Stocks · Technology · Hardware, Equipment & Parts

Plexus Corp. PLXS

$273.18 +0.02% Close, Oct 5, 2026 · NASDAQ · Market cap $7.31B

Strong trendLow risk

Next earnings report: Oct 28, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. At 40.4× trailing earnings, the shares trade at the highest P/E of the company's past five years.
  2. Earnings beat analyst estimates in each of the last 10 quarters (average surprise over the last four: +8.4%).
  3. Over the past year the stock returned +85.6%, ahead of the S&P 500 by 69.8 percentage points.

PromtFinance scores

Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.

Growth42Weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 45%
  • EPS growth (TTM, YoY)Top 48%
  • FCF growth (TTM, YoY)Bottom 9%
  • Revenue growth, 3-year CAGRBottom 37%
  • Revenue growth accelerationTop 19%
Quality35Weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 25%
  • Gross marginBottom 6%
  • Operating marginTop 49%
  • Cash conversion (OCF / net income)Bottom 17%
  • Accruals (lower is better)Bottom 14%
  • Net debt / EBITDA (lower is better)Top 44%
  • Interest coverTop 19%
Value48Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 33%
  • Free-cash-flow yieldBottom 33%
  • EBITDA / enterprise valueTop 47%
  • Sales / enterprise valueTop 24%
  • P/E vs own 5-year history (lower is better)Bottom 4%
Momentum83Strong

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 17%
  • 6-month returnTop 42%
  • 1-year return vs S&P 500Top 16%
  • Distance from 52-week highTop 21%
  • Trend checklist (0–4)Top 19%
Revisions52Neutral

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 50%
  • Consecutive EPS beatsTop 21%
  • Share of analysts rating BuyBottom 37%
  • Upside to consensus price targetBottom 33%
Stability92Exceptional

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 15%
  • Maximum drawdown, 3 yearsTop 7%
  • Beta vs S&P 500 (lower is better)Top 28%
  • Net debt / EBITDA (lower is better)Top 44%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)8.6%14.2%↑
EPS growth (YoY)33.1%15.3%↓
Gross margin10.2%10.0%↓
Operating margin5.0%5.0%↓
FCF margin6.2%1.3%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)14.2%8.6%↑Top 45%
EPS growth (TTM, YoY)15.3%33.1%↓Top 48%
Gross margin10.0%10.2%↓Bottom 6%
Operating margin5.0%5.0%↓Top 49%
Net margin4.0%4.0%↓—
Free-cash-flow margin1.3%6.2%↓—
Return on invested capital10.6%—Top 25%
Revenue growth, 3-year CAGR1.9%—Bottom 37%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
0.92×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
0.4%
Stock-based compensation / revenueA cost to shareholders through dilution.
1.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-15.9 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
-0.06×
Interest cover (operating income / interest)How many times operating profit covers interest.
18.0×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
1.17%
Shareholder yield
1.17%
Share count change, 1 year
-0.7%
Share count change, 3-year CAGR
-0.8%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jul 4, 2026 (filed Aug 6, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
10
Beats in the last 8 reports
8 of 8
Average EPS surprise, last 4
+8.4%
Average 2-day reaction, last 8
+0.3%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$303.75
Target vs current price
+11.2%
Analysts with a rating
19
Share rating Buy or Strong Buy
58%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 29, 2026+8.9%-3.8%+10.7%-3.7%—
Apr 29, 2026+9.6%+1.7%+7.6%+8.9%+3.3%
Jan 28, 2026+0.6%+4.2%+17.4%+17.6%+44.0%
Oct 22, 2025+14.4%-2.8%-4.4%-8.8%+20.6%
Jul 23, 2025+11.1%+0.2%-3.8%-2.0%+12.4%
Apr 23, 2025+7.8%+2.5%+1.4%+6.5%+8.6%
Jan 22, 2025+8.8%+0.1%-15.1%-17.8%-28.4%
Oct 23, 2024+19.4%+0.6%+7.8%+17.1%+26.4%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 29, 2026$2.32$2.13+8.9%$1.30B
Apr 29, 2026$2.05$1.87+9.6%$1.16B
Jan 28, 2026$1.78$1.77+0.6%$1.07B
Oct 22, 2025$2.14$1.87+14.4%$1.06B
Jul 23, 2025$1.90$1.71+11.1%$1.02B
Apr 23, 2025$1.66$1.54+7.8%$980.2M
Jan 22, 2025$1.73$1.59+8.8%$976.1M
Oct 23, 2024$1.85$1.55+19.4%$1.05B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)40.4×21.7×100thTop 33%
P/E (forward)31.4×———
EV / EBITDA29.3×——Top 47%
EV / Sales1.59×——Top 24%
Free-cash-flow yield0.85%——Bottom 33%
Earnings yield2.48%——Top 33%

P/E over the past five years

Range 14.6× – 39.7× since Jul 3, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+85.6%
Earnings per share growth (TTM)
+15.3%
Change in P/E multiple
+86.0%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✓ Price above 20-day average
  • ✓ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
10
Days above the 200-day average
217
50-day average slope (20 days)
-1.6%
200-day average slope (20 days)
+4.9%
Distance from 50-day average
+7.3%
Distance from 200-day average
+17.6%
RSI (14)
65.0
Relative volume
1.11×

Risk and drawdowns

Volatility, 60 days (annualized)
38.1%
Volatility vs own 5-year history
70th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
1.08
Correlation with S&P 500
0.46
Current drawdown from 1-year high
-10.1%
Maximum drawdown, 3 years
-34.9%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jan 22, 2025Apr 8, 2025-34.9%53 days192 days (Jan 13, 2026)
Jan 24, 2023May 4, 2023-26.1%70 days300 days (Jul 16, 2024)
May 20, 2021Jan 27, 2022-24.9%174 days192 days (Nov 1, 2022)
Jun 22, 2026Aug 24, 2026-21.8%44 daysNot yet recovered
Jan 12, 2021Jan 27, 2021-11.7%10 days22 days (Mar 1, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$7.31B
P/E (TTM)
40.4
EPS, diluted (TTM)
$6.77
Revenue (TTM)
$4.60B
52-week range
$132.03 – $307.06
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$3.37B$3.81B$4.21B$3.96B$4.03B
Gross profit$323.3M$347.2M$394.6M$378.5M$406.5M
Operating income$176.3M$178.2M$195.8M$167.7M$202.4M
Net income$138.9M$138.2M$139.1M$111.8M$172.9M
EPS (diluted)$4.76$4.86$4.95$4.01$6.26
Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$1.05B$976.1M$980.2M$1.02B$1.06B$1.07B$1.16B$1.30B
Net income$41.2M$37.3M$39.1M$45.1M$51.4M$41.2M$49.8M$43.0M
EPS (diluted)$1.48$1.34$1.41$1.64$1.87$1.51$1.82$1.57
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$142.6M-$26.2M$165.8M$436.5M$249.2M
Capital expenditure-$57.1M-$101.6M-$104.0M-$95.2M-$95.3M
Free cash flow$85.5M-$127.9M$61.8M$341.3M$154.0M
Dividends paid$0$0$0$0$0
Net share buybacks-$108.5M-$50.4M-$40.9M-$55.7M-$65.3M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$314.1M
Total assets
$3.63B
Total liabilities
$2.10B
Total debt
$299.3M
Net debt
-$14.7M
Shareholders’ equity
$1.53B

As of Jul 4, 2026 (filed Aug 6, 2026).

Short interest

Shares sold short
875,856
Days to cover
4.56
Change vs previous report
+1.1%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Sep 1, 2000
2-for-1
Aug 26, 1997
2-for-1
Mar 23, 1992
3-for-2