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Bel Fuse Inc has a consensus price target of $95 based on the ratings of 2 analysts. The high is $95 issued by Needham on November 18, 2024. The low is $95 issued by Needham on November 18, 2024. The 3 most-recent analyst ratings were released by Needham, Northland Capital Markets, and Northland Capital Markets on November 18, 2024, October 1, 2024, and September 5, 2024, respectively. With an average price target of $90 between Needham, Northland Capital Markets, and Northland Capital Markets, there's an implied 22.58% upside for Bel Fuse Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Bel Fuse (NASDAQ:BELFB) was reported by Needham on November 18, 2024. The analyst firm set a price target for $95.00 expecting BELFB to rise to within 12 months (a possible 29.39% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for Bel Fuse (NASDAQ:BELFB) was provided by Needham, and Bel Fuse maintained their buy rating.
The last upgrade for Bel Fuse Inc happened on September 5, 2024 when Northland Capital Markets raised their price target to $80. Northland Capital Markets previously had a market perform for Bel Fuse Inc.
There is no last downgrade for Bel Fuse.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bel Fuse, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bel Fuse was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Bel Fuse (BELFB) rating was a maintained with a price target of $79.00 to $95.00. The current price Bel Fuse (BELFB) is trading at is $73.42, which is out of the analyst’s predicted range.
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