Badger Meter, Inc. (BMI)
NYSE: BMI · IEX Real-Time Price · USD
191.95
+0.30 (0.16%)
May 8, 2024, 10:10 AM EDT - 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 169.25, with a low estimate of 142 and a high estimate of 180. The average target predicts a decrease of -11.83% from the current stock price of 191.95.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Badger Meter stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $147 → $175 | Hold | Maintains | $147 → $175 | -8.83% | Apr 19, 2024 |
| Baird | Baird | Hold Maintains $151 → $180 | Hold | Maintains | $151 → $180 | -6.23% | Apr 19, 2024 |
| Northcoast Research | Northcoast Research | Strong Sell → Hold Upgrades n/a | Strong Sell → Hold | Upgrades | n/a | n/a | Apr 18, 2024 |
| Stifel | Stifel | Hold Maintains $142 → $147 | Hold | Maintains | $142 → $147 | -23.42% | Jan 29, 2024 |
| Northcoast Research | Northcoast Research | Hold → Strong Sell Downgrades n/a | Hold → Strong Sell | Downgrades | n/a | n/a | Sep 29, 2023 |
Financial Forecast
Revenue This Year
771.14M
from 703.59M
Increased by 9.60%
Revenue Next Year
831.05M
from 771.14M
Increased by 7.77%
EPS This Year
3.57
from 3.14
Increased by 13.60%
EPS Next Year
3.94
from 3.57
Increased by 10.43%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 831.6M | 950.6M | 935.2M | 1.0B |
| Avg | 771.1M | 831.1M | 890.0M | 973.3M |
| Low | 718.3M | 739.9M | 854.2M | 944.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.2% | 23.3% | 12.5% | 13.7% |
| Avg | 9.6% | 7.8% | 7.1% | 9.4% |
| Low | 2.1% | -4.1% | 2.8% | 6.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.96 | 4.81 | 4.67 | 5.24 |
| Avg | 3.57 | 3.94 | 4.37 | 5.04 |
| Low | 3.33 | 3.43 | 4.13 | 4.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 26.1% | 34.8% | 18.6% | 19.8% |
| Avg | 13.6% | 10.4% | 11.0% | 15.2% |
| Low | 6.1% | -3.8% | 4.7% | 11.8% |
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.