Itron: Despite A Cheap Relative Valuation, Shares Don't Justify An Upgrade Now

Daniel JonesInvesting Group LeaderFollow5ShareSavePlay(12min)CommentsSummaryItron, Inc. delivered strong Q4 2025 profitability despite a 6.7% revenue decline, with EPS and adjusted net income beating analyst expectations.Gross profit margin expanded to 37.7% in 2025, driven by favorable product mix and manufacturing efficiencies, offsetting top-line weakness.Recent acquisitions (Urbint, Locusview) signal growth ambitions, but 2026 guidance calls for flat revenue and lower adjusted net profits amid higher interest expense.ITRI remains attractively valued relative to peers, yet ongoing uncertainty and tepid near-term growth prospects support a continued 'hold' rating.Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » Ivelin Denev/iStock via Getty Images February 17th was a really great day for shareholders of Itron, Inc. (ITRI). After management announced financial results for the final quarter of the company's 2025 fiscal year, shares jumped, closing up 7.9%. Unfortunately, revenue didThis article was written byDaniel Jones36.57K FollowersFollowDaniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.