NYSE: BMI

Badger Meter (BMI) Stock Analysis & Forecast

Oct 12 close

$132.39+1.01 (+0.8%)

Gekko Brief

AI summaryOct 12 close

Badger Meter's week centers on the launch of OneNetwork, a new platform extending the company's BlueEdge software stack to unify water utility data. Coverage frames this as a long-term strategic move with limited near-term earnings impact, while attention also builds ahead of the Q3 2026 report, following a Q2 marked by a 7% annual sales decline to $222.3 million and a 110 basis point drop in operating margin to 17.7%, partly offset by a 9% sequential improvement in base sales. Options traders have noted surging implied volatility on BMI contracts, pointing to expectations of a significant price move.

Shares close at $132.39, up 0.8%, sitting between the 50-day average of $131.18 and the 200-day average of $141.12. The GekkoIndex reads 54.7, placing BMI in the Neutral zone, down from a five-day change of -7.8. The stock trades 24.8% below Gekko Fair Value of $175.97, a gap that has drawn analyst attention, with consensus target at $156.67 implying 18.3% upside among 8 firms (6 buy, 1 hold, 1 sell).

The next 20 trading days bring the Q3 earnings report on 22 October, 10 days away, historically a volatile event with an average absolute reaction of 11.9% and a -15.5% move after the last report. One insider purchase totaling $101,572 occurred in the past 90 days. Seasonally, this calendar stretch has averaged a 7.2% gain over 5 years, positive in 4 of them.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Badger Meter price vs fair value

$175.97$132.39Oct ’25Apr ’26Oct ’26
Close $132.39200-day averageGekko Fair Value $175.97

Badger Meter quick facts

Market cap
$3.84B
P/E ratio
29
Forward P/E
26.2
EPS, TTM
$4.28
Revenue, TTM
$881.0M
Profit margin
14.3%
Dividend yield
1.29%
Beta
0.64
Volume
265,185 avg 418,932
1-year return
−23.7%
Typical daily move
±3.3%
Typical 20-day move
±5.1%
50-day average
$131.18
200-day average
$141.12
Next earnings
Oct 22
Shares outstanding
28.99M
52-week range
$112.09$204.00

Badger Meter swing-trade checklist

Badger Meter scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $132.39 sits between the 50-day ($131.18) and 200-day ($141.12) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    54.7, Neutral

    Reading 54.7 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    24.8% below

    Price is 24.8% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 1 open-market insider purchase.

    See smart money
  • Earnings riskheadwind

    Reports in 10 days

    Reports on Oct 22, 2026, 10 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +7.2% on average

    From this point in the calendar, the next 20 trading days averaged +7.2% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Badger Meter stock chart and price history

Badger Meter closed at $132.39 on Oct 12, 2026, −23.7% over the past year, inside a 52-week range of $112.09 to $204.00.

Close50-day average200-day averageVolume
Badger Meter share price, past year, with 50-day and 200-day moving averages and volume$120$140$160$180$200NovDecJan 2026FebMarAprMayJunJulAugSepOct132.39

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+5.8%
3 months
−6.4%
6 months
−17.8%
1 year
−23.7%
The full BMI chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open BMI in Gekko

Follow Badger Meter through every session

Put BMI on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Badger Meter

Badger Meter designs equipment and systems that measure and manage the flow of liquids and gases, with a strong focus on water. It makes conventional and advanced meters for municipal water utilities, alongside devices such as valves and sensing tools used to track substances like water, air, steam, oil and other liquids and gases moving through pipes and pipelines. The company is also known for its ORION line of automatic meter reading technologies and its BEACON cloud-based analytics platform, which gives users alerts and tools to monitor water consumption.

Its instrumentation is used by original equipment manufacturers as components within their own products, and also serves applications in water and wastewater treatment, HVAC systems and broader sustainability efforts. Badger Meter reaches customers, including water utilities and industrial clients, both through direct sales and through resellers and manufacturer representatives, and it operates across North America, Europe, Asia and the Middle East.

Badger Meter was founded in 1905 and is headquartered in Milwaukee, Wisconsin. Its shares are listed on the NYSE under the ticker BMI.

Listed
NYSE
Sector
Producer manufacturing
Industry
Industrial machinery
Website
badgermeter.com

Badger Meter GekkoIndex: the smart money zone

Badger Meter’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 54.7, in the Neutral zone, down 7.8 points over five sessions.

010054.7Neutral

Down 7.8 points over five sessions, from the Accumulation zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying40+1.5%+4.1%+4.1%+9.2%
Accumulation268+1.1%+1.1%+1.8%+1.5%
Neutral (current zone)345−1.0%−1.3%−1.7%−2.5%
Distribution270.0%+1.1%−0.4%0.0%
Selling2Too few readings yet

Average BMI share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the BMI price, zone by zone.Track BMI in Gekko

Is Badger Meter stock overvalued? Gekko Fair Value

Badger Meter trades 24.8% below Gekko Fair Value of $175.97, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Badger Meter shares are worth, recalculated every trading day.

$175.97

Gekko Fair Value, Oct 9, 2026

24.8% Undervalued

At the end of Aug 2026 the price was 30.6% below the estimate.

Gekko Fair ValueShare price, month end
$176$128Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open BMI in Gekko

Badger Meter insider and Congress trading

Insiders filed 1 open-market purchase in Badger Meter worth $102K, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$102Kin 1 open-market purchase

FiledInsiderTypeSharesValue
Jul 31Edward F. Callahan
VP-Engineering
Purchase751$102K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in BMI were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for BMI, plotted on the chart in Gekko.Open BMI in Gekko

Buybacks

Badger Meter has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$25.25M
As a share of market cap
0.66%

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds BMI.

1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Badger Meter earnings: next date and track record

Badger Meter reports on Oct 22, 2026 (10 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±11.9%average move across the report
2 of 8reports followed by a gain

Share-price move across each report

−5.5%Oct ’24+3.4%Jan ’25+8.7%Apr ’25−21.7%Jul ’25−2.6%Oct ’25−12.2%Jan ’26−25.5%Apr ’26−15.5%Jul ’26

Last earnings call, Jul 22, 2026 AI summary

What they said
BMI reported Q2 2026 total sales of $222.3 million, down 7% year-over-year, with base sales declining 7.5% excluding the UDlive acquisition. Diluted EPS fell 13% to $1.02, with operating margins down 110 basis points to 17.7%. Sequentially, base sales improved 9% from Q1 as AMI projects began shipping. Flow instrumentation rose 6% year-over-year. The company repurchased $25.3 million in shares and maintains $90 million remaining authorization.
Guidance
Management reaffirmed full-year 2026 organic revenue expected to be roughly flat with 2025 levels, with improving sequential top-line results anticipated through year-end. Full-year free cash flow conversion is targeted above 100% of net earnings.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 22, 2026$1.02
est $1.01
+1.0%$222.3M
est $220.6M
+0.8%−15.5%
Apr 17, 2026$0.93
est $1.22
−23.8%$202.3M
est $229.6M
−11.9%−25.5%
Jan 28, 2026$1.14
est $1.15
−0.9%$220.7M
est $231.3M
−4.6%−12.2%
Oct 21, 2025$1.19
est $1.14
+4.4%$235.7M
est $231.8M
+1.6%−2.6%
Jul 22, 2025$1.12
est $1.19
−5.9%$238.1M
est $232.7M
+2.3%−21.7%
Apr 17, 2025$1.30
est $1.07
+21.5%$222.2M
est $220.7M
+0.7%+8.7%
Jan 31, 2025$1.04
est $1.01
+3.0%$205.2M
est $212.7M
−3.5%+3.4%
Oct 17, 2024$1.08
est $1.11
−2.7%$208.4M
est $212.1M
−1.7%−5.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Badger Meter stock forecast and analyst price targets

Analysts’ average 12-month price target for Badger Meter is $156.67, +18.3% from the last close, from 8 firms rating the stock in the last 90 days.

$156.67consensus 12-month target, +18.3% from the last close
Low $112High $170
Buy6
Hold1
Sell1

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 18Northcoast ResearchBuy, upgraded$148+11.8%
Aug 3J.P. MorganBuy, maintained$170+28.4%
Jul 28Stifel NicolausBuy, maintained$165+24.6%
Jul 27BarclaysSell, maintained$112−15.4%
Jul 23Maxim GroupHold, maintained——
−1.7%average 20-day move after past Neutral readings
+7.2%average move over the next 20 trading days in the last 5 years
±3.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Badger Meter seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Badger Meter averaged +7.2% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+9.3%2021+20.5%2022+0.3%2023−1.5%2024+8.6%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.5%3 of 5
Next 10 trading days+1.3%3 of 5
Next 15 trading days+2.6%3 of 5
Next 20 trading days+7.2%4 of 5
Next 30 trading days+6.6%4 of 5

For scale, BMI’s typical 20-trading-day move in either direction is about 5.1%.

Badger Meter market cap and key statistics

Badger Meter’s market cap is $3.84B, with a P/E ratio of 29 and revenue of $881.0M over the last twelve months.

Valuation

Market cap
$3.84B
P/E ratio
29
Forward P/E
26.2
EPS, TTM
$4.28
Gekko Fair Value
$175.97

Trading

Volume
265,185
Avg volume, 20 days
418,932
52-week high
$204.00
52-week low
$112.09
Shares outstanding
28.99M

Financials

Revenue, TTM
$881.0M
Profit margin
14.3%
Return on equity
18.5%
Quarterly earnings growth, YoY
−12.8%

Risk and income

Beta
0.64
Typical daily move
±3.3%
Typical 20-day move
±5.1%
Dividend yield
1.29%

Badger Meter stock news this week

Coverage of Badger Meter this week reads positive: 5 positive, 1 neutral and 0 negative headlines.

News sentiment positive

Badger Meter peers

Badger Meter’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
AMATApplied Materials−0.7%Neutral9.5% below
LRCXLam Research−1.7%Neutral4.7% above
PHParker-Hannifin−0.1%Neutral2.7% above
TTTrane Technologies+0.5%Neutral19.6% above
JCIJohnson Controls International−1.0%Neutral14.4% above
CARRCarrier Global+0.1%Accumulation4.0% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Badger Meter stock FAQ

What is Badger Meter’s market cap?

Badger Meter’s market cap is $3.84B at the Oct 12, 2026 close of $132.39, with 28.99M shares outstanding. The shares trade on a P/E ratio of 29.

What is the Badger Meter stock forecast?

The consensus analyst 12-month price target for Badger Meter is $156.67, +18.3% from the last close. Of the 8 firms that rated the stock in the last 90 days, 6 rate it a buy, 1 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Badger Meter stock overvalued or undervalued?

On Gekko’s estimate Badger Meter is undervalued: the Oct 12, 2026 close of $132.39 is 24.8% below Gekko Fair Value of $175.97. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Badger Meter report earnings next?

Badger Meter is expected to report on Oct 22, 2026 (10 days away). Analysts expect earnings of $1.23 per share on revenue of $240.4M. Badger Meter beat the earnings estimate in 4 of its last 8 reports, moving 11.9% on average across the report.

What is Badger Meter’s 52-week high and low?

Badger Meter’s 52-week high is $204.00 and its 52-week low is $112.09; it closed at $132.39 on Oct 12, 2026, −23.7% over the past year. Over the last five years the shares peaked at $256.08 on Jun 3, 2025.

Is Badger Meter stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (fair value, smart money and seasonality), 2 as mixed (trend and gekkoindex) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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