Added to YB: 2025-10-01
Pitch date: 2025-08-13
ITRI [bullish]
Itron, Inc.
-2.38%
current return
Author Info
No bio for this author
Company Info
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide.
Market Cap
$5.7B
Pitch Price
$127.60
Price Target
160.00 (+28%)
Dividend
N/A
EV/EBITDA
15.40
P/E
21.18
EV/Sales
2.35
Sector
Electronic Equipment, Instruments and Components
Category
growth
Itron, Inc. - $ITRI
ITRI: Entering generational replacement cycle (2010-2012 AMI deployments) driving 18M unit deployments by 2029 vs 16M in 2024. First-time AMI replacements catalyze Distributed Intelligence adoption (ASP uplift). Market share gains from Landis+Gyr struggles & shutting off network access to competitors. 30% upside target $160/share by 2026, 19% IRR. Risks: policy changes, interoperability pushback.
Read full article (12 min)