Q1 2026 Earnings Forecast for Plexus Corp. (NASDAQ:PLXS) Issued By Zacks Research

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

PLXS has been the subject of several other reports. TheStreet lowered Plexus from a "b" rating to a "c+" rating in a report on Tuesday, February 13th. Benchmark reiterated a "buy" rating and issued a $110.00 price objective on shares of Plexus in a research note on Wednesday, January 17th. Sidoti downgraded Plexus from a "buy" rating to a "neutral" rating and set a $112.00 price objective on the stock. in a research note on Tuesday, January 9th. Finally, Needham & Company LLC dropped their price objective on Plexus from $110.00 to $107.00 and set a "buy" rating on the stock in a research note on Thursday, January 25th. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $109.67.

Plexus Stock Performance

Shares of PLXS stock traded up $1.46 during trading on Friday, hitting $94.82. The company's stock had a trading volume of 180,686 shares, compared to its average volume of 121,577. The company has a market cap of $2.62 billion, a PE ratio of 21.12 and a beta of 1.02. The company has a current ratio of 1.52, a quick ratio of 0.62 and a debt-to-equity ratio of 0.15. The business has a fifty day moving average of $94.55 and a 200-day moving average of $97.93. Plexus has a 52 week low of $83.84 and a 52 week high of $114.06.

Plexus (NASDAQ:PLXS - Get Free Report) last issued 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 the consensus estimate of $982.57 million. Plexus had a return on equity of 12.16% and a net margin of 3.08%. The business's revenue for the quarter was down 10.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.49 earnings per share.

Insiders Place Their Bets

In other Plexus news, CEO Todd P. Kelsey sold 2,000 shares of the stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $94.00, for a total transaction of $188,000.00. Following the sale, the chief executive officer now owns 121,310 shares in the company, valued at $11,403,140. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CAO Angelo Michael Ninivaggi, Jr. sold 3,694 shares of Plexus stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $97.18, for a total transaction of $358,982.92. Following the completion of the sale, the chief accounting officer now owns 40,875 shares of the company's stock, valued at $3,972,232.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Todd P. Kelsey sold 2,000 shares of Plexus stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $94.00, for a total value of $188,000.00. Following the sale, the chief executive officer now directly owns 121,310 shares of the company's stock, valued at approximately $11,403,140. The disclosure for this sale can be found here. Insiders have sold a total of 34,453 shares of company stock worth $3,324,075 over the last 90 days. Corporate insiders own 2.39% of the company's stock.

Institutional Investors Weigh In On Plexus

Large investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC raised its position in Plexus by 72.3% during the fourth quarter. Parallel Advisors LLC now owns 348 shares of the technology company's stock valued at $38,000 after purchasing an additional 146 shares in the last quarter. GAMMA Investing LLC purchased a new stake in Plexus during the fourth quarter valued at about $44,000. Cetera Trust Company N.A purchased a new stake in Plexus during the fourth quarter valued at about $54,000. McGlone Suttner Wealth Management Inc. purchased a new stake in Plexus during the fourth quarter valued at about $66,000. Finally, Tower Research Capital LLC TRC raised its position in Plexus by 680.8% during the first quarter. Tower Research Capital LLC TRC now owns 773 shares of the technology company's stock valued at $75,000 after purchasing an additional 674 shares in the last quarter. Institutional investors 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.