Itron (ITRI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ITRI broke through the 200-day moving average, which suggests a long-term bullish trend.A useful tool for traders and analysts, the 200-day simple moving average helps determine long-term market trends for stocks, commodities, indexes, and other financial instruments. It moves higher or lower in conjunction with longer-term price performance, and serves as a support or resistance ...

Core Insights - Itron Inc. has partnered with CHINT Global to launch the first residential electric smart meter compliant with the DLMS User Association's AC Electricity Smart Meter Generic Companion Profile standard, aiming to enhance interoperability and reduce integration costs [1][2][3] Group 1: Product Development and Innovation - The GCP standard provides a framework for interoperability across smart metering technologies, eliminating the need for custom interfaces and enabling cost-effective implementation of Advanced Metering Infrastructure [2] - The new GCP-compliant smart meter integrates Itron's Gen5 network interface card with CHINT Global's metering expertise, having been tested for performance, security, and reliability before commercial launch [3][4] - Itron's IntelliFLEX, a Distributed Energy Resource Management System, aims to optimize grid capacity and defer infrastructure investments, potentially unlocking up to 20% additional capacity [5] Group 2: Financial Performance - Itron's revenues for the last reported quarter reached $613 million, a 6% year-over-year increase, driven by strong demand in the Networked Solutions and Outcomes segments [6] - The company expects revenues in the range of $2.4 billion to $2.5 billion for 2025, with projected net sales of $610 million to $620 million for the first quarter of 2024, reflecting a 2% year-over-year increase at the midpoint [7] Group 3: Market Position - Itron currently holds a Zacks Rank 2 (Buy), with its stock price increasing by 19.6% over the past year, contrasting with a 7% decline in the Zacks Electronics-Testing Equipment industry [8]

Itron (ITRI) ended the recent trading session at $103.91, demonstrating a +0.76% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.91% for the day. Elsewhere, the Dow saw a downswing of 1.5%, while the tech-heavy Nasdaq depreciated by 1.96%.Coming into today, shares of the energy and water meter company had gained 5.5% in the past month. In that same time, the Computer and Technology sector lost 10.57%, while the S&P 500 lost 7.38%.Investors will be e ...

Core Viewpoint - Itron (ITRI) is experiencing a positive trend in earnings estimates, which is likely to continue driving its stock price upward due to strong short-term price momentum and improving earnings outlook [1][2]. Earnings Estimates - Analysts are increasingly optimistic about Itron's earnings prospects, leading to higher estimates that are expected to reflect positively in the stock price [2]. - For the current quarter, Itron is projected to earn $1.28 per share, marking a 3.23% increase from the previous year, with a 23.78% rise in consensus estimates over the last 30 days [4]. - For the full year, the expected earnings are $5.27 per share, indicating a year-over-year decline of 6.23%, but the consensus estimate has increased by 12.19% due to seven upward revisions [5]. Zacks Rank - Itron currently holds a Zacks Rank 2 (Buy), reflecting strong agreement among analysts in raising earnings estimates, which is a positive indicator for investors [6]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500, suggesting a favorable investment opportunity in Itron [6]. Stock Performance - Itron shares have appreciated by 5.5% over the past four weeks, indicating investor confidence in the company's earnings growth prospects [7].

Itron Inc. (ITRI) recently introduced IntelliFLEX, a cutting-edge grid-edge Distributed Energy Resource Management System (DERMS) designed to provide real-time visibility, control and optimization of behind-the-meter DERs. By harnessing Grid-Edge Intelligence (GEI), IntelliFLEX helps utilities unlock up to 20% additional capacity in the distribution grid while deferring expensive infrastructure investments. This transformative solution will be showcased at DISTRIBUTECH 2025 from March 24-27.IntelliFLEX, par ...

Early Adopters of GCP Standard Advance Interoperability, Expanding Choices for Utilities and Meter VendorsLIBERTY LAKE, Wash., March 13, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, and CHINT Global, a global metering solutions provider with regional headquarters in Singapore, have introduced the first residential electric smart meter based on the DLMS User Association’s AC Electricity Smart Meter (ACESM) Generic Compa ...

Groundbreaking Grid-Edge DERMS Solution Enhances Local Resilience, Demand Flexibility and Real-Time DER CoordinationLIBERTY LAKE, Wash., March 12, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is helping utilities improve integration of distributed energy resources (DERs) and enhance grid flexibility with its IntelliFLEX solution. As a grid edge DERMS solution, IntelliFLEX facilitates real-time visibility, control and o ...

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Itron (ITRI), and highlights the potential misalignment of interests between brokerage analysts and retail investors [1][4]. Group 1: Brokerage Recommendations - Itron has an average brokerage recommendation (ABR) of 1.46, indicating a consensus between Strong Buy and Buy, based on recommendations from 13 brokerage firms, with 10 of those being Strong Buy, representing 76.9% of all recommendations [2][4]. - The article suggests that relying solely on brokerage recommendations may not be a sound investment strategy, as studies indicate these recommendations often fail to guide investors effectively towards stocks with high price appreciation potential [4][9]. Group 2: Analyst Bias and Zacks Rank - Brokerage analysts tend to exhibit a strong positive bias in their ratings due to vested interests, with a ratio of five Strong Buy recommendations for every Strong Sell [5][9]. - The Zacks Rank, a proprietary stock rating tool, categorizes stocks based on earnings estimate revisions and has shown a strong correlation with near-term stock price movements, making it a more reliable indicator than ABR [7][10]. Group 3: Earnings Estimates for Itron - The Zacks Consensus Estimate for Itron has increased by 11.5% over the past month to $5.23, reflecting growing optimism among analysts regarding the company's earnings prospects [12]. - The recent change in the consensus estimate, along with other factors, has resulted in a Zacks Rank 2 (Buy) for Itron, suggesting that the Buy-equivalent ABR may serve as a useful guide for investors [13].

LIBERTY LAKE, Wash., March 06, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, and its channel partner, National Rural Telecommunications Cooperative (NRTC), are working together with Arkansas Valley Electric Cooperative Corporation (AVECC), to improve grid resiliency and reliability for AVECC’s members across the Arkansas River Valley. AVECC is leveraging its existing fiber optic network to unlock a broad range of applic ...

LIBERTY LAKE, Wash., March 06, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:ITRI), which is innovating new ways for utilities and cities to manage energy and water, and its channel partner, National Rural Telecommunications Cooperative (NRTC), are working together with Arkansas Valley Electric Cooperative Corporation (AVECC), to improve grid resiliency and reliability for AVECC's members across the Arkansas River Valley. AVECC is leveraging its existing fiber optic network to unlock a broad range of applica ...