Badger Meter Stock Plummets Amid Lawsuit Allegations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 45 minutes ago
0mins
Source: Globenewswire
- Stock Price Collapse: Badger Meter's shares plummeted over 24% on April 17, 2026, losing $36.75 per share, reflecting a stark reality of a 9% year-over-year sales decline and a 10% drop in utility water revenue, severely impacting investor confidence.
- Promise vs. Reality: Despite Badger Meter's assurances of achieving 'high single-digit average revenue growth' from 2024 to early 2025, actual sales in Q1 2026 fell, revealing a significant gap between management's optimistic market demand outlook and actual performance.
- Deteriorating Profitability: The company's operating margin contracted from 22.2% to 17.4% in Q1 2026, while earnings per share (EPS) dropped from $1.30 in 2025 to $0.93, marking a 28% decline, indicating serious challenges to profitability.
- Lawsuit Allegations: The lawsuit alleges that Badger Meter's 'record' results during the reporting period were not due to genuine demand growth but rather inflated by pulling forward customer orders, leading to a depletion of future revenues and exposing investors to significant loss risks.
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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: 140.880
Low
157.00
Averages
214.86
High
243.00
Current: 140.880
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.
Badger Meter Stock Plummets Amid Lawsuit Allegations
- Stock Price Collapse: Badger Meter's shares plummeted over 24% on April 17, 2026, losing $36.75 per share, reflecting a stark reality of a 9% year-over-year sales decline and a 10% drop in utility water revenue, severely impacting investor confidence.
- Promise vs. Reality: Despite Badger Meter's assurances of achieving 'high single-digit average revenue growth' from 2024 to early 2025, actual sales in Q1 2026 fell, revealing a significant gap between management's optimistic market demand outlook and actual performance.
- Deteriorating Profitability: The company's operating margin contracted from 22.2% to 17.4% in Q1 2026, while earnings per share (EPS) dropped from $1.30 in 2025 to $0.93, marking a 28% decline, indicating serious challenges to profitability.
- Lawsuit Allegations: The lawsuit alleges that Badger Meter's 'record' results during the reporting period were not due to genuine demand growth but rather inflated by pulling forward customer orders, leading to a depletion of future revenues and exposing investors to significant loss risks.
See More
Class Action Lawsuit Reminder Against Badger Meter, Inc.
- Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Badger Meter, Inc. (NYSE:BMI) for securities transactions between April 18, 2024, and April 16, 2026, urging investors to contact the firm by August 3, 2026, to participate.
- False Statement Allegations: The complaint alleges that Badger Meter made false and misleading statements regarding its financial performance, claiming it was based on 'secular growth drivers' and 'solid operating execution,' while in reality, it relied on pulling forward customer orders to recognize revenue prematurely.
- Market Reaction Impact: When the market learned the truth about Badger Meter's performance, investors suffered damages, indicating that the company's public statements were false and materially misleading throughout the class period, likely leading to a decline in stock price.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected shareholders to reach out to discuss their rights, demonstrating the firm's commitment to protecting investor interests.
See More
Badger Meter Shareholder Class Action Notice
- Class Action Notice: Rosen Law Firm reminds investors who purchased Badger Meter stock between April 18, 2024, and April 16, 2026, to apply as lead plaintiffs by August 3, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Badger Meter made materially false and misleading statements during the Class Period, claiming that its financial performance reflected 'ongoing favorable industry trends' and 'strong demand,' while in reality, these results were partially due to pulling forward customer orders, masking weakening demand.
- Investor Losses: When the truth emerged, investors suffered damages as Badger Meter's financial results did not sustain the growth it had claimed, leading to disappointing financial reports that negatively impacted the company's stock price.
- Choosing Counsel: Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record, noting that many firms issuing notices lack the capability to handle securities class actions, urging investors to be cautious in their choice of legal representation.
See More
Reminder for Badger Meter Shareholder Class Action
- Class Action Notice: Rosen Law Firm reminds investors who purchased Badger Meter (NYSE: BMI) common stock between April 18, 2024, and April 16, 2026, that they must apply to be lead plaintiff by August 3, 2026, to participate in the class action, as those who do not will be ineligible for compensation.
- Lawsuit Background: The lawsuit alleges that Badger Meter made materially false and misleading statements regarding its financial results, claiming they were driven by 'ongoing favorable industry trends,' while in reality, these results were partially due to pulling forward customer orders, masking weakening demand.
- Investor Losses: As the truth emerged, investors suffered damages due to Badger Meter's financial results not accurately reflecting actual market demand and growth potential, leading to a decline in stock price and impacting investor confidence.
- Law Firm Expertise: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked No. 1 by ISS Securities Class Action Services in 2017, demonstrating its expertise and success in this field.
See More
Multiple Companies Face Class Action Lawsuits
- Badger Meter Lawsuit: Badger Meter is accused of inflating financial results by pulling forward customer orders during the class period from April 2024 to April 2026, which has severely undermined investor confidence in the company's future performance, likely impacting its stock price.
- PicS N.V. Lawsuit: PicS is alleged to have failed to disclose deficiencies in its credit evaluation procedures during its 2026 IPO, leading to a reclassification of approximately R$590 million in exposures and an incremental ECL charge of R$88 million, potentially causing long-term damage to its market reputation.
- Verra Mobility Lawsuit: Verra Mobility is accused of not disclosing its reliance on contract renewal with Avis for its 2026 growth plan, which may result in its full-year guidance being unmet, thereby affecting investor confidence and stock performance.
- Grail, Inc. Lawsuit: Grail is alleged to have been overly optimistic about its clinical trial results from 2025 to 2026, ignoring potential negative trends, which could lead to a decline in investor trust regarding its future prospects, adversely affecting its market performance.
See More
Class Action Filed Against Badger Meter for Securities Violations
- Class Action Initiated: Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Badger Meter, Inc., aiming to recover damages for investors who purchased securities between April 18, 2024, and April 16, 2026, highlighting significant misstatements in the company's financial results during this period.
- False Statements Allegations: The complaint alleges that Badger Meter executives failed to disclose the true state of industry trends and growth drivers while reporting strong financial results, leading to severely overstated investor expectations regarding the company's future growth prospects.
- Investor Rights Protection: Affected investors are encouraged to apply to be lead plaintiffs by August 3, 2026, to share in potential recoveries, indicating the legal team's commitment to protecting investor rights and interests.
- No-Risk Representation: Bronstein, Gewirtz & Grossman, LLC offers contingency fee representation, meaning they only charge fees if successful, ensuring that investors do not face additional financial burdens while pursuing compensation.
See More
Badger Meter Stock Plummets Amid Lawsuit Allegations
- Stock Price Collapse: Badger Meter's shares plummeted over 24% on April 17, 2026, losing $36.75 per share, reflecting a stark reality of a 9% year-over-year sales decline and a 10% drop in utility water revenue, severely impacting investor confidence.
- Promise vs. Reality: Despite Badger Meter's assurances of achieving 'high single-digit average revenue growth' from 2024 to early 2025, actual sales in Q1 2026 fell, revealing a significant gap between management's optimistic market demand outlook and actual performance.
- Deteriorating Profitability: The company's operating margin contracted from 22.2% to 17.4% in Q1 2026, while earnings per share (EPS) dropped from $1.30 in 2025 to $0.93, marking a 28% decline, indicating serious challenges to profitability.
- Lawsuit Allegations: The lawsuit alleges that Badger Meter's 'record' results during the reporting period were not due to genuine demand growth but rather inflated by pulling forward customer orders, leading to a depletion of future revenues and exposing investors to significant loss risks.
See More
Class Action Lawsuit Reminder Against Badger Meter, Inc.
- Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Badger Meter, Inc. (NYSE:BMI) for securities transactions between April 18, 2024, and April 16, 2026, urging investors to contact the firm by August 3, 2026, to participate.
- False Statement Allegations: The complaint alleges that Badger Meter made false and misleading statements regarding its financial performance, claiming it was based on 'secular growth drivers' and 'solid operating execution,' while in reality, it relied on pulling forward customer orders to recognize revenue prematurely.
- Market Reaction Impact: When the market learned the truth about Badger Meter's performance, investors suffered damages, indicating that the company's public statements were false and materially misleading throughout the class period, likely leading to a decline in stock price.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected shareholders to reach out to discuss their rights, demonstrating the firm's commitment to protecting investor interests.
See More
Badger Meter Shareholder Class Action Notice
- Class Action Notice: Rosen Law Firm reminds investors who purchased Badger Meter stock between April 18, 2024, and April 16, 2026, to apply as lead plaintiffs by August 3, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Badger Meter made materially false and misleading statements during the Class Period, claiming that its financial performance reflected 'ongoing favorable industry trends' and 'strong demand,' while in reality, these results were partially due to pulling forward customer orders, masking weakening demand.
- Investor Losses: When the truth emerged, investors suffered damages as Badger Meter's financial results did not sustain the growth it had claimed, leading to disappointing financial reports that negatively impacted the company's stock price.
- Choosing Counsel: Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record, noting that many firms issuing notices lack the capability to handle securities class actions, urging investors to be cautious in their choice of legal representation.
See More
Reminder for Badger Meter Shareholder Class Action
- Class Action Notice: Rosen Law Firm reminds investors who purchased Badger Meter (NYSE: BMI) common stock between April 18, 2024, and April 16, 2026, that they must apply to be lead plaintiff by August 3, 2026, to participate in the class action, as those who do not will be ineligible for compensation.
- Lawsuit Background: The lawsuit alleges that Badger Meter made materially false and misleading statements regarding its financial results, claiming they were driven by 'ongoing favorable industry trends,' while in reality, these results were partially due to pulling forward customer orders, masking weakening demand.
- Investor Losses: As the truth emerged, investors suffered damages due to Badger Meter's financial results not accurately reflecting actual market demand and growth potential, leading to a decline in stock price and impacting investor confidence.
- Law Firm Expertise: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked No. 1 by ISS Securities Class Action Services in 2017, demonstrating its expertise and success in this field.
See More
Multiple Companies Face Class Action Lawsuits
- Badger Meter Lawsuit: Badger Meter is accused of inflating financial results by pulling forward customer orders during the class period from April 2024 to April 2026, which has severely undermined investor confidence in the company's future performance, likely impacting its stock price.
- PicS N.V. Lawsuit: PicS is alleged to have failed to disclose deficiencies in its credit evaluation procedures during its 2026 IPO, leading to a reclassification of approximately R$590 million in exposures and an incremental ECL charge of R$88 million, potentially causing long-term damage to its market reputation.
- Verra Mobility Lawsuit: Verra Mobility is accused of not disclosing its reliance on contract renewal with Avis for its 2026 growth plan, which may result in its full-year guidance being unmet, thereby affecting investor confidence and stock performance.
- Grail, Inc. Lawsuit: Grail is alleged to have been overly optimistic about its clinical trial results from 2025 to 2026, ignoring potential negative trends, which could lead to a decline in investor trust regarding its future prospects, adversely affecting its market performance.
See More
Class Action Filed Against Badger Meter for Securities Violations
- Class Action Initiated: Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Badger Meter, Inc., aiming to recover damages for investors who purchased securities between April 18, 2024, and April 16, 2026, highlighting significant misstatements in the company's financial results during this period.
- False Statements Allegations: The complaint alleges that Badger Meter executives failed to disclose the true state of industry trends and growth drivers while reporting strong financial results, leading to severely overstated investor expectations regarding the company's future growth prospects.
- Investor Rights Protection: Affected investors are encouraged to apply to be lead plaintiffs by August 3, 2026, to share in potential recoveries, indicating the legal team's commitment to protecting investor rights and interests.
- No-Risk Representation: Bronstein, Gewirtz & Grossman, LLC offers contingency fee representation, meaning they only charge fees if successful, ensuring that investors do not face additional financial burdens while pursuing compensation.
See More
