FY2025 Earnings Forecast for Plexus Issued By Zacks Research

Plexus Corp. (NASDAQ:PLXS) – Zacks Research upped their FY2025 earnings estimates for shares of Plexus in a research note issued on Monday, November 18th. Zacks Research analyst V. Doshi now anticipates that the technology company will earn $6.07 per share for the year, up from their prior forecast of $6.06. The consensus estimate for Plexus’ current full-year earnings is $6.13 per share. Zacks Research also issued estimates for Plexus’ Q4 2025 earnings at $1.70 EPS, Q1 2026 earnings at $1.62 EPS, Q3 2026 earnings at $1.86 EPS and FY2027 earnings at $8.03 EPS.

Plexus (NASDAQ:PLXS) last posted its earnings results on Wednesday, October 23rd. The technology company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.30. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. Plexus had a net margin of 2.82% and a return on equity of 9.51%. The company’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.44 EPS.

Several other analysts also recently issued reports on PLXS. StockNews.com raised shares of Plexus from a “hold” rating to a “buy” rating in a research report on Monday. Benchmark raised their price target on shares of Plexus from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. KeyCorp initiated coverage on shares of Plexus in a research report on Tuesday, October 22nd. They set a “sector weight” rating for the company. Finally, Needham & Company LLC raised their price target on shares of Plexus from $144.00 to $162.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $133.50.

Plexus Stock Up 1.9 %

PLXS opened at $159.63 on Thursday. The firm has a 50 day moving average price of $141.58 and a 200 day moving average price of $123.42. The company has a market cap of $4.32 billion, a PE ratio of 39.81 and a beta of 0.87. Plexus has a 1 year low of $90.18 and a 1 year high of $169.41. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.71 and a current ratio of 1.51.

Hedge Funds Weigh In On Plexus

Hedge funds and other institutional investors have recently modified their holdings of the company. Quarry LP boosted its holdings in shares of Plexus by 573.5% during the third quarter. Quarry LP now owns 229 shares of the technology company’s stock valued at $31,000 after acquiring an additional 195 shares during the period. Quest Partners LLC boosted its holdings in shares of Plexus by 36,700.0% during the second quarter. Quest Partners LLC now owns 368 shares of the technology company’s stock valued at $38,000 after acquiring an additional 367 shares during the period. Point72 DIFC Ltd acquired a new position in shares of Plexus during the third quarter valued at $51,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Plexus during the third quarter valued at $55,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Plexus by 89.4% during the third quarter. Farther Finance Advisors LLC now owns 464 shares of the technology company’s stock valued at $63,000 after acquiring an additional 219 shares during the period. Institutional investors and hedge funds own 94.45% of the company’s stock.

Insiders Place Their Bets

In other Plexus news, COO Oliver K. Mihm sold 5,691 shares of Plexus stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $167.06, for a total value of $950,738.46. Following the completion of the transaction, the chief operating officer now owns 19,585 shares of the company’s stock, valued at $3,271,870.10. The trade was a 22.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Victor (Pang Hau) Tan sold 1,000 shares of Plexus stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $127.50, for a total transaction of $127,500.00. Following the completion of the transaction, the insider now directly owns 8,605 shares of the company’s stock, valued at approximately $1,097,137.50. This represents a 10.41 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,552 shares of company stock valued at $5,250,872 over the last 90 days. 2.39% of the stock is owned by company insiders.

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.