Investors in Itron, Inc. (NASDAQ:ITRI) had a good week, as its shares rose 9.4% to close at US$107 following the release of its full-year results. The result was positive overall - although revenues of US$2.4b were in line with what the analysts predicted, Itron surprised by delivering a statutory profit of US$5.18 per share, modestly greater than expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

See our latest analysis for Itron

Taking into account the latest results, Itron's eleven analysts currently expect revenues in 2025 to be US$2.47b, approximately in line with the last 12 months. Statutory earnings per share are expected to decrease 5.0% to US$5.03 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$2.45b and earnings per share (EPS) of US$4.55 in 2025. Although the revenue estimates have not really changed, we can see there's been a nice increase in earnings per share expectations, suggesting that the analysts have become more bullish after the latest result.

There's been no major changes to the consensus price target of US$129, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Itron at US$145 per share, while the most bearish prices it at US$118. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Itron is an easy business to forecast or the the analysts are all using similar assumptions.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Itron's past performance and to peers in the same industry. It's also worth noting that the years of declining revenue look to have come to an end, with the forecast stauing flat to the end of 2025. Historically, Itron's top line has shrunk approximately 0.8% annually over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 7.3% per year. So it's pretty clear that, although revenues are improving, Itron is still expected to grow slower than the industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Itron following these results. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Itron's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Itron going out to 2027, and you can see them free on our platform here..

However, before you get too enthused, we've discovered 1 warning sign for Itron that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.