Zacks Research Estimates Plexus’ Q3 Earnings (NASDAQ:PLXS)

Plexus Corp. (NASDAQ:PLXS) – Analysts at Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for shares of Plexus in a research note issued on Wednesday, May 7th. Zacks Research analyst V. Doshi now expects that the technology company will post earnings of $1.48 per share for the quarter, down from their prior forecast of $1.49. The consensus estimate for Plexus’ current full-year earnings is $5.90 per share. Zacks Research also issued estimates for Plexus’ Q4 2025 earnings at $1.57 EPS, FY2025 earnings at $5.93 EPS, Q1 2026 earnings at $1.60 EPS, Q2 2026 earnings at $1.50 EPS, Q3 2026 earnings at $1.66 EPS, FY2026 earnings at $6.49 EPS, Q1 2027 earnings at $1.74 EPS, Q2 2027 earnings at $1.55 EPS and FY2027 earnings at $7.21 EPS.

Several other research analysts have also commented on PLXS. Stifel Nicolaus set a $145.00 price target on Plexus in a research report on Thursday, April 24th. Needham & Company LLC reaffirmed a “buy” rating and set a $162.00 price target (down previously from $172.00) on shares of Plexus in a research report on Friday, April 25th. Finally, Benchmark reduced their price objective on Plexus from $170.00 to $160.00 and set a “buy” rating for the company in a research note on Friday, April 25th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $155.67.

Plexus Trading Up 4.2%

PLXS opened at $131.36 on Monday. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 30.48 and a beta of 0.80. Plexus has a 52 week low of $100.96 and a 52 week high of $172.89. The business’s 50 day moving average is $124.11 and its two-hundred day moving average is $143.34. The company has a quick ratio of 0.70, a current ratio of 1.53 and a debt-to-equity ratio of 0.07.

Plexus (NASDAQ:PLXS) last released its quarterly earnings results on Wednesday, April 23rd. The technology company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.12. The firm had revenue of $980.17 million for the quarter, compared to the consensus estimate of $980.07 million. Plexus had a return on equity of 10.36% and a net margin of 3.03%. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.94 EPS.

Insider Buying and Selling at Plexus

In other Plexus news, insider Michael J. Running sold 1,250 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $138.62, for a total transaction of $173,275.00. Following the completion of the sale, the insider now directly owns 1,276 shares of the company’s stock, valued at $176,879.12. This represents a 49.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Todd P. Kelsey sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $140.00, for a total value of $280,000.00. Following the sale, the chief executive officer now directly owns 87,665 shares of the company’s stock, valued at approximately $12,273,100. This represents a 2.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,137 shares of company stock valued at $577,916 in the last ninety days. Insiders own 1.76% of the company’s stock.

Hedge Funds Weigh In On Plexus

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pacer Advisors Inc. acquired a new position in Plexus during the 4th quarter worth approximately $107,489,000. Barclays PLC increased its position in Plexus by 139.4% during the 3rd quarter. Barclays PLC now owns 48,786 shares of the technology company’s stock worth $6,669,000 after purchasing an additional 28,406 shares during the period. KBC Group NV increased its position in Plexus by 59.9% during the 4th quarter. KBC Group NV now owns 1,180 shares of the technology company’s stock worth $185,000 after purchasing an additional 442 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in Plexus during the 4th quarter worth approximately $783,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in Plexus by 17.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,779 shares of the technology company’s stock worth $278,000 after purchasing an additional 261 shares during the period. 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.