On July 22, 2025, Itron (ITRI, Financial) received an updated price target from JP Morgan, highlighting significant market interest. JP Morgan's analyst, Mark Strouse, has maintained a 'Neutral' rating on the stock, while increasing the price target from USD 118.00 to USD 128.00. This adjustment represents an 8.47% increase in the target price for Itron (ITRI).
Itron (ITRI, Financial), currently listed on NASDAQ, continues to be under the 'Neutral' rating category, consistent with JP Morgan's prior stance. The revised price target reflects the analyst's adjusted projections and expectations for the company's performance in the current market environment.
Investors in Itron (ITRI, Financial) may find this development noteworthy as it signals a positive outlook from a prominent financial institution despite holding a stable rating. As always, the future performance of Itron (ITRI) will depend on its ability to meet market expectations and adapt to industry dynamics.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Itron Inc (ITRI, Financial) is $135.80 with a high estimate of $155.00 and a low estimate of $110.00. The average target implies an downside of 0.61% from the current price of $136.63. More detailed estimate data can be found on the Itron Inc (ITRI) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Itron Inc's (ITRI, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Itron Inc (ITRI, Financial) in one year is $92.28, suggesting a downside of 32.46% from the current price of $136.63. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Itron Inc (ITRI) Summary page.
