RBC keeps USD 162.00 target for Badger Meter stock

Published on 10/17/2026 at 19:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue fell 7.00 percent to USD 222.32 million. Badger Meter stock stood at USD 126.48 on October 16, 2026 versus USD 126.88.

Analyst view and upcoming results

RBC Capital analyst Jeff Reive set a USD 162.00 target on October 13, 2026.
Second-quarter revenue fell 7.00 percent to USD 222.32 million on June 30, 2026.
Badger Meter stock last stood at USD 126.48 at 4:00 p.m. ET on October 16, 2026, down 0.32 percent versus USD 126.88.
Badger Meter scheduled its third-quarter 2026 earnings release for October 22, 2026.

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Badger Meter (ISIN US0565251081) has a USD 162.00 price target from RBC Capital after analyst Jeff Reive maintained a Buy rating on October 13, 2026. The target is 28.08 percent above the company stock's USD 126.48 price on the New York Stock Exchange. Badger Meter last traded at USD 126.48 on October 16, 2026 at 4:00 p.m. ET, down 0.32 percent versus USD 126.88.

Revenue fell in the second quarter

The latest reported operating picture is weaker than the prior-year comparison. TipRanks said revenue for the quarter ended June 30, 2026 was USD 222.32 million, while net profit was USD 29.72 million. Revenue was USD 238.10 million in the prior-year quarter, making the decline 6.63 percent year over year.

Business Wire reported operating earnings of USD 39.40 million for the second quarter, down 12.00 percent from the prior year, with an operating margin of 17.70 percent versus 18.80 percent.

Stock sits above its yearly low

Badger Meter's USD 126.48 price was USD 14.39 above its 52-week low of USD 112.09 and 38.00 percent below its 52-week high of USD 204.00, both as of October 16, 2026. Trading volume was 308,114 shares against an average of 412,151, or 25.24 percent lower.

Valuation and the next date

The company had a market capitalization of USD 3.7 billion and a price-to-earnings ratio of 29.55 as of October 16, 2026. Badger Meter said it would release third-quarter 2026 results before the market opened on October 22, 2026, according to Business Wire.

Comparison with peers

Badger Meter (NYSE, USD): minus 0.32 percent, P/E 29.55, market capitalization USD 3.7 billion.

Itron (NASDAQ, USD): minus 2.04 percent, P/E 13.86, market capitalization USD 3.6 billion.

Mueller Water Products (NYSE, USD): plus 0.55 percent, P/E 15.44, market capitalization USD 3.4 billion.

The next reporting marker

The October 22 earnings release will provide the next dated test for revenue, profitability and the outlook. The current comparison combines a target above the latest stock price with a second-quarter revenue decline and a valuation above the two selected peers.