Buy & Sell Badger Meter Inc (BMI) – Badger Meter Inc Price Today

Badger Meter (BMI) trades at $123.56, down significantly from recent highs following a weak Q1 2026 earnings report where EPS of $0.93 missed estimates by 22.5%. The stock hit a new 52-week low of $120.41 on April 18, 2026, reflecting investor disappointment. Despite recent misses in three of the last four quarters, the company maintains solid profitability with a 14.56% net margin and 19.6% ROE. Management attributes Q1 weakness to timing of large AMI project rollouts and remains confident in long-term growth, supported by the recent $100 million acquisition of UDlive to expand sewer monitoring capabilities.

The outlook is mixed: a strong fundamental business with high margins and a defensive water infrastructure market faces near-term execution uncertainty. The 33% upside to the consensus price target of $156.71 presents opportunity if project timing improves, but risks include continued earnings volatility and multiple law firm investigations into potential securities claims announced in late April 2026.