Plexus Corp. (PLXS) Stock Analysis
Breakout setup
Technology · Electronic Components
Sell if holding. Engine safety override at $295.02: Quality below floor (3.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10. Specifically: Below-average business quality.
Plexus Corp. designs, manufactures, and services highly complex electronic products for Aerospace/Defense, Healthcare/Life Sciences, and Industrial customers from 26 global facilities with over 20,000 employees. Revenue is primarily from turnkey manufacturing contracts; the top... Read more
Sell if holding. Engine safety override at $295.02: Quality below floor (3.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 68, MACD bullish. Score 5.1/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 44d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-06-15Recent Developments — Plexus Corp.
Latest news
- NEWS Needham Maintains Buy on Plexus, Raises Price Target to $310 — benzinga Jun 1, 2026 positive
- NEWS Needham Maintains Buy on Plexus, Raises Price Target to $285 — benzinga May 1, 2026 positive
- NEWS Plexus Appoints David Abuhl CFO, Effective May 11, Succeeding Patrick Jermain — benzinga Apr 29, 2026 neutral
- NEWS Plexus Sees Q3 Adj EPS $2.02-$2.18 vs $1.99 Est; Sees Sales $1.200B-$1.250B vs $1.151B Est — benzinga Apr 29, 2026 positive
- NEWS Plexus Sees Q3 GAAP EPS $1.25-$1.41 vs $1.81 Est — benzinga Apr 29, 2026 negative
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomer10 largest customers49%10-K Item 1A: 'Our 10 largest customers accounted for 49.1% and 47.8% of our net sales in fiscal 2025 and 2024, respectively'
- MEDIUMGeographicMalaysia10-K Item 1A: 'A significant portion of our operations is currently located in the APAC region, particularly in Malaysia'
Material Events(8-K, last 90d)
- 2026-04-29Item 5.02MEDIUMPatrick J. Jermain (EVP & CFO) informed Company of intent to retire July 31, 2026. Will remain as CFO through May 10, 2026, then serve in advisory capacity through July 31. No permanent successor named in disclosed filing.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $295.02: Quality below floor (3.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.1/10. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 68, MACD bullish. Prior stop was $274.37. Score 5.1/10, moderate confidence.
Take-profit target: $293.02 (-0.7% upside). Prior stop was $274.37. Stop-loss: $274.37.
Target reached (-19.1% upside); Quality below floor (3.7 < 4.0).
Plexus Corp. trades at a P/E of 43.1 (forward 31.1). TrendMatrix value score: 4.3/10. Verdict: Sell.
12 analysts cover PLXS with a consensus score of 3.9/5. Average price target: $281.
What does Plexus Corp. do?Plexus Corp. designs, manufactures, and services highly complex electronic products for Aerospace/Defense,...
Plexus Corp. designs, manufactures, and services highly complex electronic products for Aerospace/Defense, Healthcare/Life Sciences, and Industrial customers from 26 global facilities with over 20,000 employees. Revenue is primarily from turnkey manufacturing contracts; the top 10 customers accounted for 49.1% of fiscal 2025 net sales with no single customer exceeding 10%.