Itron (ITRI)
Connects utility meters, networks, analytics, and infrastructure-resiliency software.
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Sells meters, connected endpoints, communications networks, and software to utilities and cities managing energy, water, and critical infrastructure. Revenue spans devices, end-to-end network deployments, recurring analytics and managed services, plus software for worker safety, damage prevention, emergency response, and utility construction.
Combines electric, gas, water, and heat meters with communicating endpoints, multipurpose networks, and operational software for utilities and cities worldwide. Device Solutions covers measurement, control, and sensing hardware. Networked Solutions packages smart meters, modules, sensors, communications infrastructure, headend software, and applications for metering, grid-edge, distributed-energy, and smart-city uses.
Turns device and network data into recurring software and managed services through Outcomes, including data management, grid operations, forecasting, customer engagement, water-loss reduction, revenue assurance, and distributed-energy management. Resiliency Solutions adds Urbint's worker-safety, damage-prevention, and emergency-response software and Locusview's digital construction management. Large deployments can span multiple years, with bookings and revenue timing shaped by regulatory or contractual approvals, component availability, and customer project schedules.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 29, 2026 | Seaport Global | Reiterate | Rating: —Target: $138 | Target: $150 |
| Jul 29, 2026 | Needham | Reiterate | Rating: —Target: — | Target: $128 |
| Jul 29, 2026 | Robert W. Baird | Target | Target: $128 | Target: $125 |
| Apr 29, 2026 | Roth Capital | Target | Target: $102 | Target: $136 |
| Apr 16, 2026 | Oppenheimer | Reiterate | Rating: —Target: $133 | Target: $135 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $745.2M · Total debt $147.6M · Total assets $3.99B · Shareholders' equity $1.62B
- Revenue
- $562.9M
- Operating income
- $76.1M
- Net income
- $53.3M
No dividends on record.
| Institutions | 118.57% | 51.92M shares | |
|---|---|---|---|
| 431 holders · as of Jun 30, 2026 | |||
| Insiders | 1.64% | 716.8K shares | |
| 17 holders · as of Sep 4, 2026 | |||
| Adds to | 120.21% | ||
43.79M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 120.21%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 16.29% | 7.13M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 7.99% | 3.50M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.57% | 2.00M | as of Jun 30, 2026 |
Impax Asset Management Group PLCInstitution | 4.40% | 1.93M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.13% | 1.81M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 3, 2026 | Justin K. Patrick | officer: SVP, Device Solutions | −10,210 | $97.36 |
| Aug 25, 2026 | Donald L. III Reeves | officer: SVP, Outcomes | −283 | $99.99 |
| Aug 24, 2026 | Donald L. III Reeves | officer: SVP, Outcomes | −329 | $98.79 |
| Aug 24, 2026 | David Marshall Wright | officer: VP, Corp. Controller & CAO | −76 | $98.79 |
| Aug 24, 2026 | Justin K. Patrick | officer: SVP, Device Solutions | −222 | $98.79 |
- Gladstone Land
Direct AMI peer in smart meters, networks, and analytics
- Hubbell
Aclara overlap in AMI meters, communications, and utility grids
- Xylem
Sensus overlap in water, electric, gas AMI, and analytics
- Badger Meter
Water AMI peer in meters, cellular endpoints, and SaaS
- Honeywell Technologies
Elster and Honeywell overlap in meters, AMI, and utility data
- Oracle
Utility software rival in MDM, DERMS, and customer systems
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Itron | $93.30 | −0.09% | $4.05B | 15.4 | 14.5 | 1.8 | −7.2% |
| Gladstone Land | $9.73 | 0.00% | $414.1M | — | — | 4.7 | +3.2% |
| Hubbell | $458.83 | −0.00% | $24.17B | 27.1 | 21.1 | 3.9 | +15.3% |
| Xylem | $107.85 | +0.01% | $25.04B | 25.5 | 18.3 | 2.7 | +1.5% |
| Badger Meter | $132.26 | +0.01% | $3.81B | 30.7 | 27.9 | 4.3 | −6.6% |
| Honeywell Technologies | $208.00 | −1.81% | $65.44B | 8.0 | 23.0 | 1.8 | −49.9% |
| Oracle | $149.25 | +0.07% | $427.95B | 23.3 | 17.5 | 6.0 | +29.6% |
| Median | 25.5 | 21.1 | 4.1 | +2.4% |