Benchmark Electronics, Inc. (BHE)
NYSE: BHE · IEX Real-Time Price · USD
39.33
+0.15 (0.38%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Benchmark Electronics Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for BHE stock have an average target of 36.5, with a low estimate of 33 and a high estimate of 40. The average target predicts a decrease of -7.20% from the current stock price of 39.33.
Analyst Consensus: Buy
* Price targets were last updated on May 6, 2024.
Analyst Ratings
The average analyst rating for BHE stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $31 → $40 | Strong Buy | Maintains | $31 → $40 | +1.70% | May 6, 2024 |
| Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades $33 | Strong Buy → Hold | Downgrades | $33 | -16.09% | Apr 29, 2024 |
| Needham | Needham | Strong Buy Maintains $30 → $31 | Strong Buy | Maintains | $30 → $31 | -21.18% | Feb 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | -23.72% | Oct 26, 2023 |
| Needham | Needham | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | -23.72% | Aug 1, 2023 |
Financial Forecast
Revenue This Year
2.64B
from 2.84B
Decreased by -6.87%
Revenue Next Year
2.81B
from 2.64B
Increased by 6.20%
EPS This Year
2.18
from 1.79
Increased by 22.02%
EPS Next Year
2.55
from 2.18
Increased by 16.53%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.8B | 3.0B |
| Avg | 2.6B | 2.8B |
| Low | 2.6B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -3.0% | 13.2% |
| Avg | -6.9% | 6.2% |
| Low | -9.8% | 1.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.33 | 2.90 |
| Avg | 2.18 | 2.55 |
| Low | 2.06 | 2.35 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 30.2% | 32.7% |
| Avg | 22.0% | 16.5% |
| Low | 15.0% | 7.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.