Plexus (NASDAQ:PLXS) Updates Q2 2025 Earnings Guidance

Plexus (NASDAQ:PLXS) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.460-1.610 for the period, compared to the consensus earnings per share estimate of 1.610. The company issued revenue guidance of $960.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion.

Plexus Price Performance

Plexus stock traded up $0.17 during midday trading on Wednesday, reaching $170.49. The company’s stock had a trading volume of 273,613 shares, compared to its average volume of 153,134. Plexus has a 52 week low of $90.18 and a 52 week high of $172.89. The company has a current ratio of 1.51, a quick ratio of 0.71 and a debt-to-equity ratio of 0.07. The business has a 50-day moving average price of $162.01 and a 200-day moving average price of $141.04. The stock has a market cap of $4.62 billion, a PE ratio of 42.52 and a beta of 0.91.

Plexus (NASDAQ:PLXS) last released its quarterly earnings results on Wednesday, January 22nd. The technology company reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.10). Plexus had a return on equity of 9.51% and a net margin of 2.82%. On average, sell-side analysts predict that Plexus will post 6.13 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PLXS. StockNews.com upgraded Plexus from a “hold” rating to a “buy” rating in a report on Monday, November 18th. Needham & Company LLC boosted their price target on Plexus from $144.00 to $162.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Stifel Nicolaus boosted their price target on Plexus from $136.00 to $150.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. Benchmark lifted their price objective on Plexus from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, October 28th. Finally, KeyCorp initiated coverage on Plexus in a research note on Tuesday, October 22nd. They issued a “sector weight” rating on the stock. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $159.00.

Insider Buying and Selling

In other Plexus news, insider Victor (Pang Hau) Tan sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $165.90, for a total value of $497,700.00. Following the transaction, the insider now directly owns 5,605 shares of the company’s stock, valued at approximately $929,869.50. The trade was a 34.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Todd P. Kelsey sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $156.39, for a total value of $234,585.00. Following the completion of the transaction, the chief executive officer now directly owns 74,271 shares in the company, valued at approximately $11,615,241.69. This trade represents a 1.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 34,091 shares of company stock valued at $5,377,960 over the last ninety days. 1.76% of the stock is owned by company insiders.

About Plexus

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.