Itron (ITRI) to Release Quarterly Earnings on Tuesday

Itron (NASDAQ:ITRI) is expected to release its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect the company to announce earnings of $1.31 per share and revenue of $566.34 million for the quarter. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. Parties are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 10:00 AM ET.

Itron (NASDAQ:ITRI) last posted its earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.23. The company had revenue of $586.98 million for the quarter, compared to the consensus estimate of $572.04 million. Itron had a return on equity of 19.54% and a net margin of 12.31%.Itron’s revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.52 earnings per share. On average, analysts expect Itron to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Itron Trading Up 0.3%

Shares of NASDAQ:ITRI opened at $84.22 on Friday. The stock’s 50-day simple moving average is $82.96 and its two-hundred day simple moving average is $89.87. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of 13.43, a PEG ratio of 0.74 and a beta of 1.32. Itron has a 52-week low of $77.77 and a 52-week high of $142.00. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.24 and a current ratio of 2.66.

Analysts Set New Price Targets

A number of research firms recently issued reports on ITRI. Oppenheimer raised their price objective on shares of Itron from $133.00 to $135.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Zacks Research cut shares of Itron from a “hold” rating to a “strong sell” rating in a report on Friday, July 17th. JPMorgan Chase & Co. decreased their price target on shares of Itron from $133.00 to $113.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. TD Cowen dropped their price target on shares of Itron from $145.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Roth Capital reissued a “buy” rating and set a $136.00 price objective on shares of Itron in a research report on Wednesday, April 29th. Eight analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $131.22.

Insider Transactions at Itron

In other news, SVP Donald L. Reeves III sold 319 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $84.37, for a total value of $26,914.03. Following the transaction, the senior vice president directly owned 29,100 shares in the company, valued at $2,455,167. The trade was a 1.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP John F. Marcolini sold 322 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $84.37, for a total value of $27,167.14. Following the completion of the transaction, the senior vice president directly owned 24,689 shares of the company’s stock, valued at approximately $2,083,010.93. This trade represents a 1.29% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 3,946 shares of company stock valued at $324,420 over the last three months. Corporate insiders own 1.77% of the company’s stock.

Institutional Investors Weigh In On Itron

Several institutional investors and hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in Itron by 18.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,271,042 shares of the scientific and technical instruments company’s stock valued at $118,034,000 after acquiring an additional 194,768 shares in the last quarter. First Trust Advisors LP lifted its stake in Itron by 4.1% in the 4th quarter. First Trust Advisors LP now owns 793,175 shares of the scientific and technical instruments company’s stock worth $73,654,000 after purchasing an additional 31,088 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Itron by 42.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 604,580 shares of the scientific and technical instruments company’s stock worth $75,306,000 after purchasing an additional 180,366 shares in the last quarter. Schroder Investment Management Group boosted its holdings in shares of Itron by 65.2% during the 4th quarter. Schroder Investment Management Group now owns 588,872 shares of the scientific and technical instruments company’s stock valued at $54,683,000 after purchasing an additional 232,341 shares during the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of Itron by 269.3% during the 4th quarter. Millennium Management LLC now owns 506,867 shares of the scientific and technical instruments company’s stock valued at $47,068,000 after purchasing an additional 369,617 shares during the last quarter. Institutional investors own 96.19% of the company’s stock.

About Itron

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.