Zacks Research Has Optimistic Outlook of Plexus Q1 Earnings

Plexus Corp. (NASDAQ:PLXS) – Zacks Research lifted their Q1 2026 earnings estimates for Plexus in a research note issued on Tuesday, December 24th. Zacks Research analyst V. Doshi now expects that the technology company will earn $1.66 per share for the quarter, up from their previous forecast of $1.62. The consensus estimate for Plexus’ current full-year earnings is $6.14 per share. Zacks Research also issued estimates for Plexus’ Q2 2026 earnings at $1.62 EPS and Q3 2026 earnings at $1.87 EPS.

Plexus (NASDAQ:PLXS) last issued its earnings results on Wednesday, October 23rd. The technology company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.30. The business had revenue of $1.05 billion during 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 business’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.44 EPS.

Other research analysts have also issued reports about the company. Benchmark lifted their price objective on Plexus from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Needham & Company LLC lifted their target price on Plexus from $144.00 to $162.00 and gave the stock a “buy” rating in a report on Friday, October 25th. StockNews.com upgraded Plexus from a “hold” rating to a “buy” rating in a report on Monday, November 18th. KeyCorp started coverage on shares of Plexus in a research report on Tuesday, October 22nd. They set a “sector weight” rating for the company. Finally, Stifel Nicolaus boosted their target price on shares of Plexus from $136.00 to $150.00 and gave the company a “hold” rating in a research report on Tuesday, December 10th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $147.25.

Plexus Stock Down 2.4 %

Shares of PLXS opened at $157.79 on Friday. The company has a market capitalization of $4.27 billion, a PE ratio of 39.35 and a beta of 0.90. The stock’s 50-day moving average price is $157.36 and its two-hundred day moving average price is $133.18. The company has a current ratio of 1.51, a quick ratio of 0.71 and a debt-to-equity ratio of 0.07. Plexus has a 12 month low of $90.18 and a 12 month high of $170.07.

Insiders Place Their Bets

In other Plexus news, CEO Todd P. Kelsey sold 4,000 shares of Plexus stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $164.83, for a total value of $659,320.00. Following the sale, the chief executive officer now owns 77,026 shares of the company’s stock, valued at approximately $12,696,195.58. The trade was a 4.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael J. Running sold 539 shares of the business’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $155.87, for a total transaction of $84,013.93. Following the completion of the transaction, the insider now owns 1,030 shares in the company, valued at approximately $160,546.10. The trade was a 34.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,591 shares of company stock valued at $5,143,375. Corporate insiders own 1.76% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Quarry LP boosted its holdings in shares of Plexus by 573.5% in the third quarter. Quarry LP now owns 229 shares of the technology company’s stock worth $31,000 after acquiring an additional 195 shares during the period. Quest Partners LLC increased its position in shares of Plexus by 36,700.0% during the second quarter. Quest Partners LLC now owns 368 shares of the technology company’s stock valued at $38,000 after buying an additional 367 shares during the period. Innealta Capital LLC purchased a new stake in shares of Plexus in the second quarter worth about $51,000. Point72 DIFC Ltd bought a new position in shares of Plexus in the third quarter valued at approximately $51,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Plexus during the third quarter valued at approximately $55,000. Hedge funds and other institutional investors own 94.45% of the company’s stock.

About Plexus

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.