City to Deploy Itron’s CityEdge Portfolio to Improve Streetlight Operations and Provide InsightsLIBERTY LAKE, Wash., March 25, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is working together with the City of Helsingborg in Sweden to deploy Itron’s CityEdge portfolio as the initial phase of the city’s project to create a smart and sustainable city. To accomplish its project goals, the City of Helsingborg, which has jus ...

Core Insights - Itron, Inc. has partnered with Microsoft to leverage generative artificial intelligence (Gen AI) for utilities and cities, aiming to enhance data accessibility, optimize decision-making, and improve operational efficiency through the integration of Microsoft's Copilot AI technology into Itron's Intelligent Edge Operating System (IEOS) [1][3] Group 1: AI Integration and Platform Launch - The AI-driven platform is set to launch globally in Q2 2025, functioning as a virtual assistant for utility operators to access insights on metering, customer usage, network performance, and distributed energy resources [2] - The IEOS platform is foundational to Itron's Grid Edge Intelligence (GEI) solutions, utilizing Microsoft Azure OpenAI Service for secure data processing and real-time insights [3][5] Group 2: User-Friendly Features - Utility operators can make natural language queries to obtain reports and analytics without needing advanced technical skills, thanks to Gen AI capabilities [4][9] - The platform allows for easy data access and analysis across multiple sources, enabling comprehensive reporting and chart generation through AI-embedded queries [7][8] Group 3: Operational Efficiency and Data Accuracy - AI-driven analytics can identify unusual consumption patterns, helping utilities implement targeted behavioral programs for better customer satisfaction and energy conservation [5] - The platform enhances data validation by analyzing rules across utility networks, leading to improved data accuracy and reduced operational errors [6] Group 4: Market Demand and Financial Performance - Itron's 2024 bookings reached $2.7 billion, with a book-to-bill ratio of 1:11, indicating strong demand for its grid-edge intelligence platform [13] - The company anticipates 2025 revenues to be between $2.4 billion and $2.5 billion, reflecting the back-end-loaded nature of its bookings [13] Group 5: Competitive Positioning - Itron's stock has gained 18.6% over the past year, outperforming the Zacks Electronics - Testing Equipment industry, which declined by 7.3% [14]

Collaboration to Extend Grid Edge Intelligence to the Utility Control CenterLIBERTY LAKE, Wash. and BOSTON, March 24, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), a leader in grid edge intelligence, and Schneider Electric, a leader in the digital transformation of energy management and automation, are expanding their collaboration with Microsoft to deliver a comprehensive Grid Edge Intelligence solution that addresses utility grid visibility and control challenges. This collaboration takes advantage ...

Core Insights - Itron, Inc. has announced a collaboration with Tesla and Xcel Energy to deploy an advanced virtual power plant (VPP) in Colorado, enhancing the management of distributed energy resources (DERs) [1] - The IntelliFLEX solution introduced by Itron is designed for near real-time DER optimization, enabling aggregation, forecasting, and AI-driven load balancing [2] - Itron's IntelliFLEX Aggregator DER Management System (DERMS) currently manages over 3 million DER devices for 30 utilities across the U.S. [3] Collaboration Details - The collaboration integrates Itron's IntelliFLEX solution with Tesla's battery storage platform, utilizing solar power stored in Tesla Powerwall batteries for real-time grid support [4] - This integration will expand Xcel Energy's Renewable Battery Connect program, increasing dispatchable residential batteries and supporting electrification goals [4] - The combination of Itron's DERMS and Tesla's battery technology allows a network of DERs to operate as a single virtual power plant, enhancing grid reliability during peak demand [5] Strategic Partnerships - Itron's strategic collaborations include partnerships with Encycle Technologies for HVAC optimization, Xcel Energy for addressing evolving energy needs, and Pacific Gas and Electric Company to enhance electric vehicle charging availability [6] - The company has also renewed its long-term partnership with Pepco to advance next-generation edge demand response technologies [6] Stock Performance - Itron currently holds a Zacks Rank 2 (Buy) and has seen a stock price increase of 19.4% over the past year, contrasting with a 7.5% decline in the Zacks Electronics - Testing Equipment industry [7]

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 ...

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 ...

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) 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 ...