Oppenheimer analyst Christopher Glynn raised the firm’s price target on Bel Fuse (BELFB) to $315 from $265 and keeps an Outperform rating on the shares following quarterly results. The firm says that the more pivotal aspects of the quarter were an unquantified but really strong book-to-bill ratio that accelerated from the 1.3 time in Q4 2025; eventful developments across Bel’s positioning into defense and data solutions/AI markets that endorse ongoing organic growth initiatives; and Q2 sales guidance midpoint 11%-12% above prior estimates.
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