Multi-Year Tailwinds Lead to a Bullish Stance on Flowserve (FLS)

Flowserve Corporation (NYSE:FLS) is one of the 15 best Industrial Machinery and Supplies stocks to buy according to Hedge Funds.

As of the February 3 closing, Flowserve Corporation (NYSE:FLS) had moderately bullish analyst sentiment. The stock received coverage from 8 analysts, 5 of whom assigned Buy ratings and 3 Hold ratings. With no Sell rating, it has a median 1-year price target of $82.

On January 15, Deane Dray of RBC Capital maintained his Outperform rating on Flowserve Corporation (NYSE:FLS). The analyst also revised his target price estimate from $76 to $83, yielding close to 5% upside from the current level.

Dray’s upward revision is part of his constructive 2026 outlook for the Multi-Industry segment. Despite “sluggish and uneven demand” for industrials, he attributed his optimistic stance to the sector’s attractive valuation, along with datacenter momentum and megaprojects that are expected to drive returns. The analyst also noted several multi-year secular tailwinds, including energy transition, electrification, and reshoring.

Flowserve Corporation (NYSE:FLS) is a manufacturer and distributor of industrial flow management equipment for critical infrastructure industries. It offers fluid motion control solutions such as engineered & pre-configured industrial pumps, mechanical seals, auxiliary systems, and related aftermarket services. It also delivers equipment maintenance services, including advanced diagnostics, repair, retrofit programs, and field machining capabilities.

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Disclosure: None. This article is originally published at Insider Monkey.