Ituran Location & Control (NASDAQ: ITRN) Sees Positive Price Target from Loop Capital Markets

Font: Financial Modeling Prep  • Mar 09, 2026

• Sergey Glinyanov from Loop Capital Markets sets a price target of $57 for ITRN, indicating a potential increase of 17.04%.
• Ituran reported record financial results in 2025, with a 13% increase in Q4 revenue and an annualized EBITDA run rate of over $100 million.
• The company's strong cash generation and operational efficiency support the optimistic outlook and plans for enhanced shareholder returns.

Ituran Location & Control (NASDAQ: ITRN) specializes in providing location-based services, primarily for vehicle tracking and recovery. On March 9, 2026, Sergey Glinyanov from Loop Capital Markets set a price target of $57 for ITRN, suggesting a potential increase of 17.04% from its current price of $48.70. This optimistic outlook is supported by the company's strong financial performance.

In 2025, Ituran reported record financial results, marking it as the company's best year ever, according to CEO Eyal Sheratzky. The fourth quarter saw a 13% increase in revenue, reaching $93.5 million, with subscriber revenue growing by 15% to $71.1 million. This growth in revenue is a positive indicator for investors, aligning with the price target set by Loop Capital Markets.

The company's EBITDA for the fourth quarter exceeded $25 million, contributing to an annualized EBITDA run rate of over $100 million for the first time. This strong EBITDA performance highlights the company's operational efficiency and profitability, which are key factors in the positive price target set by Sergey Glinyanov.

Ituran's financial strength is further demonstrated by the $29.4 million in cash generated during the fourth quarter, the highest in its history. This cash generation supports the company's plans to enhance shareholder returns through a special dividend and an expanded share repurchase authorization, as noted by CFO Eli Kamer.

Despite a slight decrease in the stock price to $48.77, reflecting a 1.53% drop, the company's market capitalization remains robust at approximately $970.2 million. With a trading volume of about 75,759 shares, Ituran continues to attract investor interest. The company's ongoing growth in its subscriber base and strengthening relationships with OEMs further bolster its long-term prospects.