Itron (ITRI) Expected to Post Earnings on Tuesday

Itron (NASDAQ:ITRI) will likely be posting its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect Itron to post earnings of $1.56 per share and revenue of $595.51 million for the quarter. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. Individuals can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 10:00 AM ET.

Itron (NASDAQ:ITRI) last issued its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.29 by $0.30. The firm had revenue of $562.90 million during the quarter, compared to analysts’ expectations of $566.34 million. Itron had a return on equity of 19.26% and a net margin of 11.90%. The business’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.62 earnings per share. On average, analysts expect Itron to post $6.41 EPS for the current fiscal year and $6.74 EPS for the next fiscal year.

Itron Stock Down 1.1%

ITRI stock opened at $82.14 on Tuesday. The company has a quick ratio of 2.29, a current ratio of 2.75 and a debt-to-equity ratio of 0.96. The business has a 50 day moving average price of $92.86 and a two-hundred day moving average price of $89.13. The company has a market cap of $3.60 billion, a price-to-earnings ratio of 13.71, a P/E/G ratio of 1.00 and a beta of 1.32. Itron has a twelve month low of $77.77 and a twelve month high of $142.00.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ITRI. Seaport Research Partners reissued a “buy” rating and issued a $150.00 price objective on shares of Itron in a report on Wednesday, July 29th. Weiss Ratings raised shares of Itron from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, October 12th. Zacks Research upgraded shares of Itron from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 27th. Needham & Company LLC upped their price target on shares of Itron from $116.00 to $128.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Robert W. Baird set a $125.00 price target on shares of Itron in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Itron currently has a consensus rating of “Moderate Buy” and an average price target of $131.33.

Insiders Place Their Bets

In other Itron news, SVP Justin Patrick sold 10,210 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $97.36, for a total transaction of $994,045.60. Following the transaction, the senior vice president owned 22,065 shares of the company’s stock, valued at $2,148,248.40. The trade was a 31.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joan Hooper sold 4,406 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $98.86, for a total value of $435,577.16. Following the transaction, the chief financial officer directly owned 117,113 shares in the company, valued at approximately $11,577,791.18. This trade represents a 3.63% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 17,903 shares of company stock worth $1,753,521. Company insiders own 1.77% of the company’s stock.

Itron Company Profile

Itron, Inc is a technology company that provides solutions to utilities and cities for managing electricity, natural gas, and water resources. Its offerings help organizations measure consumption, collect and analyze data, improve operational efficiency, and support more reliable and sustainable delivery of essential services.

The company’s portfolio includes smart meters, advanced metering infrastructure, communications networks, sensors, data management systems, and utility software.