Is Itron (ITRI) Cheap Following Its Cloud AI Launch?
Itron (ITRI) launched Itron Enterprise Edition Cloud AI, a meter data platform integrated with its Intelligent Edge Operating System. The stock has seen recent declines, with a 1-month return of -8.12% and a 7-day return of -3.32%, despite strong long-term performance. Analysts suggest the stock may be undervalued, with a fair value estimate of $126.70 compared to a recent close of $90.44.
