Belden (BDC) Stock Forecast, Price Target & Predictions
BDC Stock Forecast
Belden stock forecast is as follows: an average price target of $122.33 (represents a 15.13% upside from BDC’s last price of $106.25) and a rating consensus of 'Buy', based on 21 wall street analysts offering a 1-year stock forecast.
BDC Price Target
The average price target for Belden (BDC) is $122.33 based on 1-year price targets from 21 Wall Street analysts in the past 3 months, with a price target range of $124.00 to $120.00. This represents a potential 15.13% upside from BDC's last price of $106.25.
BDC Analyst Ratings
According to 21 Wall Street analysts, Belden's rating consensus is 'Buy'. The analyst rating breakdown for BDC stock is 0 'Strong Buy' (0.00%), 15 'Buy' (71.43%), 5 'Hold' (23.81%), 1 'Sell' (4.76%), and 0 'Strong Sell' (0.00%).
Belden Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 16, 2024 | Chris Dankert | Loop Capital Markets | $120.00 | $103.04 | 16.46% | 12.94% |
| Sep 16, 2024 | Mark Delaney | Goldman Sachs | $124.00 | $103.04 | 20.34% | 16.71% |
| Jul 05, 2024 | William Stein | Truist Financial | $123.00 | $90.89 | 35.33% | 15.76% |
| Jun 14, 2024 | William Stein | Truist Financial | $119.00 | $95.45 | 24.67% | 12.00% |
| May 17, 2024 | Chris Dankert | Loop Capital Markets | $115.00 | $93.38 | 23.15% | 8.24% |
| Apr 20, 2022 | - | Goldman Sachs | $55.00 | $51.28 | 7.25% | -48.24% |
The latest Belden stock forecast, released on Sep 16, 2024 by Chris Dankert from Loop Capital Markets, set a price target of $120.00, which represents a 16.46% increase from the stock price at the time of the forecast ($103.04), and a 12.94% increase from BDC last price ($106.25).
Belden Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 5 |
| Avg Price Target | $122.00 | $122.33 | $120.20 |
| Last Closing Price | $106.25 | $106.25 | $106.25 |
| Upside/Downside | 14.82% | 15.13% | 13.13% |
In the current month, the average price target of Belden stock is $122.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 14.82% increase as opposed to Belden's last price of $106.25. This month's average price target is down -0.27% compared to last quarter, and up 1.50% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 16, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Sep 16, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Aug 05, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Jul 23, 2024 | Vertical Research | Underperform | Underperform | Hold |
| Jul 23, 2024 | Vertical Research | - | Buy | Initialise |
| Jul 05, 2024 | UBS | Buy | Buy | Hold |
| Jul 05, 2024 | Needham | Buy | Buy | Hold |
| Jul 05, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 05, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
| Jul 05, 2024 | William Blair | Buy | Buy | Hold |
Belden's last stock rating was published by Loop Capital Markets on Sep 16, 2024. The company gave BDC a "Buy" rating, the same as its previous rate.
Belden Financial Forecast
Belden Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $626.81M | $692.25M | $641.79M | $659.07M | $670.49M | $666.55M | $610.37M | $638.91M | $630.84M | $601.97M | $536.38M | $498.54M | $475.84M | $424.81M | $463.53M | $286.25M | $620.32M |
| Avg Forecast | $719.17M | $734.24M | $740.87M | $666.13M | $693.09M | $697.59M | $691.77M | $637.84M | $648.03M | $643.63M | $574.32M | $514.27M | $521.80M | $635.14M | $688.41M | $624.56M | $644.71M | $634.91M | $634.29M | $571.65M | $625.51M | $601.50M | $542.83M | $498.03M | $483.83M | $446.22M | $410.48M | $473.87M | $520.77M | $632.66M |
| High Forecast | $722.96M | $738.11M | $744.77M | $669.64M | $696.74M | $701.27M | $695.41M | $641.20M | $651.44M | $647.02M | $577.34M | $516.97M | $524.55M | $681.70M | $692.04M | $627.85M | $648.11M | $638.25M | $634.29M | $585.87M | $641.07M | $616.47M | $556.33M | $510.41M | $495.87M | $457.32M | $420.69M | $485.66M | $533.73M | $648.39M |
| Low Forecast | $717.81M | $732.85M | $739.46M | $664.87M | $691.78M | $696.27M | $690.45M | $636.63M | $646.80M | $642.41M | $573.23M | $513.29M | $520.81M | $625.03M | $687.11M | $623.38M | $643.49M | $633.70M | $634.29M | $563.93M | $617.06M | $593.38M | $535.50M | $491.30M | $477.30M | $440.19M | $404.93M | $467.47M | $513.74M | $624.11M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 6 | 3 | 3 | 4 | 4 | 2 | - | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.01% | 1.03% | 1.02% | 1.06% | 1.05% | 1.07% | 1.02% | 1.05% | 1.11% | 1.08% | 1.03% | 1.07% | 1.03% | 0.98% | 0.55% | 0.98% |
Belden's average Quarter revenue forecast for Dec 23 based on 1 analysts is $521.80M, with a low forecast of $520.81M, and a high forecast of $524.55M. BDC's average Quarter revenue forecast represents a -16.75% decrease compared to the company's last Quarter revenue of $626.81M (Sep 23).
Belden EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 6 | 3 | 3 | 4 | 4 | 2 | - | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $95.43M | $92.60M | $109.44M | $102.95M | $114.83M | $104.61M | $95.80M | $-10.86M | $88.15M | $88.27M | $74.25M | $59.20M | $60.32M | $-26.51M | $31.13M | $-74.28M | $-244.42M |
| Avg Forecast | $112.15M | $114.50M | $115.53M | $103.88M | $108.08M | $108.78M | $107.87M | $99.46M | $101.05M | $100.37M | $89.56M | $91.37M | $81.37M | $99.04M | $107.35M | $83.06M | $100.54M | $85.36M | $98.91M | $65.66M | $-10.52M | $77.60M | $62.92M | $47.03M | $49.21M | $48.48M | $-35.02M | $4.48M | $-65.26M | $-288.30M |
| High Forecast | $112.74M | $115.10M | $116.14M | $104.42M | $108.65M | $109.36M | $108.44M | $99.99M | $101.59M | $100.90M | $90.03M | $109.64M | $81.80M | $106.30M | $107.92M | $99.68M | $101.07M | $102.43M | $98.91M | $78.80M | $-8.41M | $93.12M | $75.50M | $56.43M | $59.05M | $58.17M | $-28.01M | $5.37M | $-52.21M | $-230.64M |
| Low Forecast | $111.93M | $114.28M | $115.31M | $103.68M | $107.88M | $108.58M | $107.67M | $99.28M | $100.86M | $100.18M | $89.39M | $73.10M | $81.21M | $97.47M | $107.15M | $66.45M | $100.35M | $68.29M | $98.91M | $52.53M | $-12.62M | $62.08M | $50.33M | $37.62M | $39.37M | $38.78M | $-42.02M | $3.58M | $-78.31M | $-345.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.86% | 1.32% | 1.02% | 1.35% | 1.06% | 1.46% | 1.03% | 1.14% | 1.40% | 1.58% | 1.20% | 1.24% | 0.76% | 6.95% | 1.14% | 0.85% |
1 analysts predict BDC's average Quarter EBITDA for Dec 23 to be $81.37M, with a high of $81.80M and a low of $81.21M. This is -14.73% lower than Belden's previous annual EBITDA (Sep 23) of $95.43M.
Belden Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 6 | 3 | 3 | 4 | 4 | 2 | - | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $72.35M | $68.75M | $63.19M | $61.97M | $98.29M | $58.56M | $35.84M | $-51.57M | $41.26M | $43.76M | $28.67M | $6.94M | $17.00M | $-67.91M | $-11.19M | $-147.41M | $-297.01M |
| Avg Forecast | $82.79M | $84.99M | $85.54M | $72.30M | $81.71M | $81.44M | $79.84M | $68.12M | $68.46M | $66.27M | $56.35M | $40.35M | $46.43M | $72.64M | $73.76M | $36.68M | $68.34M | $39.96M | $59.33M | $29.00M | $-48.21M | $36.33M | $31.19M | $18.16M | $5.76M | $14.00M | $-43.21M | $-11.19M | $-129.50M | $-313.86M |
| High Forecast | $83.36M | $85.57M | $86.13M | $72.80M | $82.27M | $81.99M | $80.39M | $68.59M | $68.92M | $67.92M | $56.73M | $48.42M | $46.75M | $73.47M | $74.26M | $44.02M | $68.81M | $47.95M | $59.33M | $34.80M | $-38.57M | $43.59M | $37.43M | $21.79M | $6.92M | $16.80M | $-34.57M | $-8.95M | $-103.60M | $-251.09M |
| Low Forecast | $82.59M | $84.78M | $85.33M | $72.12M | $81.51M | $81.24M | $79.65M | $67.95M | $68.29M | $65.86M | $56.21M | $32.28M | $46.31M | $72.46M | $73.57M | $29.35M | $68.17M | $31.97M | $59.33M | $23.20M | $-57.86M | $29.06M | $24.95M | $14.52M | $4.61M | $11.20M | $-51.85M | $-13.43M | $-155.40M | $-376.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.93% | 1.72% | 0.91% | 2.46% | 0.99% | 1.24% | 1.07% | 1.14% | 1.40% | 1.58% | 1.20% | 1.21% | 1.57% | 1.00% | 1.14% | 0.95% |
Belden's average Quarter net income forecast for Dec 23 is $46.43M, with a range of $46.31M to $46.75M. BDC's average Quarter net income forecast represents a -35.82% decrease compared to the company's last Quarter net income of $72.35M (Sep 23).
Belden SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 6 | 3 | 3 | 4 | 4 | 2 | - | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $118.08M | $126.64M | $121.57M | $129.89M | $110.48M | $105.20M | $103.07M | $112.37M | $109.96M | $105.55M | $98.45M | $91.06M | $85.04M | $91.70M | $98.39M | $51.89M | $120.17M |
| Avg Forecast | $133.64M | $136.44M | $137.67M | $123.78M | $128.79M | $129.63M | $128.55M | $118.53M | $120.42M | $119.60M | $106.72M | $116.04M | $96.96M | $118.02M | $127.92M | $105.49M | $119.80M | $106.49M | $117.87M | $83.39M | $108.86M | $96.81M | $75.24M | $62.35M | $75.69M | $69.70M | $58.36M | $98.39M | $45.59M | $126.99M |
| High Forecast | $134.34M | $137.16M | $138.40M | $124.44M | $129.47M | $130.31M | $129.22M | $119.15M | $121.05M | $120.23M | $107.28M | $139.24M | $97.47M | $126.68M | $128.60M | $126.59M | $120.43M | $127.78M | $117.87M | $100.07M | $130.63M | $116.17M | $90.28M | $74.82M | $90.82M | $83.64M | $70.03M | $118.07M | $54.70M | $152.38M |
| Low Forecast | $133.39M | $136.18M | $137.41M | $123.55M | $128.55M | $129.38M | $128.30M | $118.30M | $120.19M | $119.38M | $106.52M | $92.83M | $96.78M | $116.15M | $127.68M | $84.39M | $119.58M | $85.19M | $117.87M | $66.71M | $87.09M | $77.44M | $60.19M | $49.88M | $60.55M | $55.76M | $46.69M | $78.71M | $36.47M | $101.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.99% | 1.15% | 1.08% | 1.04% | 0.89% | 1.24% | 1.03% | 1.14% | 1.40% | 1.58% | 1.20% | 1.22% | 1.57% | 1.00% | 1.14% | 0.95% |
Belden's average Quarter SG&A projection for Dec 23 is $96.96M, based on 1 Wall Street analysts, with a range of $96.78M to $97.47M. The forecast indicates a -17.88% fall compared to BDC last annual SG&A of $118.08M (Sep 23).
Belden EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 6 | 3 | 3 | 4 | 4 | 2 | - | 2 | 2 | 2 | 10 | 10 | 9 | 8 | 7 | 6 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.72 | $1.62 | $1.48 | $1.45 | $2.26 | $1.32 | $0.80 | $-1.15 | $0.92 | $0.98 | $0.64 | $0.16 | $0.38 | $-1.52 | $-0.25 | $-3.24 | $-6.68 |
| Avg Forecast | $2.01 | $2.06 | $2.08 | $1.75 | $1.98 | $1.98 | $1.94 | $1.65 | $1.66 | $1.61 | $1.37 | $1.06 | $1.13 | $1.76 | $1.79 | $1.54 | $1.66 | $1.56 | $1.43 | $1.10 | $1.27 | $1.18 | $0.93 | $0.66 | $0.77 | $0.61 | $0.28 | $0.67 | $1.07 | $1.41 |
| High Forecast | $2.02 | $2.08 | $2.09 | $1.77 | $2.00 | $1.99 | $1.95 | $1.66 | $1.67 | $1.65 | $1.38 | $1.07 | $1.13 | $1.78 | $1.80 | $1.55 | $1.67 | $1.57 | $1.43 | $1.13 | $1.31 | $1.22 | $0.96 | $0.68 | $0.80 | $0.63 | $0.28 | $0.69 | $1.11 | $1.45 |
| Low Forecast | $2.00 | $2.06 | $2.07 | $1.75 | $1.98 | $1.97 | $1.93 | $1.65 | $1.66 | $1.60 | $1.36 | $1.06 | $1.12 | $1.76 | $1.79 | $1.54 | $1.65 | $1.56 | $1.43 | $1.08 | $1.24 | $1.16 | $0.92 | $0.65 | $0.76 | $0.60 | $0.27 | $0.66 | $1.05 | $1.38 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.91% | 0.96% | 0.87% | 1.45% | 0.92% | 0.73% | -0.91% | 0.78% | 1.05% | 0.97% | 0.21% | 0.63% | -5.53% | -0.37% | -3.02% | -4.75% |
According to 1 Wall Street analysts, Belden's projected average Quarter EPS for Dec 23 is $1.13, with a low estimate of $1.12 and a high estimate of $1.13. This represents a -34.49% decrease compared to BDC previous annual EPS of $1.72 (Sep 23).
Belden Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DZSI | DZS | $0.60 | $15.67 | 2511.67% | Buy |
| CMBM | Cambium Networks | $1.97 | $34.17 | 1634.52% | Buy |
| MYNA | Mynaric | $0.92 | $4.00 | 334.78% | Hold |
| KVHI | KVH Industries | $4.59 | $13.00 | 183.22% | Buy |
| ADTN | ADTRAN | $5.60 | $15.67 | 179.82% | Buy |
| CMTL | Comtech Telecommunications | $3.27 | $9.00 | 175.23% | Hold |
| AUDC | AudioCodes | $9.36 | $19.00 | 102.99% | Buy |
| AVNW | Aviat Networks | $22.49 | $44.33 | 97.11% | Buy |
| CLFD | Clearfield | $39.89 | $61.60 | 54.42% | Buy |
| DGII | Digi | $26.64 | $39.80 | 49.40% | Buy |
| EXTR | Extreme Networks | $15.19 | $19.33 | 27.25% | Buy |
| HLIT | Harmonic | $13.59 | $17.00 | 25.09% | Buy |
| BDC | Belden | $106.29 | $122.33 | 15.09% | Buy |
| NTGR | NETGEAR | $20.91 | $22.00 | 5.21% | Buy |
BDC Forecast FAQ
Is Belden a good buy?
Yes, according to 21 Wall Street analysts, Belden (BDC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 71.43% of BDC's total ratings.
What is BDC's price target?
Belden (BDC) average price target is $122.33 with a range of $120 to $124, implying a 15.13% from its last price of $106.25. The data is based on 21 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Belden stock go up soon?
According to Wall Street analysts' prediction for BDC stock, the company can go up by 15.13% (from the last price of $106.25 to the average price target of $122.33), up by 16.71% based on the highest stock price target, and up by 12.94% based on the lowest stock price target.
Can Belden stock reach $200?
BDC's average twelve months analyst stock price target of $122.33 does not support the claim that Belden can reach $200 in the near future.
What is Belden's current price target trend?
2 Wall Street analysts forecast a $122 price target for Belden (BDC) this month, up 14.82% from its last price of $106.25. Compared to the last 3 and 12 months, the average price target increased by 15.13% and increased by 13.13%, respectively.
What are Belden's analysts' financial forecasts?
Belden's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.72B (high $2.73B, low $2.72B), average EBITDA is $424.2M (high $426.44M, low $423.4M), average net income is $311.11M (high $313.24M, low $310.34M), average SG&A $505.5M (high $508.16M, low $504.54M), and average EPS is $7.55 (high $7.6, low $7.53). BDC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.86B (high $2.88B, low $2.85B), average EBITDA is $446.05M (high $448.4M, low $445.21M), average net income is $325.62M (high $327.85M, low $324.82M), average SG&A $531.53M (high $534.33M, low $530.53M), and average EPS is $7.9 (high $7.96, low $7.88).
Did the BDC's actual financial results beat the analysts' financial forecasts?
Based on Belden's last annual report (Dec 2023), the company's revenue was $2.51B, beating the average analysts forecast of $2.47B by 1.71%. Apple's EBITDA was $317.52M, missing the average prediction of $370.83M by -14.38%. The company's net income was $242.76M, beating the average estimation of $229.51M by 5.77%. Apple's SG&A was $492.7M, beating the average forecast of $448.4M by 9.88%. Lastly, the company's EPS was $5.75, missing the average prediction of $6.22 by -7.61%. In terms of the last quarterly report (Sep 2023), Belden's revenue was $626.81M, missing the average analysts' forecast of $635.14M by -1.31%. The company's EBITDA was $95.43M, missing the average prediction of $99.04M by -3.65%. Belden's net income was $72.35M, missing the average estimation of $72.64M by -0.41%. The company's SG&A was $118.08M, beating the average forecast of $118.02M by 0.05%. Lastly, the company's EPS was $1.72, missing the average prediction of $1.76 by -2.44%