Want to see BMI full AI Analyst Report?
BMI Stock Chart & Stats
$126.32
$2.01(1.59%)
At close: 4:00 PM EDT
$126.32
$2.01(1.59%)
Day’s Range― - ―
52-Week Range$112.09 - $204.00
Previous CloseN/A
Volume535.00K
Average Volume (3M)541.01K
Market Cap
$3.82B
Enterprise Value$4.23K
Total Cash (Recent Filing)$95.73M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)30.7
Beta0.66
Next Earnings
Oct 15, 2026EPS Estimate
1.23Next Dividend Ex-DateN/A
Dividend Yield1.21%
Share Statistics
EPS (TTM)4.29
Shares Outstanding28,986,847
10 Day Avg. Volume669,718
30 Day Avg. Volume541,007
Financial Highlights & Ratios
PEG Ratio2.75
Price to Book (P/B)7.19
Price to Sales (P/S)5.59
P/FCF Ratio30.22
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$157.29Price Target Upside24.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)4.42
Revenue Forecast (FY)$910.88M
Bulls Say, Bears Say
Bulls Say
Debt-free, Conservative Balance SheetZero reported debt and steadily growing equity provide durable financial flexibility and downside protection. This reduces refinancing risk, supports buybacks or opportunistic M&A, and allows capital allocation to operations and software investments across multi-year utility upgrade cycles.
High And Stable Profitability MarginsSustained gross margins near 40% and mid-teens net margins indicate strong pricing power and operational leverage in metering and instrumentation. Durable margins underpin cash generation and ROE, enabling reinvestment in product development and software while withstanding cyclical revenue swings.
Commercial Momentum In AMI, NAS And SoftwareStrength in AMI/NAS deployments and utility-focused software supports recurring revenue and lifecycle upsell opportunities. As utilities modernize, installed-base replacements, connectivity and analytics create multi-year serviceable revenue streams and higher customer switching costs.
Bears Say
Flattish Organic Revenue And Q4 ConcentrationManagement’s guidance for roughly flat organic revenue with growth skewed to Q4 implies execution risk from project timing. Heavy back‑half dependence magnifies the impact of any shipment delays or contract slippage, making near‑term growth sensitive to project ramp timing.
Declining Free Cash Flow And Rising Working CapitalA near 46% drop in quarterly FCF and higher working capital intensity reduces internal funding for capex, M&A or buybacks if sustained. Persistent receivable/inventory timing pressures could constrain cash conversion and necessitate greater reliance on credit despite an undrawn facility.
Electronic Component Cost And Availability PressureSustained component shortages and rising electronics costs can compress margins, delay AMI deployments, and increase backlog variability. Given reliance on embedded electronics for metering and communications, prolonged supply tightness is a structural headwind to throughput and margin stability.
BMI FAQ
What was Badger Meter’s price range in the past 12 months?
Badger Meter lowest stock price was $112.09 and its highest was $204.00 in the past 12 months.
What is Badger Meter’s market cap?
Badger Meter’s market cap is $3.82B.
When is Badger Meter’s upcoming earnings report date?
Badger Meter’s upcoming earnings report date is Oct 15, 2026 which is in 51 days.
How were Badger Meter’s earnings last quarter?
Badger Meter released its earnings results on Jul 22, 2026. The company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $1.006 by $0.014.
Is Badger Meter overvalued?
According to Wall Street analysts Badger Meter’s price is currently Undervalued.
Does Badger Meter pay dividends?
Badger Meter pays a Quarterly dividend of $0.44 which represents an annual dividend yield of 1.21%. See more information on Badger Meter dividends here
What is Badger Meter’s EPS estimate?
Badger Meter’s EPS estimate is 1.23.
How many shares outstanding does Badger Meter have?
Badger Meter has 28,986,847 shares outstanding.
What happened to Badger Meter’s price movement after its last earnings report?
Badger Meter reported an EPS of $1.02 in its last earnings report, beating expectations of $1.006. Following the earnings report the stock price went down -13.162%.
Which hedge fund is a major shareholder of Badger Meter?
Currently, no hedge funds are holding shares in BMI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Badger Meter Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$157.29 (24.51% Upside)
$157.29 (24.51% Upside)
Blogger Sentiment
Bullish
BMI Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 63.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $101.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.75%
12-Months-Change
Fundamentals
Return on Equity
1.21%
Trailing 12-Months
Asset Growth
6.59%
Trailing 12-Months
Company Description
Badger Meter
Badger Meter, Inc. (BMI) provides a comprehensive range of solutions for flow measurement, quality assessment, control, and communication. Operating globally, the company serves markets across North America, Europe, Asia, and the Middle East. For municipal water utilities, BMI supplies both conventional and advanced water meters, complemented by associated radio, software, and service technologies. Additionally, Badger Meter engineers and produces a variety of flow instrumentation devices, including meters, valves, and sensing tools. These instruments are vital for measuring and controlling the flow of various substances—from water, air, and steam to oil and other liquids and gases—within industrial piping and pipelines. They are incorporated by original equipment manufacturers (OEMs) as primary measurement components within their products or systems and distributed through manufacturer representatives. Key applications for this instrumentation span water/wastewater treatment, heating, ventilation, and air conditioning (HVAC) systems, and corporate sustainability efforts. The company further innovates with its ORION suite of automatic meter reading (AMR) technologies, encompassing ORION Migratable, ORION (SE) for traditional fixed networks, and ORION Cellular for infrastructure-free fixed network solutions. Its BEACON advanced metering analytics platform, a secure cloud-hosted software, empowers users with alerts for specified conditions and consumer engagement tools to visualize and manage water usage. Serving a broad customer base, including water utilities, industrial clients, and other sectors, Badger Meter sells its offerings directly and through a network of resellers and representatives. Founded in 1905, Badger Meter, Inc. is headquartered in Milwaukee, Wisconsin.
BMI Company Deck
BMI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed a mixed but broadly cautious message: management highlighted clear sequential improvements, product-line wins (flow instrumentation), continued commercial momentum on AMI and NAS, disciplined cost controls, share repurchases and a strengthened liquidity position. However, meaningful year-over-year declines in revenue (-7% total; -7.5% base), operating earnings (-12%), EPS (-13%), and free cash flow (~46% decrease), together with higher working capital and ongoing electronic component pressures, temper near-term optimism. Management reaffirmed a flattish organic revenue outlook for FY26 with growth skewed to Q4 and emphasized long-term secular drivers and confidence in execution, but execution risk remains from uneven project ramping and supply dynamics.View all BMI earnings summariesBMI Revenue Breakdown
88.28% U.S.
5.56% Europe
1.93% Asia
1.84% Canada
2.39% Other

BMI Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$157.29
▲(24.51% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.55% Insiders
27.54% Mutual Funds
26.85% Other Institutional Investors
3.75% Public Companies and
Individual Investors











