• Badger Meter, NYSE:BMI, secured the PRASA AMI project in Puerto Rico, expanding its smart water footprint into a key international market.
• The company completed the integration of SmartCover into its BlueEdge smart water management platform, broadening its digital monitoring capabilities.
• These moves reflect progress in smart water infrastructure projects beyond regular earnings updates.

Badger Meter enters this news cycle with its shares at $146.31 and a mixed recent track record, including a 17.4% decline over the past 30 days and a 33.4% decline over the past year, set against gains of 24.1% over 3 years and 46.3% over 5 years. In that context, landing the PRASA AMI project and folding SmartCover into BlueEdge gives investors fresh, company specific developments to assess, separate from short term price swings.

For you as an investor, these updates highlight how NYSE:BMI is building out its smart water platform and winning new business in Puerto Rico. A key question is how effectively the company can turn international project wins and a broader solutions suite into durable customer relationships and recurring revenue opportunities.

Stay updated on the most important news stories for Badger Meter by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Badger Meter.

The PRASA AMI contract and the full SmartCover integration into BlueEdge both point to Badger Meter leaning further into software and data driven water management, rather than just meters and hardware. For you, that means this is not only a new international project in Puerto Rico; it is also a proof point that utilities are buying into Badger Meter’s full-stack offering, which can make the business less dependent on one off equipment orders and more anchored in long-term service relationships.

How This Fits The Badger Meter Narrative

The news lines up with existing analyst narratives that focus on smart water infrastructure, recurring software revenue and the role of acquisitions like SmartCover in extending the product set. The PRASA win and continued BlueEdge build-out sit alongside recent record annual sales, profits and cash generation, which analysts have been using to frame Badger Meter as a digital water solutions provider rather than a traditional metering company.

Risks And Rewards To Keep In Mind

• 🎁 The PRASA AMI project supports the push toward higher margin, recurring software and analytics revenue through BlueEdge and SmartCover.
• 🎁 A successful rollout in Puerto Rico can help Badger Meter compete for large smart water deals against peers such as Xylem and Itron.
• ⚠️ Large municipal AMI projects can be lumpy, so timing of deployments and cash collection may still create earnings and cash flow swings.
• ⚠️ Integrating acquired technology and scaling international projects can add cost and execution risk, especially if utility budgets tighten.

What To Watch Next

From here, the key things to track are how quickly PRASA moves from award to full deployment, how much software and monitoring revenue the project brings into the mix, and whether similar international wins follow. If you want to see how this story of developments ties into longer term growth and risk views from other investors, check out the community narratives for Badger Meter on its dedicated page.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.