Benchmark Electronics (BHE) Stock Forecast, Price Target & Predictions


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BHE Stock Forecast


Benchmark Electronics stock forecast is as follows: an average price target of $34.00 (represents a -24.80% downside from BHE’s last price of $45.21) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

BHE Price Target


The average price target for Benchmark Electronics (BHE) is $34.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $34.00. This represents a potential -24.80% downside from BHE's last price of $45.21.

BHE Analyst Ratings


Buy

According to 4 Wall Street analysts, Benchmark Electronics's rating consensus is 'Buy'. The analyst rating breakdown for BHE stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Benchmark Electronics Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 04, 2022Needham$34.00$26.3529.03%-24.80%

The latest Benchmark Electronics stock forecast, released on Aug 04, 2022 by Needham company, set a price target of $34.00, which represents a 29.03% increase from the stock price at the time of the forecast ($26.35), and a -24.80% decrease from BHE last price ($45.21).

Benchmark Electronics Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$45.21$45.21$45.21
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Benchmark Electronics stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Benchmark Electronics's last price of $45.21. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jul 31, 2024NeedhamBuyBuyHold
Jul 31, 2024Lake StreetBuyBuyHold
May 15, 2024Fox AdvisorsEqual-WeightDowngrade
May 02, 2024Lake StreetBuyBuyHold
Apr 29, 2024BenchmarkSellNeutralDowngrade
Feb 02, 2023NeedhamBuyBuyHold
Aug 04, 2022NeedhamBuyBuyHold
May 12, 2022BenchmarkSellSellHold

Benchmark Electronics's last stock rating was published by Needham on Jul 31, 2024. The company gave BHE a "Buy" rating, the same as its previous rate.

Benchmark Electronics Financial Forecast


Benchmark Electronics Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue--------$691.35M$719.70M$733.23M$694.70M$750.64M$771.58M$728.03M$636.08M$633.05M$571.88M$544.66M$505.72M$521.25M$525.95M$490.97M$514.96M$508.44M$555.23M$601.60M$602.82M$608.14M$566.50M
Avg Forecast$745.08M$716.40M$660.92M$639.42M$660.75M$650.00M$635.75M$645.00M$707.50M$701.75M$692.50M$660.75M$780.50M$738.50M$635.00M$585.00M$580.00M$580.67M$531.67M$502.33M$521.33M$511.33M$474.33M$510.00M$519.33M$539.55M$569.45M$597.30M$533.94M$426.63M
High Forecast$745.53M$716.84M$661.33M$640.22M$661.16M$650.40M$636.14M$645.40M$707.94M$705.00M$692.93M$661.16M$780.98M$738.50M$635.00M$585.00M$580.00M$580.67M$531.67M$502.33M$521.33M$511.33M$474.33M$510.00M$519.33M$539.55M$569.45M$597.30M$640.73M$511.96M
Low Forecast$744.56M$715.90M$660.47M$638.53M$660.29M$649.55M$635.31M$644.55M$707.01M$700.00M$692.02M$660.29M$779.96M$738.50M$635.00M$585.00M$580.00M$580.67M$531.67M$502.33M$521.33M$511.33M$474.33M$510.00M$519.33M$539.55M$569.45M$597.30M$427.15M$341.30M
# Analysts11133112242211112222277986106147
Surprise %--------0.98%1.03%1.06%1.05%0.96%1.04%1.15%1.09%1.09%0.98%1.02%1.01%1.00%1.03%1.04%1.01%0.98%1.03%1.06%1.01%1.14%1.33%

Benchmark Electronics's average Quarter revenue forecast for Mar 24 based on 2 analysts is $645.00M, with a low forecast of $644.55M, and a high forecast of $645.40M. BHE's average Quarter revenue forecast represents a -6.70% decrease compared to the company's last Quarter revenue of $691.35M (Dec 23).

Benchmark Electronics EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133112242211112222277986106147
EBITDA--------$45.46M$47.26M$40.90M$34.36M$47.01M$39.28M$33.33M$30.44M$29.53M$23.39M$22.24M$22.88M$23.38M$21.66M$10.79M$18.62M$2.79M$22.66M$25.75M$31.16M$32.33M$25.68M
Avg Forecast$32.91M$31.64M$29.19M$28.24M$29.18M$28.71M$28.08M$25.68M$31.25M$30.99M$30.59M$23.34M$26.93M$36.47M$31.36M$18.45M$28.64M$28.67M$26.25M$21.73M$25.74M$25.25M$23.42M$11.64M$25.64M$26.64M$28.12M$31.16M$27.84M$17.78M
High Forecast$32.93M$31.66M$29.21M$28.28M$29.20M$28.73M$28.10M$30.81M$31.27M$31.14M$30.60M$28.01M$32.32M$36.47M$31.36M$22.14M$28.64M$28.67M$26.25M$26.08M$25.74M$25.25M$23.42M$13.96M$25.64M$26.64M$28.12M$37.39M$33.40M$21.34M
Low Forecast$32.89M$31.62M$29.17M$28.20M$29.16M$28.69M$28.06M$20.54M$31.23M$30.92M$30.56M$18.67M$21.55M$36.47M$31.36M$14.76M$28.64M$28.67M$26.25M$17.39M$25.74M$25.25M$23.42M$9.31M$25.64M$26.64M$28.12M$24.93M$22.27M$14.22M
Surprise %--------1.45%1.52%1.34%1.47%1.75%1.08%1.06%1.65%1.03%0.82%0.85%1.05%0.91%0.86%0.46%1.60%0.11%0.85%0.92%1.00%1.16%1.44%

2 analysts predict BHE's average Quarter EBITDA for Mar 24 to be $25.68M, with a high of $30.81M and a low of $20.54M. This is -43.52% lower than Benchmark Electronics's previous annual EBITDA (Dec 23) of $45.46M.

Benchmark Electronics Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133112242211112222277986106147
Net Income--------$17.55M$20.41M$13.99M$12.36M$21.22M$18.83M$17.22M$10.96M$12.42M$8.06M$7.37M$7.92M$7.70M$5.92M$-3.41M$3.85M$-6.93M$7.14M$9.45M$13.77M$-23.64M$9.69M
Avg Forecast$26.83M$24.54M$20.05M$18.31M$20.60M$19.87M$18.59M$10.77M$20.60M$19.14M$17.07M$9.79M$11.33M$19.07M$14.96M$7.74M$14.84M$13.99M$9.49M$7.52M$12.17M$10.22M$3.28M$2.41M$10.58M$12.41M$11.68M$13.77M$-20.36M$6.71M
High Forecast$26.85M$24.56M$20.07M$18.95M$20.62M$19.88M$19.68M$12.92M$21.69M$20.24M$17.08M$11.74M$13.59M$19.07M$14.96M$9.28M$14.84M$13.99M$9.49M$9.03M$12.17M$10.22M$3.28M$2.89M$10.58M$12.41M$11.68M$16.53M$-16.29M$8.05M
Low Forecast$26.81M$24.52M$20.04M$17.81M$20.59M$19.86M$17.50M$8.61M$19.52M$18.77M$17.05M$7.83M$9.06M$19.07M$14.96M$6.19M$14.84M$13.99M$9.49M$6.02M$12.17M$10.22M$3.28M$1.93M$10.58M$12.41M$11.68M$11.02M$-24.43M$5.37M
Surprise %--------0.85%1.07%0.82%1.26%1.87%0.99%1.15%1.42%0.84%0.58%0.78%1.05%0.63%0.58%-1.04%1.60%-0.65%0.58%0.81%1.00%1.16%1.44%

Benchmark Electronics's average Quarter net income forecast for Mar 24 is $10.77M, with a range of $8.61M to $12.92M. BHE's average Quarter net income forecast represents a -38.67% decrease compared to the company's last Quarter net income of $17.55M (Dec 23).

Benchmark Electronics SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133112242211112222277986106147
SG&A--------$35.65M$35.51M$37.67M$38.20M$39.54M$38.54M$35.84M$36.29M$37.73M$34.39M$34.03M$30.55M$32.38M$29.72M$28.52M$31.57M$37.69M$34.88M$35.28M$33.77M$35.75M$32.65M
Avg Forecast$42.68M$41.04M$37.86M$36.63M$37.85M$37.23M$36.42M$35.64M$40.53M$40.20M$39.67M$32.40M$34.42M$42.30M$36.37M$25.62M$33.22M$33.26M$30.45M$29.02M$29.86M$29.29M$27.17M$19.73M$29.75M$30.91M$32.62M$33.77M$30.78M$22.60M
High Forecast$42.70M$41.06M$37.88M$36.67M$37.87M$37.25M$36.44M$42.77M$40.55M$40.38M$39.69M$38.88M$41.30M$42.30M$36.37M$30.74M$33.22M$33.26M$30.45M$34.82M$29.86M$29.29M$27.17M$23.68M$29.75M$30.91M$32.62M$40.52M$36.94M$27.13M
Low Forecast$42.65M$41.01M$37.83M$36.57M$37.82M$37.21M$36.39M$28.52M$40.50M$40.10M$39.64M$25.92M$27.53M$42.30M$36.37M$20.49M$33.22M$33.26M$30.45M$23.22M$29.86M$29.29M$27.17M$15.79M$29.75M$30.91M$32.62M$27.02M$24.63M$18.08M
Surprise %--------0.88%0.88%0.95%1.18%1.15%0.91%0.99%1.42%1.14%1.03%1.12%1.05%1.08%1.01%1.05%1.60%1.27%1.13%1.08%1.00%1.16%1.44%

Benchmark Electronics's average Quarter SG&A projection for Mar 24 is $35.64M, based on 2 Wall Street analysts, with a range of $28.52M to $42.77M. The forecast indicates a -0.00% fall compared to BHE last annual SG&A of $35.65M (Dec 23).

Benchmark Electronics EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11133112242211112222277986106147
EPS--------$0.49$0.57$0.39$0.35$0.60$0.54$0.49$0.31$0.35$0.23$0.21$0.22$0.21$0.16$-0.09$0.10$-0.19$0.19$0.25$0.34$-0.49$0.20
Avg Forecast$0.73$0.67$0.55$0.50$0.56$0.54$0.51$0.46$0.56$0.52$0.47$0.42$0.60$0.52$0.41$0.34$0.41$0.38$0.26$0.20$0.33$0.28$0.09$0.16$0.29$0.34$0.32$0.33$0.31$0.18
High Forecast$0.73$0.67$0.55$0.52$0.56$0.54$0.54$0.46$0.59$0.55$0.47$0.42$0.60$0.52$0.41$0.34$0.41$0.38$0.26$0.20$0.33$0.28$0.09$0.16$0.29$0.34$0.32$0.33$0.37$0.22
Low Forecast$0.73$0.67$0.55$0.49$0.56$0.54$0.48$0.46$0.53$0.51$0.47$0.42$0.60$0.52$0.41$0.34$0.41$0.38$0.26$0.20$0.33$0.28$0.09$0.16$0.29$0.34$0.32$0.33$0.25$0.14
Surprise %--------0.87%1.09%0.84%0.83%1.00%1.03%1.20%0.90%0.86%0.60%0.81%1.12%0.63%0.57%-1.00%0.61%-0.66%0.56%0.78%1.03%-1.58%1.11%

According to 2 Wall Street analysts, Benchmark Electronics's projected average Quarter EPS for Mar 24 is $0.46, with a low estimate of $0.46 and a high estimate of $0.46. This represents a -6.12% decrease compared to BHE previous annual EPS of $0.49 (Dec 23).

Benchmark Electronics Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FLEXFlex$37.40$41.6711.42%Buy
LYTSLSI Industries$19.92$21.507.93%Buy
JBLJabil$133.96$139.754.32%Buy
MEIMethode Electronics$12.65$13.002.77%Hold
OSISOSI Systems$183.68$176.00-4.18%Buy
BELFBBel Fuse$91.36$87.50-4.23%Buy
PLXSPlexus$164.50$150.00-8.81%Buy
SANMSanmina$79.30$62.00-21.82%Buy
BHEBenchmark Electronics$47.51$34.00-28.44%Buy
CLSCelestica$97.81$66.60-31.91%Buy

BHE Forecast FAQ


Is Benchmark Electronics a good buy?

Yes, according to 4 Wall Street analysts, Benchmark Electronics (BHE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of BHE's total ratings.

What is BHE's price target?

Benchmark Electronics (BHE) average price target is $34 with a range of $34 to $34, implying a -24.80% from its last price of $45.21. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Benchmark Electronics stock go up soon?

According to Wall Street analysts' prediction for BHE stock, the company can go down by -24.80% (from the last price of $45.21 to the average price target of $34), down by -24.80% based on the highest stock price target, and down by -24.80% based on the lowest stock price target.

Can Benchmark Electronics stock reach $70?

BHE's average twelve months analyst stock price target of $34 does not support the claim that Benchmark Electronics can reach $70 in the near future.

What are Benchmark Electronics's analysts' financial forecasts?

Benchmark Electronics's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.59B (high $2.59B, low $2.59B), average EBITDA is $111.65M (high $116.84M, low $106.45M), average net income is $69.83M (high $73.1M, low $66.56M), average SG&A $147.14M (high $154.34M, low $139.93M), and average EPS is $2.07 (high $2.1, low $2.04). BHE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.76B (high $2.76B, low $2.76B), average EBITDA is $121.98M (high $122.08M, low $121.88M), average net income is $89.74M (high $90.43M, low $89.17M), average SG&A $158.2M (high $158.32M, low $158.06M), and average EPS is $2.45 (high $2.47, low $2.43).

Did the BHE's actual financial results beat the analysts' financial forecasts?

Based on Benchmark Electronics's last annual report (Dec 2023), the company's revenue was $2.84B, beating the average analysts forecast of $2.76B by 2.77%. Apple's EBITDA was $163.48M, beating the average prediction of $116.17M by 40.72%. The company's net income was $64.32M, missing the average estimation of $66.6M by -3.43%. Apple's SG&A was $147.02M, missing the average forecast of $152.79M by -3.77%. Lastly, the company's EPS was $1.79, missing the average prediction of $1.97 by -9.19%. In terms of the last quarterly report (Dec 2023), Benchmark Electronics's revenue was $691.35M, missing the average analysts' forecast of $707.5M by -2.28%. The company's EBITDA was $45.46M, beating the average prediction of $31.25M by 45.48%. Benchmark Electronics's net income was $17.55M, missing the average estimation of $20.6M by -14.81%. The company's SG&A was $35.65M, missing the average forecast of $40.53M by -12.04%. Lastly, the company's EPS was $0.49, missing the average prediction of $0.562 by -12.89%