Badger Meter Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Badger Meter stock has a consensus rating of "Buy" and an average price target of $147. The average 1-year stock price forecast is 16.18% higher than the current stock price, while the lowest is $110 (-13.06%) and the highest is $169 (+33.57%).

Price Target: $147 (+16.18%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$110	$147	$150	$169
Change	-13.06%	+16.18%	+18.55%	+33.57%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	4	4	3	4	4	4
Buy	3	3	3	3	3	3
Hold	5	5	6	5	5	5
Sell	0	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	12	13	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeff Reive RBC Capital	RBC Capital	Buy Maintains $169	Buy	Maintains	$169	+33.57%	May 22, 2026
Nathan Jones Stifel Nicolaus	Stifel Nicolaus	Buy Maintains $140	Buy	Maintains	$140	+10.65%	May 22, 2026
William Grippin Barclays	Barclays	Sell Maintains $110	Sell	Maintains	$110	-13.06%	May 22, 2026
Tate Sullivan Maxim Group	Maxim Group	Hold Downgrades n/a	Hold	Downgrades	n/a	n/a	Apr 23, 2026
Quinn Fredrickson Robert W. Baird	Robert W. Baird	Buy Maintains $173 → $145	Buy	Maintains	$173 → $145	+14.60%	Apr 20, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

920.16M

from 916.66M

0.38%

from 916.66M

Revenue Next Year

996.08M

from 920.16M

8.25%

from 920.16M

EPS This Year

4.61

from 4.79

-3.68%

from 4.79

EPS Next Year

5.19

from 4.61

12.39%

from 4.61

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	505.20M	565.57M	703.59M	826.56M	916.66M	920.16M
Revenue Growth	18.72%	11.95%	24.40%	17.48%	10.90%	0.38%
Gross Profit	205.48M	219.97M	276.44M	329.18M	382.07M	380.18M
Gross Margin	40.67%	38.89%	39.29%	39.83%	41.68%	41.32%
Operating Income	78.60M	87.17M	117.92M	157.89M	183.53M	177.13M
Net Income	60.88M	66.50M	92.60M	124.94M	141.63M	136.76M
EPS	-	-	-	-	4.79	4.61
EPS Growth	-	-	-	-	13.24%	-3.68%
Forward PE	53.35	43.77	44.52	44.37	33.12	27.43
Dividend / Share	0.76	0.85	0.99	1.22	1.48	1.67
Dividend Growth	-	11.84%	16.47%	23.23%	21.31%	12.67%
Free Cash Flow	64.28M	69.78M	76.24M	115.86M	138.41M	145.05M
No. Analysts	-	-	-	-	-	7

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	929.2M
Avg	920.2M
Low	905.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	1.4%
Avg	0.4%
Low	-1.3%

EPS Forecast

EPS	2026	2027	2028
High	4.90
Avg	4.61
Low	4.39

EPS Growth

EPS Growth	2026	2027	2028
High	2.3%
Avg	-3.7%
Low	-8.4%