Itron collaborates with Gordian Technologies to enhance grid edge solutions using AI and machine learning, improving utility operations and service.
Quiver AI Summary
Itron, Inc. is partnering with Gordian Technologies to incorporate artificial intelligence (AI) and machine learning (ML) into its Grid Edge Intelligence (GEI) portfolio, enhancing the way utilities and cities manage energy and water. This collaboration allows developers to access Gordian's AI and ML technology through Itron's Distributed Intelligence (DI) Developer Program, empowering utilities to improve grid resilience, operational efficiency, and customer service. The integration of Gordian’s platform will facilitate real-time data analysis and improve anomaly detection capabilities, enabling utilities to address various operational challenges. Both companies express excitement about the potential innovations that could arise from this partnership, with Itron aiming to unlock new levels of intelligence for better grid management.
Potential Positives
- Itron is enhancing its Grid Edge Intelligence (GEI) portfolio by integrating AI and machine learning technology from Gordian Technologies, positioning itself at the forefront of innovation in utility management.
- The collaboration allows Itron’s developer community to access advanced AI/ML tools through the DI Developer Program, facilitating the creation of innovative applications for utilities.
- Implementation of Gordian's technology aims to improve grid resilience and operational efficiency while potentially lowering operational costs for utility customers.
- This partnership is expected to unlock real-time insights and enable faster response times to operational challenges, enhancing the overall value proposition of Itron’s offerings to utilities.
Potential Negatives
- Potential over-reliance on Gordian Technologies could create vulnerabilities if it fails to deliver promised AI and ML capabilities.
- Forward-looking statements regarding the benefits of the collaboration could lead to disappointment among stakeholders if expectations are not met.
- Limited details on the timeline and scope of the technology's deployment may indicate uncertainty in execution or feasibility.
FAQ
What is Itron's partnership with Gordian Technologies about?
Itron is partnering with Gordian to integrate AI and machine learning into its Grid Edge Intelligence portfolio for enhanced grid management.
How will AI and ML improve utility services?
The integration allows utilities to enhance operational efficiency, improve grid resilience, and deliver affordable energy through real-time data insights.
When will Gordian's technology be available?
Gordian's platform is set to be available later this year through Itron's Distributed Intelligence Developer Program.
What specific use cases will benefit from this technology?
Use cases include electric vehicle connection detection and arc flash detection, helping utilities address operational challenges more effectively.
How does Itron's DI Developer Program support innovation?
The DI Developer Program enables developers to create specialized applications, enhancing the overall value of utilities' distributed intelligence investments.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ITRI Insider Trading Activity
$ITRI insiders have traded $ITRI stock on the open market 25 times in the past 6 months. Of those trades, 0 have been purchases and 25 have been sales.
Here’s a breakdown of recent trading of $ITRI stock by insiders over the last 6 months:
- THOMAS DEITRICH (President & CEO) has made 0 purchases and 4 sales selling 38,976 shares for an estimated $4,667,679.
- JOHN F. MARCOLINI (SVP, Networked Solutions) has made 0 purchases and 4 sales selling 11,798 shares for an estimated $1,400,176.
- JUSTIN K PATRICK (SVP, Device Solutions) has made 0 purchases and 3 sales selling 9,799 shares for an estimated $1,192,037.
- MARY C. HEMMINGSEN sold 5,150 shares for an estimated $559,820
- JOAN S HOOPER (SVP & CFO) has made 0 purchases and 2 sales selling 1,908 shares for an estimated $229,366.
- DONALD L. III REEVES (SVP, Outcomes) has made 0 purchases and 2 sales selling 1,076 shares for an estimated $129,348.
- CHRISTOPHER E. WARE (SVP, GC & Corp. Secretary) has made 0 purchases and 3 sales selling 1,106 shares for an estimated $128,679.
- LAURIE ANN PULATIE-HAHN (SVP, HR) has made 0 purchases and 4 sales selling 371 shares for an estimated $44,159.
- DAVID MARSHALL WRIGHT (VP, Corp. Controller & CAO) has made 0 purchases and 2 sales selling 208 shares for an estimated $25,006.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ITRI Hedge Fund Activity
We have seen 232 institutional investors add shares of $ITRI stock to their portfolio, and 205 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- IMPAX ASSET MANAGEMENT GROUP PLC added 698,910 shares (+inf%) to their portfolio in Q2 2025, for an estimated $91,997,523
- MILLENNIUM MANAGEMENT LLC removed 394,266 shares (-55.5%) from their portfolio in Q2 2025, for an estimated $51,897,233
- BALYASNY ASSET MANAGEMENT L.P. removed 370,204 shares (-87.9%) from their portfolio in Q2 2025, for an estimated $48,729,952
- SOROS FUND MANAGEMENT LLC removed 296,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $38,962,480
- BLACKROCK, INC. removed 293,119 shares (-4.1%) from their portfolio in Q2 2025, for an estimated $38,583,253
- MEREWETHER INVESTMENT MANAGEMENT, LP added 282,587 shares (+1552.7%) to their portfolio in Q2 2025, for an estimated $37,196,926
- AMERICAN CENTURY COMPANIES INC added 267,847 shares (+inf%) to their portfolio in Q2 2025, for an estimated $35,256,700
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ITRI Analyst Ratings
Wall Street analysts have issued reports on $ITRI in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 10/16/2025
- Roth Capital issued a "Buy" rating on 07/22/2025
To track analyst ratings and price targets for $ITRI, check out Quiver Quantitative's $ITRI forecast page.
$ITRI Price Targets
Multiple analysts have issued price targets for $ITRI recently. We have seen 5 analysts offer price targets for $ITRI in the last 6 months, with a median target of $150.0.
Here are some recent targets:
- Mark Strouse from JP Morgan set a target price of $155.0 on 10/16/2025
- Tommy Moll from Stephens & Co. set a target price of $130.0 on 10/07/2025
- Chip Moore from Roth Capital set a target price of $150.0 on 07/22/2025
- Joseph Osha from Guggenheim set a target price of $155.0 on 07/14/2025
- Kashy Harrison from Piper Sandler set a target price of $121.0 on 05/05/2025
Full Release
LIBERTY LAKE, Wash., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is working with Gordian Technologies (Gordian) to bring artificial intelligence (AI) and machine learning (ML) to the grid edge. Itron is enhancing its Grid Edge Intelligence (GEI) portfolio with Gordian’s AI and ML technology and enabling its developer community to access that technology through Itron’s Distributed Intelligence (DI) Developer Program. This enhancement to Itron’s GEI portfolio further enables utilities to improve grid resilience, disaster management and prevention, operational efficiency and to deliver affordable energy to customers.
Itron’s GEI portfolio features an end-to-end suite of solutions that unlock the power of data within a utility’s service territory. Gordian’s optimized software delivers ML and AI capabilities at the edge-device level and supports running inference on multiple models in parallel to maximize the benefits that can be realized. Together, the Gordian and Itron platforms can detect, analyze and classify millions of data events within milliseconds. For the utility, this unlocks even greater value from their smart infrastructure investments, lowering operational costs and improving their service.
The Gordian platform will be available later this year through Itron’s DI Developer program, allowing app developers to access this high-powered tool to deliver added value solutions for utility customers and to further enhance Itron’s GEI portfolio. Within the DI Developer platform, utilities can leverage the Gordian technology to address a wide range of use cases, such as electric vehicle connection detection and arc flash detection, that help solve operational challenges and better serve their customers. Itron first plans to apply Gordian’s technology to enhance its own anomaly detection and classification solution, using ML algorithms to classify anomalies for field investigation.
“Our vision with Gordian is to apply AI and ML across the grid edge to unlock new levels of intelligence and responsiveness for utilities. This is a powerful capability that will deliver a set of advantages which include: faster response times, lower operational costs, decentralized automation and the ability to make decisions based on real-time, site-specific data,” said Don Reeves, senior vice president of Outcomes at Itron . “Enhancing Itron’s GEI portfolio with Gordian’s AI and ML technology enables a more adaptive approach to modern grid management and we are excited about our collaboration.”
“Working together with Itron allows us to bring the power of AI and machine learning directly to the grid edge. There is a substantial set of use-cases that can leverage our technology platform and we look forward to the innovative solutions that developers create,” said Shekar Mantha, Gordian’s Co-Founder and Chief Technology Officer . “By integrating our platform with Itron’s Grid Edge Intelligence portfolio, we’re enabling utilities to unlock real-time insights, improve grid reliability and respond faster to emerging challenges.”
Itron’s DI Developer Program allows developers to create and deploy purpose-built applications to address utility challenges and implement innovative solutions that enhance the overall value of their distributed intelligence investment. Gordian is a key contributor to the Itron program, and with its AI and ML platform, Gordian enhances the developer community’s ability to deliver high-performance applications.
About Gordian
Gordian Technologies is an edge AI software company. Gordian provides edge-AI inference platforms that are highly efficient in terms of memory and CPU/GPU usage, which allows them to run complex neural networks on resource-constrained devices (such as electric power meters). Gordian also provides end-to-end machine learning platforms that are used to train extremely high resolution, high information-density models.
About Itron
Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com .
Itron ® and the Itron Logo and registered trademarks of Itron, Inc in the United States and other countries and regions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
For additional information, contact:
Itron, Inc.
Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
[email protected]
Paul Vincent
Vice President, Investor Relations
512-560-1172
[email protected]
Gordian Technologies
Peter Baird
Chief Executive Officer
646-385-3971
[email protected]
Itron, Inc.
- LinkedIn: www.linkedin.com/company/itroninc
- X: www.x.com/itroninc
- Newsroom: https://itron.com/newsroom
- Blog: https://itron.com/blog
Gordian Technologies
- LinkedIn: www.linkedin.com/company/gordian-technologies-ml/
- Website: www.gordian.ml
This press release contains forward-looking statements regarding Itron’s collaboration with Gordian Technologies and anticipated benefits of integrating AI and ML into grid edge solutions. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Itron undertakes no obligation to update these statements.