Plexus Corp

Plexus Corp Stock Forecast & Price Prediction

Live Plexus Corp Stock (PLXS) Price
$165.97

8

Ratings

  • Buy 1
  • Hold 6
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$165.97

P/E Ratio

41.18

Volume Traded Today

$152,500

Dividend

Dividends not available for PLXS

52 Week High/low

169.41/90.18

Plexus Corp Market Cap

$4.52B

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PLXS Summary

From what 8 stock analysts predict, the share price for Plexus Corp (PLXS) might decrease by 7.69% 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 hold. Please note analyst price targets are not guaranteed and could be missed completely.

PLXS Analyst Ratings

Plexus Corp has a total of 8 Wall St Analyst ratings. There are 1 buy ratings, 6 ratings, and 1 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Plexus Corp will generate similar returns as 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.

PLXS stock forecast by analyst

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
Anja Soderstrom
Sidoti & Co.

Buy

$116

Upgrade

Jan 27, 2023

PLXS Company Information

What They Do: Provides electronic manufacturing services globally.

Business Model: The company operates by offering a comprehensive range of services including design, supply chain management, and manufacturing solutions. It primarily generates revenue by serving clients in diverse sectors such as healthcare, industrial, aerospace, and communications, helping them bring their products from concept to market.

Other Information: Founded in 1979 and headquartered in Neenah, Wisconsin, Plexus Corp. has established a strong presence in the electronic manufacturing industry, catering to both domestic and international markets.
PLXS
Plexus Corp (PLXS)

When did it IPO

1990

Staff Count

20,000

Country

United States

Sector/Industry

Technology/Electronic Components

CEO

Mr. Todd P. Kelsey

Market Cap

$4.52B

Plexus Corp (PLXS) Financial Data

In 2023, PLXS generated $4.21B in revenue, which was a increase of 10.47% 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

$3.39B

Revenue From 2021

$3.37B

-0.63 %
From Previous Year

Revenue From 2022

$3.81B

13.14 %
From Previous Year

Revenue From 2023

$4.21B

10.47 %
From Previous Year
  • Revenue TTM $3.96B
  • Operating Margin TTM 5.1%
  • Gross profit TTM $394.6M
  • Return on assets TTM 3.6%
  • Return on equity TTM 8.8%
  • Profit Margin 2.8%
  • Book Value Per Share 48.70%
  • Market capitalisation $4.52B
  • Revenue for 2021 $3.37B
  • Revenue for 2022 $3.81B
  • Revenue for 2023 $4.21B
  • EPS this year (TTM) $4.03

Plexus Corp (PLXS) Latest News

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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 estimate revisions signal positive sentiment for Plexus, suggesting potential stock price increases and improved investor confidence.

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Style Scores can assist investors in selecting strong, market-beating stocks for their portfolios.

Why It Matters - The Zacks Style Scores can help identify high-performing stocks, potentially enhancing portfolio returns and informing investment strategies.

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - CLPR, VLRS, SYF, IX, and PLXS have been assigned a Zacks Rank #1 (Strong Buy) as of October 30, 2024.

Why It Matters - CLPR, VLRS, SYF, IX, and PLXS receiving a Zacks Rank #1 signals strong growth potential, attracting investor interest and possibly leading to increased stock demand and price appreciation.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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 earnings call provides insights into Plexus Corporation's financial performance and strategic direction, crucial for assessing future growth and investment potential.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - PLXS reports strong fiscal Q4 performance driven by growth in Aerospace/Defense and Industrial sectors.

Why It Matters - PLXS' strong performance in Aerospace/Defense and Industrial sectors indicates potential revenue growth, suggesting positive momentum and stability, which can enhance investor confidence.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Plexus Corp. (NASDAQ: PLXS) reported its fiscal Q4 and full-year results for 2024, along with guidance for Q1 2025, ending December 28, 2024.

Why It Matters - Plexus Corp.'s financial results and guidance impact investor sentiment, influencing stock performance and expectations for future earnings, crucial for valuation assessments.

...

PLXS Frequently asked questions

The highest forecasted price for PLXS is $165 from David Williams at Benchmark.

The lowest forecasted price for PLXS is $136 from from

The PLXS analyst ratings consensus are 1 buy ratings, 6 hold ratings, and 1 sell ratings.