Bel Fuse Inc. (BELFB)
NASDAQ: BELFB · IEX Real-Time Price · USD
66.51
-2.33 (-3.38%)
At close: Jul 19, 2024, 4:00 PM
66.54
+0.03 (0.05%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Bel Fuse Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Bel Fuse stock have an average target of 75.5, with a low estimate of 68 and a high estimate of 83. The average target predicts an increase of 13.52% from the current stock price of 66.51.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 29, 2024.
Analyst Ratings
The average analyst rating for Bel Fuse stock from 2 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 | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $70 → $68 | Strong Buy | Maintains | $70 → $68 | +2.24% | Apr 29, 2024 |
| Needham | Needham | Strong Buy Maintains $77 → $70 | Strong Buy | Maintains | $77 → $70 | +5.25% | Feb 23, 2024 |
| Needham | Needham | Strong Buy Maintains $70 → $77 | Strong Buy | Maintains | $70 → $77 | +15.77% | Jan 29, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $83 | Buy | Initiates | $83 | +24.79% | Jan 11, 2024 |
| Needham | Needham | Strong Buy Maintains $66 → $70 | Strong Buy | Maintains | $66 → $70 | +5.25% | Oct 27, 2023 |
Financial Forecast
Revenue This Year
547.02M
from 639.81M
Decreased by -14.50%
Revenue Next Year
602.04M
from 547.02M
Increased by 10.06%
EPS This Year
4.53
from 5.52
Decreased by -17.89%
EPS Next Year
5.39
from 4.53
Increased by 18.85%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 565.0M | 618.5M |
| Avg | 547.0M | 602.0M |
| Low | 513.6M | 568.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -11.7% | 13.1% |
| Avg | -14.5% | 10.1% |
| Low | -19.7% | 3.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.88 | 5.78 |
| Avg | 4.53 | 5.39 |
| Low | 4.07 | 4.86 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -11.5% | 27.4% |
| Avg | -17.9% | 18.9% |
| Low | -26.3% | 7.2% |
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.