Plexus (NASDAQ:PLXS) Updates Q4 2026 Earnings Guidance

Plexus (NASDAQ:PLXS) updated its fourth quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.470-2.630 for the period, compared to the consensus earnings per share 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

A number of equities analysts recently weighed in on the company. Needham & Company LLC increased their price target on Plexus from $285.00 to $310.00 and gave the company a “buy” rating in a research report on Monday, June 1st. Weiss Ratings upgraded shares of Plexus from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, July 6th. Wall Street Zen raised shares of Plexus from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Zacks Research upgraded shares of Plexus from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $275.00 price objective on shares of Plexus in a research note on Thursday, April 30th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $273.00.

Plexus Stock Up 3.5%

Plexus stock traded up $8.50 during mid-day trading on Friday, hitting $250.49. The company’s stock had a trading volume of 67,635 shares, compared to its average volume of 336,739. Plexus has a 52-week low of $124.49 and a 52-week high of $307.06. The company has a market cap of $6.70 billion, a PE ratio of 36.94 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 firm’s 50 day moving average is $273.64 and its 200 day moving average is $233.69.

Plexus (NASDAQ:PLXS) last issued its earnings results on Wednesday, July 29th. The technology company reported $2.32 earnings per share for the quarter, beating analysts’ consensus estimates of $2.13 by $0.19. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.23 billion. Plexus had a return on equity of 12.57% and a net margin of 4.03%.The firm’s quarterly revenue was up 28.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.64 EPS. Plexus has set its Q4 2026 guidance at 2.470-2.630 EPS. On average, analysts anticipate that Plexus will post 5.98 earnings per share for the current year.

Insider Activity at Plexus

In other Plexus news, CEO Todd P. Kelsey sold 1,500 shares of Plexus stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $294.98, for a total transaction of $442,470.00. Following the completion of the sale, the chief executive officer owned 68,888 shares of the company’s stock, valued at $20,320,582.24. This trade represents a 2.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Running sold 510 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $272.17, for a total transaction of $138,806.70. Following the transaction, the insider owned 665 shares in the company, valued at approximately $180,993.05. This represents a 43.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 20,481 shares of company stock worth $5,519,183 in the last quarter. 1.78% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Plexus

A number of hedge funds have recently added to or reduced their stakes in PLXS. Johnson Financial Group Inc. bought a new stake in Plexus in the third quarter worth approximately $72,000. EverSource Wealth Advisors LLC boosted its holdings in Plexus by 583.3% in the second quarter. EverSource Wealth Advisors LLC now owns 574 shares of the technology company’s stock worth $78,000 after purchasing an additional 490 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new position in Plexus during the fourth quarter worth $88,000. Smartleaf Asset Management LLC raised its holdings in Plexus by 13.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 916 shares of the technology company’s stock valued at $137,000 after buying an additional 110 shares in the last quarter. Finally, Corient Private Wealth LLC bought a new position in Plexus during the second quarter valued at about $210,000. Institutional investors and hedge funds 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.