Badger Meter (BMI) Stock Forecast, Price Target & Predictions


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BMI Stock Forecast


Badger Meter stock forecast is as follows: an average price target of $204.60 (represents a 0.86% upside from BMI’s last price of $202.85) 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 $204.60 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $250.00 to $175.00. This represents a potential 0.86% upside from BMI's last price of $202.85.

BMI Analyst Ratings


Hold

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 21, 2024Kristina RuggeriArgus Research$230.00$204.8212.29%13.38%
Oct 18, 2024Scott GrahamSeaport Global$250.00$211.4718.22%23.24%
Sep 11, 2024Scott GrahamSeaport Global$235.00$195.1920.40%15.85%
Jul 23, 2024Kristina RuggeriArgus Research$218.00$201.528.18%7.47%
Jul 22, 2024Richard EastmanRobert W. Baird$184.00$190.56-3.44%-9.29%
Apr 19, 2024Richard EastmanRobert W. Baird$180.00$178.480.85%-11.26%
Apr 19, 2024Andy KrillDeutsche Bank$184.00$178.483.09%-9.29%
Apr 18, 2024Nathan JonesStifel Nicolaus$175.00$178.48-1.95%-13.73%
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The latest Badger Meter stock forecast, released on Oct 21, 2024 by Kristina Ruggeri from Argus Research, set a price target of $230.00, which represents a 12.29% increase from the stock price at the time of the forecast ($204.82), and a 13.38% increase from BMI last price ($202.85).

Badger Meter Price Target by Period


1M3M12M
# Anlaysts238
Avg Price Target$240.00$238.33$207.00
Last Closing Price$202.85$202.85$202.85
Upside/Downside18.31%17.49%2.05%

In the current month, the average price target of Badger Meter stock is $240.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 18.31% increase as opposed to Badger Meter's last price of $202.85. This month's average price target is up 0.70% compared to last quarter, and up 15.94% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 18, 2024Seaport GlobalBuyBuyHold
Sep 10, 2024Seaport Global-BuyInitialise
Apr 19, 2024Deutsche BankHoldHoldHold
Apr 18, 2024Northcoast Research-NeutralUpgrade
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Badger Meter's last stock rating was published by Seaport Global on Oct 18, 2024. The company gave BMI a "Buy" rating, the same as its previous rate.

Badger Meter Financial Forecast


Badger Meter Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$186.19M$175.86M$159.10M$147.32M$148.01M$137.83M$132.40M$135.75M$128.74M$122.87M$117.84M$112.33M$113.59M$91.12M$108.51M$107.56M$108.65M
Avg Forecast$235.00M$244.58M$254.10M$228.23M$220.70M$229.01M$232.61M$212.75M$201.60M$212.08M$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$239.21M$248.96M$258.65M$232.32M$224.66M$233.11M$236.78M$213.21M$203.20M$212.35M$207.04M$182.25M$182.64M$182.27M$159.67M$145.20M$146.21M$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
Low Forecast$231.68M$241.12M$250.51M$225.00M$217.59M$225.77M$229.32M$212.27M$198.95M$211.81M$200.52M$182.25M$181.83M$176.53M$154.65M$140.63M$141.61M$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
# Analysts111111134211311111112222118812712
Surprise %-------------1.04%1.12%1.12%1.03%1.07%1.05%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111134211311111112222118812712
EBITDA-------------$31.42M$36.38M$31.96M$28.52M$30.55M$28.73M$25.61M$29.81M$26.44M$25.66M$24.66M$23.21M$26.01M$18.85M$22.20M$22.31M$22.05M
Avg Forecast$48.58M$50.56M$52.53M$47.18M$45.62M$47.34M$48.08M$43.98M$41.67M$43.84M$42.04M$32.20M$37.67M$37.01M$32.43M$29.27M$24.42M$28.48M$27.26M$26.61M$26.43M$26.15M$24.47M$21.72M$22.56M$20.98M$20.37M$19.80M$22.47M$22.98M
High Forecast$49.45M$51.46M$53.47M$48.02M$46.44M$48.19M$48.94M$44.07M$42.00M$43.90M$42.80M$38.64M$37.75M$37.68M$33.01M$35.13M$29.31M$28.48M$27.26M$31.93M$26.43M$26.15M$24.47M$26.06M$22.56M$20.98M$20.37M$23.76M$22.47M$22.98M
Low Forecast$47.89M$49.84M$51.78M$46.51M$44.98M$46.67M$47.40M$43.88M$41.12M$43.78M$41.45M$25.76M$37.59M$36.49M$31.97M$23.42M$19.54M$28.48M$27.26M$21.29M$26.43M$26.15M$24.47M$17.38M$22.56M$20.98M$20.37M$15.84M$22.47M$22.98M
Surprise %-------------0.85%1.12%1.09%1.17%1.07%1.05%0.96%1.13%1.01%1.05%1.14%1.03%1.24%0.93%1.12%0.99%0.96%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111134211311111112222118812712
Net Income-------------$25.97M$22.49M$19.41M$17.54M$17.93M$16.66M$14.36M$17.28M$15.86M$13.97M$13.78M$13.09M$14.86M$9.53M$11.85M$12.27M$12.72M
Avg Forecast$37.81M$40.95M$42.88M$36.35M$37.35M$38.17M$37.97M$33.40M$29.86M$32.80M$30.38M$18.06M$24.25M$23.89M$19.27M$16.42M$14.15M$17.17M$15.21M$14.92M$13.82M$14.70M$13.52M$12.14M$12.70M$11.22M$10.19M$10.57M$12.55M$12.74M
High Forecast$38.69M$41.91M$43.87M$37.19M$38.22M$39.06M$38.85M$34.00M$30.16M$34.08M$31.08M$21.67M$24.55M$24.45M$19.71M$19.70M$16.98M$17.17M$15.21M$17.91M$13.82M$14.70M$13.52M$14.57M$12.70M$11.22M$10.19M$12.69M$12.55M$12.74M
Low Forecast$37.11M$40.20M$42.09M$35.68M$36.67M$37.47M$37.27M$32.49M$28.97M$31.51M$29.82M$14.45M$23.94M$23.45M$18.91M$13.13M$11.32M$17.17M$15.21M$11.94M$13.82M$14.70M$13.52M$9.71M$12.70M$11.22M$10.19M$8.46M$12.55M$12.74M
Surprise %-------------1.09%1.17%1.18%1.24%1.04%1.10%0.96%1.25%1.08%1.03%1.14%1.03%1.32%0.94%1.12%0.98%1.00%

Badger Meter's average Quarter net income forecast for Dec 23 is $24.25M, with a range of $23.94M to $24.55M. BMI's average Quarter net income forecast represents a -6.64% decrease compared to the company's last Quarter net income of $25.97M (Sep 23).

Badger Meter SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111134211311111112222118812712
SG&A-------------$41.33M$39.97M$37.80M$34.52M$33.68M$32.70M$31.89M$31.98M$31.74M$31.43M$31.61M$27.09M$25.51M$23.19M$27.31M$24.78M$25.23M
Avg Forecast$54.81M$57.04M$59.26M$53.23M$51.47M$53.41M$54.25M$49.62M$47.02M$49.46M$47.44M$40.06M$42.50M$41.76M$36.58M$36.42M$26.19M$32.13M$30.76M$33.11M$29.82M$29.50M$27.61M$27.85M$25.46M$23.67M$22.99M$24.35M$25.35M$25.93M
High Forecast$55.79M$58.06M$60.32M$54.18M$52.40M$54.37M$55.22M$49.73M$47.39M$49.52M$48.29M$48.08M$42.60M$42.51M$37.24M$43.71M$31.43M$32.13M$30.76M$39.73M$29.82M$29.50M$27.61M$33.42M$25.46M$23.67M$22.99M$29.23M$25.35M$25.93M
Low Forecast$54.03M$56.23M$58.42M$52.48M$50.75M$52.66M$53.48M$49.51M$46.40M$49.40M$46.77M$32.05M$42.41M$41.17M$36.07M$29.14M$20.95M$32.13M$30.76M$26.49M$29.82M$29.50M$27.61M$22.28M$25.46M$23.67M$22.99M$19.48M$25.35M$25.93M
Surprise %-------------0.99%1.09%1.04%1.32%1.05%1.06%0.96%1.07%1.08%1.14%1.14%1.06%1.08%1.01%1.12%0.98%0.97%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111134211311111112222118812712
EPS-------------$0.89$0.77$0.66$0.60$0.61$0.57$0.49$0.59$0.54$0.48$0.47$0.45$0.51$0.33$0.41$0.42$0.44
Avg Forecast$1.28$1.39$1.45$1.23$1.26$1.29$1.29$1.13$1.01$1.11$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$1.31$1.42$1.48$1.26$1.29$1.32$1.31$1.15$1.02$1.15$1.05$0.82$0.83$0.83$0.67$0.57$0.62$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
Low Forecast$1.26$1.36$1.42$1.21$1.24$1.27$1.26$1.10$0.98$1.07$1.01$0.82$0.81$0.79$0.64$0.54$0.60$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
Surprise %-------------1.10%1.18%1.19%0.98%1.05%1.11%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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
STSensata Technologies$33.64$51.2552.35%Buy
MKSIMKS Instruments$99.57$143.0943.71%Buy
FTVFortive$71.16$86.6321.74%Buy
VPGVishay Precision Group$23.61$27.0014.36%-
ESEESCO$128.21$145.0013.10%Buy
TRMBTrimble$61.31$67.6710.37%Buy
TDYTeledyne$457.92$496.808.49%Buy
MLABMesa Laboratories$118.45$120.001.31%Buy
BMIBadger Meter$202.85$204.600.86%Hold
NOVTNovanta$174.17$175.000.48%Buy
COHRCoherent$90.91$85.83-5.59%Buy
VNTVontier$37.08$32.67-11.89%Buy
ITRIItron$114.97$89.91-21.80%Buy

BMI Forecast FAQ


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.

Badger Meter (BMI) average price target is $204.6 with a range of $175 to $250, implying a 0.86% from its last price of $202.85. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BMI stock, the company can go up by 0.86% (from the last price of $202.85 to the average price target of $204.6), up by 23.24% based on the highest stock price target, and down by -13.73% based on the lowest stock price target.

BMI's average twelve months analyst stock price target of $204.6 does not support the claim that Badger Meter can reach $300 in the near future.

2 Wall Street analysts forecast a $240 price target for Badger Meter (BMI) this month, up 18.31% from its last price of $202.85. Compared to the last 3 and 12 months, the average price target increased by 17.49% and increased by 2.05%, respectively.

Badger Meter's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $895.07M (high $907.76M, low $884.95M), average EBITDA is $185.02M (high $187.65M, low $182.93M), average net income is $146.89M (high $150.14M, low $143.9M), average SG&A $208.75M (high $211.71M, low $206.39M), and average EPS is $4.97 (high $5.08, low $4.87). BMI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $961.91M (high $979.15M, low $948.32M), average EBITDA is $198.84M (high $202.4M, low $196.03M), average net income is $157.98M (high $161.66M, low $155.08M), average SG&A $224.34M (high $228.36M, low $221.17M), and average EPS is $5.35 (high $5.47, low $5.25).

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 $106.78M by 6.21%. The company's net income was $66.5M, beating the average estimation of $61.45M by 8.20%. Apple's SG&A was $132.8M, beating the average forecast of $122.2M by 8.68%. 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 $23.89M by 8.71%. 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%