Badger Meter, Inc. (BMI)

Badger Meter Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Badger Meter stock have an average target of 222, with a low estimate of 203 and a high estimate of 245. The average target predicts an increase of 5.59% from the current stock price of 210.25.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$203	$222	$218	$245
Change	-3.45%	+5.59%	+3.69%	+16.53%

Analyst Ratings

The average analyst rating for Badger Meter stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	2	2	2	2	2	3
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tate Sullivan Maxim Group	Maxim Group	Strong Buy Maintains $235 → $245	Strong Buy	Maintains	$235 → $245	+16.53%	Feb 3, 2025
Nathan Jones Stifel	Stifel	Hold Maintains $208 → $209	Hold	Maintains	$208 → $209	-0.59%	Feb 3, 2025
Nathan Jones Stifel	Stifel	Hold Maintains $203 → $208	Hold	Maintains	$203 → $208	-1.07%	Dec 11, 2024
Robert Mason Baird	Baird	Hold Maintains $184 → $203	Hold	Maintains	$184 → $203	-3.45%	Oct 18, 2024
Nathan Jones Stifel	Stifel	Hold Maintains $189 → $203	Hold	Maintains	$189 → $203	-3.45%	Oct 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

927.86M

Increased by 12.26%

from 826.56M

Revenue Next Year

1.01B

Increased by 8.64%

from 927.86M

EPS This Year

4.75

Increased by 12.39%

from 4.23

EPS Next Year

5.54

Increased by 16.60%

from 4.75

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	425.54M	505.20M	565.57M	703.59M	826.56M	927.86M	1.01B	1.13B
Revenue Growth	0.22%	18.72%	11.95%	24.40%	17.48%	12.26%	8.64%	11.71%
EPS	1.69	2.08	2.26	3.14	4.23	4.75	5.54	6.25
EPS Growth	4.97%	23.08%	8.65%	38.94%	34.71%	12.39%	16.60%	12.69%
Forward PE	-	-	-	-	-	44.22	37.93	33.66
No. Analysts	-	-	-	-	-	9	9	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028
High	989.5M	1.1B	1.2B
Avg	927.9M	1.0B	1.1B
Low	866.3M	940.1M	1.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	19.7%	16.1%	16.9%
Avg	12.3%	8.6%	11.7%
Low	4.8%	1.3%	7.6%

EPS Forecast

EPS	2025	2026	2027	2028
High	5.51	6.35	6.74
Avg	4.75	5.54	6.25
Low	4.28	5.01	5.83

EPS Growth

EPS Growth	2025	2026	2027	2028
High	30.3%	33.6%	21.6%
Avg	12.4%	16.6%	12.7%
Low	1.2%	5.3%	5.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.