Badger Meter stock plunges 24% after missing Q1 earnings and revenue estimates

Badger Meter reported disappointing Q1 2026 results, with earnings per share of $0.93 missing estimates by $0.26 and revenue of $202.03 million falling short by $28.58 million. The company also revealed a 10% decline in utility water sales due to project timing and weaker municipal orders. Following this, Badger Meter's stock dropped over 24%, prompting a securities fraud investigation by Kessler Topaz Meltzer & Check LLP on behalf of investors who suffered losses. Investors are encouraged to contact the law firm to discuss potential legal rights under federal securities laws.