Littelfuse (LFUS)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
$419.07+1.17%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
Warn: Primary pillar under pressure — Operating income improves beyond $100 million: Operating income not reported.
Littelfuse is improving revenue and profit after losses. Revenue grew 19% last quarter. Operating income rose from a loss of $223M to a profit of $101M. The company aims for $690-$710 million revenue in Q2 2026 and $25 EPS in 2026.
The company is still loss-making and faces a recent sharp selloff. Guidance is soft and risks from litigation and credit agreements remain. If revenue growth or profit gains stall, the turnaround may fail.
The price is about 22% below our fair value near $530. Analysts expect 14% revenue growth. The market prices in a cautious recovery but recent selloff reflects uncertainty about sustaining profit gains.
Breaks if: EPS falls below $25 in FY 2026
Breaks if: Free cash flow falls below $366 million in FY 2026
Breaks if: Operating income falls below $100 million over next 4 quarters
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment thesis reflects a mix of growth and stability, focusing on LFUS's ability to capitalize on high-growth opportunities while managing risks. The current state indicates a cautious watch as the company navigates its recent challenges and opportunities.
The market appears to price LFUS as relatively cheap compared to its peers, with a notable expectations gap. This suggests that investors may not fully anticipate the company's growth potential or the risks it faces.
Management is on track with priorities like driving growth, enhancing margins, and maintaining disciplined capital allocation. Recent financial performance has shown improvement, but it still lags behind industry peers, which could impact future results.
The thesis hinges on several factors, including management's ability to maintain guidance, potential interest rate cuts by the Fed, and the performance of sector leaders. Any guidance cuts could negatively impact sentiment, while positive sector momentum could provide support.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports a positive outlook. Additionally, Littelfuse is emerging as a winner in AI infrastructure, which drives growth. There are no new threats to the thesis at this time.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: Revenue falls below $690 million in Q2 2026
Target revenue growth to reach $690-$710 million in the second quarter of 2026.
In the next 1 to 3 years, LFUS's performance will depend on management execution and external market conditions. Not investment advice.