Stifel Maintains Buy on Badger Meter, Lowers Price Target to $165

Badger Meter Increases Dividend From $0.40/Share To $0.44/Share

Badger Meter, Inc. Investors Have Until August 3rd to Contact Bragar Eagel & Squire, P.C. Seeking Lead Plaintiff Role

A class action lawsuit has been filed against Badger Meter, Inc. for allegedly misleading investors about the source of its financial growth. The company claimed strong demand and favorable industry trends, but the lawsuit alleges results were actually driven by pulling forward customer orders that concealed weakening demand. The truth emerged through disappointing quarterly reports from July 2025 to April 2026, with the stock falling over 24% on April 17, 2026 after reporting a 9% sales decline and significant margin compression.

Barclays Maintains Underweight on Badger Meter, Raises Price Target to $112

Barclays analyst William Grippin maintains Badger Meter (NYSE:BMI) with a Underweight and raises the price target from $109 to $112.

Why Badger Meter Stock Is Plummeting 18% Lower This Week

Badger Meter's stock fell 18% this week after reporting mixed Q2 2026 earnings with 7% sales decline and 13% EPS drop, despite beating low expectations. The market was disappointed by flat 2026 sales guidance despite nine major utility projects scheduled for H2 2026 deployment. The analyst views the decline as a buying opportunity, citing the stock's shift from premium 42x FCF valuation to reasonable 24x FCF, and the company's strong long-term thesis in water infrastructure modernization.