1 Overlooked ETF to Invest in Small-Cap Tech Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 23 2024
0mins
Should l Buy BMI?
Source: NASDAQ.COM
Small-Cap Stocks Surge: Small-cap stocks, particularly represented by the Russell 2000 Index, have gained over 10% year-to-date due to rising expectations for an interest rate cut by the Federal Reserve, attracting investors seeking alternatives to high-valued mega-cap tech stocks.
Invesco S&P SmallCap Information Technology ETF (PSCT): The PSCT ETF focuses on small-cap tech companies and has shown potential for growth despite recent underperformance compared to larger indices; it offers a unique investment opportunity in the burgeoning small-cap tech sector with a competitive expense ratio.
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Analyst Views on BMI
Wall Street analysts forecast BMI stock price to rise
7 Analyst Rating
5 Buy
1 Hold
1 Sell
Moderate Buy
Current: 123.750
Low
157.00
Averages
214.86
High
243.00
Current: 123.750
Low
157.00
Averages
214.86
High
243.00
About BMI
Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its offerings, marketed as BlueEdge, include a suite of tailorable solutions that connect water management technology, software and support services to deliver insights enabling the proactive management of water across the water cycle. Its solutions include measurement and control hardware, connectivity and communication, data visualization and software-delivered actionable insights, and ongoing support to optimize customers' operations. Its measurement and control hardware, instruments and sensors include product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions including the ORION branded family of radio endpoints.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Disappointing Earnings: Badger Meter reported Q1 2026 earnings per share of $0.93, missing consensus estimates by $0.26, and revenue of $202.03 million, falling short of expectations by $28.58 million, indicating significant financial distress for the company.
- Sales Decline: The company's utility water sales dropped 10% year-over-year, attributed to project timing and weaker municipal customer orders, reflecting a decrease in market demand and operational challenges that could hinder future revenue growth.
- Stock Price Plunge: Following the earnings report, Badger Meter's stock price fell over 24%, which not only undermines investor confidence but may also lead to increased legal actions, raising the company's legal risks.
- Legal Investigation: Kessler Topaz Meltzer & Check, LLP is investigating potential violations of federal securities laws by Badger Meter, encouraging affected investors to contact attorneys to understand their legal rights, highlighting the potential legal repercussions the company faces.
See More
- Earnings Miss: Badger Meter reported Q1 2026 earnings per share of $0.93, missing consensus estimates by $0.26, and revenue of $202.03 million, falling short by $28.58 million, indicating significant financial pressure on the company.
- Sales Decline: The company disclosed a 10% year-over-year decline in utility water sales, attributed to project timing and weaker short-cycle municipal customer orders, reflecting a potential downturn in market demand that could impact future revenue growth.
- Stock Price Plunge: Following the earnings report, Badger Meter's stock price fell by $36.75, or 24.13%, closing at $115.54, signaling heightened investor concerns regarding the company's outlook.
- Legal Investigation: Pomerantz LLP is investigating whether Badger Meter and its executives engaged in securities fraud or other unlawful business practices, which could expose the company to legal risks and potential financial liabilities.
See More
- Acquisition Completed: Badger Meter announced the completion of its acquisition of UK-based UDlive, which is expected to enhance its competitiveness in the sewer monitoring market and drive global expansion.
- Product Integration: UDlive will be integrated into Badger Meter's BlueEdge® water management solutions, enhancing the product portfolio alongside SmartCover® and further solidifying market leadership in the U.S. and U.K.
- Market Expansion: By combining SmartCover's strong presence in the U.S. with UDlive's leadership in the U.K., Badger Meter aims to capture a larger share of the rapidly growing sewer monitoring market, addressing increasing regulatory demands.
- Technological Advantage: UDlive's hardware-enabled software solutions provide real-time insights into wastewater networks, improving operational efficiency and visibility, thus assisting utilities in navigating evolving regulatory expectations in resource-constrained environments.
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- Disappointing Earnings: Badger Meter reported Q1 2026 earnings per share of $0.93, missing consensus estimates by $0.26, and revenue of $202.03 million, falling short of expectations by $28.58 million, indicating a decline in the company's market competitiveness.
- Sales Decline: The company's utility water sales dropped 10% year-over-year, attributed to project timing and weaker municipal customer orders, which could adversely affect future revenue growth and market share.
- Stock Price Plunge: Following the disappointing financial results, Badger Meter's stock price fell over 24%, reflecting investor concerns about the company's financial health and potentially leading to further erosion of investor confidence.
- Legal Investigation: Kessler Topaz Meltzer & Check, LLP is investigating potential violations of federal securities laws by Badger Meter, suggesting that affected investors may have legal rights, indicating the company faces significant legal risks.
See More
- Earnings Miss: Badger Meter reported Q1 2026 earnings of $0.93 per share, missing consensus estimates by $0.26, with revenue of $202.03 million falling short by $28.58 million, indicating significant financial challenges for the company.
- Sales Decline: The company disclosed a 10% year-over-year decline in utility water sales, attributed to project timing and weaker municipal customer ordering, reflecting a potential decrease in market demand that could impact future revenue growth.
- Stock Price Plunge: Following the earnings report, Badger Meter's stock price dropped by $36.75, or 24.13%, closing at $115.54, indicating heightened investor concerns regarding the company's outlook.
- Legal Investigation: Pomerantz LLP is investigating whether Badger Meter and its executives engaged in securities fraud or other unlawful business practices, which could lead to further legal risks and financial repercussions.
See More
- Earnings Miss: Badger Meter reported Q1 2026 earnings of $0.93 per share, missing consensus estimates by $0.26, with revenue of $202.03 million falling short of expectations by $28.58 million, indicating significant financial strain on the company.
- Sales Decline: The company disclosed a 10% year-over-year decline in utility water sales, attributed to project timing and weaker short-cycle municipal customer orders, reflecting diminished market demand and potential operational challenges.
- Stock Plunge: Following the earnings report, Badger Meter's stock price fell by $36.75, or 24.13%, closing at $115.54, signaling heightened investor concerns regarding the company's future outlook.
- Legal Investigation: Pomerantz LLP is investigating whether Badger Meter has engaged in securities fraud or other unlawful business practices, which could further impact the company's reputation and shareholder confidence.
See More










