Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- About
Belden Inc(BDC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BDC
09/15/2026: BDC (1-star) is currently NOT-A-BUY. Pass it for now.
Belden Inc is a well-established provider of signal transmission solutions, focusing on mission-critical industrial, enterprise, and broadcast infrastructure. The company has a leading position in industrial networking, specifically through its Hirschmann brand, which is driving growth as factories undergo digital transformation. Its primary opportunity lies in successfully shifting from commodity cable hardware to higher-margin, software-enabled networking services. Key risks include intense competition from global industrial conglomerates and the cyclicality of capital expenditure budgets. Belden may suit investors looking for value in the industrial space, with developments in industrial automation and software integration serving as key performance indicators to monitor.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Belden offers moderate growth potential linked to industrial automation, but lacks the high-velocity expansion of tech-sector growth stocks. |
| Momentum investor | Weak fit | The stock typically lacks the high-volatility, high-upside price momentum favored by pure momentum traders. |
| Value investor | Strong fit | Belden often trades at reasonable valuation multiples relative to its industrial earnings potential. |
| Dividend investor | Mixed fit | While it pays a dividend, income-focused investors might find the yield secondary to the capital appreciation story. |
| Low-risk investor | Mixed fit | The stock's industrial cyclicity creates moderate volatility that may not suit the most risk-averse investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | The stock price can fluctuate based on industrial demand cycles and macroeconomic shifts. |
| Valuation risk | Low | Current trading levels appear consistent with historical industrial peers. |
| Competition risk (Industrial Automation) | Medium / high | Competition from large players like Siemens puts pressure on pricing and R&D requirements. |
| Business quality | Medium | The transition to integrated networking is ongoing and remains subject to successful execution. |
| Dividend income | Low | Dividends are reliable but not the primary driver of total returns. |
| Execution risk | Medium | Success depends on the company's ability to pivot its hardware-heavy model to include more software solutions. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -35.65% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.35B USD | Price to earnings Ratio 18.07 | 1Y Target Price 156.5 |
Price to earnings Ratio 18.07 | 1Y Target Price 156.5 | ||
Volume (30-day avg) 406.2K shares | Beta 1.09 | 52 Weeks Range 98.00 - 159.86 | Updated Date 09/15/2026 |
52 Weeks Range 98.00 - 159.86 | Updated Date 09/15/2026 | ||
Dividends yield (FY) 0.18% | Basic EPS (TTM) 6.16 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Industrial Automation | Industrial Ethernet switches, sensors, and network management software. | This is the company's primary growth engine as factories modernize. |
| Enterprise Solutions | Data center connectivity, fiber optics, and enterprise networking hardware. | Reliable revenue stream driven by corporate infrastructure spending. |
| Specialty Solutions | Broadcast/AV equipment and government communications hardware. | Provides specialized, niche revenue with relatively stable demand. |
| Geography | Global distribution across the Americas, EMEA, and APAC. | Well-diversified, though dependent on global capital expenditure trends. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 18.07 | Forward PE 14.88 | Enterprise Value 5.40B | Price to Sales(TTM) 1.52 |
Enterprise Value 5.40B | Price to Sales(TTM) 1.52 | ||
Enterprise Value to Revenue 1.89 | Enterprise Value to EBITDA 11.41 | Shares Outstanding 39.08M | Shares Floating 38.35M |
Shares Outstanding 39.08M | Shares Floating 38.35M | ||
Percent Insiders 1.56 | Percent Institutions 108.89 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Belden Inc
Exchange NYSE | Headquarters Saint Louis, MO, United States | ||
IPO Launch date 1993-09-29 | President, CEO & Director Dr. Ashish Chand | ||
Sector Technology | Industry Communication Equipment | Full time employees 8000 | Website https://www.belden.com |
Full time employees 8000 | Website https://www.belden.com | ||
Belden Inc. provides connection solutions to bring data infrastructure into alignment to unlock new possibilities for its customers. The company provides copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in local area networks, data centers, access control, 5G, fiber to the home, and building automation applications. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end fiber and copper network systems. It also serves commercial real estate, education, financial institutions, stadiums and venues, military installations, and broadband and wireless service providers, as well as data centers, government, healthcare, and hospitality sectors. In addition, the company offers network digitization and automation solutions; and products and solutions covering various aspects of data handling, including acquisition, transmission, orchestration, and management for applications in discrete automation, process automation, energy, and mass transit. It sells its products to distributors, end-users, installers, and original equipment manufacturers (OEMs). It operates in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is headquartered in Saint Louis, Missouri.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.