Itron Inc Stock Price, News & Analysis

Itron (NASDAQ: ITRI) announced its 2026 Annual Meeting of Shareholders will be held on May 7, 2026. The company said the exact time and location will be provided in the notice to shareholders.

Itron updated director nomination timing: nominations not included in proxy materials must be received by the Corporate Secretary no earlier than January 7, 2026 and no later than February 6, 2026. Submission address: Corporate Secretary, Itron, Inc., 2111 N. Molter Road, Liberty Lake, Washington 99019. The company referenced its proxy statement filed March 24, 2025 for additional shareholder proposal instructions.

Itron (NASDAQ: ITRI) announced on November 19, 2025 that Connected Lighting Solutions (CLS), a division of Beacon Lighting Group, has joined the Itron Engage Sales Channel Partner Program in Australia.

CLS will support deployment of Itron smart lighting technologies including Networked Lighting Controller (NLC) hardware and the CityEdge software platform, providing local technical support, procurement simplification, on-site presence, and end-to-end project services to utilities and councils.

The partnership aims to speed rollouts, enable remote streetlight monitoring, adaptive schedules, real-time outage detection, reduce emissions and lower maintenance costs across Australian municipalities.

Itron (NASDAQ: ITRI) announced a contract with Northumbrian Water to deploy 330,000 Aquadis+ water meters with Cyble 5 modules in northeast England, with deployment underway and expected to complete by 2029. The meters will connect via a LoRaWAN network from partner Connexin and collect hourly reads (with 15-minute reads between 1–3 a.m.) to improve leakage detection and billing accuracy.

The deal is Itron’s third Cyble 5 contract in the U.K. and is described alongside Itron’s broader work with Severn Trent and Yorkshire Water that involves deploying over one million Itron water meters equipped with Cyble 5 across the regions.

Itron (NASDAQ: ITRI) signed a definitive agreement to acquire Locusview for $525 million, with the deal expected to close in January 2026. The purchase will be funded with cash on hand.

The acquisition adds Locusview’s digital construction management SaaS platform and services to Itron’s Resiliency Solutions, aiming to scale operations and accelerate field-to-boardroom real-time workflows for utilities and critical infrastructure providers.

The companies expect the combination to expand Itron’s software capabilities and support faster grid build-out and operational efficiency.

Itron (NASDAQ: ITRI) reported third quarter 2025 results for the period ended Sept 30, 2025: revenue $582M (down 5% YoY), GAAP net income $66M (down $12M), GAAP diluted EPS $1.41 (down $0.29), non-GAAP diluted EPS $1.54 (down $0.30), adjusted EBITDA $97M (up 10%), and free cash flow $113M (up $55M).

Drivers cited include portfolio optimization and project timing weighing on Device and Networked Solutions, while Outcomes revenue rose ~11% driven by recurring revenue. Gross margin expanded to 37.7% (+360 bps). Total backlog was $4.3B. Itron announced a $325M cash acquisition of Urbint, expected to close in Q4 2025. Q4 revenue guidance: $555–565M; full-year revenue now expected $2.35–2.36B with non-GAAP EPS $6.84–6.94.

Itron (NASDAQ: ITRI) announced on Oct 28, 2025 that its Low Voltage Distributed Energy Resource Management System (LV DERMS) is supporting Project Jupiter in Western Australia to accelerate large‑scale integration of distributed energy resources (DER) into the South West Interconnected System (SWIS).

The Itron solution remotely manages 100 MWh of DER capacity, enables household and community participation in virtual power plants (VPPs), and incorporates an IEEE 2030.5 Common Smart Inverter Profile‑Australia (CSIP‑Aus) utility server from partner Kitu to register, monitor and control DERs and battery energy storage systems.

Itron (NASDAQ: ITRI) released its 2025 Resourcefulness Report showing rapid AI adoption across North American utilities based on a survey of 500 electric utility executives in the U.S. and Canada.

Key metrics: 41% report full AI integration, 40% have mature AI projects, 57% prioritize grid optimization, 53% prioritize safety, and 51% cite demand forecasting as a top-three AI use. The report ties accelerated AI deployment to rising grid pressures from manufacturing, electrification and data centers and highlights AI applications in predictive maintenance, hazard detection and customer engagement.

Itron (NASDAQ: ITRI) will participate in two investor conferences in November 2025: the Baird Global Industrial Conference on Nov. 11, 2025 in Chicago and the Stephens Annual Investment Conference on Nov. 18, 2025 in Nashville.

Joan Hooper, senior vice president and chief financial officer, will join a fireside chat and investor meetings at Baird. John Marcolini, senior vice president for Networked Solutions, will join a fireside chat and investor meetings at Stephens.

Itron (NASDAQ: ITRI) is collaborating with Gordian Technologies to add Gordian’s AI/ML platform to Itron’s Grid Edge Intelligence (GEI) portfolio and make it available via Itron’s Distributed Intelligence (DI) Developer Program.

The integration will enable edge-device inference, parallel model execution, millisecond event classification, and use cases such as electric vehicle connection detection and arc flash detection. Gordian availability through DI is planned later in 2025.