Badger Meter, Inc. (BMI)

Badger Meter Stock Forecast

Stock Price Forecast

The 8 analysts that cover Badger Meter stock have a consensus rating of "Strong Buy" and an average price target of $231.63, which forecasts a 25.34% increase in the stock price over the next year. The lowest target is $205 and the highest is $264.

Price Target: $231.63 (+25.34%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$205	$231.63	$235	$264
Change	+10.93%	+25.34%	+27.16%	+42.86%

Analyst Ratings

The average analyst rating for Badger Meter stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	3	3	3	3	3	4
Buy	1	1	2	3	3	3
Hold	3	3	3	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	8	8	8	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Ko Jefferies	Jefferies	Strong Buy Initiates $220	Strong Buy	Initiates	$220	+19.05%	Dec 12, 2025
Michael Fairbanks JP Morgan	JP Morgan	Buy Maintains $240 → $235	Buy	Maintains	$240 → $235	+27.16%	Dec 8, 2025
Jeffrey Reive RBC Capital	RBC Capital	Buy Maintains $264 → $229	Buy	Maintains	$264 → $229	+23.92%	Oct 22, 2025
Nathan Jones Stifel	Stifel	Hold → Strong Buy Upgrades $208 → $215	Hold → Strong Buy	Upgrades	$208 → $215	+16.34%	Oct 22, 2025
Robert Mason Baird	Baird	Hold Maintains $219 → $205	Hold	Maintains	$219 → $205	+10.93%	Oct 20, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

936.39M

Increased by 13.29%

from 826.56M

Revenue Next Year

1.02B

Increased by 8.40%

from 936.39M

EPS This Year

4.86

Increased by 14.89%

from 4.23

EPS Next Year

5.47

Increased by 12.61%

from 4.86

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	425.54M	505.20M	565.57M	703.59M	826.56M	936.39M	1.02B
Revenue Growth	0.22%	18.72%	11.95%	24.40%	17.48%	13.29%	8.40%
EPS	1.69	2.08	2.26	3.14	4.23	4.86	5.47
EPS Growth	4.97%	23.08%	8.65%	38.94%	34.71%	14.89%	12.61%
Forward PE	-	-	-	-	-	38.03	33.77
No. Analysts	-	-	-	-	-	13	13

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	978.6M	1.1B
Avg	936.4M	1.0B
Low	903.6M	963.3M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	18.4%	13.9%
Avg	13.3%	8.4%
Low	9.3%	2.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	5.41	6.67
Avg	4.86	5.47
Low	4.57	5.04

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	27.8%	37.2%
Avg	14.9%	12.6%
Low	8.0%	3.7%

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.