Piper Sandler Maintains Neutral on Itron, Raises Price Target to $110
$ITRI
Electrical Products
Industrials
Piper Sandler analyst Kashy Harrison maintains Itron (NASDAQ:ITRI) with a Neutral and raises the price target from $109 to $110.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/27/2024 | $131.00 | Buy | Janney |
| 9/5/2024 | $133.00 | Outperform | Exane BNP Paribas |
| 8/2/2024 | $115.00 → $125.00 | Buy | TD Cowen |
| 7/11/2024 | $130.00 | Neutral → Buy | Guggenheim |
| 5/21/2024 | $109.00 | Overweight → Neutral | Piper Sandler |
| 5/3/2024 | $110.00 → $115.00 | Buy | TD Cowen |
| 3/13/2024 | $107.00 → $110.00 | Outperform | TD Cowen |
| 2/27/2024 | $68.00 → $108.00 | Neutral → Outperform | Robert W. Baird |
LIBERTY LAKE, Wash., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its third quarter ended September 30, 2024. Key results for the quarter include (compared with the third quarter of 2023): Revenue of $615 million, increased 10%;Gross profit of $210 million, increased 12%;GAAP net income attributable to Itron, Inc. of $78 million, increased $38 million;GAAP diluted earnings per share of $1.70, increased $0.83 per share;Non-GAAP diluted EPS of $1.84, increased $0.86 per share;Adjusted EBITDA of $89 million, increased 29%; andFree cash flow of $59 million, increased
LIBERTY LAKE, Wash., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today that it will release financial results for the quarter ended Sept. 30, 2024 before the opening of market on Thursday, Oct. 31, 2024. The company's press release and financial statements will be available on the company's website at https://investors.itron.com on Oct. 31, 2024 at 8:30 a.m. EDT followed by the management conference call at 10 a.m. EDT to discuss the results. Interested parties may listen to the conference call on a live webcast. The webcast, along with a supplemental presentation, may be accessed
LIBERTY LAKE, Wash., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its second quarter ended June 30, 2024. Key results for the quarter include (compared with the second quarter of 2023): Revenue of $609 million, increased 13%;Gross profit of $210 million, increased 21%;GAAP net income attributable to Itron, Inc. of $51 million, increased $27 million;GAAP diluted earnings per share of $1.10, increased $0.57 per share;Non-GAAP diluted EPS of $1.21, increased $0.56 per share;Adjusted EBITDA of $77 million, increased 56%; andFree cash flow of $45 million, increa
Piper Sandler analyst Kashy Harrison maintains Itron (NASDAQ:ITRI) with a Neutral and raises the price target from $109 to $110.
Oppenheimer analyst Noah Kaye maintains Itron (NASDAQ:ITRI) with a Outperform and raises the price target from $110 to $112.
JP Morgan analyst Mark Strouse maintains Itron (NASDAQ:ITRI) with a Neutral and raises the price target from $104 to $112.
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LIBERTY LAKE, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced the integration of Itron's Intelligent Connectivity suite with FirstNet®, Built with AT&T, the only nationwide, high-speed broadband communications platform dedicated to and purpose-built for America's first responders and the extended public safety community. Itron has completed integrating an initial round of cellular-enabled products with FirstNet, with more to come. Itron's participation in the FirstNet Embedded IoT Program further enhances the reliability and resiliency of Itron's network offering, providing prior
Bangladesh Rural Electrification Board to Deploy Itron Solution to Improve Operational Efficiency and Customer Service Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced that Bangladesh Rural Electrification Board (BREB), a government organization and the largest power distributor in Bangladesh, has selected Itron to provide its Advanced Metering Infrastructure (AMI) solution as the foundational technology to build a more resilient grid. This project supports a sustainable future in Bangladesh by helping to modernize BREB's distribution system. Included, BREB can empower its customers through greater visibility and contro
Technology Executive Brings More Than 30 Years of Expertise in Cybersecurity, Data Protection and Customer Service Itron, Inc. (NASDAQ:ITRI), which is innovating the way utilities and cities manage energy and water, announced today the appointment of Sanjay Mirchandani, CEO of Commvault, to its board of directors, effective July 18, 2023. Mirchandani has more than 30 years of experience in cybersecurity, data protection, customer service and technology, most recently as CEO of Commvault, the recognized leader in data backup and recovery. Since joining Commvault, Mirchandani has innovated Commvault's industry-recognized portfolio, launching Metallic, an award-winning SaaS offering, and s
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8-K - ITRON, INC. (0000780571) (Filer)
8-K - ITRON, INC. (0000780571) (Filer)
Janney initiated coverage of Itron with a rating of Buy and set a new price target of $131.00
Exane BNP Paribas initiated coverage of Itron with a rating of Outperform and set a new price target of $133.00
TD Cowen reiterated coverage of Itron with a rating of Buy and set a new price target of $125.00 from $115.00 previously
Innovative EV Connect Program Makes EV Charging More Accessible and Affordable for Customers LIBERTY LAKE, Wash. and SAN JOSE, Calif., Nov. 13, 2024 /PRNewswire/ -- Itron, Inc. (NASDAQ:ITRI) and Pacific Gas and Electric Company (PG&E) are collaborating to make electric vehicle (EV) charging more accessible and affordable for PG&E's customers. As part of exploring ways to modernize its electric meter network, PG&E is working with Itron on a customer-focused pilot to develop and test the management of EV charging loads in real-time, with the goal of significantly lowering the b
LIBERTY LAKE, Wash., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced the integration of Itron's Intelligent Connectivity suite with FirstNet®, Built with AT&T, the only nationwide, high-speed broadband communications platform dedicated to and purpose-built for America's first responders and the extended public safety community. Itron has completed integrating an initial round of cellular-enabled products with FirstNet, with more to come. Itron's participation in the FirstNet Embedded IoT Program further enhances the reliability and resiliency of Itron's network offering, providing prior
LIBERTY LAKE, Wash., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced that Eastside Utility District (EUD), a water provider serving Tennessee, is deploying Itron's Smart Water Solutions to enhance operations and modernize its water network. The project, which is in the final phase of deployment, has allowed the utility to collect accurate meter reads, enhance revenue assurance and provide transparent communication with their customers. EUD is deploying a cellular Advanced Metering Infrastructure (AMI) network and Temetra®, Itron's cutting-edge cloud-based data collection and management