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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.