Plexus Corp. (NASDAQ:PLXS) Receives Consensus Rating of “Moderate Buy” from Brokerages

Posted by on Jul 17th, 2026

Plexus Corp. (NASDAQ:PLXS – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $246.6667.

Several brokerages have commented on PLXS. Zacks Research raised shares of Plexus from a “strong sell” rating to a “hold” rating in a research report on Monday. Stifel Nicolaus raised their price target on shares of Plexus from $280.00 to $330.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Wall Street Zen raised shares of Plexus from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings upgraded Plexus from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, July 6th. Finally, Needham & Company LLC increased their price objective on Plexus from $285.00 to $310.00 and gave the company a “buy” rating in a report on Monday, June 1st.

Get Our Latest Stock Report on PLXS

Insider Transactions at Plexus

In related news, insider Victor (Pang Hau) Tan sold 3,000 shares of Plexus stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $271.23, for a total value of $813,690.00. Following the completion of the sale, the insider owned 10,457 shares of the company’s stock, valued at approximately $2,836,252.11. This trade represents a 22.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Angelo Michael Ninivaggi, Jr. sold 3,270 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $264.75, for a total transaction of $865,732.50. Following the sale, the executive vice president directly owned 16,266 shares in the company, valued at approximately $4,306,423.50. This trade represents a 16.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 20,481 shares of company stock worth $5,519,183. 1.78% of the stock is owned by company insiders.

Institutional Trading of Plexus

Institutional investors have recently modified their holdings of the business. Victory Capital Management Inc. boosted its holdings in Plexus by 130.0% in the 4th quarter. Victory Capital Management Inc. now owns 349,057 shares of the technology company’s stock worth $51,311,000 after buying an additional 197,283 shares during the period. Emerald Advisers LLC bought a new stake in Plexus during the 1st quarter valued at $33,729,000. MetLife Investment Management LLC lifted its position in shares of Plexus by 713.3% during the fourth quarter. MetLife Investment Management LLC now owns 126,971 shares of the technology company’s stock worth $18,665,000 after acquiring an additional 111,360 shares in the last quarter. Emerald Mutual Fund Advisers Trust bought a new position in shares of Plexus in the first quarter worth $20,715,000. Finally, Balyasny Asset Management L.P. bought a new position in shares of Plexus in the third quarter worth $12,509,000. 94.45% of the stock is currently owned by hedge funds and other institutional investors.

Plexus Trading Down 2.1%

Shares of Plexus stock opened at $248.80 on Friday. Plexus has a 1 year low of $115.35 and a 1 year high of $307.06. The firm has a market cap of $6.66 billion, a PE ratio of 36.37 and a beta of 0.88. The stock has a fifty day moving average price of $275.32 and a 200-day moving average price of $226.65. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.54 and a quick ratio of 0.74.

Plexus (NASDAQ:PLXS – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $0.18. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.13 billion. Plexus had a net margin of 4.35% and a return on equity of 12.84%. The firm’s quarterly revenue was up 18.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.66 EPS. Plexus has set its Q3 2026 guidance at 2.020-2.180 EPS. Equities research analysts anticipate that Plexus will post 5.98 EPS for the current year.

Plexus Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Plexus (NASDAQ:PLXS)

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