Itron (NASDAQ:ITRI) Hits New 52-Week Low – What’s Next?

Shares of Itron, Inc. (NASDAQ:ITRI) reached a new 52-week low on Friday . The stock traded as low as $88.57 and last traded at $91.6990, with a volume of 591727 shares. The stock had previously closed at $95.74.

Key Stories Impacting Itron

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Itron announced a partnership with Toumetis and a Southern California utility to reduce wildfire risk and speed outage restoration — a commercial win that validates demand for its wildfire-analytics and grid-resiliency offerings and could support future recurring revenue in high-growth, regulatory-driven markets. Itron and Toumetis Team Up with Southern California Utility
• Positive Sentiment: Coverage highlights California grid projects that tie Itron’s wildfire analytics to longer-term growth, reinforcing the company’s exposure to utility modernization and resilience spending. This narrative supports a multi-year revenue opportunity even if near-term results fluctuate. Itron’s California Grid Projects Tie Wildfire Analytics To Long Term Growth
• Positive Sentiment: Industry pieces argue Itron is repositioning as a grid-edge intelligence leader in wildfire-prone markets — a strategic shift that, if executed, could improve margins and create higher-value service opportunities. Is Itron Quietly Repositioning as a Grid-Edge Intelligence Leader?
• Neutral Sentiment: Q4 2025 earnings previews are circulating ahead of results — these create a near-term catalyst (earnings beat/miss) but are currently informational rather than directional. Itron Q4 2025 earnings preview
• Neutral Sentiment: An Itron senior VP sold a small block (142 shares) on Feb. 11 — disclosed insider selling but immaterial in size relative to holdings and market cap. SEC Form 4 — Insider Sale
• Neutral Sentiment: Published short-interest figures in recent feeds appear inconsistent (showing zeros/NaN) and should be treated cautiously — no clear, reliable short-interest signal from these entries.
• Negative Sentiment: Guggenheim turned more bearish on Itron (downgrade/neutral action reported), which likely pressured the stock and increased trading activity today; analyst downgrades often trigger re-rating and higher near-term volatility. Guggenheim downgrades Itron (ITRI)

Analyst Ratings Changes

Several equities analysts have recently commented on ITRI shares. Oppenheimer lowered their target price on shares of Itron from $145.00 to $125.00 and set an “outperform” rating on the stock in a report on Tuesday, January 27th. Stephens upgraded shares of Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 price target on the stock in a report on Monday, November 3rd. Guggenheim set a $155.00 price objective on shares of Itron in a report on Friday. Argus reaffirmed a “hold” rating on shares of Itron in a report on Tuesday, November 4th. Finally, Wall Street Zen lowered Itron from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $136.10.

Itron Price Performance

The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.46. The firm’s 50-day moving average price is $97.75 and its 200-day moving average price is $111.10. The stock has a market capitalization of $4.09 billion, a PE ratio of 16.07, a PEG ratio of 0.51 and a beta of 1.48.

Insiders Place Their Bets

In other news, SVP Donald L. Reeves III sold 536 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $96.51, for a total transaction of $51,729.36. Following the transaction, the senior vice president owned 19,068 shares of the company’s stock, valued at approximately $1,840,252.68. This represents a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP John F. Marcolini sold 553 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $96.51, for a total value of $53,370.03. Following the completion of the sale, the senior vice president owned 13,843 shares in the company, valued at approximately $1,335,987.93. The trade was a 3.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 3,113 shares of company stock valued at $301,678. 1.45% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Itron

Several hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC lifted its position in shares of Itron by 6.3% during the fourth quarter. Kestra Advisory Services LLC now owns 6,319 shares of the scientific and technical instruments company’s stock worth $587,000 after purchasing an additional 374 shares during the last quarter. Marshall Wace LLP increased its stake in Itron by 34.2% in the 4th quarter. Marshall Wace LLP now owns 250,778 shares of the scientific and technical instruments company’s stock worth $23,287,000 after buying an additional 63,905 shares during the period. Soros Fund Management LLC bought a new stake in Itron during the 4th quarter valued at about $34,843,000. Segall Bryant & Hamill LLC boosted its position in Itron by 4.7% in the 4th quarter. Segall Bryant & Hamill LLC now owns 89,112 shares of the scientific and technical instruments company’s stock valued at $8,275,000 after buying an additional 4,020 shares during the period. Finally, UMB Bank n.a. grew its stake in Itron by 271.6% in the 4th quarter. UMB Bank n.a. now owns 732 shares of the scientific and technical instruments company’s stock worth $68,000 after acquiring an additional 535 shares in the last quarter. Institutional investors own 96.19% of the company’s stock.

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.