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Badger Meter, Inc.

BMI

Last
$131.36
Day
+2.9%
1y
-26.5%
5y
+25.1%
52w
-37.4%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-10-2212d
EMA 21
127.90
EMA 50
130.32
EMA 200
143.68
20d high
-5.3%
5y high
-50.1%
5y range
30th
Website · 2,477 employees · United States

Positions held

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Score
-13
Hold
avoid
Signal
Sell
Target
$135.08
Stop
$121.48
Stop distance
7.5%
Target vs last
+2.8%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Badger Meter operates in a niche market of scientific and technical instruments, which is essential for various industries, ensuring a steady demand for its products.
  • Revenue increased by 10% compared to the prior quarter, reaching $222 million.
  • The company maintains a strong operating margin of 17.7% in the latest quarter.
Bear case
  • The company's revenue growth has declined by 6.6% year-over-year, indicating potential challenges in market demand.
  • Earnings growth has decreased by 12.8%, reflecting a downward trend in profitability.
  • The stock has a 'Strong Sell' signal with a score of -33.00, suggesting significant bearish sentiment among investors.

Fundamentals

Market cap$3.70BEnterprise value$3.63BTrailing P/E29.83Forward P/E25.70
PEG2.87Price / book5.42Beta0.64Dividend yield1.38%
Revenue growth-6.6%Earnings growth-12.8%Gross margin41.3%Operating margin17.7%
Profit margin14.3%ROE18.5%ROA10.6%Debt / equity0.03
Current ratio2.42Free cash flow$128.29MAnalyst recommendationnoneMean target$156.67
52w high$204.0052w low$112.09

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$222M$202M$221M$236M$238M
Op margin17.7%17.4%19.5%19.6%18.8%
Net income$29.7M$27.3M$33.6M$35.1M$34.6M
Gross margin40.8%41.7%42.1%40.7%41.1%
Gross profit$90.8M$84.3M$93.0M$95.8M$97.8M
Operating income$39.4M$35.2M$43.0M$46.1M$44.9M
  • Revenue +10% vs prior quarter ($222M vs $202M).
  • Gross margin 40.8% (was 41.7% prior quarter).

Yearly (6y)

20252024202320222021
Revenue$917M$827M$704M$566M—
Op margin20.0%19.1%16.8%15.4%—
Net income$142M$125M$92.6M$66.5M—
Gross margin41.7%39.8%39.3%38.9%—
Gross profit$382M$329M$276M$220M—
Operating income$183M$158M$118M$87.3M—
Headline scan

Headlines — watch

• [WARN · legal] Badger Meter (BMI) Is Under Investigation Over Potential Fiduciary Breaches

News

BMI · daily-2.9% over 14 sessions
Close EMA21 EMA50 EMA200
121.36124.87128.37131.88135.382026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$60M$119M$179M$238M0%21%42%2025-Q22025-Q32025-Q42026-Q12026-Q2