FY2025 Earnings Forecast for Plexus Issued By Zacks Research

Plexus Corp. (NASDAQ:PLXS) – Stock analysts at Zacks Research boosted their FY2025 earnings estimates for Plexus in a research report issued to clients and investors on Monday, November 18th. Zacks Research analyst V. Doshi now forecasts that the technology company will post earnings of $6.07 per share for the year, up from their previous estimate of $6.06. The consensus estimate for Plexus’ current full-year earnings is $6.13 per share. Zacks Research also issued estimates for Plexus’ Q4 2025 earnings at $1.70 EPS, Q1 2026 earnings at $1.62 EPS, Q3 2026 earnings at $1.86 EPS and FY2027 earnings at $8.03 EPS.

Other equities analysts have also recently issued research reports about the stock. StockNews.com upgraded shares of Plexus from a “hold” rating to a “buy” rating in a research note on Monday. Benchmark raised their target price on shares of Plexus from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Needham & Company LLC boosted their target price on shares of Plexus from $144.00 to $162.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, KeyCorp initiated coverage on Plexus in a research note on Tuesday, October 22nd. They issued a “sector weight” rating on the stock. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $133.50.

Plexus Trading Down 0.7 %

Shares of NASDAQ:PLXS opened at $156.65 on Thursday. Plexus has a 1 year low of $90.18 and a 1 year high of $169.41. The stock’s fifty day moving average price is $141.58 and its 200-day moving average price is $123.42. The company has a market cap of $4.24 billion, a P/E ratio of 39.06 and a beta of 0.87. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.51 and a quick ratio of 0.71.

Plexus (NASDAQ:PLXS) last released its quarterly earnings data on Wednesday, October 23rd. The technology company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.30. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Plexus had a return on equity of 9.51% and a net margin of 2.82%. The firm’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.44 EPS.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. UniSuper Management Pty Ltd bought a new stake in shares of Plexus during the first quarter valued at approximately $515,000. Vanguard Group Inc. boosted its holdings in shares of Plexus by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 3,515,866 shares of the technology company’s stock valued at $333,374,000 after purchasing an additional 74,988 shares during the last quarter. Comerica Bank grew its position in shares of Plexus by 22.5% during the first quarter. Comerica Bank now owns 81,817 shares of the technology company’s stock valued at $7,758,000 after purchasing an additional 15,046 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings in shares of Plexus by 269.9% in the second quarter. Harbor Capital Advisors Inc. now owns 7,268 shares of the technology company’s stock worth $750,000 after purchasing an additional 5,303 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its position in shares of Plexus by 68.4% in the first quarter. Janus Henderson Group PLC now owns 66,261 shares of the technology company’s stock worth $6,281,000 after buying an additional 26,904 shares in the last quarter. 94.45% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Plexus

In other news, insider Victor (Pang Hau) Tan sold 1,000 shares of Plexus stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $127.50, for a total transaction of $127,500.00. Following the transaction, the insider now directly owns 8,605 shares of the company’s stock, valued at $1,097,137.50. The trade was a 10.41 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Karen Marie Rapp sold 500 shares of the stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $128.02, for a total transaction of $64,010.00. Following the completion of the sale, the director now directly owns 9,586 shares of the company’s stock, valued at $1,227,199.72. This represents a 4.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,552 shares of company stock worth $5,250,872 in the last 90 days. 2.39% of the stock is currently owned by insiders.

Plexus Company Profile

Plexus Corp. provides electronic manufacturing services in the United States and internationally. It offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors.