Iteris, Inc. (ITI) Stock Analysis
DELISTED 2024
What happened to Iteris, Inc. (ITI) stock?
Iteris, Inc. (ITI) no longer trades on public markets. It was delisted in October 2024. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Iteris, Inc. (ITI) trades at $7.19. Iteris, Inc. provides intelligent transportation systems and solutions. The company's offerings include software, hardware, and services aimed at improving traffic flow, safety, and sustainability across various transportation networks. Market cap: $309M, Sector: Technology.
Last analyzed: May 10, 2026Analyst Coverage for ITI: ITI does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ITI against Technology peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
ITI: 2/2 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →Iteris, Inc. (ITI) Technology Profile & Competitive Position
Iteris, Inc. delivers intelligent transportation systems and solutions, offering software, hardware, and services to optimize traffic management. With a focus on enhancing safety and efficiency, Iteris serves public and commercial sectors across North America, Europe, South America, and Asia, positioning itself in the growing smart mobility infrastructure market.
What Is the Investment Thesis for ITI?
Iteris, Inc. presents a compelling investment case driven by the increasing demand for intelligent transportation systems. The company's comprehensive suite of solutions, including software, hardware, and services, addresses critical needs in traffic management, safety, and sustainability. With a market capitalization of $309M and a P/E ratio of 98.4, Iteris shows growth potential, supported by a gross margin of 37.6%. The company's expansion into new geographic markets and continued innovation in its ClearMobility platform are key growth catalysts. However, investors should be aware of potential risks, including competition and the cyclical nature of government spending on infrastructure projects. Iteris's beta of 0.86 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
ITI Key Highlights
Market Cap of $309M indicates a mid-sized player in the intelligent transportation systems market.
- P/E Ratio of 98.4 suggests investors anticipate future earnings growth.
- Profit Margin of 1.8% indicates room for improvement in operational efficiency.
- Gross Margin of 37.6% reflects the value-added nature of Iteris's technology solutions.
- Beta of 0.86 suggests the stock is less volatile than the overall market.
Who Are ITI's Competitors?
ITI is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MSI Motorola Solutions, Inc. | $480.84 | +2.42% | $79.8B | 67 |
| INTC Intel Corporation | $92.13 | -0.72% | $465B | 47 |
| BKTI BK Technologies Corporation | $78.16 | +0.64% | $293M | 86 |
| PAOTF Parrot S.A. | $11.25 | +0.00% | $348M | 64 |
| AVNW Aviat Networks, Inc. | $20.82 | +0.60% | $269M | 54 |
| SATX Satixfy Communications Ltd. | $2.96 | +1.02% | $256M | 62 |
| CLFD Clearfield, Inc. | $27.54 | -1.25% | $374M | 61 |
| AUDC AudioCodes Ltd. | $9.51 | -1.81% | $242M | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ITI's Key Strengths?
Comprehensive suite of ITS solutions.
- Established presence in North America, Europe, South America, and Asia.
- Strong relationships with public transportation agencies.
- Proprietary ClearMobility platform.
What Are ITI's Weaknesses?
Relatively small market capitalization compared to larger competitors.
- Profit margin of 1.8% indicates room for improvement.
- Dependence on government funding and infrastructure projects.
- Limited brand recognition among consumers.
What Could Drive ITI Stock Higher?
Increasing adoption of the ClearMobility platform by transportation agencies.
- Potential new government funding for intelligent transportation systems projects.
- Expansion into new geographic markets, particularly in Asia and South America.
- Launch of new products and services that address emerging transportation needs.
- Strategic partnerships and acquisitions that expand the company's capabilities and market reach.
What Are the Key Risks for ITI?
Rich valuation — a P/E of 98.4 runs well above the Technology sector’s ~34x, leaving little room for a miss.
- Competition from larger, more established companies.
- Cyclical nature of government spending on infrastructure.
- Technological obsolescence.
- Economic downturns that could reduce demand for transportation solutions.
- Delays in government approvals and funding for transportation projects.
What Are the Growth Opportunities for ITI?
- Expansion of the ClearMobility Platform: Iteris's ClearMobility platform offers a significant growth opportunity by providing a unified solution for managing and optimizing transportation networks. The platform's ability to integrate data from various sources, including sensors, cameras, and other ITS devices, allows for real-time traffic monitoring and adaptive traffic control. As cities and transportation agencies increasingly adopt data-driven approaches to traffic management, the demand for comprehensive platforms like ClearMobility is expected to grow. The market for transportation management platforms is projected to reach $15 billion by 2030, presenting a substantial opportunity for Iteris to capture a larger market share.
- Geographic Expansion into Emerging Markets: Iteris has the opportunity to expand its presence in emerging markets, particularly in Asia and South America, where urbanization and infrastructure development are driving demand for intelligent transportation systems. By leveraging its existing technology and expertise, Iteris can tailor its solutions to meet the specific needs of these markets. The market for ITS in Asia-Pacific is expected to grow at a CAGR of 12% over the next five years, offering a significant growth avenue for Iteris.
- Strategic Partnerships and Acquisitions: Iteris can pursue strategic partnerships and acquisitions to expand its product portfolio and market reach. By partnering with complementary technology providers, Iteris can offer more comprehensive solutions and enhance its competitive position. Acquisitions can also provide access to new technologies and markets, accelerating the company's growth. The market for ITS-related acquisitions is active, with numerous opportunities to acquire innovative companies and technologies.
- Leveraging Government Funding and Initiatives: Government funding and initiatives, such as the Infrastructure Investment and Jobs Act in the United States, provide a significant growth opportunity for Iteris. These initiatives allocate substantial funding to transportation infrastructure projects, including the deployment of intelligent transportation systems. By actively pursuing government contracts and participating in these initiatives, Iteris can secure significant revenue streams and expand its market presence. The total funding allocated to ITS projects under the Infrastructure Investment and Jobs Act is estimated to be over $10 billion.
- Focus on Sustainable Transportation Solutions: With increasing concerns about climate change and the environmental impact of transportation, there is a growing demand for sustainable transportation solutions. Iteris can capitalize on this trend by developing and promoting solutions that reduce traffic congestion, improve fuel efficiency, and promote the use of alternative transportation modes. The market for sustainable transportation solutions is expected to grow rapidly, driven by government regulations and consumer preferences. Iteris's SmartCycle and SmartSpan products, which promote cycling and pedestrian safety, align with this trend and offer a competitive advantage.
What Are ITI's Competitive Advantages?
- Proprietary Technology: Patented software and hardware solutions for intelligent transportation systems.
- Established Customer Relationships: Long-standing relationships with public transportation agencies and municipalities.
- Comprehensive Product Portfolio: A wide range of software, hardware, and services that address various transportation needs.
- Data Analytics Capabilities: Ability to collect, analyze, and interpret traffic data to improve transportation outcomes.
What Does ITI Do?
Founded in 1969 and headquartered in Austin, Texas, Iteris, Inc. has evolved into a leading provider of intelligent transportation systems (ITS) technology solutions. The company operates across North America, Europe, South America, and Asia, offering a comprehensive suite of smart mobility infrastructure solutions. Iteris's offerings include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, and transportation-related data sets. The company also provides advanced sensing devices, managed services, traffic engineering services, and mobility consulting services. Iteris's product portfolio includes well-known solutions such as ClearGuide, ClearRoute, Commercial Vehicle Operations, BlueArgus, and TrafficCarma. Additionally, the company offers a range of Vantage products, including Vantage Apex, Vantage Fusion, Vantage Next, VantagePegasus, VantageRadius, and Vantage Vector, as well as Velocity, SmartCycle, SmartCycle Bike Indicator, SmartSpan, VersiCam, PedTrax, and P-Series products. Beyond software and hardware, Iteris sells original equipment manufacturer (OEM) products for traffic intersection markets, including traffic signal controllers and traffic signal equipment cabinets. The company provides traffic management centers design, staffing, and operations services, along with traffic engineering and mobility consulting services. These services encompass the planning, design, development, and implementation of software and hardware-based ITS systems that integrate sensors, video surveillance, computers, and advanced communications equipment. Iteris distributes real-time traffic condition information and offers surface transportation infrastructure systems implementation, operation, and management services. Further, Iteris provides travel demand forecasting and systems engineering, identifying mitigation measures to reduce traffic congestion. The ClearMobility platform and ClearMobility Cloud enable mobility data management, application programming interface frameworks, and microservices ecosystems. Iteris serves a diverse clientele, including public transportation agencies, municipalities, commercial entities, government agencies, and other transportation infrastructure providers, solidifying its position as a key player in the intelligent transportation sector.
What Products and Services Does ITI Offer?
- Provides traveler information systems to keep drivers informed about traffic conditions.
- Offers transportation performance measurement software to assess and improve traffic flow.
- Develops traffic analytics software to analyze traffic patterns and identify areas for improvement.
- Creates transportation operations software to manage and control traffic signals and other ITS devices.
- Sells advanced sensing devices to collect real-time traffic data.
- Provides traffic engineering services to design and implement ITS solutions.
- Offers mobility consulting services to help transportation agencies plan and implement smart mobility strategies.
- Distributes real-time information about traffic conditions to the public.
How Does ITI Make Money?
- Software-as-a-Service (SaaS): Recurring revenue from software subscriptions for traffic management and analytics.
- Hardware Sales: Revenue from the sale of advanced sensing devices, traffic signal controllers, and other ITS equipment.
- Managed Services: Revenue from providing traffic management center design, staffing, and operations services.
- Consulting Services: Revenue from traffic engineering and mobility consulting services.
What Industry Does ITI Operate In?
Iteris, Inc. operates within the communication equipment industry, which is a sub-segment of the broader technology sector. The market for intelligent transportation systems is growing, driven by increasing urbanization, traffic congestion, and the need for safer and more efficient transportation networks. Government initiatives and investments in smart city projects are also fueling market growth. Iteris competes with other providers of ITS solutions, focusing on differentiation through its comprehensive product portfolio and ClearMobility platform. The industry is characterized by technological innovation and the integration of data analytics, AI, and IoT technologies to optimize traffic flow and enhance transportation infrastructure.
Who Are ITI's Key Customers?
- Public Transportation Agencies: State and local transportation departments responsible for managing traffic flow and safety.
- Municipalities: Cities and towns seeking to improve transportation infrastructure and reduce congestion.
- Commercial Entities: Private companies that operate transportation networks, such as trucking companies and logistics providers.
- Government Agencies: Federal agencies involved in transportation planning and funding.
Company Profile
Iteris, Inc. operates in the Communication Equipment industry within the Technology sector. It is headquartered in Austin, US. The company is led by CEO J. Joseph Bergera. ITI has traded publicly since 1994.
Financial Health
Iteris, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 3.70 places it in the safe zone, indicating low near-term bankruptcy risk.
Key Financial Metrics
Return on equity for Iteris, Inc. stands at 4.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.5%, showing how much profit it generates from its asset base. ITI trades at a trailing price-to-earnings ratio of 98.44, above the Technology sector average of ~34x. Its free cash flow yield is 2.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.75 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 1.0%, the inverse of the P/E and a quick read on earnings relative to price.
ITI Valuation & Market Position
With a $309M market cap, Iteris, Inc. sits in the small-cap segment of the market.
Forward Outlook
Wall Street analysts project Iteris, Inc. revenue of about $214.8M for fiscal 2026, with EPS near $0.33.
ITI Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Iteris's future prospects, signaling potential growth.
- Positive community sentiment indicates belief in Iteris's strategic direction and market positioning.
- Market perception views Iteris favorably due to its role in intelligent transportation systems, a growing sector.
- Bullish community members highlight Iteris's innovative solutions and potential for increased adoption.
Bear Case
- Limited insider activity beyond buying might indicate mixed sentiment among company leaders.
- Negative community feedback points to concerns about Iteris's execution and competitive landscape.
- Market perception acknowledges Iteris's challenges in scaling operations and achieving profitability.
- Bearish community members express worries about Iteris's ability to maintain its market share against larger competitors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
ITI Latest News
No recent news available for ITI.
Leadership: J. Joseph Bergera
President and Chief Executive Officer
J. Joseph Bergera serves as the President and Chief Executive Officer of Iteris, Inc. He brings extensive experience in the technology and transportation sectors. Prior to joining Iteris, Bergera held leadership positions at various technology companies, where he focused on driving growth and innovation. His background includes expertise in software development, data analytics, and cloud computing. Bergera's experience in managing and scaling technology businesses makes him well-suited to lead Iteris in its next phase of growth.
Track Record: Since joining Iteris, Bergera has focused on expanding the company's ClearMobility platform and driving growth in key markets. He has overseen the development of new products and services, as well as the expansion of the company's sales and marketing efforts. Under his leadership, Iteris has secured several significant contracts with public transportation agencies and municipalities. Bergera has also focused on improving the company's operational efficiency and profitability.
ITI Technology Stock FAQ
What happened to Iteris, Inc. (ITI) stock?
Iteris, Inc. (ITI) no longer trades on public markets. It was delisted in October 2024. The figures below are historical and are not a current quote.
Can I still buy ITI shares?
No. ITI stopped trading on public markets in October 2024, so the shares are not available through a broker. Anything you see quoted for ITI elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before ITI stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Iteris, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Iteris, Inc. do?
Iteris, Inc. provides intelligent transportation systems (ITS) technology solutions. The company offers a comprehensive suite of software, hardware, and services designed to improve traffic flow, safety, and sustainability. Iteris's solutions include traveler information systems, traffic analytics software, advanced sensing devices, and mobility consulting services. The company serves public transportation agencies, municipalities, commercial entities, and government agencies across North America, Europe, South America, and Asia.
What do analysts say about ITI stock?
Analyst coverage of Iteris, Inc. (ITI) focuses on the company's growth potential within the intelligent transportation systems market. Key valuation metrics include the company's P/E ratio and market capitalization. Analysts consider Iteris's expansion into new markets, the adoption of its ClearMobility platform, and government funding for infrastructure projects as key growth drivers. Investors should conduct their own due diligence and consider their own risk tolerance before making any investment decisions.
What are the main risks for ITI?
The main risks for Iteris, Inc. include competition from larger, more established companies, the cyclical nature of government spending on infrastructure, technological obsolescence, and economic downturns. The company's reliance on government funding makes it vulnerable to changes in government priorities and budget constraints. Additionally, the rapid pace of technological innovation in the ITS market requires Iteris to continuously invest in research and development to maintain its competitive edge.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2026-05-10.
- Financial data is based on the most recent filings and may not be up-to-date.
- Analyst opinions may vary and should not be considered investment advice.