From what 6 stock analysts predict, the share price for Plexus Corp (PLXS) might decrease by 6.81% in the next year. This is based on a 12-month average estimation for PLXS. Price targets go from $136 to $165. The majority of stock analysts believe PLXS is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Plexus Corp has a total of 6 Wall St Analyst ratings. There are 3 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Plexus Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of PLXS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
David Williams Benchmark | Buy | $165 | Maintains | Oct 28, 2024 |
James Ricchiuti Needham | Buy | $162 | Maintains | Oct 25, 2024 |
Steve Barger Keybanc | Sector Weight | Initiates | Oct 22, 2024 | |
David Williams Benchmark | Buy | $150 | Reiterates | Oct 21, 2024 |
David Williams Benchmark | Buy | $150 | Maintains | Oct 1, 2024 |
David Williams Benchmark | Buy | $145 | Maintains | Jul 29, 2024 |
James Ricchiuti Needham | Buy | $144 | Maintains | Jul 26, 2024 |
David Williams Benchmark | Buy | $120 | Maintains | Jun 24, 2024 |
David Williams Benchmark | Buy | $120 | Maintains | Jun 21, 2024 |
James Ricchiuti Needham | Buy | $114 | Maintains | Apr 26, 2024 |
Matthew Sheerin Stifel | Hold | $95 | Maintains | Apr 26, 2024 |
David Williams Benchmark | Buy | $110 | Reiterates | Mar 8, 2024 |
James Ricchiuti Needham | Buy | $107 | Maintains | Jan 25, 2024 |
James Ricchiuti Needham | Buy | $110 | Maintains | Jan 18, 2024 |
David Williams Benchmark | Buy | $110 | Reiterates | Jan 17, 2024 |
Anja Soderstrom Sidoti & Co. | Neutral | $112 | Downgrade | Jan 9, 2024 |
James Ricchiuti Needham | Buy | $113 | Maintains | Oct 27, 2023 |
James Ricchiuti Needham | Buy | $107 | Maintains | Jul 28, 2023 |
James Ricchiuti Needham | Buy | $105 | Maintains | Apr 28, 2023 |
Paul Chung JP Morgan | Underweight | $86 | Maintains | Jan 27, 2023 |
When did it IPO
1990
Staff Count
20,000
Country
United States
Sector/Industry
Technology/Electronic Components
CEO
Mr. Todd P. Kelsey
Market Cap
$4.45B
In 2023, PLXS generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that PLXS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Plexus (PLXS) reported earnings 30 days ago; investors should watch for upcoming developments and guidance that may impact stock performance.
Why It Matters - Plexus's recent earnings report can influence stock performance and investor sentiment, impacting future share price movements and investment strategies.
Summary - Plexus (PLXS) shares are gaining momentum, supported by positive earnings estimate revisions, suggesting potential for further increases in the near term.
Why It Matters - Rising earnings estimates for Plexus suggest positive momentum, potentially increasing investor confidence and driving share prices higher.
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Summary - CLPR, VLRS, SYF, IX, and PLXS have been designated as Zacks Rank #1 (Strong Buy) as of October 30, 2024.
Why It Matters - CLPR, VLRS, SYF, IX, and PLXS being added to the Zacks Rank #1 list signals strong bullish sentiment and potential growth, attracting investors looking for high-return opportunities.
Summary - Plexus Corporation (NASDAQ: PLXS) will hold its Q3 2024 Earnings Conference Call on October 24, 2024, at 8:30 AM ET, featuring key executives and analysts.
Why It Matters - The Plexus Q3 2024 earnings call provides insights into the company's financial performance and future strategies, crucial for assessing investment potential and market sentiment.
Summary - PLXS reported strong fiscal Q4 performance, driven by growth in the Aerospace/Defense and Industrial sectors.
Why It Matters - PLXS's strong fiscal Q4 in Aerospace/Defense and Industrial sectors indicates robust demand, potentially leading to higher revenues and profitability, which can boost investor confidence and stock value.