Plexus (PLXS) Stock Forecast, Price Target & Predictions
PLXS Stock Forecast
Plexus stock forecast is as follows: an average price target of $109.00 (represents a -14.74% downside from PLXS’s last price of $127.84) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
PLXS Price Target
The average price target for Plexus (PLXS) is $109.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $120.00 to $100.00. This represents a potential -14.74% downside from PLXS's last price of $127.84.
PLXS Analyst Ratings
According to 8 Wall Street analysts, Plexus's rating consensus is 'Buy'. The analyst rating breakdown for PLXS stock is 0 'Strong Buy' (0.00%), 5 'Buy' (62.50%), 2 'Hold' (25.00%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).
Plexus Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 21, 2024 | David Williams | Williams Trading | $120.00 | $102.86 | 16.66% | -6.13% |
| Jul 28, 2023 | James Ricchiuti | Needham | $107.00 | $96.72 | 10.62% | -16.30% |
| Aug 29, 2022 | David Williams | Williams Trading | $105.00 | $94.27 | 11.38% | -17.87% |
| Jun 07, 2022 | Adam Tindle | Raymond James | $100.00 | $86.54 | 15.55% | -21.78% |
| Apr 29, 2022 | - | Needham | $93.00 | $82.60 | 12.59% | -27.25% |
The latest Plexus stock forecast, released on Jun 21, 2024 by David Williams from Williams Trading, set a price target of $120.00, which represents a 16.66% increase from the stock price at the time of the forecast ($102.86), and a -6.13% decrease from PLXS last price ($127.84).
Plexus Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $120.00 | $120.00 |
| Last Closing Price | $127.84 | $127.84 | $127.84 |
| Upside/Downside | -100.00% | -6.13% | -6.13% |
In the current month, the average price target of Plexus stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Plexus's last price of $127.84. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 29, 2024 | Benchmark | Buy | Buy | Hold |
| Jun 21, 2024 | Benchmark | Buy | Buy | Hold |
| Mar 08, 2024 | Williams Financial | Buy | Buy | Hold |
| Jan 18, 2024 | Sidoti & Co. | Buy | Buy | Hold |
| Oct 27, 2023 | Needham | Buy | Buy | Hold |
| Oct 27, 2023 | Citigroup | - | Sell | Downgrade |
| Oct 27, 2023 | Cowen & Co. | - | Neutral | Downgrade |
| Oct 27, 2023 | HSBC | - | Hold | Upgrade |
| Jul 28, 2023 | Needham | Buy | Buy | Hold |
| Jun 07, 2022 | Raymond James | - | Outperform | Upgrade |
Plexus's last stock rating was published by Benchmark on Jul 29, 2024. The company gave PLXS a "Buy" rating, the same as its previous rate.
Plexus Financial Forecast
Plexus Revenue Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $982.61M | $1.02B | $1.02B | $1.07B | $1.09B | $1.12B | $981.34M | $888.72M | $830.36M | $843.24M | $814.39M | $880.88M | $852.41M | $913.23M | $857.39M | $767.36M | - | $810.20M | $799.64M |
| Avg Forecast | $1.19B | $1.17B | $1.15B | $1.13B | $1.13B | $1.09B | $1.05B | $1.03B | $1.01B | $981.32M | $950.75M | $982.57M | $1.02B | $1.02B | $1.05B | $1.11B | $1.01B | $909.37M | $840.63M | $821.35M | $897.13M | $797.99M | $882.75M | $832.96M | $874.90M | $803.50M | $741.22M | $803.36M | $776.02M | $783.30M |
| High Forecast | $1.19B | $1.18B | $1.16B | $1.13B | $1.14B | $1.10B | $1.06B | $1.03B | $1.01B | $986.58M | $955.85M | $999.83M | $1.02B | $1.03B | $1.05B | $1.11B | $1.01B | $911.81M | $842.88M | $823.55M | $899.54M | $800.12M | $885.12M | $835.19M | $877.25M | $805.66M | $743.20M | $805.51M | $778.10M | $785.40M |
| Low Forecast | $1.17B | $1.16B | $1.14B | $1.11B | $1.12B | $1.08B | $1.04B | $1.02B | $993.44M | $971.37M | $941.12M | $973.20M | $1.02B | $1.01B | $1.04B | $1.10B | $997.43M | $898.73M | $830.80M | $811.74M | $886.64M | $788.65M | $872.42M | $823.21M | $864.67M | $794.10M | $732.54M | $793.96M | $766.94M | $774.13M |
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.00% | 1.00% | 1.02% | 0.99% | 1.12% | 1.08% | 1.06% | 1.01% | 0.94% | 1.02% | 1.00% | 1.02% | 1.04% | 1.07% | 1.04% | - | 1.04% | 1.02% |
Plexus's average Quarter revenue forecast for Mar 24 based on 1 analysts is $950.75M, with a low forecast of $941.12M, and a high forecast of $955.85M. PLXS's average Quarter revenue forecast represents a -3.24% decrease compared to the company's last Quarter revenue of $982.61M (Dec 23).
Plexus EBITDA Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $45.16M | $54.53M | $48.70M | $56.09M | $56.33M | $62.49M | $47.20M | $34.65M | $60.56M | $57.82M | $51.22M | $66.09M | $52.37M | $64.11M | $59.90M | $31.87M | - | $50.59M | $46.76M |
| Avg Forecast | $57.15M | $56.42M | $55.46M | $54.25M | $54.45M | $52.65M | $50.65M | $49.51M | $48.55M | $47.32M | $76.33M | $47.39M | $49.17M | $49.40M | $69.40M | $53.38M | $61.85M | $43.86M | $63.09M | $39.61M | $43.27M | $38.48M | $57.35M | $40.17M | $42.19M | $38.75M | $52.14M | $38.74M | $37.42M | $37.78M |
| High Forecast | $57.45M | $56.73M | $55.76M | $54.55M | $54.74M | $52.93M | $50.92M | $49.77M | $48.81M | $47.58M | $91.60M | $48.22M | $49.19M | $49.67M | $83.27M | $53.67M | $74.22M | $43.97M | $75.70M | $39.72M | $43.38M | $38.59M | $68.82M | $40.28M | $42.31M | $38.85M | $62.57M | $38.85M | $37.52M | $37.88M |
| Low Forecast | $56.57M | $55.85M | $54.90M | $53.70M | $53.90M | $52.11M | $50.14M | $49.00M | $47.91M | $46.85M | $61.07M | $46.93M | $49.09M | $48.90M | $55.52M | $52.84M | $49.48M | $43.34M | $50.47M | $39.15M | $42.76M | $38.03M | $45.88M | $39.70M | $41.70M | $38.30M | $41.71M | $38.29M | $36.99M | $37.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.11% | 0.99% | 0.81% | 1.06% | 1.01% | 1.08% | 0.55% | 1.53% | 1.34% | 1.33% | 1.15% | 1.30% | 1.52% | 1.55% | 0.61% | - | 1.35% | 1.24% |
1 analysts predict PLXS's average Quarter EBITDA for Mar 24 to be $76.33M, with a high of $91.60M and a low of $61.07M. This is 69.04% upper than Plexus's previous annual EBITDA (Dec 23) of $45.16M.
Plexus Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $29.21M | $40.26M | $15.80M | $40.84M | $42.19M | $50.46M | $37.49M | $26.87M | $36.20M | $33.34M | $27.61M | $41.76M | $31.01M | $37.70M | $35.84M | $12.93M | - | $36.83M | $24.80M |
| Avg Forecast | $56.92M | $56.09M | $53.31M | $53.03M | $51.09M | $47.66M | $43.13M | $42.53M | $43.22M | $35.26M | $42.25M | $29.09M | $35.08M | $32.16M | $38.41M | $41.29M | $45.03M | $30.59M | $34.91M | $26.10M | $35.07M | $21.58M | $31.74M | $30.47M | $31.14M | $20.92M | $28.85M | $25.88M | $23.77M | $22.60M |
| High Forecast | $57.32M | $56.48M | $53.68M | $53.40M | $51.44M | $48.00M | $43.43M | $42.82M | $44.63M | $35.51M | $50.70M | $29.29M | $35.35M | $32.39M | $46.09M | $41.58M | $54.04M | $30.69M | $41.90M | $26.19M | $35.19M | $21.65M | $38.09M | $30.57M | $31.24M | $21.00M | $34.63M | $25.97M | $23.85M | $22.68M |
| Low Forecast | $56.17M | $55.35M | $52.61M | $52.33M | $50.41M | $47.04M | $42.56M | $41.97M | $41.81M | $34.80M | $33.80M | $28.81M | $34.80M | $31.74M | $30.72M | $40.75M | $36.03M | $30.12M | $27.93M | $25.70M | $34.53M | $21.25M | $25.39M | $30.00M | $30.66M | $20.61M | $23.08M | $25.48M | $23.41M | $22.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.15% | 0.49% | 1.06% | 1.02% | 1.12% | 1.23% | 0.77% | 1.39% | 0.95% | 1.28% | 1.32% | 1.02% | 1.21% | 1.71% | 0.45% | - | 1.55% | 1.10% |
Plexus's average Quarter net income forecast for Mar 24 is $42.25M, with a range of $33.80M to $50.70M. PLXS's average Quarter net income forecast represents a 44.61% increase compared to the company's last Quarter net income of $29.21M (Dec 23).
Plexus SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $42.98M | $43.38M | $42.35M | $46.05M | $43.86M | $44.79M | $44.06M | $40.67M | $32.41M | $36.63M | $36.44M | $38.29M | $39.26M | $38.81M | $37.03M | $38.23M | - | $38.58M | $36.63M |
| Avg Forecast | $52.20M | $51.54M | $50.66M | $49.55M | $49.73M | $48.09M | $46.26M | $45.22M | $44.35M | $43.23M | $63.92M | $43.28M | $44.91M | $45.12M | $58.11M | $48.76M | $47.18M | $40.06M | $52.83M | $36.18M | $39.52M | $35.15M | $48.03M | $36.69M | $38.54M | $35.39M | $43.66M | $35.39M | $34.18M | $34.50M |
| High Forecast | $52.48M | $51.81M | $50.93M | $49.82M | $50.00M | $48.34M | $46.51M | $45.46M | $44.59M | $43.46M | $76.71M | $44.04M | $44.93M | $45.37M | $69.74M | $49.02M | $56.61M | $40.16M | $63.40M | $36.28M | $39.62M | $35.24M | $57.63M | $36.79M | $38.64M | $35.49M | $52.39M | $35.48M | $34.27M | $34.60M |
| Low Forecast | $51.67M | $51.01M | $50.14M | $49.05M | $49.23M | $47.60M | $45.79M | $44.76M | $43.76M | $42.79M | $51.14M | $42.87M | $44.84M | $44.67M | $46.49M | $48.26M | $37.74M | $39.59M | $42.26M | $35.76M | $39.05M | $34.74M | $38.42M | $36.26M | $38.09M | $34.98M | $34.93M | $34.97M | $33.78M | $34.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.97% | 0.94% | 0.79% | 0.90% | 0.95% | 1.10% | 0.77% | 0.90% | 0.93% | 1.04% | 0.80% | 1.07% | 1.01% | 1.05% | 0.88% | - | 1.13% | 1.06% |
Plexus's average Quarter SG&A projection for Mar 24 is $63.92M, based on 1 Wall Street analysts, with a range of $51.14M to $76.71M. The forecast indicates a 48.72% rise compared to PLXS last annual SG&A of $42.98M (Dec 23).
Plexus EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 6 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $1.06 | $1.47 | $0.57 | $1.48 | $1.53 | $1.82 | $1.35 | $0.96 | $1.25 | $1.18 | $0.97 | $1.45 | $1.06 | $1.29 | $1.23 | $0.44 | - | $1.26 | $0.83 |
| Avg Forecast | $2.05 | $2.02 | $1.92 | $1.91 | $1.84 | $1.72 | $1.55 | $1.53 | $1.56 | $1.27 | $0.87 | $1.05 | $1.26 | $1.16 | $1.15 | $1.49 | $1.27 | $1.10 | $0.83 | $0.94 | $1.26 | $0.78 | $1.25 | $1.10 | $1.12 | $0.75 | $0.56 | $0.93 | $0.86 | $0.81 |
| High Forecast | $2.06 | $2.03 | $1.93 | $1.92 | $1.85 | $1.73 | $1.56 | $1.54 | $1.61 | $1.28 | $0.87 | $1.05 | $1.27 | $1.17 | $1.16 | $1.50 | $1.28 | $1.11 | $0.83 | $0.94 | $1.27 | $0.78 | $1.26 | $1.10 | $1.13 | $0.76 | $0.57 | $0.94 | $0.86 | $0.82 |
| Low Forecast | $2.02 | $1.99 | $1.89 | $1.88 | $1.82 | $1.69 | $1.53 | $1.51 | $1.51 | $1.25 | $0.86 | $1.04 | $1.25 | $1.14 | $1.13 | $1.47 | $1.25 | $1.08 | $0.81 | $0.93 | $1.24 | $0.77 | $1.23 | $1.08 | $1.10 | $0.74 | $0.55 | $0.92 | $0.84 | $0.80 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.16% | 0.49% | 1.29% | 1.03% | 1.43% | 1.23% | 1.16% | 1.33% | 0.93% | 1.25% | 1.16% | 0.97% | 1.15% | 1.63% | 0.78% | - | 1.47% | 1.02% |
According to 1 Wall Street analysts, Plexus's projected average Quarter EPS for Mar 24 is $0.87, with a low estimate of $0.86 and a high estimate of $0.87. This represents a -18.08% decrease compared to PLXS previous annual EPS of $1.06 (Dec 23).
Plexus Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LYTS | LSI Industries | $15.52 | $21.00 | 35.31% | Buy |
| CLS | Celestica | $46.99 | $61.50 | 30.88% | Buy |
| OSIS | OSI Systems | $144.29 | $176.50 | 22.32% | Buy |
| JBL | Jabil | $106.83 | $126.80 | 18.69% | Buy |
| MEI | Methode Electronics | $10.71 | $12.50 | 16.71% | Hold |
| FLEX | Flex | $30.85 | $28.00 | -9.24% | Buy |
| SANM | Sanmina | $68.50 | $62.00 | -9.49% | Buy |
| PLXS | Plexus | $127.84 | $109.00 | -14.74% | Buy |
| BHE | Benchmark Electronics | $43.12 | $34.00 | -21.15% | Buy |
PLXS Forecast FAQ
Is Plexus a good buy?
Yes, according to 8 Wall Street analysts, Plexus (PLXS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 62.50% of PLXS's total ratings.
What is PLXS's price target?
Plexus (PLXS) average price target is $109 with a range of $100 to $120, implying a -14.74% from its last price of $127.84. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Plexus stock go up soon?
According to Wall Street analysts' prediction for PLXS stock, the company can go down by -14.74% (from the last price of $127.84 to the average price target of $109), down by -6.13% based on the highest stock price target, and down by -21.78% based on the lowest stock price target.
Can Plexus stock reach $200?
PLXS's average twelve months analyst stock price target of $109 does not support the claim that Plexus can reach $200 in the near future.
What are Plexus's analysts' financial forecasts?
Plexus's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $4.3B (high $4.32B, low $4.25B), average EBITDA is $207.25M (high $208.36M, low $205.15M), average net income is $184.41M (high $185.69M, low $181.98M), average SG&A $189.3M (high $190.31M, low $187.38M), and average EPS is $6.64 (high $6.69, low $6.55). PLXS's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $4.63B (high $4.65B, low $4.58B), average EBITDA is $223.29M (high $224.48M, low $221.02M), average net income is $219.34M (high $220.87M, low $216.45M), average SG&A $203.94M (high $205.04M, low $201.88M), and average EPS is $7.9 (high $7.96, low $7.8).
Did the PLXS's actual financial results beat the analysts' financial forecasts?
Based on Plexus's last annual report (Sep 2023), the company's revenue was $4.21B, beating the average analysts forecast of $4.2B by 0.32%. Apple's EBITDA was $215.65M, missing the average prediction of $221.35M by -2.57%. The company's net income was $139.09M, missing the average estimation of $146.93M by -5.34%. Apple's SG&A was $175.64M, missing the average forecast of $196.9M by -10.80%. Lastly, the company's EPS was $5.04, missing the average prediction of $5.06 by -0.37%. In terms of the last quarterly report (Dec 2023), Plexus's revenue was $982.61M, beating the average analysts' forecast of $982.57M by 0.00%. The company's EBITDA was $45.16M, missing the average prediction of $47.39M by -4.70%. Plexus's net income was $29.22M, beating the average estimation of $29.09M by 0.43%. The company's SG&A was $42.98M, missing the average forecast of $43.28M by -0.69%. Lastly, the company's EPS was $1.06, beating the average prediction of $1.05 by 1.18%