Badger Meter, Inc. (BMI)

Badger Meter Stock Forecast

Stock Price Forecast

The 8 analysts that cover Badger Meter stock have a consensus rating of "Buy" and an average price target of $170.13, which forecasts a 39.41% increase in the stock price over the next year. The lowest target is $110 and the highest is $264.

Price Target: $170.13 (+39.41%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$110	$170.13	$169	$264
Change	-9.87%	+39.41%	+38.48%	+116.32%

Analyst Ratings

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

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	3	4	4	3	2	2
Buy	3	3	3	3	4	5
Hold	2	2	2	3	2	3
Sell	0	0	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	8	9	10	10	9	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tate Sullivan Maxim Group	Maxim Group	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Apr 23, 2026
Jeffrey Reive RBC Capital	RBC Capital	Buy Maintains $197 → $169	Buy	Maintains	$197 → $169	+38.48%	Apr 20, 2026
William Grippin Barclays	Barclays	Sell Maintains $136 → $110	Sell	Maintains	$136 → $110	-9.87%	Apr 20, 2026
Nathan Jones Stifel	Stifel	Strong Buy Maintains $174 → $140	Strong Buy	Maintains	$174 → $140	+14.72%	Apr 20, 2026
Quinn Fredrickson Baird	Baird	Buy Maintains $173 → $145	Buy	Maintains	$173 → $145	+18.81%	Apr 20, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

971.35M

Increased by 5.97%

from 916.66M

Revenue Next Year

1.04B

Increased by 7.17%

from 971.35M

EPS This Year

5.17

Increased by 7.87%

from 4.79

EPS Next Year

5.61

Increased by 8.56%

from 5.17

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	505.20M	565.57M	703.59M	826.56M	916.66M	971.35M	1.04B
Revenue Growth	18.72%	11.95%	24.40%	17.48%	10.90%	5.97%	7.17%
EPS	2.08	2.26	3.14	4.23	4.79	5.17	5.61
EPS Growth	23.08%	8.65%	38.94%	34.71%	13.24%	7.87%	8.56%
Forward PE	-	-	-	-	-	23.62	21.76
No. Analysts	-	-	-	-	-	15	15

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	1.0B	1.1B
Avg	971.4M	1.0B
Low	889.8M	925.1M

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	12.7%	14.2%
Avg	6.0%	7.2%
Low	-2.9%	-4.8%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	5.92	6.14
Avg	5.17	5.61
Low	4.70	4.66

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	23.6%	18.9%
Avg	7.9%	8.6%
Low	-1.8%	-9.9%

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.