Plexus (PLXS)
NASDAQ:PLXS
Want to see PLXS full AI Analyst Report?
PLXS Stock Chart & Stats
$228.64
$0.86(0.54%)
At close: 4:00 PM EST
$228.64
$0.86(0.54%)
Day’s Range― - ―
52-Week Range$115.35 - $292.33
Previous CloseN/A
Volume21.34K
Average Volume (3M)320.42K
Market Cap
$7.50B
Enterprise Value$7.14B
Total Cash (Recent Filing)$303.13M
Total Debt (Recent Filing)$259.92M
Price to Earnings (P/E)41.0
Beta1.04
Next Earnings
Jul 29, 2026EPS Estimate
2.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.98
Shares Outstanding26,756,420
10 Day Avg. Volume246,220
30 Day Avg. Volume320,422
Financial Highlights & Ratios
PEG Ratio0.40
Price to Book (P/B)2.66
Price to Sales (P/S)0.96
P/FCF Ratio25.16
Enterprise Value/Market Cap0.95
Enterprise Value/Revenue1.66
Enterprise Value/Gross Profit16.47
Enterprise Value/Ebitda27.55
Forecast
1Y Price Target
$287.50Price Target Upside25.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)8.19
Revenue Forecast (FY)$4.72B
Bulls Say, Bears Say
Bulls Say
Conservative LeverageA low TTM debt-to-equity (~0.17) gives Plexus durable financial flexibility to fund program ramps, capex, and working capital needs without high interest burden. This capital structure supports resilience through cyclical demand swings and enables selective reinvestment or buybacks over the next several quarters.
Large Funnel And Program WinsA $4.0B qualified funnel and record $355M of new wins provide durable multi-year revenue visibility as programs ramp over several quarters. This backlog diversification across aerospace, industrial and healthcare supports sustained mid‑teens revenue growth potential and reduces reliance on any single customer or sector.
Improving Profitability And Capital EfficiencyRecent margin improvement and ROIC well above WACC indicate Plexus earns attractive returns on invested capital. Sustained 6%+ operating margins and high ROIC support reinvestment in automation and capability builds while retaining long-term shareholder value creation capacity despite near-term ramp costs.
Bears Say
Weaker Cash ConversionFree cash flow has declined materially versus prior years and converts only ~44% of net income in the TTM. With elevated capex guidance and working capital needs for ramping programs, persistently weak cash conversion could constrain discretionary investments, share repurchases and margin recovery over coming quarters.
Thin Margins And SensitivityOperating and net margins are modest and sensitive to cost inflation, mix shifts, and ramp inefficiencies. Given relatively thin margin buffers, adverse input cost changes, delayed program maturity, or higher SG&A could materially compress profitability and reduce the long-term earnings leverage from revenue growth.
Supply Chain And Ramp Execution RiskPersistent component lead-time extensions and allocation risk can delay program ramps, raise inventory and working capital, and force higher procurement costs. For a low‑to‑mid volume, high‑complexity EMS provider, these structural supply constraints can materially slow revenue realization and depress margins over multiple quarters.
Plexus News
PLXS FAQ
What was Plexus’s price range in the past 12 months?
Plexus lowest stock price was $115.35 and its highest was $292.32 in the past 12 months.
What is Plexus’s market cap?
Plexus’s market cap is $7.50B.
When is Plexus’s upcoming earnings report date?
Plexus’s upcoming earnings report date is Jul 29, 2026 which is in 55 days.
How were Plexus’s earnings last quarter?
Plexus released its earnings results on Apr 29, 2026. The company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.883 by $0.167.
Is Plexus overvalued?
According to Wall Street analysts Plexus’s price is currently Undervalued.
Does Plexus pay dividends?
Plexus does not currently pay dividends.
What is Plexus’s EPS estimate?
Plexus’s EPS estimate is 2.13.
How many shares outstanding does Plexus have?
Plexus has 26,756,420 shares outstanding.
What happened to Plexus’s price movement after its last earnings report?
Plexus reported an EPS of $2.05 in its last earnings report, beating expectations of $1.883. Following the earnings report the stock price went down -0.008%.
Which hedge fund is a major shareholder of Plexus?
Currently, no hedge funds are holding shares in PLXS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Plexus Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$287.50 (25.74% Upside)
$287.50 (25.74% Upside)
Blogger Sentiment
Bullish
PLXS Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 23.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.7%
Last 30 Days ▲ 19.8%
Last 30 Days ▲ 19.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
114.53%
12-Months-Change
Fundamentals
Return on Equity
12.83%
Trailing 12-Months
Asset Growth
8.92%
Trailing 12-Months
Company Description
Plexus
Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers design and development, supply chain, new product introduction, and manufacturing solutions, as well as aftermarket services to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.
PLXS Company Deck
PLXS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong positive momentum: robust top-line growth (Q2 revenue +19% YoY), record new program wins ($355M) and an expanding $4B funnel, accompanied by profitability that exceeded guidance and an upgraded FY2026 outlook (mid-teens revenue growth and 6%+ operating margin). Near-term headwinds include increased working capital needs (Q3 cash usage), tightening in specific supply chain commodities, ramp-related margin pressure and higher SG&A/non-operating expenses tied to investments and incentive pay. Overall, the company appears well positioned for sustained growth, with manageable near-term operational and capital demands.View all PLXS earnings summariesPLXS Stock 12 Month Forecast
Average Price Target
$287.50
▲(25.74% Upside)
Technical Analysis
Ownership Overview
1.43% Insiders
32.37% Mutual Funds
22.52% Other Institutional Investors
11.03% Public Companies and
Individual Investors