Added to YB: 2026-06-26
Pitch date: 2026-06-24
BDC [bullish]
Belden Inc.
Author Info
P14 Capital is a former buy-side research analyst who uncovers undervalued opportunities in SMID-cap equities. Long-biased and generalist. Sign up for the newsletter.
Company Info
Belden Inc. provides connection solutions to bring data infrastructure into alignment to unlock new possibilities for its customers.
Market Cap
$4.6B
Pitch Price
N/A
Price Target
235.00 (+98%)
Dividend
0.17%
EV/EBITDA
11.96
P/E
19.92
EV/Sales
2.05
Sector
Electronic Equipment, Instruments and Components
Category
growth
$BDC - The Networking Stock to Rule Them All
BDC: Mispriced as cyclical cable co despite shift to high-margin IT/OT solutions. RUCKUS deal (32% growth, 60%+ GM) overhang is the opportunity. Models 18.7% rev CAGR FY26-28, 473bps EBITDA margin expansion. Trades 14.5x EV/EBITDA vs peers 21.4x. PT $235 (+93%); bear $100.
Read full article (22 min)