Learn Why The Bull Case For Ituran Stock Could Change Following Ministry SaaS Contract
Ituran Location and Control reported Q2 2026 revenue of $104.8M, with 2.711M subscribers. The company secured a multi-year SaaS contract with the Israeli Ministry of Transport worth over NIS 21M for a nationwide traffic monitoring platform. Analysts forecast revenue of $486.9M and earnings of $95.7M by 2029, assuming 9.1% yearly revenue growth. The contract highlights the company's shift towards SaaS and analytics, impacting its investment narrative.




