Plexus (NASDAQ:PLXS) Releases Q1 2026 Earnings Guidance

Key Points

• Plexus (NASDAQ:PLXS) has issued updated earnings guidance for Q1 2026, projecting earnings per share (EPS) between 1.660-1.810, slightly below the consensus estimate of 1.710.
• The company generated $1.1 billion in revenue guidance for the same period, matching analyst consensus expectations.
• Numerous investment analysts have adjusted their ratings, with three maintaining a Buy rating and two giving a Hold rating on Plexus stock.

Plexus (NASDAQ:PLXS - Get Free Report) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.660-1.810 for the period, compared to the consensus estimate of 1.710. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Analyst Ratings Changes

A number of research firms have commented on PLXS. Williams Trading set a $165.00 price objective on shares of Plexus in a research report on Monday, September 22nd. Wall Street Zen downgraded shares of Plexus from a "strong-buy" rating to a "buy" rating in a research note on Sunday. Needham & Company LLC decreased their price target on shares of Plexus from $162.00 to $158.00 and set a "buy" rating on the stock in a research note on Thursday, July 24th. Weiss Ratings restated a "hold (c+)" rating on shares of Plexus in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus set a $140.00 price target on shares of Plexus in a research note on Thursday, July 24th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Plexus currently has an average rating of "Moderate Buy" and a consensus price target of $155.60.

Plexus Price Performance

PLXS traded down $4.23 on Wednesday, hitting $146.10. 261,040 shares of the stock were exchanged, compared to its average volume of 181,342. Plexus has a 12 month low of $103.43 and a 12 month high of $172.89. The business has a 50-day moving average of $140.23 and a two-hundred day moving average of $133.27. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.58 and a quick ratio of 0.74. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 24.89 and a beta of 0.80.

Plexus (NASDAQ:PLXS - Get Free Report) last posted its quarterly earnings data on Wednesday, October 22nd. The technology company reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.03. Plexus had a net margin of 4.04% and a return on equity of 12.33%. Plexus has set its Q1 2026 guidance at 1.660-1.810 EPS. Sell-side analysts forecast that Plexus will post 5.9 EPS for the current fiscal year.

Insider Buying and Selling at Plexus

In related news, CEO Todd P. Kelsey sold 1,500 shares of the company's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $143.70, for a total transaction of $215,550.00. Following the completion of the sale, the chief executive officer owned 69,214 shares of the company's stock, valued at $9,946,051.80. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Patrick John Jermain sold 2,500 shares of the stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $137.71, for a total transaction of $344,275.00. Following the completion of the transaction, the chief financial officer directly owned 20,959 shares of the company's stock, valued at $2,886,263.89. This trade represents a 10.66% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,856 shares of company stock valued at $2,142,440 over the last three months. 1.76% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PLXS. EverSource Wealth Advisors LLC raised its holdings in Plexus by 583.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 574 shares of the technology company's stock valued at $78,000 after buying an additional 490 shares during the last quarter. Corient Private Wealth LLC acquired a new stake in Plexus during the 2nd quarter valued at approximately $210,000. United Services Automobile Association acquired a new stake in Plexus during the 1st quarter valued at approximately $218,000. FORA Capital LLC acquired a new stake in Plexus during the 2nd quarter valued at approximately $273,000. Finally, Cetera Investment Advisers acquired a new stake in Plexus during the 2nd quarter valued at approximately $309,000. 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.

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