Badger Meter (NYSE:BMI) has acquired UK-based UDlive, a company specializing in hardware-enabled software solutions for sewer line monitoring. This acquisition, which integrates UDlive into Badger Meter's BlueEdge suite alongside SmartCover, aims to expand the company's footprint in the sewer monitoring market globally. Despite recent financial challenges, including lower-than-expected Q1 2026 earnings and subsequent price target reductions from analysts, InvestingPro analysis suggests Badger Meter's shares are undervalued, supported by its strong cash position.
Bronstein, Gewirtz & Grossman, LLC has launched an investigation into potential claims on behalf of purchasers of Badger Meter, Inc. (NYSE:BMI) securities. This follows Badger Meter's Q1 2026 financial results, which reported earnings and revenue below consensus estimates, causing a significant drop in the company's stock price. The firm encourages affected investors to contact them to learn more about the investigation and their options.
Badger Meter (NYSE: BMI) reported weaker-than-expected Q1 results, with sales down 9% to $202.3 million and diluted EPS falling to 93 cents. Despite these results, CEO Kenneth C. Bockhorst attributes the decline to project timing and customer order patterns rather than a change in underlying demand. Following the earnings announcement, several analysts revised their price targets for Badger Meter downwards.
