Key statistics
Previous close$151.16
Open$148.40
Day high$155.18
Day low$147.66
52-week high$247.29
52-week low$112.09
Market cap4.36B
Volume394.35K
Average volume568.84K
P/E ratio34.13
Forward P/E—
EPS4.38
Dividend yield+1.07%
Market context
Why it moved
Badger Meter's stock declined as mounting securities class action lawsuit headlines intensified investor concern over alleged securities fraud, with multiple law firms reminding investors of the approaching August 3, 2026 lead plaintiff deadline and claims that the company misled shareholders about the sustainability of its financial results.
What is happening
Recent company-specific developments and publisher coverage.
July 17, 2026Badger Meter shares declined on the session, weighed down by mounting legal pressure as multiple law firms — including Faruqi & Faruqi and Robbins LLP — are circulating deadline reminders for a securities class action with an August 3, 2026 lead-plaintiff deadline. The lawsuit alleges the company concealed weakening demand and pulled forward customer orders to inflate results, with shares having plunged over 50% from their 2025 highs after a series of earnings misses. Analyst sentiment remains cautious with a Hold consensus and $155.71 average target, while valuation concerns persist as Simply Wall St flags the stock as trading above its estimated fair value on both P/E and cash flow metrics.-1.1114
July 17, 2026Badger Meter surged nearly 5% on above-average volume, reclaiming levels near its 52-week high before its dramatic April sell-off, even as securities class action lawsuits loom with an August 3 deadline. The bounce may reflect bargain-hunting and positioning ahead of Q2 2026 earnings, with insider buying by the CEO and CFO near the April lows offering some confidence, while analysts hold a cautious consensus with a $155.71 average price target and the stock still down roughly 39% from its year-ago highs.4.8412
July 16, 2026Badger Meter closed nearly 2% higher, with shares approaching their upcoming Q2 2026 earnings report expected on July 22nd—a critical catalyst given the company's persistent legal and operational headwinds. Multiple securities class action lawsuits alleging an 'order pull-forward' scheme continue to weigh on sentiment, with an August 3 lead-plaintiff deadline keeping litigation headlines active, while analysts maintain a cautious 'Hold' consensus and an average price target of ~$155.71. The rally came alongside a broader market lift from softer-than-expected CPI data, though shares slipped ~1.49% in after-hours trading, suggesting investors remain cautious ahead of what could be a pivotal earnings print.1.9228
July 15, 2026Badger Meter edged higher, recovering modestly after a prolonged downturn that has left shares down roughly 20% year-to-date. The stock continues to navigate a challenging backdrop defined by ongoing securities class action lawsuits — with an August 3 deadline looming — alleging the company misrepresented demand sustainability by pulling forward customer orders, which masked weakening fundamentals. Despite legal headwinds, institutional investors have been accumulating shares, and insider buying by both the CEO and CFO in April signals confidence in a recovery. The broader industrials sector provided a supportive backdrop, with a soft June CPI report lifting market sentiment.0.9563
July 14, 2026Badger Meter shares closed down roughly 3% Monday, underperforming the broader industrials sector (XLI essentially flat) amid a risk-off session driven by renewed U.S.-Iran tensions that sent oil prices surging and weighed on equities broadly. The stock faces persistent headwinds from an ongoing securities class action — with multiple law firms including Grabar Law Office actively investigating alleged misrepresentations around 'secular growth drivers' and order pull-forwards that allegedly masked weakening demand — while Barclays reiterated its Underweight rating and trimmed its price target to $109. Despite these legal and analyst pressures, institutional buyers have been accumulating, with Kornitzer Capital, Norges Bank, HSBC and others adding shares, and insider purchases by the CEO and CFO in April providing a modest confidence signal. The consensus analyst rating is Hold with an average target of $155.86, well above current levels, but with Q2 2026 earnings still pending, investors remain cautious about whether revenue trends have stabilized following a string of disappointing quarterly results.-2.8159
July 11, 2026Badger Meter closed modestly lower as a persistent legal overhang continues to weigh on sentiment, with Grabar Law Office and Robbins LLP among multiple law firms actively pursuing securities class action claims alleging the company masked weakening demand trends through pull-forward of customer orders — a story that unraveled through a series of disappointing quarterly results between mid-2025 and April 2026, including a Q1 2026 EPS miss of $0.26 with a stock plunge of over 24% on April 17. Despite insider buying by CEO Kenneth Bockhorst and VP Richard Htwe in April, and institutional accumulation from HSBC and Granite Investment Partners, analysts maintain a consensus Hold rating with a $155.86 average price target, while the August 3 lead-plaintiff deadline keeps legal uncertainty front and center.-0.5449
July 10, 2026Badger Meter closed modestly higher, edging up despite a backdrop of multiple active securities class action lawsuits alleging the company masked weakening demand trends through order pull-forwards—with a key plaintiff deadline approaching August 3. Meanwhile, Zacks upgraded the stock from 'strong sell' to 'hold,' providing a modest sentiment boost, while analyst consensus remains a mixed 'Hold' with an average price target of $155.86—above current levels. In after-hours trading, shares are extending gains to roughly +1.75%, outpacing the XLI industrials ETF's after-hours move of +0.76%, even as broader macro headwinds from renewed US-Iran tensions and rising oil prices weigh on risk sentiment.0.36
July 9, 2026Badger Meter declined nearly 1.8% amid a broad risk-off session driven by escalating U.S.-Iran tensions, with Trump declaring the interim peace deal 'over' and sending oil prices surging 5%+, weighing on industrials broadly. Compounding the pressure, multiple law firms issued fresh securities class action notices alleging the company masked weakening municipal water demand through order pull-forwards — legal overhang that continues to cloud the fundamental outlook alongside a mixed analyst consensus (Hold, $155.86 avg. target) and recent downgrades from Zacks and Wall Street Zen.-1.7881
MarketBeat · July 18, 2026Badger Meter, Inc. (NYSE:BMI) Given Average Recommendation of "Hold" by Analysts↗Simply Wall Street · July 17, 2026Badger Meter (BMI) Stock Looks Overvalued On Cash Flow And Earnings↗ Benzinga · July 13, 2026Barclays Maintains Underweight on Badger Meter, Lowers Price Target to $109Mt Newswire · May 14, 2026Badger Meter's Investor Day Likely to Show Growth Beyond Meter, RBC SaysMt Newswire · May 1, 2026Badger Meter Closes Acquisition of UDliveMt Newswire · April 24, 2026Badger Meter Keeps Quarterly Dividend at $0.40 a Share, Payable June 5 to Stockholders of Record May 22Mt Newswire · April 21, 2026Badger Meter Insider Bought Shares Worth $258,573, According to a Recent SEC FilingBenzinga · April 20, 2026What's Going on With Badger Meter On Monday?Mt Newswire · April 20, 2026Badger Meter Posts Underwhelming Q1 Miss Amid Revenue Air Pocket, RBC SaysBenzinga · April 20, 2026Badger Meter Analysts Slash Their Forecasts After Q1 Earnings
