ITG, Inc. (ITG) AI Stock Analysis

NASDAQ: ITGAI research summary: business, growth, valuation, analysts, bull and bear case.

ITG AI stock analysis summary

AI Research

ITG, Inc. (ITG) provides end-to-end digital and utility infrastructure services, including broadband network planning, construction, and maintenance. TTM revenue reached $1.38B with a 38.4% quarterly top-line increase, but TTM net margin stood at -1.3%. The company holds $872.8M in net debt as of June 30, 2026, alongside an EV/EBITDA multiple of 11.2x.

Market cap
$716.9M
Revenue (TTM)
$1.38B
P/E
—
1Y return
—
S&P 500 16.8%
Avg. target
$16.67
187.9% vs last close

Bull case

  • Revenue increased 38.4% year-over-year in the latest quarter ended June 30, 2026, reaching $1.38B over the trailing twelve months.
  • Analysts project FY2027 revenue to grow 20.9% to $1.88B alongside a 74.3% jump in EPS to $0.97.
  • The stock trades at an EV/EBITDA of 11.2x and a price-to-sales ratio of 0.5x, both lower than the US-listed Industrials peer medians of 13.9x and 1.5x.

Bear case

  • The balance sheet carries $872.8M in net debt with only $2.5M in cash and short-term investments as of June 30, 2026.
  • Quarterly earnings fell 84.6% year-over-year in the latest quarter, and TTM profit margin stood at -1.3%.
  • Free cash flow dropped to -$45.0M in FY2025 from positive $9.6M in FY2024.

What ITG does

ITG, Inc. provides services to digital and other utility infrastructure industries across the United States. Founded in 2013 and based in Fort Lauderdale, Florida, the company supports the planning, design, construction, operation, maintenance, and expansion of broadband networks. Its capabilities include engineering and maintenance services such as route development, fiber cable placement, infrastructure linking main distribution lines to customer locations, and service troubleshooting. ITG also delivers network and fiber construction services, spanning aerial and underground builds, directional boring, trenching, conduit installation, wiring, and fiber backhaul. Its clients include broadband service providers, fiber providers, wireless carriers, data center operators, and public and private utility sectors.

Growth and profitability

Revenue rose from $469.1M in FY2016 to $1.15B in FY2025, posting a 5-year revenue CAGR of 12.7% through FY2025. After revenue grew 95.9% in FY2024 to $998.0M with a net income of $28.3M, FY2025 revenue expanded 15.7% while net income slipped to -$402,000 and free cash flow turned to -$45.0M. Gross margin was 17.5% and operating margin was 4.2% in FY2025. Over the trailing twelve months ended June 30, 2026, revenue totaled $1.38B with an operating margin of 5.7% and a profit margin of -1.3%. For the latest quarter ended June 30, 2026, quarterly revenue grew 38.4% year-over-year, while quarterly earnings growth dropped 84.6%.

ITG income statement →

Balance sheet and cash flow

As of June 30, 2026, ITG held $2.5M in cash and short-term investments against $875.3M in total debt, resulting in net debt of $872.8M. Total assets stood at $1.07B and shareholders' equity was $34.4M, leading to a debt-to-equity ratio of 25.46 and a current ratio of 2.80. Operating cash flow fell from $39.6M in FY2024 to $12.3M in FY2025. In FY2025, capital expenditures reached $57.2M, dividends paid totaled $226.5M, and the 5-year share count increased 340.0%.

ITG balance sheet →

Valuation and performance

ITG carries a market cap of $716.9M and an enterprise value of $1.37B. The stock trades at a price-to-sales multiple of 0.5x, below the 1.5x median of its US-listed Industrials peers. Its EV/EBITDA of 11.2x is also lower than the peer median of 13.9x. However, its price-to-book ratio is elevated at 14.4x. As of October 16, 2026, ITG closed at $5.79, near its 52-week low of $5.50 and down from its 52-week high of $19.26. By comparison, the S&P 500 (SPY) returned 16.8% over the past year.

ITG key metrics →

What analysts expect

Wall Street coverage includes 8 Strong Buy ratings, 1 Buy rating, and no Hold, Sell, or Strong Sell ratings. The mean price target is $16.67, representing a 187.9% upside from the last close of $5.79 on October 16, 2026. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $1.56B and EPS of $0.56. For FY2027, 8 analysts estimate revenue of $1.88B and EPS of $0.97, reflecting 20.9% revenue growth and 74.3% EPS growth. The next earnings date is November 11, 2026.

ITG forecast and price target →

Key risks and what to watch

  • A debt-to-equity ratio of 25.46 leaves the company with high leverage relative to its $34.4M in shareholders' equity.
  • Free cash flow of -$45.0M and cash reserves of $2.5M create liquidity risk if operating cash flow remains pressured.
  • Operating margin declined from 8.9% in FY2024 to 4.2% in FY2025 and 5.7% for the trailing twelve months.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this ITG AI stock analysis

This page is an AI-written research summary of ITG, Inc. (ITG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ITG income statement, ITG balance sheet, ITG key metrics, ITG analyst forecast, ITG chart. See the ITG stock overview for the latest quote and news.

ITG AI stock analysis FAQ

What does ITG, Inc. do?

ITG, Inc. provides engineering, maintenance, and construction services for digital and utility infrastructure in the United States. It designs, builds, and maintains broadband networks, offering fiber installations, trenching, directional boring, and troubleshooting.

What is ITG's debt position?

As of June 30, 2026, ITG held $875.3M in total debt and $2.5M in cash, resulting in $872.8M in net debt and a debt-to-equity ratio of 25.46.

What are analysts forecasting for ITG's earnings and revenue?

Analysts estimate FY2026 revenue of $1.56B and EPS of $0.56. For the next fiscal year, estimates call for revenue of $1.88B and EPS of $0.97, supported by a mean price target of $16.67.

When does ITG report its next earnings?

The company is scheduled to report earnings on November 11, 2026.

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