How Investors Are Reacting To Itron (ITRI) Expanding Smart City Solutions With Current Lighting Partnership

• In September 2025, Itron announced a joint marketing agreement with Current Lighting Solutions to deliver a combined smart lighting solution integrating Itron's CityEdge portfolio and Current's advanced LED luminaires for cities and utilities.
• This collaboration aims to enhance municipal lighting by optimizing energy efficiency, safety, and operational benefits while reducing light pollution and supporting integration with broader smart city applications.
• We'll explore how Itron's smart lighting collaboration supports its move toward recurring revenue and expanded smart city solutions.

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Itron Investment Narrative Recap

For investors considering Itron, the core thesis centers on growing global demand for smart grid and smart city infrastructure, where Itron’s shift to higher-margin software and recurring revenue streams could drive future earnings growth. The recent joint marketing agreement with Current Lighting Solutions signals progress in expanding smart city offerings, but does not appear to materially address the most immediate risk: ongoing delays in large project deployments due to macroeconomic and regulatory uncertainty.

Of the recent company announcements, the collaboration with Current Lighting Solutions stands out. This partnership advances Itron's CityEdge platform toward integrated smart city applications, reinforcing a key near-term catalyst: greater adoption of software-enabled, recurring revenue solutions that could offset project timing volatility.

On the other hand, investors should be mindful of the risk that extended regulatory or utility-driven delays could…

Read the full narrative on Itron (it's free!)

Itron's narrative projects $2.8 billion in revenue and $388.8 million in earnings by 2028. This requires 5.2% yearly revenue growth and an earnings increase of $118.9 million from the current earnings of $269.9 million.

Uncover how Itron's forecasts yield a $144.40 fair value, a 15% upside to its current price.

Exploring Other Perspectives

Five Simply Wall St Community members estimate Itron’s fair value between US$101 and US$176 per share. Their wide views mirror concerns around project approval cycles, inviting you to consider several contrasting opinions on Itron’s future performance.

Explore 5 other fair value estimates on Itron - why the stock might be worth as much as 40% more than the current price!

Build Your Own Itron Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Itron research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.
• Our free Itron research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Itron's overall financial health at a glance.

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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.

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