Itron (NASDAQ:ITRI – Get Free Report) is expected to release its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect the company to announce earnings of $1.30 per share and revenue of $566.3370 million for the quarter. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 10:00 AM ET.
Itron (NASDAQ:ITRI – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.23. Itron had a net margin of 12.31% and a return on equity of 19.54%. The firm had revenue of $586.98 million during the quarter, compared to analysts’ expectations of $572.04 million. During the same quarter last year, the company posted $1.52 EPS. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. On average, analysts expect Itron to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Itron Price Performance
Shares of ITRI stock opened at $84.37 on Tuesday. Itron has a 1 year low of $77.77 and a 1 year high of $142.00. The firm’s 50 day moving average is $82.73 and its 200-day moving average is $90.11. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 0.75 and a beta of 1.32. The company has a current ratio of 2.66, a quick ratio of 2.24 and a debt-to-equity ratio of 0.97.
Insiders Place Their Bets
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its position in shares of Itron by 18.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,271,042 shares of the scientific and technical instruments company’s stock worth $118,034,000 after purchasing an additional 194,768 shares during the period. First Trust Advisors LP grew its position in shares of Itron by 4.1% in the 4th quarter. First Trust Advisors LP now owns 793,175 shares of the scientific and technical instruments company’s stock valued at $73,654,000 after purchasing an additional 31,088 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Itron by 42.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 604,580 shares of the scientific and technical instruments company’s stock valued at $75,306,000 after purchasing an additional 180,366 shares during the period. Schroder Investment Management Group increased its stake in Itron by 65.2% during the 4th quarter. Schroder Investment Management Group now owns 588,872 shares of the scientific and technical instruments company’s stock worth $54,683,000 after purchasing an additional 232,341 shares in the last quarter. Finally, Millennium Management LLC increased its stake in Itron by 269.3% during the 4th quarter. Millennium Management LLC now owns 506,867 shares of the scientific and technical instruments company’s stock worth $47,068,000 after purchasing an additional 369,617 shares in the last quarter. 96.19% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the stock. Stephens restated an “overweight” rating and issued a $130.00 price objective on shares of Itron in a research report on Wednesday, May 20th. Oppenheimer increased their price objective on Itron from $133.00 to $135.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Roth Capital restated a “buy” rating and set a $136.00 target price on shares of Itron in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Itron in a research note on Friday, May 8th. Finally, TD Cowen decreased their price target on Itron from $145.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.22.
View Our Latest Stock Report on ITRI
About Itron
Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.
Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.
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