Littelfuse (LFUS) Rises 3.5% on Q4 Beat, Strong Q1 Guidance, Analyst Upgrade to Buy

Littelfuse (NASDAQ: LFUS) shares rose 3.5% to $325.30 on January 29, 2026, after reporting better-than-expected Q4 earnings of $2.69 per share on $594M revenue and issuing upbeat Q1 sales guidance of $625M–$645M. Benchmark analyst David Williams upgraded the stock from Hold to Buy with a $360 price target, citing “robust backlog” and 20% YoY growth in Q4 bookings. The midpoint of Q1 guidance implies 15% YoY growth and exceeds consensus by 3.5%. LFUS has gained 23.9% YTD, hitting a 52-week high. Over the past year, the stock recorded 11 moves exceeding 5%, suggesting today’s reaction reflects meaningful but not transformative news.