Badger Meter, Inc. (NYSE:BMI) Financial Performance Analysis

• Badger Meter, Inc. (NYSE:BMI) receives a price target of $215 from Stifel Nicolaus, indicating a potential upside of 21.23%.
• Q3 2025 sales rose to $235.7 million, a 13% increase year-over-year, with operating earnings up 13% to $46.1 million.
• Despite strong financial performance, BMI's stock price has decreased by 5.37%, highlighting some market volatility.

Badger Meter, Inc. (NYSE:BMI) specializes in flow measurement and control technologies, offering solutions for water utilities, municipalities, and industrial customers. Nathan Jones from Stifel Nicolaus recently set a price target of $215 for BMI, suggesting a potential upside of 21.23% from its current trading price of $177.35. This upgrade from Hold to Buy, as highlighted by TheFly, reflects growing confidence in the company's performance.

In the third quarter of 2025, Badger Meter reported total sales of $235.7 million, a 13% increase from the previous year's $208.4 million. Base sales also grew by 8% year-over-year, reaching $224.5 million. These figures indicate strong demand for Badger Meter's products and services, supporting the positive outlook from Stifel Nicolaus.

Operating earnings for Badger Meter rose by 13% to $46.1 million, with operating profit margins slightly improving to 19.6% from 19.5% in the same quarter last year. Base operating earnings increased by 15%, reaching $46.6 million. These improvements in profitability metrics further justify the upgraded Buy rating from Stifel Nicolaus.

Despite the positive financial results, BMI's stock price has decreased by 5.37%, or $10.06, to $177.35. The stock has fluctuated between a low of $176.04 and a high of $204 during the day. Over the past year, BMI has experienced a high of $256.08 and a low of $162.17, indicating some volatility in its stock performance.

Badger Meter's market capitalization is approximately $5.23 billion, with a trading volume of 1,209,410 shares on the NYSE. This level of market activity suggests that investors are closely monitoring the company's performance and potential for growth, especially in light of the recent upgrade and strong financial results.

• The consensus price target for Badger Meter, Inc. (NYSE:BMI) has decreased to $206.50 from a high of $225.00, reflecting a potential shift in analyst sentiment.
• Despite a 10% increase in sales, Badger Meter's earnings per share (EPS) fell short of expectations, leading to a 2.3% decline in stock price.
• Badger Meter has increased its dividend by 17.6%, signaling confidence in its financial health and future prospects.

Badger Meter, Inc. (NYSE:BMI) is a leading entity in the flow measurement and control solutions sector, catering to a wide array of industries such as municipal water utilities and HVAC systems. The company's diverse product range includes mechanical and static water meters, flow instrumentation, and advanced metering analytics, serving both domestic and international markets.

The consensus price target for Badger Meter has experienced fluctuations over the past year. Initially, the average target was $221.25, which later increased to $225.00 in the last quarter. However, it has recently seen a decrease to $206.50. This reduction may indicate a change in analyst sentiment, potentially influenced by the company's recent earnings performance. Despite a 10% increase in sales, Badger Meter's earnings per share (EPS) fell short of expectations, leading to a 2.3% decline in stock price, as highlighted by Zacks.

Broader market conditions also significantly influence analyst expectations. Variations in interest rates or the economic outlook can affect price targets. Despite these challenges, Badger Meter remains a high-quality business with strong revenue growth and expanding profit margins. The company recently increased its dividend by 17.6%, indicating confidence in its financial health and future prospects.

Company announcements and industry trends are additional factors that influence analyst sentiment. Badger Meter's management anticipates continued year-over-year growth, supported by synergies from SmartCover. Analyst Kristina Ruggeri from Argus Research has set a price target of $218 for BMI, suggesting potential growth from its current position. Investors are closely monitoring how the company will navigate upcoming challenges and opportunities.

Badger Meter is set to release its third-quarter 2025 earnings report on October 21, 2025. The company will host an earnings conference call, providing further insights into its performance and future outlook. Investors and analysts will be keen to assess the impact of recent developments on the company's stock performance and consensus price target.

• Nathan Jones from Stifel Nicolaus sets a price target of $224 for NYSE:BMI, indicating a potential upside of 13.23%.
• BMI's Q2 2025 earnings call highlighted by key executives and analysts, showcasing the company's financial health and market position.
• The stock has shown volatility with a current price decrease to $194.99, amidst a trading range over the past year from $162.17 to $256.08.

Badger Meter, Inc. (NYSE:BMI) is a leading company in the water technology industry, specializing in the manufacture of flow measurement and control products. These products are crucial for water utilities, municipalities, and industrial customers, positioning BMI as a competitive entity against firms like Xylem and IDEX Corporation. On July 23, 2025, Nathan Jones from Stifel Nicolaus set a price target of $224 for BMI, suggesting a potential upside of 13.23% from its trading price of $197.83 at that time.

The day before this announcement, BMI held its Q2 2025 earnings conference call. Key figures such as Kenneth Bockhorst, the Chairman, President & CEO, and Robert Wrocklage, the Senior VP & CFO, provided insights into the company's financial performance. Analysts, including Nathan Jones, participated in the call, highlighting the importance of the event for investors and stakeholders.

Currently, BMI's stock is priced at $194.99, showing a decrease of 4.79% or $9.80. The stock has experienced fluctuations, with a daily low of $194.9 and a high of $226.32. Over the past year, BMI's stock has ranged from a low of $162.17 to a high of $256.08, indicating significant volatility in its market performance.

BMI's market capitalization is approximately $5.74 billion, reflecting its size and influence in the industry. The trading volume on the NYSE is 122,909 shares, which provides insight into the stock's liquidity and investor interest. These metrics are crucial for investors considering BMI as a potential investment opportunity.

Badger Meter, Inc. (NYSE:BMI) is a global leader in the manufacturing and marketing of flow measurement, quality, control, and communication solutions. Their products are essential in sectors like municipal water utilities and industrial applications. The company offers a diverse range of products, including mechanical and static water meters, flow instrumentation products, and advanced metering analytics solutions.

The consensus price target for BMI's stock has shown a positive trend over the past year. Last month, the average price target was $233, slightly lower than the last quarter's $236.5, but higher than last year's $221.67. This upward trend suggests growing confidence among analysts in BMI's market position and potential for future growth.

BMI is experiencing favorable earnings estimate revisions, which could lead to a positive surprise in the upcoming earnings season. The company has a positive Zacks Earnings ESP, indicating potential upside in its earnings report. Analyst Kristina Ruggeri from Argus Research has set a price target of $218 for BMI, reflecting a positive outlook for the company's stock performance.

BMI has a strong track record of surpassing earnings expectations, and it appears well-positioned to do so again in its upcoming quarterly report. The company is believed to have the right combination of factors that could lead to an earnings beat. This confidence is echoed by Kristina Ruggeri's price target of $218, indicating optimism in BMI's future performance.

Investors should keep an eye on any announcements regarding new product developments, strategic partnerships, or financial results that could influence analysts' perceptions and future price targets. Updates on BMI's expansion into new markets or advancements in their technology offerings could also impact the stock's target price. As highlighted by Zacks, BMI is among the computer and technology stocks poised to outperform quarterly earnings estimates.

Stifel raised its price target on Badger Meter (NYSE:BMI) to $200, up from $196, while keeping a Hold rating on the stock. The firm highlighted continued strong momentum in the adoption of advanced metering infrastructure (AMI), which remains a key secular growth driver for the company.

Despite recent tariff developments, management has reported minimal impact so far, though a more noticeable effect is expected in the second quarter of 2025. Notably, the company has yet to implement any pricing adjustments, suggesting confidence that potential cost increases will be manageable. The biggest exposure appears to be electronics sourced from China, though Badger’s Mexico facility largely meets USMCA requirements, which may help offset supply chain pressures.

Stifel raised its price target on Badger Meter (NYSE:BMI) to $200, up from $196, while keeping a Hold rating on the stock. The firm highlighted continued strong momentum in the adoption of advanced metering infrastructure (AMI), which remains a key secular growth driver for the company.

Despite recent tariff developments, management has reported minimal impact so far, though a more noticeable effect is expected in the second quarter of 2025. Notably, the company has yet to implement any pricing adjustments, suggesting confidence that potential cost increases will be manageable. The biggest exposure appears to be electronics sourced from China, though Badger’s Mexico facility largely meets USMCA requirements, which may help offset supply chain pressures.