69.3% Below Target

The consensus Wall Street price target for ITRI is $136.8, representing 69.3% upside from the current price of $80.81. With 37 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

ITRI has a consensus rating of "Hold" based on 37 Wall Street analysts. The rating breakdown is mixed, with 17 Hold ratings making up the largest segment. The consensus 12-month price target of $136.8 implies 69.3% upside from current levels.

With a forward P/E of 13.4825x, ITRI trades at a relatively low valuation. The consensus target of $136.8 implies 69.3% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $155 for ITRI, while the most conservative target is $128. The consensus of $136.8 represents the median expectation. Our quantitative valuation model projects a bull case target of $78 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

ITRI is heavily covered by Wall Street, with 37 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 17 recommend Hold, and 5 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month ITRI stock forecast based on 37 Wall Street analysts shows a consensus price target of $136.8, with estimates ranging from $128 (bear case) to $155 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $59, with bear/bull scenarios of $37/$78.

Our quantitative valuation model calculates ITRI's fair value at $59 (base case), with a bear case of $37 and bull case of $78. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 54/100.

ITRI trades at a forward P/E ratio of 13.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 12.4x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on ITRI, with a "Hold" consensus rating and $136.8 price target (69.3% upside). 15 of 37 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

ITRI analyst price targets range from $128 to $155, a 20% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $136.8 consensus represents the middle ground. Our model's $37-$78 range provides an independent fundamental perspective.