Investment firm Baird has adjusted its rating for Littelfuse (LFUS, Financial), shifting from "Outperform" to "Neutral." The firm has also revised its price target for the stock, lowering it from $225 to $182. This change comes as Baird adopts a more cautious approach to the vehicle technology and mobility sector.
Baird anticipates that Littelfuse's first-quarter results for auto suppliers will align with market expectations. However, the firm expresses concerns over the current risk/reward scenario, describing it as "upside down." This reflects a potential imbalance where risks overshadow potential rewards.
An additional challenge highlighted by Baird includes upcoming guidance updates, which might face obstacles due to the initial implementation of auto tariffs. These industry adjustments are expected to introduce some level of disruption, prompting a more conservative outlook for companies within the sector like Littelfuse.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Littelfuse Inc (LFUS, Financial) is $276.22 with a high estimate of $310.00 and a low estimate of $225.00. The average target implies an upside of 73.42% from the current price of $159.28. More detailed estimate data can be found on the Littelfuse Inc (LFUS) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Littelfuse Inc's (LFUS, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Littelfuse Inc (LFUS, Financial) in one year is $250.61, suggesting a upside of 57.34% from the current price of $159.28. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Littelfuse Inc (LFUS) Summary page.
