Belden Inc. (BDC)
NYSE: BDC · IEX Real-Time Price · USD
82.89
-0.36 (-0.43%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Belden Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Belden stock have an average target of 102.25, with a low estimate of 91 and a high estimate of 115. The average target predicts an increase of 23.36% from the current stock price of 82.89.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 9, 2024.
Analyst Ratings
The average analyst rating for Belden stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $89 → $98 | Strong Buy | Maintains | $89 → $98 | +18.23% | Feb 9, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $75 → $79 | Strong Buy | Maintains | $75 → $79 | -4.69% | Dec 8, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $106 → $91 | Strong Buy | Maintains | $106 → $91 | +9.78% | Nov 3, 2023 |
| Loop Capital | Loop Capital | Strong Buy Maintains $110 → $105 | Strong Buy | Maintains | $110 → $105 | +26.67% | Oct 16, 2023 |
| UBS | UBS | Strong Buy Initiates $115 | Strong Buy | Initiates | $115 | +38.74% | Sep 27, 2023 |
Financial Forecast
Revenue This Year
2.35B
from 2.51B
Decreased by -6.57%
Revenue Next Year
2.61B
from 2.35B
Increased by 11.12%
EPS This Year
5.82
from 5.66
Increased by 2.83%
EPS Next Year
7.37
from 5.82
Increased by 26.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.5B | 2.8B | 8.5B |
| Avg | 2.3B | 2.6B | 4.6B |
| Low | 2.2B | 2.4B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.7% | 20.1% | 225.3% |
| Avg | -6.6% | 11.1% | 74.9% |
| Low | -11.1% | 1.3% | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.30 | 8.09 | 8.82 |
| Avg | 5.82 | 7.37 | 8.38 |
| Low | 5.22 | 6.81 | 8.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.3% | 38.9% | 19.7% |
| Avg | 2.8% | 26.6% | 13.7% |
| Low | -7.8% | 17.0% | 8.9% |
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.