Badger Meter Analysts Slash Their Forecasts After Q1 Earnings

Benzinga04-20

Badger Meter Inc (NYSE:BMI) on Friday reported weaker first-quarter results.

Sales dropped 9% to $202.3 million, missing estimates, while diluted EPS fell to 93 cents from $1.30, also below expectations.

"Our first quarter results were consistent with that expectation," said CEO Kenneth C. Bockhorst. "In our view, the year-over-year decline in revenue and associated operating leverage are related to variability in project timing and short-cycle customer order patterns and do not reflect a change in underlying demand, our competitive position, or the long-term market drivers for our business."

Seperately, Badger Meter also announced an agreement to acquire UK-based UDlive for $100 million plus contingent consideration, with closing expected by the end of April.

Badger Meter shares rose 1% to trade at $116.71 on Monday.

These analysts made changes to their price targets on Badger Meter following earnings announcement.

Baird analyst Quinn Fredrickson maintained Badger Meter with an Outperform rating and lowered the price target from $173 to $145.
Stifel analyst Nathan Jones maintained the stock with a Buy and lowered the price target from $174 to $140.
Barclays analyst William Grippin maintained Badger Meter with an Underweight rating and cut the price target from $136 to $110.
RBC Capital analyst Jeffrey Reive maintained the stock with an Outperform rating and lowered the price target from $197 to $169.

Considering buying BMI stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2628372430?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-20 23:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2628372430","market":"hk","top_or_hot":-1,"title":"Badger Meter Analysts Slash Their Forecasts After Q1 Earnings","media":"Benzinga","content":"<html><body><p><strong><a href=\"https://laohu8.com/S/BMI\">Badger Meter</a> Inc </strong>(NYSE:BMI) on Friday reported weaker first-quarter results.</p>\n<p>Sales dropped 9% to $202.3 million, missing estimates, while diluted EPS fell to 93 cents from $1.30, also below expectations.</p>\n<p>\"Our first quarter results were consistent with that expectation,\" said CEO Kenneth C. Bockhorst. \"In our view, the year-over-year decline in revenue and associated operating leverage are related to variability in project timing and short-cycle customer order patterns and do not reflect a change in underlying demand, our competitive position, or the long-term market drivers for our business.\"</p>\n<p>Seperately, Badger Meter also announced an agreement to acquire UK-based UDlive for $100 million plus contingent consideration, with closing expected by the end of April.</p>\n<p>Badger Meter shares rose 1% to trade at $116.71 on Monday.</p>\n<p>These analysts made changes to their price targets on Badger Meter following earnings announcement.</p>\n<ul>\n<li>Baird analyst Quinn Fredrickson maintained Badger Meter with an Outperform rating and lowered the price target from $173 to $145.</li>\n<li><a href=\"https://laohu8.com/S/SFB\">Stifel</a> analyst Nathan Jones maintained the stock with a Buy and lowered the price target from $174 to $140.</li>\n<li>Barclays analyst William Grippin maintained Badger Meter with an Underweight rating and cut the price target from $136 to $110.</li>\n<li>RBC Capital analyst Jeffrey Reive maintained the stock with an Outperform rating and lowered the price target from $197 to $169.</li>\n</ul>\n<p><strong>Considering buying BMI stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"425\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20110826/image-403-1024x425.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20110826/image-403-1024x425.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20110826/image-403-300x124.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20110826/image-403-768x318.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20110826/image-403.png 1247w\" width=\"1024\"/></figure>\n<p>Photo via Shutterstock</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Badger Meter Analysts Slash Their Forecasts After Q1 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBadger Meter Analysts Slash Their Forecasts After Q1 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2026-04-20 23:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong><a href=\"https://laohu8.com/S/BMI\">Badger Meter</a> Inc </strong>(NYSE:BMI) on Friday reported weaker first-quarter results.</p>\n<p>Sales dropped 9% to $202.3 million, missing estimates, while diluted EPS fell to 93 cents from $1.30, also below expectations.</p>\n<p>\"Our first quarter results were consistent with that expectation,\" said CEO Kenneth C. Bockhorst. \"In our view, the year-over-year decline in revenue and associated operating leverage are related to variability in project timing and short-cycle customer order patterns and do not reflect a change in underlying demand, our competitive position, or the long-term market drivers for our business.\"</p>\n<p>Seperately, Badger Meter also announced an agreement to acquire UK-based UDlive for $100 million plus contingent consideration, with closing expected by the end of April.</p>\n<p>Badger Meter shares rose 1% to trade at $116.71 on Monday.</p>\n<p>These analysts made changes to their price targets on Badger Meter following earnings announcement.</p>\n<ul>\n<li>Baird analyst Quinn Fredrickson maintained Badger Meter with an Outperform rating and lowered the price target from $173 to $145.</li>\n<li><a href=\"https://laohu8.com/S/SFB\">Stifel</a> analyst Nathan Jones maintained the stock with a Buy and lowered the price target from $174 to $140.</li>\n<li>Barclays analyst William Grippin maintained Badger Meter with an Underweight rating and cut the price target from $136 to $110.</li>\n<li>RBC Capital analyst Jeffrey Reive maintained the stock with an Outperform rating and lowered the price target from $197 to $169.</li>\n</ul>\n<p><strong>Considering buying BMI stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"425\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20110826/image-403-1024x425.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20110826/image-403-1024x425.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20110826/image-403-300x124.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20110826/image-403-768x318.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20110826/image-403.png 1247w\" width=\"1024\"/></figure>\n<p>Photo via Shutterstock</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BMI","symbol_name":"Badger Meter","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/04/51917049/badger-meter-analysts-slash-their-forecasts-after-q1-earnings","article_id":"2628372430","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2628372430","pubTimestamp":1776697776,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Badger Meter Inc (BMI) reported weaker Q1 results with sales dropping 9% and diluted EPS falling. Analysts lowered price targets on BMI stock.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"BMI":"Badger Meter"},"translate_title":"Badger Meter分析师在第一季度盈利后大幅下调预测","themeId":"11c8fbbf839f433c9d274cef5f173382","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BMI":1.5},"content_text":"Badger Meter Inc (NYSE:BMI) on Friday reported weaker first-quarter results.\nSales dropped 9% to $202.3 million, missing estimates, while diluted EPS fell to 93 cents from $1.30, also below expectations.\n\"Our first quarter results were consistent with that expectation,\" said CEO Kenneth C. Bockhorst. \"In our view, the year-over-year decline in revenue and associated operating leverage are related to variability in project timing and short-cycle customer order patterns and do not reflect a change in underlying demand, our competitive position, or the long-term market drivers for our business.\"\nSeperately, Badger Meter also announced an agreement to acquire UK-based UDlive for $100 million plus contingent consideration, with closing expected by the end of April.\nBadger Meter shares rose 1% to trade at $116.71 on Monday.\nThese analysts made changes to their price targets on Badger Meter following earnings announcement.\n\nBaird analyst Quinn Fredrickson maintained Badger Meter with an Outperform rating and lowered the price target from $173 to $145.\nStifel analyst Nathan Jones maintained the stock with a Buy and lowered the price target from $174 to $140.\nBarclays analyst William Grippin maintained Badger Meter with an Underweight rating and cut the price target from $136 to $110.\nRBC Capital analyst Jeffrey Reive maintained the stock with an Outperform rating and lowered the price target from $197 to $169.\n\nConsidering buying BMI stock? Here’s what analysts think: \n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2628372430","isCrawlerRequest":true}