Badger Meter (BMI) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.24
- Estimate
- $1.22
- Surprise
- +1.8%
- Revenue (period 2026-09-30)
- $235.9M
- Score today
- 4.9/10
Revenue source: xbrl.
How the report landed
Badger Meter (BMI) beat the $1.22 estimate with adjusted EPS of $1.24 — a modest 1.8% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates BMI Sell at 4.9/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +1.8% surprise compares with a -5.7% four-quarter average. Next scheduled report: 2027-01-28.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.2 in RISK_OFF)
- Positive news sentiment (+1.00)
What argues against it
- Concentration risk — Product: Utility Water (89.0%)
- Concentration risk — Supplier: single suppliers for brass castings, resins, and electronic subassemblies
- Analyst target reached - limited upside remaining
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $147.65
- Stop
- $137.31
At 34.6× trailing and 30.0× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
BMI at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Scientific & Technical Instruments
- Market cap
- $4.34B
- P/E (fwd)
- 30.0
- P/E (ttm)
- 34.6
- 52-week range
- $112.09–$192.28
- Off 52-week high
- 23.2%
- RSI (14)
- 64
- Volume vs avg
- 0.05×
- Score today
- 4.9/10