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ITG Overview

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ET
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Intellectia

Loading chart...

High
13.500
Open
13.500
VWAP
13.53
Vol
3.28K
Mkt Cap
1.65B
Low
13.500
Amount
44.38K
EV/EBITDA(TTM)
--
Total Shares
121.23M
EV
--
EV/OCF(TTM)
--
P/S(TTM)
--

Events Timeline

(ET)
2026-07-06
10:30:00
Bending Spoons IPO Priced at $29, Opens at $31
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2026-07-01 (ET)
2026-07-01
12:30:00
ITG, Inc. Prices 19.51M Shares at $16.00
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2026-07-01
07:00:00
Morgan Stanley and Others Manage Deal Below Target Price
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2026-07-01
05:00:00
ITG, Inc. Prices IPO at $16 per Share
select
2026-07-01
05:00:00
Morgan Stanley and Others Manage Deal Below $19
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News

renaissancecapital
8.5
07-02renaissancecapital
Three Major IPOs and Four SPACs Priced This Week
  • Bending Spoons IPO: Italy-based tech firm Bending Spoons priced above expectations to raise $1.7 billion, achieving a market cap of $19.5 billion, having completed over 50 acquisitions, which is expected to further drive earnings growth and market expansion.
  • ITG's Underperformance: Engineering firm ITG raised $312 million below expectations at a $1.9 billion market cap, and despite stable demand for its infrastructure services, its stock fell 3% this week, indicating market concerns about future growth.
  • Lime's Market Share: E-scooter rental platform Lime priced at the midpoint to raise $174 million, with an $1.8 billion market cap, serving 19 million users in 2025 and holding a 27% market share, demonstrating its leadership in the shared micromobility market.
  • New IPO Filings: Eleven companies submitted IPO filings this week, including Cumberland Farms and Jersey Mike's, each expected to raise $1 billion, reflecting strong demand for emerging businesses and a recovery in investor confidence.
renaissancecapital
8.5
07-01renaissancecapital
ITG Raises $312 Million in IPO Below Expected Range
  • Funding Size: ITG successfully raised $312 million by offering 19.5 million shares at $16 each, significantly below the expected range of $19 to $22, indicating cautious market sentiment regarding its valuation.
  • Business Segments: ITG focuses on providing infrastructure services to broadband, wireless, and utility network operators across the U.S., operating through two main segments: Engineering & Maintenance and Infrastructure Deployment, ensuring ongoing network operations and expansions.
  • Customer Base: The company serves a diverse clientele, including broadband service providers, fiber suppliers, wireless carriers, and data center operators, primarily maintaining stable revenue through long-term master service agreements.
  • Underwriting Team: The IPO was jointly managed by prominent financial institutions including Morgan Stanley, Citi, and UBS Investment Bank, which bolstered market confidence in ITG's prospects.
Newsfilter
8.5
07-01Newsfilter
ITG, Inc. Prices Initial Public Offering at $16.00 per Share
  • IPO Pricing: ITG, Inc. has priced its initial public offering at $16.00 per share for 19,512,196 shares, expected to begin trading on Nasdaq on July 1, 2026, indicating strong market demand for its digital infrastructure services.
  • Underwriter Option: The company has granted underwriters a 30-day option to purchase an additional 2,926,829 shares at the IPO price, a strategy that may enhance market liquidity and attract more investors.
  • Expected Net Proceeds: ITG anticipates net proceeds of approximately $279.2 million after deducting underwriting discounts and expenses, which will be used to repay outstanding revolving credit and term loans, significantly improving the company's financial position and reducing debt burden.
  • Underwriter Lineup: Morgan Stanley, Citigroup, UBS Investment Bank, and Stifel are acting as joint bookrunners, showcasing their strong influence in the capital markets and bolstering investor confidence in ITG.
seekingalpha
8.5
07-01seekingalpha
ITG Prices IPO at $16 per Share, Raising $312.2M
  • IPO Pricing: ITG has priced its initial public offering of 19.5 million Class A shares at $16 each, expecting gross proceeds of approximately $312.2 million, which will primarily be used to repay outstanding borrowings, thereby significantly improving its financial health.
  • Market Trading Arrangement: The stock is set to begin trading on the Nasdaq Global Select Market under the ticker symbol 'ITG' on July 1, which will enhance the company's market visibility and attract more investor interest.
  • Net Proceeds Expectation: Excluding the underwriters' option to purchase an additional 2.9 million shares, ITG anticipates net proceeds of about $279.2 million, providing substantial funding support for future growth initiatives.
  • Offering Closure Date: The offering is expected to close on July 2, 2026, marking a significant milestone for the company in the capital markets and further driving its expansion in the infrastructure services sector.
Wall Street analysts forecast ITG stock price to rise
0 Analyst Rating
Wall Street analysts forecast ITG stock price to rise
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0 Sell
Current: 0.000
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Current: 0.000
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Valuation Metrics

The current forward P/E ratio for Itg, Inc./De/ (ITG.O) is --, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Itg, Inc./De/'s fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
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5Y Average PE
Current PE
NaN
Overvalued PE
Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
Current EV/EBITDA
NaN
Overvalued EV/EBITDA
Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
Current PS
NaN
Overvalued PS
Undervalued PS

Financials

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Frequently Asked Questions

What is Itg, Inc./De/ (ITG) stock price today?

The current price of ITG is 13.6 USD — it has increased 0

What is Itg, Inc./De/ (ITG)'s business?

What is the price predicton of ITG Stock?

Wall Street analysts forecast ITG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ITG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Itg, Inc./De/ (ITG)'s revenue for the last quarter?

Itg, Inc./De/ revenue for the last quarter amounts to NaN USD, decreased

What is Itg, Inc./De/ (ITG)'s earnings per share (EPS) for the last quarter?

Itg, Inc./De/. EPS for the last quarter amounts to USD, decreased

How many employees does Itg, Inc./De/ (ITG). have?

Itg, Inc./De/ (ITG) has 0 emplpoyees as of July 08 2026.

What is Itg, Inc./De/ (ITG) market cap?

Today ITG has the market capitalization of 1.65B USD.