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Benchmark Electronics (BHE) Stock Forecast & Price Target

$42.46
+0.35 (+0.83%)
(As of 05/22/2024 ET)

Benchmark Electronics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 3 Analyst Ratings

Consensus Price Target

$36.50
-14.04% Downside
High Forecast$40.00
Average Forecast$36.50
Low Forecast$33.00
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Hold
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$36.50$31.00$31.00$34.50
Forecasted Upside-14.04% Downside14.39% Upside14.39% Upside22.51% Upside
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BHE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BHE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Benchmark Electronics Stock vs. The Competition

TypeBenchmark ElectronicsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.33
2.59
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside-14.04% Downside183.37% Upside8.73% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/15/2024Fox Advisors
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 DowngradeOverweight ➝ Equal Weight
5/6/2024Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$31.00 ➝ $40.00+9.80%
4/29/2024Sidoti
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral$33.00+5.10%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:01 AM ET.

BHE Frequently Asked Questions

What is Benchmark Electronics's stock forecast and purchase recommendation?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Benchmark Electronics is $36.50, with a high forecast of $40.00 and a low forecast of $33.00. The consensus rating for Benchmark Electronics stock is Hold based on the current 2 hold ratings and 1 buy rating for BHE. Learn more on BHE's analyst rating history.

Do Wall Street analysts like Benchmark Electronics more than its competitors?

Analysts like Benchmark Electronics less than other "computer and technology" companies. The consensus rating for Benchmark Electronics is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how BHE compares to other companies.

Is Benchmark Electronics being downgraded by Wall Street analysts?

Over the previous 90 days, Benchmark Electronics's stock had 2 downgrades by analysts.

Does Benchmark Electronics's stock price have much upside?

According to analysts, Benchmark Electronics's stock has a predicted upside of 7.62% based on their 12-month stock forecasts.

What analysts cover Benchmark Electronics?

Benchmark Electronics has been rated by research analysts at Fox Advisors, Needham & Company LLC, and Sidoti in the past 90 days.


Stock Forecasts and Research Tools

This page (NYSE:BHE) was last updated on 5/23/2024 by MarketBeat.com Staff

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