Badger Meter, Inc.

Badger Meter, Inc.

BMIยทNYSE

$129.80

-0.062%
TechnologyHardware, Equipment & Parts

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. In addition, the company offers ORION Migratable for automatic meter reading; ORION (SE) for traditional fixed network applications; and ORION Cellular for infrastructure-free fixed network meter reading solution, as well as BEACON advanced metering analytics, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. It also serves water utilities, industrial, and other industries. The company sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was incorporated in 1905 and is headquartered in Milwaukee, Wisconsin.

At a Glance

Live Snapshot
Market Cap$3.79B
EPS4.8200
P/E Ratio26.93
Earnings Date07/28/2026
bmi

Badger Meter, Inc. Street Expectations Map

BMI ยท NYSE

Wall Street analysts project that BMI stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 167.29, with estimates ranging from a low of 110.00 to a high of 220.00.

Lowest Target
110.00
-15.25%
Consensus Target
167.29
28.88%
Highest Target
220.00
69.49%

The consensus 1-year price target stands at 167.29, with estimates ranging from a low of 110.00 to a high of 220.00.

Analyst Consensus Analysis

Upside Potential

+28.9%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

65.8% spread

High uncertainty. Very wide target spread indicates significant disagreement among analystsโ€”major valuation uncertainty or transformation underway.

Risk-Reward Profile

4.56x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuationโ€”proceed with caution and independent analysis.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

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Badger Meter, Inc. Forward Estimates of Revenue

BMI ยท NYSE
Latest Revenue
916.66M
FY 2025
Avg Estimate
1.01B
FY 2026
Estimate Range
988.83M - 1.03B
Analyst Spread

Forward Growth Analysis

Projected Growth+9.7%

Moderate growth expected, typical for mature businesses with stable market positions.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Badger Meter, Inc. Forward Estimates of Net Income

BMI ยท NYSE
Latest Net Income
141.63M
FY 2025
Avg Estimate
158.31M
FY 2026
Estimate Range
155.71M - 164.80M
Analyst Spread

Forward Growth Analysis

Projected Growth+11.8%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Badger Meter, Inc. Forward Estimates of EPS

BMI ยท NYSE
Latest EPS
4.82
FY 2025
Avg Estimate
$5.45
FY 2026
Estimate Range
$5.27 - $5.58
Analyst Spread

Forward Growth Analysis

Projected Growth+13.0%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Badger Meter, Inc. Forward Estimates of EBIT

BMI ยท NYSE
Latest EBIT
188.66M
FY 2025
Avg Estimate
165.20M
FY 2026
Estimate Range
162.40M - 168.51M
Analyst Spread

Forward Growth Analysis

Projected Growth-12.4%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Badger Meter, Inc. Forward Estimates of EBITDA

BMI ยท NYSE
Latest EBITDA
223.24M
FY 2025
Avg Estimate
213.43M
FY 2026
Estimate Range
209.80M - 217.70M
Analyst Spread

Forward Growth Analysis

Projected Growth-4.4%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Badger Meter, Inc. Forward Estimates of SG&A Expense

BMI ยท NYSE
Latest SG&A Expense
0.00
FY 2025
Avg Estimate
228.12M
FY 2026
Estimate Range
224.24M - 232.68M
Analyst Spread

Forward Growth Analysis

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Badger Meter, Inc. Insider Positioning

BMI ยท NYSE

During the last 12 months, insiders have purchased $2.03M and sold $596K worth of BMI shares, resulting in $1.44M of net buying activity.

3 Months

Bought

6.6K

777.13K

Sold

143

20.66K

Net Activity

+756K

+$756K

3-6 Months

Bought

8.3K

1.26M

Sold

3.8K

575.34K

Net Activity

+680K

+$680K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
BK

Bockhorst Kenneth

Director, Officer: Chairman, President & Ceo

5.5K sharesโ€ข2 transactions

$762K

2
HR

Htwe Richard

Officer: Vp-Global Operations

5.1K sharesโ€ข2 transactions

$699K

3
WR

Wrocklage Robert

Officer: Evp-N.A. Muncipal Utility

2.6K sharesโ€ข2 transactions

$374K

4
CEF

Callahan Edward F.

Officer: Vp-Engineering

858 sharesโ€ข1 transactions

$100K

5
TCM

Tarantino Christina M.

Officer: Vp-Controller

870 sharesโ€ข1 transactions

$99K

Top Sellers

1
BFJ

Begale Fred J

Officer: Vp-Utility Npd

2.1K sharesโ€ข1 transactions

$310K

2
SKK

Stoll Kimberly K

Officer: Vp-Cust Serv & Gm Smartcover

1.9K sharesโ€ข3 transactions

$286K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $1.44M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

3.41:1

Exceptional buy/sell ratio. Buying dramatically outweighs sellingโ€”one of the strongest possible insider signals.

Recent Trend (3 Months)

$756K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

5 insider buyers vs. 2 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Strong confluence of bullish signals: High buy/sell ratio, multiple insiders participating, and recent buying momentum all point to significant insider confidence. This level of coordinated buying often precedes positive developments.