Belden Inc. (BDC)
NYSE: BDC · IEX Real-Time Price · USD
91.84
-2.70 (-2.86%)
At close: Jul 19, 2024, 4:00 PM
91.85
+0.01 (0.01%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Belden Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Belden stock have an average target of 108.8, with a low estimate of 91 and a high estimate of 123. The average target predicts an increase of 18.47% from the current stock price of 91.84.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Belden stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $119 → $123 | Strong Buy | Maintains | $119 → $123 | +33.93% | Jul 5, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $101 → $119 | Strong Buy | Reiterates | $101 → $119 | +29.57% | Jun 14, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $100 → $115 | Strong Buy | Maintains | $100 → $115 | +25.22% | May 17, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $100 | Strong Buy | Reiterates | $100 | +8.89% | May 6, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $98 → $101 | Strong Buy | Maintains | $98 → $101 | +9.97% | May 3, 2024 |
Financial Forecast
Revenue This Year
2.38B
from 2.51B
Decreased by -5.42%
Revenue Next Year
2.63B
from 2.38B
Increased by 10.69%
EPS This Year
5.97
from 5.66
Increased by 5.46%
EPS Next Year
7.40
from 5.97
Increased by 23.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5B | 2.8B | 8.5B |
| Avg | 2.4B | 2.6B | 5.4B |
| Low | 2.3B | 2.5B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.2% | 16.6% | 222.6% |
| Avg | -5.4% | 10.7% | 106.8% |
| Low | -9.4% | 5.8% | 0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.30 | 8.14 | 8.87 |
| Avg | 5.97 | 7.40 | 8.53 |
| Low | 5.65 | 6.91 | 8.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.3% | 36.3% | 19.9% |
| Avg | 5.5% | 24.0% | 15.3% |
| Low | -0.1% | 15.7% | 11.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.