- Bel Fuse (BELFB, Financial) surpasses expectations with a non-GAAP EPS of $1.35 in Q1.
- Company reports significant 18.8% revenue growth year-over-year.
- Analysts predict an average upside of 56.78% from current stock price.
Bel Fuse (BELFB) has delivered impressive financial performance for the first quarter, with non-GAAP earnings per share climbing to $1.35, outpacing expectations by $0.24. This strong performance is complemented by the company's revenue surpassing forecasts, reaching $152.2 million — an 18.8% increase compared to the same period last year, and $4.27 million above estimates.
Wall Street Analysts Forecast
Looking ahead, the one-year price targets provided by 5 analysts suggest a promising future for Bel Fuse Inc (BELFB, Financial) with an average price target of $110.00. The high estimate stands at $117.00, while the low is $100.00. This implies a substantial upside potential of 56.78% from the current share price of $70.16. For more detailed projections, investors can visit the Bel Fuse Inc (BELFB) Forecast page.
The consensus among 5 brokerage firms rates Bel Fuse Inc (BELFB, Financial) at an average of 1.8, placing it in the "Outperform" category. This rating spectrum ranges from 1 (Strong Buy) to 5 (Sell), indicating strong analyst confidence in the stock's performance.
GuruFocus Fair Value Perspective
According to GuruFocus estimates, the GF Value for Bel Fuse Inc (BELFB, Financial) in the coming year is projected at $49.22. This suggests a potential downside of 29.85% from the current market price of $70.16. The GF Value metric represents a fair value estimation based on historical trading multiples, past business growth, and expected future performance. For a comprehensive view, investors can explore detailed information on the Bel Fuse Inc (BELFB) Summary page.
