Goldman Sachs analyst Joe Ritchie has released updated guidance on Flowserve (FLS, Financial), maintaining a "Neutral" rating while raising the price target from USD 54.00 to USD 60.00. The increase in the price target reflects an 11.11% adjustment from the previous target.
The updated assessment was published on July 8, 2025, suggesting a positive outlook within the constraints of a neutral rating. The stock, listed on the NYSE, continues to hold the same overall rating as before.
This decision by Goldman Sachs signifies confidence in Flowserve's (FLS, Financial) potential, despite maintaining a Neutral stance, with the price target now set at USD 60.00.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Flowserve Corp (FLS, Financial) is $63.10 with a high estimate of $75.00 and a low estimate of $58.00. The average target implies an upside of 16.91% from the current price of $53.98. More detailed estimate data can be found on the Flowserve Corp (FLS) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Flowserve Corp's (FLS, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Flowserve Corp (FLS, Financial) in one year is $48.09, suggesting a downside of 10.9% from the current price of $53.975. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Flowserve Corp (FLS) Summary page.
