Badger Meter, Inc. (BMI)
NYSE: BMI · Real-Time Price · USD
220.46
+3.71 (1.71%)
Nov 21, 2024, 11:03 AM EST - Market open

Badger Meter Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Badger Meter stock have an average target of 214.75, with a low estimate of 203 and a high estimate of 235. The average target predicts a decrease of -2.59% from the current stock price of 220.46.

Analyst Consensus: Buy
Target Low Average Median High
Price $203 $214.75 $218 $235
Change -7.92% -2.59% -1.12% +6.60%
* Price targets were last updated on Oct 18, 2024.

Analyst Ratings

The average analyst rating for Badger Meter stock from 5 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 211222
Buy 000000
Hold 433333
Sell 000000
Strong Sell 000000
Total 644555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Baird
Baird
Hold
Maintains
$184$203
Hold Maintains $184$203 -7.92% Oct 18, 2024
Stifel
Stifel
Hold
Maintains
$189$203
Hold Maintains $189$203 -7.92% Oct 16, 2024
Seaport Global
Seaport Global
Strong Buy
Initiates
$235
Strong Buy Initiates $235 +6.60% Sep 11, 2024
Argus Research
Argus Research
Strong Buy
Maintains
$204$218
Strong Buy Maintains $204$218 -1.12% Jul 23, 2024
Baird
Baird
Hold
Maintains
$180$184
Hold Maintains $180$184 -16.54% Jul 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
831.28M
from 703.59M
Increased by 18.15%
Revenue Next Year
902.38M
from 831.28M
Increased by 8.55%
EPS This Year
4.31
from 3.14
Increased by 37.12%
EPS Next Year
4.95
from 4.31
Increased by 14.88%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
424.63M425.54M505.20M565.57M703.59M831.28M902.38M967.92M
Revenue Growth
-2.10%0.22%18.72%11.95%24.40%18.15%8.55%7.26%
EPS
1.611.692.082.263.144.314.955.28
EPS Growth
69.47%4.97%23.08%8.65%38.94%37.12%14.88%6.80%
Forward PE
-----51.2044.5741.74
No. Analysts -----885
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 873.6M 965.0M 1.0B
Avg 831.3M 902.4M 967.9M
Low 801.4M 857.6M 926.0M

Revenue Growth

Revenue Growth 2024202520262027
High
24.2%
16.1%
14.8%
Avg
18.1%
8.6%
7.3%
Low
13.9%
3.2%
2.6%

EPS Forecast

EPS 2024202520262027
High 4.88 6.41 5.80
Avg 4.31 4.95 5.28
Low 4.08 4.41 4.90

EPS Growth

EPS Growth 2024202520262027
High
55.5%
48.8%
17.2%
Avg
37.1%
14.9%
6.8%
Low
29.8%
2.4%
-0.9%
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.