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Belden Inc

Belden Inc

BDC
$101.39USD↑+0.19%+0.19 today

MARKET CAP

3.9B

P/E (TTM)

13.2x

FWD P/E

11.9x

DAY RANGE

$98 – $102

52W RANGE

$98
$160

AI Summary

Stalk
TrimMedium

BDC remains in a defined multi-month downtrend (Stage 4) with a bearish medium-term bias. Price is extended below all major EMAs, indicating momentum to the downside but requiring a counter-trend bounce into declining EMAs for optimal execution. Until price rallies back into the 9/21 EMA area and shows rejection at resistance, execution is deferred via trimming into strength.

  • ↑Q1 2026 revenue +11% YoY to $696M, adjusted EPS $1.77 (+11%).
  • ↑Ruckus Networks buy ($1.85B) to lift integrated solutions to >20% by 2028.
  • ↓Leverage elevated, heightening refinancing and interest-rate exposure.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Belden Inc. (NYSE: BDC) is a leading provider of specialty networking solutions, particularly within the industrial automation, enterprise, and broadcast sectors. The company focuses on integrating operational technology (OT) and information technology (IT), positioning itself to capture growing demand for comprehensive networking solutions amid the ongoing digital transformation and industry trends towards automation and reindustrialization.

Bull says

  • ↑Q1 2026 revenue +11% YoY to $696M, adjusted EPS $1.77 (+11%).
  • ↑Ruckus Networks buy ($1.85B) to lift integrated solutions to >20% by 2028.
  • ↑Book-to-bill at 1.0 signals robust automation order momentum.
  • ↑Trailing FCF of $220M funds $100M share buybacks and investments.
  • ↑Q2 revenue guidance $735–750M underscores sustained demand trajectory.
  • ↑High earnings yield, strong quality factors, positive momentum, low volatility.

Bear says

  • ↓Leverage elevated, heightening refinancing and interest-rate exposure.
  • ↓Negative profitability metrics and downward earnings revisions hint at margin risk.
  • ↓Copper price swings trimmed margins by ~50 bps, pressuring profits.
  • ↓Dependence on IT-OT convergence exposes demand to market uncertainties.
  • ↓Low institutional ownership and negative oil sensitivity limit upside.
  • ↓Stock may be overhyped amid macro pressures and execution risks.

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-10-2026bullish

Transcript signals

Bull points

  • we have made our vision really to, you know, provide our customers with the most comprehensive network solutions that can take them all the way from basic digitization all the way to autonomy,
  • articulated a goal of over 20% by 2028 in terms of solutions mix.
  • it's more the 30-ish percent number that you mentioned.

Bear points

  • assuming a continuation of current market conditions, we expect second quarter revenue of $735 million to $750 million, GAAP EPS of $1.53 to $1.63, and adjusted EPS of $1.95 to $2.05.
Read full transcript analysis ›