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Bel Fuse Inc has a consensus price target of $79.5 based on the ratings of 2 analysts. The high is $80 issued by Northland Capital Markets on September 5, 2024. The low is $79 issued by Needham on July 26, 2024. The 3 most-recent analyst ratings were released by Northland Capital Markets, Northland Capital Markets, and Needham on September 5, 2024, July 30, 2024, and July 26, 2024, respectively. With an average price target of $79.67 between Northland Capital Markets, Northland Capital Markets, and Needham, there's an implied -0.15% downside 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 Northland Capital Markets on September 5, 2024. The analyst firm set a price target for $80.00 expecting BELFB to rise to within 12 months (a possible 0.26% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Bel Fuse (NASDAQ:BELFB) was provided by Northland Capital Markets, and Bel Fuse upgraded their outperform 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 September 5, 2024 so you should expect the next rating to be made available sometime around September 5, 2025.
While ratings are subjective and will change, the latest Bel Fuse (BELFB) rating was a upgraded with a price target of $80.00 to $80.00. The current price Bel Fuse (BELFB) is trading at is $79.79, which is out of the analyst’s predicted range.
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