BMI Stock Price Prediction

Badger Meter Inc

BMI

Badger Meter Inc

198.100

+2.990(+1.530%)

BMI Price Prediction Next Week

Analysis and Insights

News Impact Analysis:

Badger Meter, Inc. (BMI) recently announced the acquisition of SmartCover, enhancing its position in water infrastructure monitoring. This strategic move is expected to boost its product offerings and market share. Additionally, BMI will trade ex-dividend on February 28, 2025, with a dividend of $0.34, reflecting stability.

Technical Indicators:

RSI: BMI's RSI is 49.33, indicating a neutral position, not oversold or overbought.
MACD: The MACD line is slightly below the signal line, suggesting mild bearish momentum.
Stochastic Oscillator: The %K line is below the %D line, indicating potential buying opportunities if it rises.
Fibonacci Levels: Resistance at 213.20 and 215.45, with support at 205.94 and 203.69.

Price Prediction:

Based on the acquisition news and technical indicators, BMI is expected to rise. The target price for the next trading week is $215.00.

Recommendation:

Buy BMI at the current price of $212.57, with a target of $215.00. Set a stop-loss at $208.00 to manage risk.

Analysis and Insights

News Impact Analysis:

Technical Indicators:

RSI: BMI's RSI is 49.33, indicating a neutral position, not oversold or overbought.
MACD: The MACD line is slightly below the signal line, suggesting mild bearish momentum.
Stochastic Oscillator: The %K line is below the %D line, indicating potential buying opportunities if it rises.
Fibonacci Levels: Resistance at 213.20 and 215.45, with support at 205.94 and 203.69.

Price Prediction:

Based on the acquisition news and technical indicators, BMI is expected to rise. The target price for the next trading week is $215.00.

Recommendation:

Buy BMI at the current price of $212.57, with a target of $215.00. Set a stop-loss at $208.00 to manage risk.

BMI Similar Chart Price Prediction

The price of BMI is predicted to go up -17.91%, based on the high correlation periods with ACIU. The similarity of these two price pattern on the periods is 93.22%.

BMI

Future prediction

Down: -17.91%

ACIU

Down: -17.91%Similarity: 93.22%

BMI Revenue Forecast

BMI EPS Forecast

BMI FAQs

What is BMI revenue forecast for next quarter？

The market consensus for BMI's revenue in the upcoming quarter is projected to be approximately $220.389M USD.

What is BMI eps forecast for next quarter？

BMI VS S&P500

Badger Meter Inc

SPDR S&P 500

Ask Intellectia about BMI

BMI Analyst's Forecast

Nathan Jones

Stifel

Hold

2024-12-11

Price Target

$203 → $208

Downside

-12.34%

Stifel raised the firm's price target on Badger Meter to $208 from $203 and keeps a Hold rating on the shares. Global industrial stocks having materially outperformed the growth in earnings with 2024 EPS growth of 10% for the group, notes the analyst, who has "concerns in several areas," but is "relatively bullish that growth will be similar in 2025." However, the firm thinks stocks in the group "may have overshot the mark in the short term," the analyst added.