Itron(ITRI)

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Xcel Energy to Deploy Advanced Virtual Power Plant in Colorado with Itron and Tesla
Globenewswire· 2025-03-20 20:05
Integration of Itron's IntelliFLEX Aggregator DERMS Solution and Tesla Home Batteries Drives Grid Flexibility, Visibility and Control LIBERTY LAKE, Wash., March 20, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for energy providers and cities to manage energy and water, is collaborating with Tesla Inc. to deploy an advanced virtual power plant (VPP) in Colorado in collaboration with Xcel Energy. The collaboration is part of a new effort in Itron's ongoing work with Xcel E ...
Itron Collaborates with Microsoft to Enhance Utility Operations with Generative AI
Globenewswire· 2025-03-20 12:45
Natural Language Queries on Itron’s Intelligent Edge Operating System to Significantly Improve Data AccessLIBERTY LAKE, Wash., March 20, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is working with Microsoft to enhance the way utilities access data across their business operations, leading the utility industry with Grid Edge Intelligence. The companies are integrating Microsoft’s generative artificial intelligence (Gen ...
Itron to Bring NVIDIA-Powered Artificial Intelligence to the Grid Edge
Globenewswire· 2025-03-19 20:05
Powering the Future of Utilities with High-Performance Edge Computing to Support Rapidly Increasing Demands of Grid Resilience, Customer Engagement and AffordabilityLIBERTY LAKE, Wash., March 19, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, today announced a collaboration with NVIDIA to address the industry’s most pressing challenges by accelerating the adoption of AI-powered solutions at the grid edge for utilities an ...
Itron (ITRI) Recently Broke Out Above the 200-Day Moving Average
ZACKS· 2025-03-18 14:30
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 ...
Itron & CHINT Global Unveil GCP-Compliant Residential Smart Meter
ZACKS· 2025-03-17 14:00
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) Advances While Market Declines: Some Information for Investors
ZACKS· 2025-03-13 23:05
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 ...
Earnings Estimates Rising for Itron (ITRI): Will It Gain?
ZACKS· 2025-03-13 17:20
Investors might want to bet on Itron (ITRI) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this energy and water meter company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnin ...
Itron Unveils IntelliFLEX to Boost Grid Flexibility & DER Optimization
ZACKS· 2025-03-13 13:15
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 ...
Itron and CHINT Global Lead Industry with First Smart Meter Based on the DLMS Generic Companion Profile (GCP) Standard
Globenewswire· 2025-03-13 12:45
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 ...
Itron Launches IntelliFLEX Solution to Strengthen Grid Reliability and Optimize Distributed Energy Resource Integration
Globenewswire· 2025-03-12 12:45
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 ...