Badger Meter (BMI) Stock Forecast, Price Target & Predictions
BMI Stock Forecast
Badger Meter stock forecast is as follows: an average price target of $199.20 (represents a -4.73% downside from BMI’s last price of $209.08) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
BMI Price Target
The average price target for Badger Meter (BMI) is $199.20 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $235.00 to $175.00. This represents a potential -4.73% downside from BMI's last price of $209.08.
BMI Analyst Ratings
According to 3 Wall Street analysts, Badger Meter's rating consensus is 'Hold'. The analyst rating breakdown for BMI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Badger Meter Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | Scott Graham | Seaport Global | $235.00 | $195.19 | 20.40% | 12.40% |
| Jul 23, 2024 | Kristina Ruggeri | Argus Research | $218.00 | $201.52 | 8.18% | 4.27% |
| Jul 22, 2024 | Richard Eastman | Robert W. Baird | $184.00 | $190.56 | -3.44% | -12.00% |
| Apr 19, 2024 | Richard Eastman | Robert W. Baird | $180.00 | $178.48 | 0.85% | -13.91% |
| Apr 19, 2024 | Andy Krill | Deutsche Bank | $184.00 | $178.48 | 3.09% | -12.00% |
| Apr 18, 2024 | Nathan Jones | Stifel Nicolaus | $175.00 | $178.48 | -1.95% | -16.30% |
The latest Badger Meter stock forecast, released on Sep 11, 2024 by Scott Graham from Seaport Global, set a price target of $235.00, which represents a 20.40% increase from the stock price at the time of the forecast ($195.19), and a 12.40% increase from BMI last price ($209.08).
Badger Meter Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 6 |
| Avg Price Target | $235.00 | $212.33 | $196.00 |
| Last Closing Price | $209.08 | $209.08 | $209.08 |
| Upside/Downside | 12.40% | 1.55% | -6.26% |
In the current month, the average price target of Badger Meter stock is $235.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 12.40% increase as opposed to Badger Meter's last price of $209.08. This month's average price target is up 10.68% compared to last quarter, and up 19.90% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Seaport Global | - | Buy | Initialise |
| Apr 19, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Apr 18, 2024 | Northcoast Research | - | Neutral | Upgrade |
Badger Meter's last stock rating was published by Seaport Global on Sep 10, 2024. The company Initialise its BMI rating from "null" to "Buy".
Badger Meter Financial Forecast
Badger Meter Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $186.19M | $175.86M | $159.10M | $147.32M | $148.01M | - | $132.40M | $135.75M | $128.74M | $122.87M | $117.84M | $112.33M | $113.59M | $91.12M | $108.51M | $107.56M | $108.65M |
| Avg Forecast | $235.84M | $249.84M | $257.75M | $230.73M | $226.26M | $236.48M | $236.72M | $214.57M | $204.88M | $211.88M | $203.39M | $182.25M | $182.24M | $179.06M | $156.86M | $142.64M | $143.64M | $137.78M | $131.90M | $132.54M | $127.88M | $126.49M | $118.40M | $120.40M | $109.15M | $101.49M | $98.56M | $106.67M | $108.68M | $111.17M |
| High Forecast | $259.35M | $274.75M | $283.44M | $253.73M | $248.81M | $260.05M | $260.32M | $235.96M | $225.30M | $216.30M | $223.67M | $200.42M | $182.64M | $196.90M | $172.50M | $156.86M | $157.96M | $151.51M | $131.90M | $136.40M | $131.60M | $130.17M | $121.84M | $123.90M | $112.32M | $104.44M | $101.43M | $109.78M | $111.84M | $114.40M |
| Low Forecast | $226.62M | $240.08M | $247.68M | $221.72M | $217.42M | $227.24M | $227.47M | $206.19M | $196.87M | $207.74M | $195.44M | $175.13M | $181.83M | $172.06M | $150.73M | $137.07M | $138.03M | $132.39M | $131.90M | $125.78M | $121.35M | $120.03M | $112.35M | $114.26M | $103.57M | $96.31M | $93.53M | $101.23M | $103.13M | $105.49M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.12% | 1.12% | 1.03% | 1.07% | - | 1.00% | 1.06% | 1.02% | 1.04% | 0.98% | 1.03% | 1.12% | 0.92% | 1.02% | 0.99% | 0.98% |
Badger Meter's average Quarter revenue forecast for Dec 23 based on 3 analysts is $182.24M, with a low forecast of $181.83M, and a high forecast of $182.64M. BMI's average Quarter revenue forecast represents a -2.13% decrease compared to the company's last Quarter revenue of $186.19M (Sep 23).
Badger Meter EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $31.42M | $36.38M | $31.96M | $28.52M | $30.55M | - | $25.61M | $29.81M | $26.44M | $25.66M | $24.66M | $23.21M | $26.01M | $18.85M | $22.20M | $22.31M | $22.05M |
| Avg Forecast | $48.75M | $51.65M | $53.28M | $47.70M | $46.77M | $48.88M | $48.93M | $44.35M | $42.35M | $43.80M | $42.04M | $32.20M | $37.67M | $37.01M | $32.43M | $29.27M | $29.69M | $25.44M | $27.26M | $26.61M | $22.20M | $23.13M | $25.66M | $21.72M | $22.13M | $17.11M | $19.93M | $19.80M | $22.83M | $21.54M |
| High Forecast | $53.61M | $56.79M | $58.59M | $52.45M | $51.43M | $53.76M | $53.81M | $48.78M | $46.57M | $44.71M | $46.23M | $38.64M | $37.75M | $40.70M | $35.66M | $35.13M | $32.65M | $30.53M | $27.26M | $31.93M | $26.64M | $27.76M | $30.79M | $26.06M | $26.55M | $20.54M | $23.91M | $23.76M | $27.40M | $25.85M |
| Low Forecast | $46.85M | $49.63M | $51.20M | $45.83M | $44.94M | $46.97M | $47.02M | $42.62M | $40.70M | $42.94M | $40.40M | $25.76M | $37.59M | $35.57M | $31.16M | $23.42M | $28.53M | $20.36M | $27.26M | $21.29M | $17.76M | $18.51M | $20.53M | $17.38M | $17.70M | $13.69M | $15.94M | $15.84M | $18.27M | $17.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 1.12% | 1.09% | 0.96% | 1.20% | - | 0.96% | 1.34% | 1.14% | 1.00% | 1.14% | 1.05% | 1.52% | 0.95% | 1.12% | 0.98% | 1.02% |
3 analysts predict BMI's average Quarter EBITDA for Dec 23 to be $37.67M, with a high of $37.75M and a low of $37.59M. This is 19.89% upper than Badger Meter's previous annual EBITDA (Sep 23) of $31.42M.
Badger Meter Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.97M | $22.49M | $19.41M | $17.54M | $17.93M | - | $14.36M | $17.28M | $15.86M | $13.97M | $13.78M | $13.09M | $14.86M | $9.53M | $11.85M | $12.27M | $12.72M |
| Avg Forecast | $36.72M | $40.08M | $42.54M | $36.33M | $37.90M | $39.84M | $38.90M | $33.62M | $31.66M | $30.24M | $30.36M | $18.06M | $24.23M | $23.87M | $19.25M | $16.42M | $18.01M | $15.26M | $15.19M | $14.92M | $12.87M | $13.87M | $13.97M | $12.14M | $12.48M | $9.78M | $10.08M | $10.57M | $12.56M | $12.43M |
| High Forecast | $41.47M | $45.27M | $48.05M | $41.04M | $42.81M | $45.01M | $43.94M | $37.98M | $35.76M | $30.83M | $34.29M | $21.67M | $24.53M | $26.97M | $21.75M | $19.70M | $20.35M | $18.31M | $15.19M | $17.91M | $15.44M | $16.65M | $16.77M | $14.57M | $14.98M | $11.73M | $12.09M | $12.69M | $15.07M | $14.91M |
| Low Forecast | $34.85M | $38.04M | $40.38M | $34.48M | $35.98M | $37.82M | $36.92M | $31.91M | $30.05M | $29.34M | $28.81M | $14.45M | $23.93M | $22.66M | $18.27M | $13.13M | $17.10M | $12.21M | $15.19M | $11.94M | $10.29M | $11.10M | $11.18M | $9.71M | $9.99M | $7.82M | $8.06M | $8.46M | $10.05M | $9.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.17% | 1.18% | 0.97% | 1.18% | - | 0.96% | 1.34% | 1.14% | 1.00% | 1.14% | 1.05% | 1.52% | 0.95% | 1.12% | 0.98% | 1.02% |
Badger Meter's average Quarter net income forecast for Dec 23 is $24.23M, with a range of $23.93M to $24.53M. BMI's average Quarter net income forecast represents a -6.70% decrease compared to the company's last Quarter net income of $25.97M (Sep 23).
Badger Meter SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $41.33M | $39.97M | $37.80M | $34.52M | $33.68M | - | $31.89M | $31.98M | $31.74M | $31.43M | $31.61M | $27.09M | $25.51M | $23.19M | $27.31M | $24.78M | $25.23M |
| Avg Forecast | $55.00M | $58.27M | $60.11M | $53.81M | $52.77M | $55.15M | $55.21M | $50.04M | $47.78M | $49.42M | $47.44M | $40.06M | $42.50M | $41.76M | $36.58M | $36.42M | $33.50M | $30.55M | $30.76M | $33.11M | $23.81M | $27.78M | $31.43M | $27.85M | $25.83M | $16.78M | $24.51M | $24.35M | $25.36M | $24.64M |
| High Forecast | $60.49M | $64.08M | $66.10M | $59.18M | $58.03M | $60.65M | $60.71M | $55.03M | $52.54M | $50.45M | $52.16M | $48.08M | $42.60M | $45.92M | $40.23M | $43.71M | $36.84M | $36.66M | $30.76M | $39.73M | $28.57M | $33.33M | $37.71M | $33.42M | $31.00M | $20.14M | $29.41M | $29.23M | $30.43M | $29.57M |
| Low Forecast | $52.85M | $55.99M | $57.76M | $51.71M | $50.71M | $53.00M | $53.05M | $48.09M | $45.91M | $48.45M | $45.58M | $32.05M | $42.41M | $40.13M | $35.15M | $29.14M | $32.19M | $24.44M | $30.76M | $26.49M | $19.05M | $22.22M | $25.14M | $22.28M | $20.67M | $13.43M | $19.61M | $19.48M | $20.29M | $19.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.09% | 1.04% | 1.03% | 1.10% | - | 0.96% | 1.34% | 1.14% | 1.00% | 1.14% | 1.05% | 1.52% | 0.95% | 1.12% | 0.98% | 1.02% |
Badger Meter's average Quarter SG&A projection for Dec 23 is $42.50M, based on 3 Wall Street analysts, with a range of $42.41M to $42.60M. The forecast indicates a 2.83% rise compared to BMI last annual SG&A of $41.33M (Sep 23).
Badger Meter EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 6 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.89 | $0.77 | $0.66 | $0.60 | $0.61 | - | $0.49 | $0.59 | $0.54 | $0.48 | $0.47 | $0.45 | $0.51 | $0.33 | $0.41 | $0.42 | $0.44 |
| Avg Forecast | $1.24 | $1.36 | $1.44 | $1.23 | $1.28 | $1.35 | $1.32 | $1.14 | $1.07 | $1.02 | $1.03 | $0.82 | $0.82 | $0.81 | $0.65 | $0.55 | $0.61 | $0.58 | $0.52 | $0.51 | $0.47 | $0.50 | $0.46 | $0.42 | $0.43 | $0.38 | $0.34 | $0.36 | $0.42 | $0.43 |
| High Forecast | $1.40 | $1.53 | $1.63 | $1.39 | $1.45 | $1.52 | $1.49 | $1.29 | $1.21 | $1.04 | $1.16 | $0.93 | $0.83 | $0.91 | $0.74 | $0.62 | $0.69 | $0.66 | $0.52 | $0.53 | $0.49 | $0.52 | $0.48 | $0.44 | $0.45 | $0.39 | $0.36 | $0.38 | $0.44 | $0.45 |
| Low Forecast | $1.18 | $1.29 | $1.37 | $1.17 | $1.22 | $1.28 | $1.25 | $1.08 | $1.02 | $0.99 | $0.98 | $0.78 | $0.81 | $0.77 | $0.62 | $0.52 | $0.58 | $0.55 | $0.52 | $0.47 | $0.44 | $0.46 | $0.43 | $0.40 | $0.40 | $0.35 | $0.32 | $0.34 | $0.40 | $0.40 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.18% | 1.19% | 0.98% | 1.05% | - | 0.97% | 1.26% | 1.08% | 1.05% | 1.11% | 1.05% | 1.34% | 0.96% | 1.12% | 0.99% | 1.02% |
According to 3 Wall Street analysts, Badger Meter's projected average Quarter EPS for Dec 23 is $0.82, with a low estimate of $0.81 and a high estimate of $0.83. This represents a -7.80% decrease compared to BMI previous annual EPS of $0.89 (Sep 23).
Badger Meter Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ST | Sensata Technologies | $34.66 | $52.36 | 51.07% | Buy |
| MKSI | MKS Instruments | $111.85 | $144.91 | 29.56% | Buy |
| TRMB | Trimble | $56.50 | $67.67 | 19.77% | Buy |
| FTV | Fortive | $73.60 | $86.38 | 17.36% | Buy |
| TDY | Teledyne | $427.75 | $485.25 | 13.44% | Buy |
| NOVT | Novanta | $171.12 | $175.00 | 2.27% | Buy |
| ESE | ESCO | $119.81 | $120.00 | 0.16% | Buy |
| VNT | Vontier | $33.14 | $32.67 | -1.42% | Buy |
| MLAB | Mesa Laboratories | $125.71 | $120.00 | -4.54% | Buy |
| BMI | Badger Meter | $209.08 | $199.20 | -4.73% | Hold |
| COHR | Coherent | $77.98 | $73.73 | -5.45% | Buy |
| ITRI | Itron | $102.54 | $89.91 | -12.32% | Buy |
BMI Forecast FAQ
Is Badger Meter a good buy?
No, according to 3 Wall Street analysts, Badger Meter (BMI) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of BMI's total ratings.
What is BMI's price target?
Badger Meter (BMI) average price target is $199.2 with a range of $175 to $235, implying a -4.73% from its last price of $209.08. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Badger Meter stock go up soon?
According to Wall Street analysts' prediction for BMI stock, the company can go down by -4.73% (from the last price of $209.08 to the average price target of $199.2), up by 12.40% based on the highest stock price target, and down by -16.30% based on the lowest stock price target.
Can Badger Meter stock reach $300?
BMI's average twelve months analyst stock price target of $199.2 does not support the claim that Badger Meter can reach $300 in the near future.
What is Badger Meter's current price target trend?
1 Wall Street analyst forecast a $235 price target for Badger Meter (BMI) this month, up 12.40% from its last price of $209.08. Compared to the last 3 and 12 months, the average price target increased by 1.55% and decreased by -6.26%, respectively.
What are Badger Meter's analysts' financial forecasts?
Badger Meter's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $914.03M (high $1.01B, low $878.31M), average EBITDA is $188.94M (high $207.77M, low $181.56M), average net income is $150.26M (high $169.74M, low $142.63M), average SG&A $213.17M (high $234.42M, low $204.84M), and average EPS is $5.09 (high $5.75, low $4.83). BMI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $974.16M (high $1.07B, low $936.09M), average EBITDA is $201.37M (high $221.44M, low $193.5M), average net income is $155.66M (high $175.83M, low $147.75M), average SG&A $227.2M (high $249.84M, low $218.32M), and average EPS is $5.27 (high $5.95, low $5).
Did the BMI's actual financial results beat the analysts' financial forecasts?
Based on Badger Meter's last annual report (Dec 2022), the company's revenue was $565.57M, beating the average analysts forecast of $545.86M by 3.61%. Apple's EBITDA was $113.41M, beating the average prediction of $109.01M by 4.03%. The company's net income was $66.5M, beating the average estimation of $63.39M by 4.91%. Apple's SG&A was $132.8M, beating the average forecast of $127.93M by 3.81%. Lastly, the company's EPS was $2.29, beating the average prediction of $2.21 by 3.49%. In terms of the last quarterly report (Sep 2023), Badger Meter's revenue was $186.19M, beating the average analysts' forecast of $179.06M by 3.99%. The company's EBITDA was $31.42M, missing the average prediction of $37.01M by -15.11%. Badger Meter's net income was $25.97M, beating the average estimation of $23.87M by 8.78%. The company's SG&A was $41.33M, missing the average forecast of $41.76M by -1.02%. Lastly, the company's EPS was $0.89, beating the average prediction of $0.808 by 10.09%