Benchmark Electronics, Inc. (BHE) Stock Analysis
Technology · Electronic Components
Sell if holding. At $78.19, A.R:R is negative (-2.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: top 10 customers (51.0%); Concentration risk — Geographic: international operations (64.0%).
Benchmark Electronics provides design engineering and advanced manufacturing services (EMS and precision metal machining) to OEMs in aerospace/defense, semiconductor capital equipment, medical, industrial, and advanced computing markets. Manufacturing operates in 7 countries;... Read more
Sell if holding. At $78.19, A.R:R is negative (-2.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: top 10 customers (51.0%); Concentration risk — Geographic: international operations (64.0%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 4.7/10, moderate confidence.
Passes 6/7 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst 0.80, earnings proximity no date, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomertop 10 customers51%10-K Item 1A: 'Sales to our ten largest customers represented 51%, 50% and 52% of our total sales in 2025, 2024 and 2023, respectively'
- HIGHGeographicinternational operations64%10-K Item 1A: 'During 2025, 2024 and 2023, 64%, 62% and 58%, respectively, of our sales were from our international operations'
Material Events(8-K, last 90d)
- 2026-02-24Item 5.02MEDIUMDavid Moezidis (age 54) appointed President and CEO effective March 31, 2026, under a 2-year agreement with $900K base salary and 115% target bonus. Successor named; prior CEO departure previously announced September 2025.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $78.19, A.R:R is negative (-2.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: top 10 customers (51.0%); Concentration risk — Geographic: international operations (64.0%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $72.68. Score 4.7/10, moderate confidence.
Take-profit target: $77.59 (-0.7% upside). Prior stop was $72.68. Stop-loss: $72.68.
Concentration risk — Customer: top 10 customers (51.0%); Concentration risk — Geographic: international operations (64.0%); Analyst target reached - limited upside remaining.
Benchmark Electronics, Inc. trades at a P/E of 106.5 (forward 25.1). TrendMatrix value score: 5.0/10. Verdict: Sell.
8 analysts cover BHE with a consensus score of 3.9/5. Average price target: $60.
What does Benchmark Electronics, Inc. do?Benchmark Electronics provides design engineering and advanced manufacturing services (EMS and precision metal...
Benchmark Electronics provides design engineering and advanced manufacturing services (EMS and precision metal machining) to OEMs in aerospace/defense, semiconductor capital equipment, medical, industrial, and advanced computing markets. Manufacturing operates in 7 countries; 64% of 2025 sales came from international operations and top 10 customers represented 51% of total sales.