Shares of Benchmark Electronics (BHE) are soaring 6.40% in pre-market trading on Wednesday, following the company's release of solid third-quarter results for 2025 and a positive analyst rating. The surge comes as investors react to the company's financial performance and growth prospects.

Benchmark Electronics reported its Q3 2025 earnings after the market close on Tuesday, presenting investors with a breakdown of its financial performance. While specific details were not provided, the market's reaction suggests that the results were well-received by investors, potentially exceeding expectations in key areas such as revenue, earnings, or future guidance.

Adding to the positive sentiment, Needham analyst James Ricchiuti reiterated a Buy rating on Benchmark Electronics early Wednesday morning, setting a price target of $47.00. This endorsement from a respected analyst firm appears to have further boosted investor confidence in the stock. The combination of strong quarterly results and a bullish analyst outlook is likely driving the significant pre-market rally in BHE shares.