Needham & Company LLC Forecasts Strong Price Appreciation for Benchmark Electronics (NYSE:BHE) Stock

Posted by Geri Gentry on Jul 30th, 2026

Benchmark Electronics (NYSE:BHE – Get Free Report) had its target price hoisted by stock analysts at Needham & Company LLC from $80.00 to $90.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s price objective points to a potential upside of 21.35% from the stock’s previous close.

Several other equities analysts have also recently commented on the company. Lake Street Capital reiterated a “buy” rating and set a $92.00 target price on shares of Benchmark Electronics in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Friday, July 17th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $91.00.

Get Our Latest Analysis on Benchmark Electronics

Benchmark Electronics Trading Down 3.6%

NYSE:BHE opened at $74.17 on Thursday. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 78.07 and a beta of 1.24. Benchmark Electronics has a one year low of $34.44 and a one year high of $100.41. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.42 and a current ratio of 2.18. The business’s 50-day simple moving average is $86.25 and its 200 day simple moving average is $69.79.

Benchmark Electronics (NYSE:BHE – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The firm had revenue of $755.98 million during the quarter, compared to analyst estimates of $720.00 million. During the same quarter last year, the firm earned $0.03 EPS. Benchmark Electronics’s quarterly revenue was up 17.7% on a year-over-year basis. Benchmark Electronics has set its Q3 2026 guidance at 0.760-0.820 EPS.

Insider Activity

In other Benchmark Electronics news, SVP Stephen J. Beaver sold 20,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $86.25, for a total transaction of $1,725,000.00. Following the completion of the sale, the senior vice president owned 75,020 shares in the company, valued at $6,470,475. The trade was a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Rhonda R. Turner sold 6,600 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $85.14, for a total transaction of $561,924.00. Following the sale, the senior vice president directly owned 36,067 shares in the company, valued at $3,070,744.38. This trade represents a 15.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 86,352 shares of company stock valued at $7,312,806 over the last three months. 1.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Benchmark Electronics

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada lifted its holdings in Benchmark Electronics by 30.2% in the first quarter. Royal Bank of Canada now owns 14,420 shares of the technology company’s stock worth $548,000 after acquiring an additional 3,341 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Benchmark Electronics by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,239 shares of the technology company’s stock valued at $808,000 after purchasing an additional 931 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Benchmark Electronics during the first quarter valued at approximately $202,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Benchmark Electronics by 12.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,673 shares of the technology company’s stock worth $3,981,000 after purchasing an additional 11,369 shares during the period. Finally, Jane Street Group LLC raised its position in shares of Benchmark Electronics by 99.8% during the 1st quarter. Jane Street Group LLC now owns 107,802 shares of the technology company’s stock worth $4,100,000 after purchasing an additional 53,840 shares during the period. Institutional investors own 92.29% of the company’s stock.

Benchmark Electronics Company Profile

(Get Free Report)

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.