Kaplan Fox & Kilsheimer LLP Alerts Badger Meter, Inc. (BMI) Investors to a Securities Class Action Deadline on August 3, 2026

Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Badger Meter, Inc. ("Badger Meter" or the "Company") (NYSE: BMI) on behalf of investors that purchased or otherwise acquired Badger Meter securities between April 18, 2024 and April 16, 2026 (the "Class Period"). If you are an investor in Badger Meter and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 3, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. On April 17, 2026, Badger Meter reported first quarter 2026 results, including a deceleration of sales. Specifically, total sales of $202.3 million for the quarter were "9% lower than the prior year's $222.2 million." Additionally, the Company stated with respect to its first quarter operating results that "Utility water sales declined 10% year-over-year, reflecting project timing and other softer short-cycle municipal ordering . . . ." Following this news, the price of Badger Meter shares declined by $36.75 per share, or more than 24%, to close at $115.54 per share on April 17, 2026. The complaint alleges that throughout the Class Period, Defendants misrepresented the drivers of Badger Meter's "record" financial results, demand for the Company's products, and its prospects for continued growth. During the Class Period, Defendants allegedly told investors that Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution." They also allegedly touted "strong" demand and said they were seeing "robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth," and that Badger Meter possessed a "long runway" for growth. According to the complaint, in truth, "Badger Meter's financial results during the Class Period were at least partially attributable to the Company's practice of pulling-forward customer orders to recognize revenue early, which concealed weakening demand and deteriorating near-term order trends. This practice also depleted revenue otherwise available for future periods, ultimately causing the disappointing financial results the Company later reported."