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- $3.6BMarket Cap
- -37.50%1-Year Change
- Scientific & Technical InstrumentsIndustry
Itron (ITRI)
Key Performance
More- Earnings Score: 69
- Momentum Score: 38
- True Yield: N/A
- Financial Health Score: 15
Latest Research & News
The global Smart Electric Meter Market is projected to grow from USD 27.24 billion in 2025 to USD 59.22 billion by 2035, expanding at a CAGR of 8.27%. Growth is driven by smart grid modernization, utility digitalization, and advanced metering infrastructure deployment. Asia Pacific leads with 45.19% market share, while single-phase smart meters dominate at 68.29% of revenue. Key players include Landis+Gyr, Itron Inc., Siemens AG, and Schneider Electric.
06/19/2026, 5:15 AM • GlobeNewswire
Smart Meter Market Size to Worth USD 63.15 Billion by 2035 | Research by SNS Insider
The global smart meter market, valued at $26.92 billion in 2025, is projected to grow to $63.15 billion by 2035 at a CAGR of 8.90%. Growth is driven by government smart grid mandates, renewable energy adoption, EV charging infrastructure, and advanced metering infrastructure deployment. Asia Pacific leads with 30.90% market share, while North America remains a developed and expanding market.
05/29/2026, 3:30 AM • GlobeNewswire
Novara Energy Alliance Launches to Power Energy Innovation
Novara Energy Alliance, formed from the merger of Urbanova and INTENT, officially launched on May 7, 2026, with a mission to unite innovators, communities, and leaders to solve energy and water challenges in the Inland Northwest. The organization, backed by founding partners Avista, Itron, and McKinstry, aims to improve energy affordability, reliability, resilience, and opportunity through collaborative problem-solving across industry, government, academia, and community stakeholders.
05/07/2026, 11:00 AM • GlobeNewswire
Novara Energy Alliance Launches to Power Energy Innovation
Novara Energy Alliance, formed from the merger of Urbanova and INTENT, officially launched to address energy and water challenges in the Inland Northwest. The organization unites innovators, communities, and leaders with founding mission partners Avista, Itron, and McKinstry to develop solutions for energy efficiency, resilience, and extreme weather mitigation. The alliance is recruiting a permanent CEO to replace interim CEO Kim Pearman-Gillman.
05/07/2026, 11:00 AM • Benzinga
Why Itron Stock Battled Back From a Big Sell-Off Today
Itron stock recovered from a 9.7% intraday decline to close slightly positive (+0.1%) on Tuesday despite mixed earnings results. The company beat Q1 earnings and sales expectations, but issued weaker-than-expected forward guidance for Q2, with projected sales of $560-570M versus analyst estimates of $607M and EPS guidance of $1.25-1.35 versus expected $1.46.
04/28/2026, 4:22 PM • The Motley Fool
Heat Meter Market Size to Surpass USD 3.24 Billion by 2035 | Research by SNS Insider
The global heat meter market is expected to grow at a CAGR of 6.51% from 2026 to 2035, driven by rising adoption of smart metering technologies, district heating infrastructure expansion, and government energy efficiency regulations. Wireless connectivity dominates with 61% market share, while North America leads with 40% revenue share. Asia Pacific is projected to experience the fastest growth at 7.92% CAGR.
03/27/2026, 3:30 AM • GlobeNewswire
Itron and Ausgrid Advance Energy Resource Integration to Millions of Consumers in Eastern Australia
Itron announced an extended collaboration with Ausgrid, Australia's largest electricity distributor, to deploy its IntelliFLEX Low Voltage Distributed Energy Resource Management System. The solution will help manage the rapid growth of rooftop solar installations and meet grid stability requirements under NSW's Emergency Backstop Mechanism, enabling real-time monitoring and control of consumer energy resources.
03/18/2026, 6:30 PM • GlobeNewswire
4 Stock Market Predictions for 2026
The article presents four market predictions for 2026: (1) Gemini's market share surge may challenge OpenAI's AI dominance, potentially disrupting the sector; (2) a stock market correction of 10%+ is likely in the second half of 2026, following historical patterns; (3) an electricity power bottleneck for AI infrastructure creates opportunities for companies that optimize grid efficiency; (4) despite near-term volatility, the long-term market outlook remains positive with strong fundamentals supporting growth.
01/17/2026, 8:19 PM • The Motley Fool
Global Smart Utilities Market to Surge, Reaching $157.46 Billion by 2034
The global smart utilities market is projected to grow from $46.64 billion in 2024 to $157.46 billion by 2034, driven by grid automation, IoT, and digital technologies. North America leads the market, with Asia Pacific and Middle East showing fastest growth potential.
12/12/2025, 10:57 AM • GlobeNewswire
Itron has partnered with Connected Lighting Solutions (CLS) to deploy smart lighting technologies across Australia, enabling more efficient urban infrastructure and supporting utilities and councils in improving public services and reducing emissions.
11/19/2025, 6:00 PM • GlobeNewswire
Itron Signs Definitive Agreement to Acquire Locusview, Ltd.
Itron Inc. announced plans to acquire Locusview, a privately held utility-focused software company, for $525 million in cash. The acquisition aims to expand Itron's Resiliency Solutions and digital construction management capabilities.
11/17/2025, 8:30 AM • Benzinga
Itron Supports Virtual Power Plants in Australia
Itron is supporting Project Jupiter in Western Australia to accelerate the integration of distributed energy resources (DERs) using its Low Voltage Distributed Energy Resource Management System, enabling households and businesses to participate in virtual power plants.
10/28/2025, 5:00 PM • GlobeNewswire
Itron Signs Definitive Agreement to Acquire Urbint, Inc
Itron announced plans to acquire Urbint, a privately held software company, for $325 million in cash. The acquisition aims to enhance Itron's operational resilience solutions for utilities and infrastructure management.
10/06/2025, 4:30 PM • Benzinga
Global smart meter market analysis reveals top players like Landis+Gyr, Itron, and Sagemcom leading through technological innovations and strategic partnerships, driven by rising electric vehicle adoption and renewable energy initiatives.
07/29/2025, 4:58 AM • GlobeNewswire
Peers
Statistics
MoreInformation as of 06/22/2026
Company Profile
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; network design services; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also products and software for the implementation, installation, and management of communicating devices and data networks; offers industrial internet of things solutions, including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; grid edge devices; distribution automation communications; smart lighting; and smart city sensors and applications. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning, statistical modeling, and other analytics. The Resiliency Solutions segment offers software and services. The company offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.
Key Executives
- Thomas L. Deitrich
- Joan S. Hooper
- Donald L. Reeves
- John F. Marcolini
- Justin K. Patrick
Current Ownership Distribution
- Mutual Funds1.6B (65.23%)
- Institutions840.0M (34.55%)
- Insiders5.5M (0.23%)
- Other0 (0.00%)