Plexus (NASDAQ:PLXS) Releases Q4 2026 Earnings Guidance

Plexus (NASDAQ:PLXS) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.470-2.630 for the period, compared to the consensus estimate of 2.090. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Stifel Nicolaus raised their target price on Plexus from $280.00 to $330.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Needham & Company LLC boosted their price target on shares of Plexus from $285.00 to $310.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Raymond James Financial reissued an “outperform” rating and issued a $275.00 price target on shares of Plexus in a report on Thursday, April 30th. Zacks Research upgraded shares of Plexus from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Wall Street Zen raised shares of Plexus from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $246.67.

Plexus Price Performance

Shares of NASDAQ:PLXS traded down $9.59 on Wednesday, reaching $240.49. 824,956 shares of the company traded hands, compared to its average volume of 336,019. The stock has a market capitalization of $6.44 billion, a PE ratio of 35.16 and a beta of 0.88. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.54 and a quick ratio of 0.74. The company’s 50 day moving average is $274.29 and its 200-day moving average is $232.49. Plexus has a fifty-two week low of $124.49 and a fifty-two week high of $307.06.

Plexus (NASDAQ:PLXS) last issued its earnings results on Wednesday, July 29th. The technology company reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.13 by $0.19. The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Plexus had a return on equity of 12.84% and a net margin of 4.35%.Plexus has set its Q4 2026 guidance at 2.470-2.630 EPS. As a group, analysts anticipate that Plexus will post 5.98 earnings per share for the current fiscal year.

Insider Activity at Plexus

In other Plexus news, EVP Angelo Michael Ninivaggi, Jr. sold 3,270 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $264.75, for a total transaction of $865,732.50. Following the completion of the sale, the executive vice president directly owned 16,266 shares of the company’s stock, valued at approximately $4,306,423.50. This represents a 16.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Victor (Pang Hau) Tan sold 3,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $271.23, for a total transaction of $813,690.00. Following the completion of the transaction, the insider owned 10,457 shares of the company’s stock, valued at approximately $2,836,252.11. The trade was a 22.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 20,481 shares of company stock worth $5,519,183 in the last quarter. 1.78% of the stock is owned by company insiders.

Institutional Investors Weigh In On Plexus

Several hedge funds have recently made changes to their positions in PLXS. Dimensional Fund Advisors LP boosted its stake in Plexus by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,373,457 shares of the technology company’s stock worth $201,903,000 after purchasing an additional 7,051 shares during the period. State Street Corp lifted its holdings in shares of Plexus by 2.3% in the second quarter. State Street Corp now owns 1,059,501 shares of the technology company’s stock valued at $143,361,000 after purchasing an additional 24,115 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its position in shares of Plexus by 5.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 446,705 shares of the technology company’s stock worth $65,666,000 after buying an additional 24,441 shares during the period. Nuveen LLC boosted its position in shares of Plexus by 12.2% in the fourth quarter. Nuveen LLC now owns 390,998 shares of the technology company’s stock worth $57,477,000 after buying an additional 42,501 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in shares of Plexus by 130.0% during the fourth quarter. Victory Capital Management Inc. now owns 349,057 shares of the technology company’s stock valued at $51,311,000 after buying an additional 197,283 shares in the last quarter. Hedge funds and other institutional investors own 94.45% of the company’s stock.

About Plexus

Plexus Corp. (NASDAQ: PLXS) is a global provider of electronics manufacturing services (EMS) and precision engineered electronics solutions. Headquartered in Neenah, Wisconsin, the company partners with original equipment manufacturers across industries such as medical, industrial, aerospace and defense, computing, and communications. Plexus offers a full suite of services that span new product introduction, product lifecycle management, supply chain management, printed circuit board assembly, system integration, and aftermarket support.

Founded in 1979, Plexus has grown from a regional electronics assembler into a multinational organization with manufacturing and engineering centers across North America, Europe, and Asia.