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Argus lowers target to USD 88.00 for Benchmark Electronics stock - ad-hoc-news.de

Reported by Ad-hoc-news
Oct 20, 2026· 2 min read
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Key Takeaways
  • • Argus lowered its analyst price target on Benchmark Electronics (NYSE: BHE) to USD 88.00 on October 14, 2026, according to Yahoo Finance; the source did not disclose the prior target.
  • • Benchmark reported second-quarter fiscal 2026 revenue of USD 756.00 million, up 18.00 percent year over year, and non-GAAP EPS of USD 0.75, up 36.00 percent.
  • • The stock traded at USD 70.70 on the NYSE on October 20, 2026, below its 52-week high of USD 100.41, with a market capitalization of USD 2.5 billion and a trailing P/E of 48.06.
  • • Benchmark's third-quarter fiscal 2026 results are scheduled for October 28, 2026, after the US market close, with a conference call at 5:00 p.m. ET.
Summary
Argus cut its price target on Benchmark Electronics to USD 88.00 on October 14, 2026, according to Yahoo Finance. The source did not name the previous target, so the size of the reduction cannot be determined from the report. The revision places the stock's next major test at the third-quarter fiscal 2026 earnings report, scheduled for October 28, 2026, after the US market close.

The company's most recent reported quarter showed solid top-line and earnings growth. Second-quarter fiscal 2026 revenue reached USD 756.00 million, up 18.00 percent from the prior-year quarter, while non-GAAP earnings per share rose 36.00 percent to USD 0.75, according to figures from the company's earnings call transcript carried by Yahoo Finance.

On October 20, 2026, the shares traded at USD 70.70 on the New York Stock Exchange at 3:47 p.m. ET, below the 52-week high of USD 100.41 and above the 52-week low of USD 39.67. The stock was quoted at EUR 62.83 at Lang & Schwarz that evening. Benchmark had a market capitalization of USD 2.5 billion and a trailing P/E of 48.06, a multiple well above those of peers Jabil (P/E 28.42, market capitalization USD 29.1 billion) and Celestica (P/E 31.20, market capitalization USD 37.9 billion).

For investors, the key comparison is between the reduced USD 88.00 Argus target and the operating update due October 28, 2026, measured against the revenue growth reported in the prior quarter.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Ad-hoc-news Argus lowers target to USD 88.00 for Benchmark Electronics stock - ad-hoc-news.de