Analyst Joseph C Giordano of TD Cowen maintained a Buy rating on Flowserve, with a price target of $100.00.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Joseph C Giordano has given his Buy rating due to a combination of factors, including Flowserve’s strong positioning for the coming wave of electricity infrastructure tied to AI and broader energy demand, whether that buildout is nuclear or non‑nuclear. He expects earnings per share to continue growing at a mid‑teens pace or better even after a very strong 2025, supported by margin momentum and disciplined execution on prior commitments.
He also sees the company’s sizable aftermarket franchise and exposure to power, nuclear, and select industrial end markets as key supports to maintaining roughly $5B in annualized organic bookings despite softer energy orders. While acknowledging that valuation now sits toward the upper end of its historical band and that quarterly order trends will be watched closely, he believes the long‑term earnings framework and relative valuation versus the broader energy sector justify a $100 price target and a Buy recommendation.
According to TipRanks, C Giordano is a 5-star analyst with an average return of 12.0% and a 62.39% success rate. C Giordano covers the Industrials sector, focusing on stocks such as IDEX, Ametek, and Mueller Water Products.
In another report released on February 9, Citi also maintained a Buy rating on the stock with a $98.00 price target.