Badger Meter (BMI) Could Be 13% Undervalued Following Buybacks And Q2 Results
Badger Meter (BMI) has just completed a US$60.26 million share repurchase program and reported second quarter 2026 results. This gives investors fresh information on both capital allocation and recent operating performance.
See our latest analysis for Badger Meter.
Badger Meter’s share price has moved sharply around recent earnings and buyback news, with a 6.36% 7 day share price return and a 10.14% 90 day share price return, while the 1 year total shareholder return is down 25.12%, indicating fading long term momentum despite shorter term strength.
If Badger Meter’s recent swings have you thinking about other opportunities in water and infrastructure technology, it can be useful to scan 35 power grid technology and infrastructure stocks
Badger Meter looks like a solid water technology business, yet the stock has swung between weakness over the past year and a recent bounce after buybacks and earnings. So are you paying a fair price for that quality today?
Most Popular Narrative: 13.4% Undervalued
Badger Meter’s most followed valuation narrative puts fair value at $155.11 compared with the last close of $134.35, which points to upside if those assumptions hold and uses an 8.69% discount rate to get there.
The increasing emphasis on water conservation and sustainable infrastructure is driving elevated demand from utilities for advanced metering and monitoring solutions; Badger Meter's continued success with its BEACON SaaS platform, BlueEdge suite, and recent SmartCover acquisition positions the company to capture a larger share of this growing market, supporting high single-digit revenue growth targets over the long run.
Want to see what sits behind that water infrastructure story for Badger Meter? The narrative leans heavily on sustained revenue expansion, margin improvement and a richer earnings multiple that all need to line up.
Result: Fair Value of $155.11 (UNDERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, Badger Meter’s story can change quickly if AMI project rollouts slip, or if legal actions around past disclosures lead to higher costs or distraction for management.
Find out about the key risks to this Badger Meter narrative.
Next Steps
The mixed tone around Badger Meter might leave you curious rather than convinced, so check the latest figures yourself and decide quickly where you stand. To weigh the optimism against the risks in a structured way, take a closer look at the 2 key rewards.
Looking for more investment ideas beyond Badger Meter?
If you stop with Badger Meter, you might miss other stocks that fit your style. Let the Simply Wall Street Screener surface ideas that match your priorities.
- Target potential mispricings by hunting for companies that look attractively valued on both quality and price using the 55 high quality undervalued stocks.
- Build a portfolio with income in mind by focusing on robust payers through the 9 dividend fortresses.
- Dial down risk by zeroing in on companies that score well on resilience and financial strength with the 81 resilient stocks with low risk scores.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com