Plexus Corp. (NASDAQ:PLXS) to Post Q1 2026 Earnings of $1.66 Per Share, Zacks Research Forecasts

Plexus Corp. (NASDAQ:PLXS - Free Report) - Equities research analysts at Zacks Research reduced their Q1 2026 earnings per share (EPS) estimates for Plexus in a report issued on Wednesday, March 27th. Zacks Research analyst H. Sadavartia now forecasts that the technology company will post earnings of $1.66 per share for the quarter, down from their prior forecast of $1.69. The consensus estimate for Plexus' current full-year earnings is $4.25 per share.

Several other equities analysts also recently weighed in on the company. Benchmark reiterated a "buy" rating and set a $110.00 target price on shares of Plexus in a research report on Wednesday, January 17th. Needham & Company LLC cut their price objective on shares of Plexus from $110.00 to $107.00 and set a "buy" rating on the stock in a report on Thursday, January 25th. Sidoti downgraded shares of Plexus from a "buy" rating to a "neutral" rating and set a $112.00 target price for the company. in a report on Tuesday, January 9th. Finally, TheStreet downgraded shares of Plexus from a "b" rating to a "c+" rating in a research note on Tuesday, February 13th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Plexus currently has an average rating of "Moderate Buy" and a consensus target price of $109.67.

Plexus Price Performance

PLXS stock traded up $1.46 during trading on Friday, reaching $94.82. 180,686 shares of the company were exchanged, compared to its average volume of 126,182. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.62 and a current ratio of 1.52. The stock's 50 day moving average price is $94.55 and its 200 day moving average price is $97.83. Plexus has a 52-week low of $83.84 and a 52-week high of $114.06. The company has a market cap of $2.62 billion, a P/E ratio of 21.12 and a beta of 1.02.

Plexus (NASDAQ:PLXS - Get Free Report) last announced its quarterly earnings data on Thursday, January 25th. The technology company reported $1.04 EPS for the quarter, missing analysts' consensus estimates of $1.05 by ($0.01). The company had revenue of $982.61 million for the quarter, compared to analyst estimates of $982.57 million. Plexus had a return on equity of 12.16% and a net margin of 3.08%. The business's quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.49 earnings per share.

Insider Activity

In related news, insider Michael J. Running sold 542 shares of the stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $95.60, for a total transaction of $51,815.20. Following the completion of the sale, the insider now owns 1,569 shares of the company's stock, valued at approximately $149,996.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Plexus news, insider Michael J. Running sold 633 shares of the business's stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $97.99, for a total transaction of $62,027.67. Following the transaction, the insider now owns 1,569 shares in the company, valued at $153,746.31. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Michael J. Running sold 542 shares of the stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $95.60, for a total value of $51,815.20. Following the completion of the sale, the insider now owns 1,569 shares of the company's stock, valued at approximately $149,996.40. The disclosure for this sale can be found here. Insiders have sold 34,453 shares of company stock valued at $3,324,075 in the last three months. Corporate insiders own 2.39% of the company's stock.

Institutional Trading of Plexus

Several large investors have recently bought and sold shares of the company. Inspire Investing LLC boosted its stake in shares of Plexus by 3.6% in the third quarter. Inspire Investing LLC now owns 3,323 shares of the technology company's stock valued at $309,000 after purchasing an additional 114 shares during the period. FMR LLC grew its stake in shares of Plexus by 9.4% during the third quarter. FMR LLC now owns 1,343 shares of the technology company's stock valued at $125,000 after acquiring an additional 115 shares in the last quarter. Integrated Investment Consultants LLC lifted its stake in shares of Plexus by 3.1% in the third quarter. Integrated Investment Consultants LLC now owns 3,848 shares of the technology company's stock worth $358,000 after acquiring an additional 116 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Plexus by 1.3% in the fourth quarter. The Manufacturers Life Insurance Company now owns 10,780 shares of the technology company's stock valued at $1,110,000 after purchasing an additional 135 shares during the last quarter. Finally, Osaic Holdings Inc. grew its stake in Plexus by 2.3% during the 2nd quarter. Osaic Holdings Inc. now owns 6,254 shares of the technology company's stock valued at $614,000 after purchasing an additional 139 shares in the last quarter. Institutional investors and hedge funds own 94.45% of the company's stock.

Plexus Company Profile

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.