Oppenheimer Boosts Itron, Inc. (ITRI) Guidance Following Better-Than-Expected FY2026 Outlook

Itron, Inc. (NASDAQ:ITRI) is among the 20 Best Investments successful 2026.

Itron, Inc. (NASDAQ:ITRI) is 1 of the best investments connected our list.

TheFly reported connected February 18 that Oppenheimer raised its terms people for ITRI to $133 from $125 and maintained an Outperform rating. The upgrade followed the company’s beardown fourth-quarter results, which exceeded some gross and net expectations. ITRI besides provided guidance for FY2026 that was amended than anticipated, on with respective indicators suggesting a imaginable uptick successful aboriginal demand.

The company’s 4th fourth and afloat twelvemonth 2025 results were posted a time earlier on February 17. According to the report, full gross for Q4 declined 7% year-over-year to $572 cardinal owed to portfolio optimization and the timing of task deployments. For the afloat year, gross fell 3% to $2.4 billion.

The institution generated a notable nett bushed with non-GAAP diluted EPS of $2.46 for the quarter, up from $1.35 successful the anterior twelvemonth and surpassing the $2.19 adept average. GAAP nett income roseate from $58 cardinal to $102 million, oregon $2.21 per diluted share, via higher operating income and a taxation benefit. Free currency travel roseate 59% to $112 cardinal for the quarter.

Due to a bully premix of products and customers, the GAAP gross borderline accrued by 560 ground points to 40.5%. Operational ratio was demonstrated by the 21% maturation successful adjusted EBITDA to $99 million. These results were mainly bolstered by maturation successful Outcomes gross and strategical acquisitions.

Itron, Inc. (NASDAQ:ITRI) provides exertion solutions for vigor and h2o assets management, including astute meters, information analytics, and connected devices, helping utilities amended efficiency, reliability, and sustainability.

While we admit the imaginable of ITRI arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 12 Unstoppable Dividend Stocks to Buy According to Analysts and Dividend Champions, Contenders and Challengers list: 15 Highest Yielding Stocks.

Disclosure: None. Follow Insider Monkey connected Google News.