Itron (NASDAQ:ITRI) Releases Q1 2026 Earnings Guidance

Itron (NASDAQ:ITRI) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.200-1.300 for the period, compared to the consensus EPS estimate of 1.360. The company issued revenue guidance of $565.0 million-$575.0 million, compared to the consensus revenue estimate of $593.0 million. Itron also updated its FY 2026 guidance to 5.750-6.250 EPS.

Wall Street Analysts Forecast Growth

ITRI has been the topic of a number of research reports. Weiss Ratings lowered shares of Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Zacks Research downgraded Itron from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 28th. Stephens raised Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 price target on the stock in a research note on Monday, November 3rd. Johnson Rice raised Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price objective for the company in a research note on Monday, January 5th. Finally, Guggenheim set a $155.00 target price on shares of Itron in a research note on Friday, February 13th. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $137.90.

Itron Stock Up 3.3%

NASDAQ ITRI opened at $99.58 on Thursday. The business’s fifty day simple moving average is $97.63 and its 200-day simple moving average is $110.39. The company has a quick ratio of 1.91, a current ratio of 1.80 and a debt-to-equity ratio of 0.45. The firm has a market cap of $4.56 billion, a PE ratio of 15.30, a P/E/G ratio of 0.54 and a beta of 1.48. Itron has a 52 week low of $88.57 and a 52 week high of $142.00.

Itron (NASDAQ:ITRI) last announced its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.27. Itron had a net margin of 12.72% and a return on equity of 20.04%. The firm had revenue of $571.66 million during the quarter, compared to analyst estimates of $561.31 million. During the same quarter in the prior year, the firm posted $1.35 earnings per share. Itron’s quarterly revenue was down 6.7% on a year-over-year basis. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. As a group, equities analysts anticipate that Itron will post 5.33 earnings per share for the current year.

Insider Buying and Selling at Itron

In related news, SVP Christopher E. Ware sold 343 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 $33,102.93. Following the completion of the transaction, the senior vice president directly owned 18,774 shares in the company, valued at approximately $1,811,878.74. This represents a 1.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Justin K. Patrick sold 379 shares of Itron stock in a transaction on Monday, November 24th. The shares were sold at an average price of $96.51, for a total value of $36,577.29. Following the completion of the sale, the senior vice president owned 20,382 shares in the company, valued at $1,967,066.82. This represents a 1.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 3,113 shares of company stock worth $301,678. Insiders own 1.45% of the company’s stock.

Itron News Roundup

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Q4 beat, margin expansion and strong cash flow: ITRI reported Q4 non‑GAAP EPS $2.46 (vs. $2.19 est.), a big gross‑margin improvement and robust free cash flow that management highlighted as a driver of recent performance. ITRI Q4 Deep Dive: Recurring Revenue Acceleration and Segment Expansion Drive Margin Strength
• Positive Sentiment: Baird upgrade on grid‑modernization opportunity: Robert W. Baird moved ITRI to a more bullish rating, citing upside from grid modernization and the company’s strategic positioning. Itron upgraded to Buy at Baird on grid modernization opportunity
• Positive Sentiment: Strategic M&A and recurring‑revenue focus: Management emphasized recent acquisitions (Urbint closed Nov. 2025; Locusview closed Jan. 2026) and a push toward software/subscription revenue that should improve margins and stabilize growth. Itron: Staying Bullish On Q4 Beat And Strategic M&A
• Neutral Sentiment: Earnings materials and call transcripts available for detail: The slide deck and full transcript provide management’s explanations on margins, backlog ($4.5B disclosed) and segment dynamics for investors doing deeper due diligence. Itron, Inc. (ITRI) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Press/analyst roundups highlight both opportunity and risk: Multiple outlets summarized results and analyst takes — useful background but not new catalysts by themselves. Analysts Offer Insights on Technology Companies: Itron (ITRI) and Bel Fuse Inc (BELFB)
• Negative Sentiment: Guidance came in below consensus: Itron set Q1‑2026 non‑GAAP EPS $1.20–$1.30 (vs. ~1.36 consensus) and FY‑2026 EPS $5.75–$6.25 (slightly below consensus), and revenue guidance below some Street estimates — a caution for near‑term growth expectations. Itron Q4 results and guidance (MarketBeat)
• Negative Sentiment: Notes of caution on bookings and valuation: Some analysts and commentary flagged softer bookings in the quarter and argued valuation/earnings mix may not yet justify a broader upgrade. These points temper enthusiasm. Itron: Despite A Cheap Relative Valuation, Shares Don’t Justify An Upgrade Now

Hedge Funds Weigh In On Itron

Large investors have recently made changes to their positions in the stock. Employees Retirement System of Texas purchased a new stake in Itron in the third quarter valued at approximately $32,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Itron by 29.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock valued at $41,000 after buying an additional 101 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of Itron in the 3rd quarter valued at $49,000. EverSource Wealth Advisors LLC raised its holdings in shares of Itron by 25.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock valued at $53,000 after buying an additional 81 shares during the period. Finally, UMB Bank n.a. lifted its stake in Itron by 271.6% during 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. 96.19% of the stock is currently owned by institutional investors and hedge funds.

Itron Company Profile

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.