
Itron (ITRI) Stock Forecast & Price Target
Itron (ITRI) Analyst Ratings
Bulls say
Itron Inc. has demonstrated a robust financial performance, highlighted by a 6% year-over-year increase in Networked Solutions revenues driven by heightened utility project deployments, alongside remarkable free cash flow generation that surged 78% year-over-year to approximately $70 million. The company also achieved a 90 basis point improvement in gross margin to 34.9%, indicating a favorable shift in its product mix toward higher-margin offerings. Furthermore, the Outcomes segment has consistently led the company's revenue growth, achieving a 25% year-over-year increase in Q4 and maintaining double-digit growth across every quarter of FY24, contributing positively to Itron's overall financial outlook.
Bears say
Itron Inc's negative outlook is primarily attributed to a modest growth forecast for 2025, which is compounded by artificially inflated 2024 revenue figures that obscure underlying performance trends. The company's devices sales have contracted by approximately 4.4%, reflecting weaker demand for legacy electric meter products, which raises concerns regarding the sustainability of revenue streams. Furthermore, delays or supply shortages pose risks to Itron's reputation and could adversely affect sales and profit margins, underscoring the challenges ahead for the company's operational sustainability.
This aggregate rating is based on analysts' research of Itron and is not a guaranteed prediction by Public.com or investment advice.
Itron (ITRI) Analyst Forecast & Price Prediction
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