⚡️ Itron $ITRI (-0,41 %)
– an exciting stock for me over the next few years 📈

Today, I’d like to tell you about Itron —a company that’s benefiting from the megatrends of smart grids, the digitization of power grids, and intelligent energy and water infrastructure . 🌍⚡️

🔹 2026e Revenue: approx. $2.37–2.41 billion

🔹 2026e EPS: approx. $6.30–$6.50

🔹 Order Backlog: about $4.4 billion 📦

🔹 Annual Recurring Revenue (ARR): +21% 🚀

🔹 Net income in 2025: approximately $303 million 💰

🔹 Expected P/E ratio: approx. 13x – quite attractive for a company with structural growth 👀

💡 Why is Itron an exciting prospect?

Electricity consumption is rising, grids need to be modernized, and renewable energy sources are making grid management increasingly complex. This is exactly where smart meters, smart grids, and digital solutions come into play.

Itron is thus positioned at an interesting intersection between energy, digitalization, and infrastructure. ⚡️🤖

I find the order backlog of $4.4 billion. This gives the company a certain degree of visibility for the coming years. 📊

⚠️ Of course, there are also risks: Business can fluctuate, individual segments may experience temporary revenue declines, and the stock isn’t a classic “set-and-forget” investment.

👉 For me, therefore, this isn’t a defensive dividend stock, but rather a long-term growth/infrastructure bet.

In any case, I find the story exciting:

Increased electricity consumption + grid expansion + smart meters + digitalization = long-term tailwind for Itron? ⚡️📈

Happy start of the week dear 𝐆𝐞𝐭𝐪𝐮𝐢𝐧 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲. I'm still on vacation, but look forward to bringing you content again soon, which Sören is currently taking over. Last week, the renowned IAM magazine (leader in technology/licensing and patents) published a tech-report about 𝐒𝐦𝐚𝐫𝐭 𝐄𝐧𝐞𝐫𝐠𝐲 written by me, which already made it to the Most Reads list. Here is a small excerpt for you - 𝐋𝐢𝐧𝐤 𝐮𝐧𝐭𝐞𝐫𝐦 𝐓𝐞𝐱𝐭. The article is written in English - here is a short translation.

The demand for electricity and for energy in general has increased rapidly in the last century, and so has the price. Therefore, efficient use of electricity is essential. One solution to meet the rising demand is smart energy technologies, i.e., so-called "smart technologies" that improve efficiency in the areas of energy conversion, generation, storage, transmission and consumption. Innovations in this area typically focus on sustainable and renewable energy sources while reducing costs.

[...]

The success and adoption of smart energy depends on the technology leaders listed in the report developing devices, chips, networks, applications, services, sensors, and connectivity standards to realize the initial use cases of smart energy. As electricity supply and consumption become more expensive, advances in smart energy must be made. These achievements can not only reduce costs, but also lead to a reduction in CO2 emissions and make an important contribution to combating climate change.

𝐋𝐢𝐧𝐤 𝐳𝐮𝐦 𝐀𝐫𝐭𝐢𝐤𝐞𝐥:

https://www.iam-media.com/the-biggest-owners-of-patents-seps-and-standard-contributions-smart-energy-technology

Best regards from France,

your Magnus from @rainbow_stocks