Itron Acquires Utility Software Firm Locusview for $525 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 17 2025
0mins
Should l Buy ITRI?
Source: SeekingAlpha
Acquisition Announcement: Itron has agreed to acquire Locusview Ltd. for $525 million in cash, enhancing its capabilities in utility-focused software and services.
Locusview's Offerings: Locusview provides a Digital Construction Management platform that automates high-precision data capture for infrastructure operators, improving project management and productivity.
Strategic Importance: Itron's CEO emphasized the acquisition's potential to boost grid buildout and operational efficiency, positioning the combined companies for future growth.
Financial Context: The acquisition comes as Itron seeks to improve its sales growth and cash flow, following a period of flat sales and a focus on margin delivery.
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Analyst Views on ITRI
Wall Street analysts forecast ITRI stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 95.740
Low
125.00
Averages
134.50
High
145.00
Current: 95.740
Low
125.00
Averages
134.50
High
145.00
About ITRI
Itron, Inc. provides energy, water, smart city, Industrial Internet of Things (IIoT) and intelligent infrastructure services. The Company's Device Solutions segment primarily includes hardware products used for measurement, control, or sensing that can have communications capability embedded for use with its broader Itron systems, which is hardware-based products. Its Networked Solutions segment primarily includes a combination of communicating devices (smart meters, modules, endpoints, and sensors), network infrastructure, network design services, and associated head-end management and application software designed and sold as a complete solution for acquiring and transporting application-specific data. Its Outcomes segment includes its value-added, enhanced software and services, in which it enables grid edge intelligence and manage, organize, analyze, and interpret raw, anonymized data using artificial intelligence, machine learning, statistical modeling, and other analytics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectiaās earnings and market brief reports.
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- Stock Market Correction Prediction: Historical data indicates that stock markets typically experience a correction of at least 10% every 1-2 years, and given the last correction in early 2025, another could be expected in the second half of 2026, prompting investor caution.
- Electricity Bottleneck Issue: The demand for electricity from AI infrastructure is growing faster than supply, leading to rising electricity prices, with the Trump administration intervening to ensure Microsoft does not pass these costs onto consumers, which could impact the AI sector's growth.
- Investment Opportunities: Amid the electricity bottleneck, companies like Itron and Tesla may benefit from optimizing existing grid capabilities to meet increasing demand, presenting potential investment opportunities in the energy sector.
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- Correction Prediction: A stock market correction of at least 10% is anticipated in 2026, as historical data suggests such corrections occur every one to two years, prompting investors to prepare for potential volatility.
- Power Bottleneck Opportunities: The rapid increase in electricity demand from AI infrastructure is leading to rising power prices, creating opportunities for companies like Itron that deploy smart meters to help utilities optimize existing resources amid this bottleneck.
- Optimistic Market Outlook: Despite the expected correction, the overall market is projected to rise in 2026, driven by strong infrastructure spending, lower inflation, and mortgage rates, encouraging investors to maintain a positive outlook.
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- Power Bottleneck Opportunities: The surge in electricity demand from AI infrastructure is creating a power bottleneck, leading to rising electricity prices, with companies like Itron and Tesla likely to benefit from solutions that optimize existing resources.
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