Plexus Corp. Receives 'Moderate Buy' Rating from Analysts

The electronics manufacturing services company has an average 12-month price target of $189.20.

Mar. 12, 2026 at 7:52am

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Plexus Corp. (NASDAQ:PLXS) has been assigned a 'Moderate Buy' consensus rating from six ratings firms currently covering the company. The average 12-month price target among analysts is $189.20, with two analysts rating the stock as 'Hold', three as 'Buy', and one as 'Strong Buy'.

Why it matters

Plexus is a global provider of electronics manufacturing services and precision engineered solutions, partnering with original equipment manufacturers across various industries. The 'Moderate Buy' rating and price target from analysts suggest they see potential upside in the company's stock performance.

The details

Several equity analysts have weighed in on Plexus recently. Wall Street Zen downgraded the stock from 'Buy' to 'Hold', while Stifel Nicolaus and Benchmark increased their price targets to $200 and $195, respectively, and maintained 'Hold' and 'Buy' ratings. Zacks Research also upgraded Plexus from 'Hold' to 'Strong Buy'.

  • The consensus rating and average price target are based on analyst coverage over the last year.

The players

Plexus Corp.

A global provider of electronics manufacturing services and precision engineered solutions, headquartered in Neenah, Wisconsin.

Wall Street Zen

An equity research firm that downgraded Plexus from 'Buy' to 'Hold'.

Stifel Nicolaus

An investment banking firm that increased its price target for Plexus to $200 and maintained a 'Hold' rating.

Benchmark

An equity research firm that increased its price target for Plexus to $195 and maintained a 'Buy' rating.

Zacks Research

An equity research firm that upgraded Plexus from 'Hold' to 'Strong Buy'.

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What they’re saying

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— Gordon Edgar, grocery employee

The takeaway

The 'Moderate Buy' rating and increased price targets from analysts suggest they see potential upside in Plexus' stock performance, reflecting the company's position as a global provider of electronics manufacturing services and solutions.