Itron (NASDAQ:ITRI) Shares Gap Up Following Better-Than-Expected Earnings

Itron, Inc. (NASDAQ:ITRI) shares gapped up prior to trading on Tuesday after the company announced better than expected quarterly earnings. The stock had previously closed at $89.36, but opened at $98.89. Itron shares last traded at $103.16, with a volume of 471,759 shares changing hands.

The scientific and technical instruments company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.27. Itron had a return on equity of 17.82% and a net margin of 10.69%.During the same quarter last year, the company earned $1.35 EPS. The business’s revenue was down 6.7% on a year-over-year basis.

Itron News Roundup

Here are the key news stories impacting Itron this week:

• Positive Sentiment: EPS beat and solid profitability metrics: Itron reported Q4 EPS of $2.46 versus the street estimate of $2.19, with a net margin ~10.7% and ROE ~17.8% — a clear catalyst for the stock’s gain. Itron Press Release
• Positive Sentiment: Q4 sales beat consensus, helping support the stock rally as investors focus on execution and revenue quality despite mixed top-line trends. Itron’s (NASDAQ:ITRI) Q4 CY2025 Sales Beat Estimates
• Positive Sentiment: Product and AI momentum: Coverage on how Itron plans to use AI to reduce wildfire risk highlights a scalable software/analytics opportunity that could lift higher-margin recurring revenue over time. How Itron (ITRI) Will Use AI To Reduce Wildfire Risks
• Neutral Sentiment: Analyst previews and investor materials: Several previews and slide decks discussed whether a shift toward software can offset margin pressure — important context but not an immediate catalyst. Itron earnings on deck: Can software shift offset margin pressure?
• Neutral Sentiment: Short-interest note shows no meaningful published change in the latest snapshot (data oddity/zeros), so short-covering is unlikely to be a primary driver. (Source: market data compilation)
• Negative Sentiment: Revenue decline and regulatory delays: Revenue fell ~6.7% year‑over‑year in Q4 and several reports cite slower-than-anticipated regulatory approvals that hurt quarter timing — a clear near-term headwind for growth and guidance visibility. Slower-Than-Anticipated Regulatory Approvals Hurt Itron (ITRI) in Q4
• Negative Sentiment: Margin pressure risk: Analysts and commentary warn that product mix and the top-line decline could pressure margins going forward unless software/recurring revenue growth accelerates faster than expected. What to Expect from Itron’s Earnings

Analysts Set New Price Targets

A number of research firms recently weighed in on ITRI. Guggenheim set a $155.00 price target on Itron in a research note on Friday. Zacks Research downgraded Itron from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 28th. Wall Street Zen cut shares of Itron from a “buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Argus restated a “hold” rating on shares of Itron in a research report on Tuesday, November 4th. Finally, Stephens upgraded shares of Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 price target for the company in a report on Monday, November 3rd. Seven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Itron currently has an average rating of “Hold” and an average price target of $136.10.

Insider Buying and Selling at Itron

In related news, SVP Christopher E. Ware sold 343 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $96.51, for a total transaction of $33,102.93. Following the completion of the transaction, the senior vice president directly owned 18,774 shares in the company, valued at $1,811,878.74. The trade was a 1.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Justin K. Patrick sold 379 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $96.51, for a total value of $36,577.29. Following the sale, the senior vice president owned 20,382 shares in the company, valued at $1,967,066.82. The trade was a 1.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,113 shares of company stock worth $301,678 in the last ninety days. Insiders own 1.51% of the company’s stock.

Hedge Funds Weigh In On Itron

Large investors have recently made changes to their positions in the business. Twin Peaks Wealth Advisors LLC bought a new position in shares of Itron in the second quarter worth approximately $30,000. Bessemer Group Inc. increased its position in shares of Itron by 125.7% during the 2nd quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock valued at $34,000 after purchasing an additional 142 shares during the last quarter. Employees Retirement System of Texas purchased a new position in shares of Itron during the 3rd quarter worth $32,000. Private Trust Co. NA lifted its position in Itron by 112.4% during the fourth quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 145 shares in the last quarter. Finally, Optiver Holding B.V. bought a new position in shares of Itron during the 3rd quarter valued at approximately $36,000. 96.19% of the stock is currently owned by hedge funds and other institutional investors.

Itron Trading Up 14.7%

The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average price is $97.61 and its 200-day moving average price is $110.66. The stock has a market capitalization of $4.69 billion, a PE ratio of 18.43, a PEG ratio of 0.51 and a beta of 1.48.

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.