What is KeyCorp’s Estimate for Plexus FY2026 Earnings?

Plexus Corp. (NASDAQ:PLXS) – Research analysts at KeyCorp issued their FY2026 earnings per share (EPS) estimates for shares of Plexus in a research report issued to clients and investors on Monday, September 21st. KeyCorp analyst S. Barger forecasts that the technology company will post earnings of $7.18 per share for the year. KeyCorp currently has a “Overweight” rating and a $300.00 price target on the stock. The consensus estimate for Plexus’ current full-year earnings is $7.11 per share. KeyCorp also issued estimates for Plexus’ Q4 2026 earnings at $2.29 EPS, Q1 2027 earnings at $2.01 EPS, Q2 2027 earnings at $2.10 EPS, Q3 2027 earnings at $2.27 EPS, Q4 2027 earnings at $2.35 EPS and FY2027 earnings at $8.74 EPS.

Plexus (NASDAQ:PLXS) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.32 earnings per share for the quarter, beating analysts’ consensus estimates of $2.13 by $0.19. Plexus had a return on equity of 12.46% and a net margin of 4.03%.The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the business earned $1.64 EPS. The firm’s revenue for the quarter was up 28.2% on a year-over-year basis. Plexus has set its Q4 2026 guidance at 2.470-2.630 EPS.

Other equities analysts have also issued reports about the stock. Sidoti raised shares of Plexus from a “neutral” rating to a “buy” rating and set a $308.00 price objective on the stock in a research report on Friday, July 31st. Zacks Research upgraded shares of Plexus from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Stifel Nicolaus upped their price target on shares of Plexus from $280.00 to $330.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Weiss Ratings cut shares of Plexus from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, September 9th. Finally, Needham & Company LLC restated a “buy” rating and set a $310.00 price objective on shares of Plexus in a research report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $276.86.

Plexus Trading Up 0.2%

PLXS stock opened at $263.90 on Thursday. Plexus has a one year low of $132.03 and a one year high of $307.06. The stock has a market cap of $7.06 billion, a price-to-earnings ratio of 38.92 and a beta of 0.89. The company has a fifty day moving average price of $252.51 and a two-hundred day moving average price of $250.33. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.49 and a quick ratio of 0.72.

Insider Buying and Selling

In other Plexus news, CEO Todd Kelsey sold 1,500 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $242.41, for a total transaction of $363,615.00. Following the transaction, the chief executive officer owned 64,388 shares in the company, valued at $15,608,295.08. This trade represents a 2.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Rapp sold 500 shares of Plexus stock in a transaction on Monday, August 31st. The shares were sold at an average price of $240.87, for a total value of $120,435.00. Following the completion of the transaction, the director directly owned 7,535 shares of the company’s stock, valued at $1,814,955.45. This represents a 6.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,500 shares of company stock valued at $1,960,520 over the last 90 days. 1.78% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PLXS. QRG Capital Management Inc. lifted its position in Plexus by 8.8% during the second quarter. QRG Capital Management Inc. now owns 3,552 shares of the technology company’s stock worth $1,068,000 after purchasing an additional 287 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in Plexus in the 2nd quarter valued at about $725,000. Sequoia Financial Advisors LLC increased its holdings in Plexus by 11.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,653 shares of the technology company’s stock valued at $497,000 after buying an additional 167 shares during the period. Tidal Investments LLC increased its holdings in Plexus by 21.6% in the 2nd quarter. Tidal Investments LLC now owns 1,757 shares of the technology company’s stock valued at $528,000 after buying an additional 312 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Plexus in the 2nd quarter valued at approximately $51,000. Institutional investors and hedge funds own 94.45% of the company’s stock.

About Plexus

Plexus Corp. is a global electronics manufacturing services company that designs, manufactures and services products for original equipment manufacturers. The company supports customers across the product life cycle, from product development and engineering to supply chain management, assembly, testing, fulfillment and aftermarket services.

Plexus provides solutions for industries including healthcare and life sciences, industrial and commercial, aerospace and defense, and communications.