Bel Fuse

BELFB · NASDAQ

$212.40−$3.17 (−1.47%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $215.57

BELFB analyst rating

BuyConsensus of 2 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy2
Hold0
Underperform0
Sell0

12-month price target · 3 analysts

Average $18.21 (−91.4% downside)

Low: $18.03
Now: $212.40
High: $18.75

Upgrades and downgrades

The latest rating actions, newest first

BELFB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Oct 13, 2026	Maintains	Overweight	$380.00 → $330.00	27%
JP Morgan	Jul 31, 2026	Maintains	Overweight	$370.00 → $380.00	27%
JP Morgan	Jun 10, 2026	Initiates	Overweight	$370.00	27%
Needham	Apr 30, 2026	Maintains	Buy	$250.00 → $300.00	59%
Needham	Feb 19, 2026	Maintains	Buy	$212.00 → $250.00	59%
Needham	Jan 14, 2026	Maintains	Buy	$168.00 → $212.00	59%
Needham	Oct 30, 2025	Maintains	Buy	$130.00 → $168.00	59%

The case for and against

Updated Jul 4, 2026

Bull case

Bel Fuse is well-positioned for future growth and profitability as it continues to benefit from a strong and diverse product portfolio, key customer relationships, and strategic acquisitions. The company's solid beat-and-raise first quarter results show strong growth in defense, commercial aerospace, and other industrial markets, as well as improved gross margins and increasing design wins. The realignment of its operating structure and focus on margin improvement further enhances growth potential. The recent repayment of debt and potential for further M&A opportunities suggests continued financial stability and growth potential for the company.

Bear case

Bel Fuse is likely to experience significant earnings growth due to the recent acquisition of Enercon defense business and its continued recovery in commercial markets, leading to a potential upside in the stock. Additionally, the company's diverse business portfolio and strong relationships with key customers contribute to its stable position in the industry. However, challenges may arise due to potential margin pressures and uncertainty in the aerospace and defense industry.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.