0	0	0	1	1	1
Strong Sell	0	0	0	0	0	0
Total	11	11	12	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sean Milligan Needham	Needham	Buy Maintains $116	Buy	Maintains	$116	+38.31%	Jun 2, 2026
Mark Strouse J.P. Morgan	J.P. Morgan	Buy Maintains $113 → $112	Buy	Maintains	$113 → $112	+33.54%	May 1, 2026
Joseph Osha Guggenheim	Guggenheim	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Apr 29, 2026
Noah Kaye Oppenheimer	Oppenheimer	Buy Reiterates $135	Buy	Reiterates	$135	+60.96%	Apr 29, 2026
Chip Moore Roth MKM	Roth MKM	Buy Maintains $150 → $136	Buy	Maintains	$150 → $136	+62.16%	Apr 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.39B

from 2.37B

0.86%

from 2.37B

Revenue Next Year

2.53B

from 2.39B

6.08%

from 2.39B

EPS This Year

5.97

from 7.13

-16.25%

from 7.13

EPS Next Year

6.56

from 5.97

9.81%

from 5.97

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.98B	1.80B	2.17B	2.44B	2.37B	2.39B	2.53B
Revenue Growth	-8.82%	-9.39%	21.06%	12.29%	-3.02%	0.86%	6.08%
EPS	-1.83	-0.22	2.11	5.18	6.50	5.19	6.09
EPS Growth	-	-	-	145.50%	25.48%	-20.19%	17.30%
Forward PE	-	-	-	-	-	16.17	13.78
No. Analysts	-	-	-	-	-	11	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	2.4B	2.7B
Avg	2.4B	2.5B
Low	2.3B	2.4B

Revenue Growth

Revenue Growth	2026	2027
High	2.9%	11.0%
Avg	0.9%	6.1%
Low	-2.5%	0.1%

EPS Forecast

EPS	2026	2027
High	6.21	7.49
Avg	5.97	6.56
Low	5.73	5.36

EPS Growth

EPS Growth	2026	2027
High	-12.9%	25.4%
Avg	-16.3%	9.8%
Low	-19.6%	-10.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.