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RBC表示，Badger Meter第一季業績不如預期，營收出現低迷。

-- 加拿大皇家銀行資本市場（RBC Capital Markets）週一在一份電子郵件報告中指出，由於專案進度不利以及訂單交付業務放緩，Badger Meter (BMI) 第一季度營運業績“令人失望”，未達預期。 RBC指出，BMI營收年減9%，低於市場普遍預期的3%成長。同時，管理層將全年有機成長預期從低於其長期高個位數百分比的目標下調至與去年持平，並預計第二季業績將進一步下滑。 報告稱，四個大型高級計量基礎設施（AMI）部署項目的逐步停止，恰逢九個項目積壓，這些項目要到下半年才能交付，這導致上半年出現“營收空檔期”，掩蓋了其長期強勁的市場表現。 然而，這家投資公司表示，“這九個大型積壓項目中有七個代表著市場份額的增長，客戶正從競爭對手的產品轉向Badger的蜂窩AMI。” RBC 將 Badger Meter 2026 年的每股收益預期下調了 0.45 美元至 4.65 美元。 RBC 維持對 Badger Meter 的「跑贏大盤」評級，但將其目標股價從 197 美元下調至 169 美元。

Price: $116.51, Change: $+0.97, Percent Change: +0.84%

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