Plexus Corp. (NASDAQ:PLXS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Plexus Corp. (NASDAQ:PLXS) have received an average rating of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $189.20.

A number of analysts have commented on PLXS shares. Zacks Research raised Plexus from a “hold” rating to a “strong-buy” rating in a report on Friday, February 6th. Needham & Company LLC lifted their price objective on Plexus from $165.00 to $206.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Williams Trading set a $195.00 target price on shares of Plexus in a research note on Wednesday, January 28th. Weiss Ratings upgraded shares of Plexus from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Finally, Stifel Nicolaus increased their price objective on shares of Plexus from $150.00 to $200.00 and gave the company a “hold” rating in a research report on Friday, January 30th.

Plexus Trading Up 1.1%

NASDAQ PLXS opened at $201.28 on Tuesday. Plexus has a 12 month low of $103.43 and a 12 month high of $211.84. The company has a current ratio of 1.59, a quick ratio of 0.75 and a debt-to-equity ratio of 0.06. The stock’s fifty day moving average price is $171.66 and its 200-day moving average price is $151.00. The stock has a market cap of $5.39 billion, a P/E ratio of 31.30 and a beta of 0.81.

Plexus (NASDAQ:PLXS) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.01. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Plexus had a net margin of 4.28% and a return on equity of 12.39%. Plexus’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.73 EPS. Plexus has set its Q2 2026 guidance at 1.800-1.950 EPS. As a group, equities analysts forecast that Plexus will post 5.9 EPS for the current fiscal year.

Insider Transactions at Plexus

In related news, CEO Todd P. Kelsey sold 8,120 shares of Plexus stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $205.65, for a total value of $1,669,878.00. Following the completion of the sale, the chief executive officer owned 78,598 shares of the company’s stock, valued at $16,163,678.70. The trade was a 9.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Dean A. Foate sold 5,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $204.89, for a total value of $1,024,450.00. Following the completion of the transaction, the chairman directly owned 15,000 shares in the company, valued at approximately $3,073,350. This represents a 25.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 30,951 shares of company stock worth $6,077,670. Company insiders own 1.78% of the company’s stock.

Institutional Trading of Plexus

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PLXS. Vanguard Group Inc. grew its position in shares of Plexus by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 3,683,845 shares of the technology company’s stock valued at $533,016,000 after acquiring an additional 22,374 shares during the period. Dimensional Fund Advisors LP grew its holdings in Plexus by 0.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,373,457 shares of the technology company’s stock valued at $201,903,000 after purchasing an additional 7,051 shares during the period. American Century Companies Inc. increased its position in Plexus by 44.2% in the third quarter. American Century Companies Inc. now owns 1,103,892 shares of the technology company’s stock worth $159,722,000 after buying an additional 338,119 shares in the last quarter. State Street Corp raised its stake in shares of Plexus by 2.3% in the second quarter. State Street Corp now owns 1,059,501 shares of the technology company’s stock worth $143,361,000 after buying an additional 24,115 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in shares of Plexus by 4.0% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 915,296 shares of the technology company’s stock valued at $132,434,000 after buying an additional 35,237 shares in the last quarter. 94.45% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Plexus

Here are the key news stories impacting Plexus this week:

• Positive Sentiment: Zacks Research sharply raised forward earnings estimates across 2026–2028 (examples: FY2026 to $6.64 from $6.38, FY2027 to $7.34 from $7.08, FY2028 to $8.06 from $7.86) and lifted quarterly forecasts (e.g., Q2 2026 to $1.62 from $1.51, Q3 2026 to $1.72 from $1.65, Q4 2026 to $1.79 from $1.70). Zacks also maintains a “Strong‑Buy” rating — the upgrades support higher future profitability expectations and are a clear bullish signal to investors.
• Neutral Sentiment: Analyst consensus data shows a “Moderate Buy” consensus with an average target price of $189.20 (MarketBeat summary). That target is below the current trading level, signaling mixed analyst views on upside from here. Plexus Corp. Receives $189.20 Average Target Price

Plexus Company Profile

Plexus Corp. (NASDAQ: PLXS) is a global provider of electronics manufacturing services (EMS) and precision engineered electronics solutions. Headquartered in Neenah, Wisconsin, the company partners with original equipment manufacturers across industries such as medical, industrial, aerospace and defense, computing, and communications. Plexus offers a full suite of services that span new product introduction, product lifecycle management, supply chain management, printed circuit board assembly, system integration, and aftermarket support.

Founded in 1979, Plexus has grown from a regional electronics assembler into a multinational organization with manufacturing and engineering centers across North America, Europe, and Asia.