Plexus Corp. $PLXS reported third-quarter 2026 revenue of $1.3 billion, up 28.1% from a year earlier and above the $1.3 billion estimate. Gross profit rose 27.2% to $131.4 million, while operating profit increased 14.3% to $61.3 million.
Net income attributable to common shareholders came in at $43.0 million, down 4.7% from last year, and diluted earnings per share slipped to $1.58. Cash from operating activities totaled $25.9 million, and capital spending on property, plant and equipment was $26.7 million.
On the balance sheet, cash and cash equivalents climbed to $314.1 million, up 32.2% year over year, while total liabilities increased to $2.1 billion. The stock rose 3.54% after the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Plexus Corp. Insider Trading Activity
Plexus Corp. insiders have traded $PLXS stock on the open market 43 times in the past 6 months. Of those trades, 0 have been purchases and 43 have been sales.
Here’s a breakdown of recent trading of $PLXS stock by insiders over the last 6 months:
- TODD P. KELSEY (President & CEO) has made 0 purchases and 25 sales selling 29,254 shares for an estimated $6,809,410.
- DEAN A FOATE has made 0 purchases and 2 sales selling 15,000 shares for an estimated $3,074,467.
- OLIVER K. MIHM (Exec VP & COO) has made 0 purchases and 2 sales selling 11,767 shares for an estimated $2,364,052.
- PATRICK JOHN JERMAIN (Exec. VP & CFO) has made 0 purchases and 3 sales selling 10,749 shares for an estimated $2,186,489.
- VICTOR (PANG HAU) TAN (Regional President - APAC) has made 0 purchases and 3 sales selling 6,000 shares for an estimated $1,430,199.
- ANGELO MICHAEL JR NINIVAGGI (Exec VP, CAO, Gen Coun & Secy) sold 4,303 shares for an estimated $873,767
- MICHAEL J. RUNNING (Regional President - AMER) has made 0 purchases and 3 sales selling 2,136 shares for an estimated $472,389.
- FRANK ZYCINSKI (Regional President - EMEA) sold 1,399 shares for an estimated $288,183
- KAREN MARIE RAPP has made 0 purchases and 2 sales selling 1,000 shares for an estimated $232,795.
- RANDY J MARTINEZ sold 1,000 shares for an estimated $203,140
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Plexus Corp. Hedge Fund Activity
We have seen 201 institutional investors add shares of Plexus Corp. stock to their portfolio, and 146 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FIDUCIARY MANAGEMENT INC /WI/ removed 1,290,446 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $261,366,932
- ALLIANCEBERNSTEIN L.P. added 570,860 shares (+968.8%) to their portfolio in Q1 2026, for an estimated $115,621,984
- WESTFIELD CAPITAL MANAGEMENT CO LP added 379,293 shares (+7294.1%) to their portfolio in Q1 2026, for an estimated $76,822,004
- MILLENNIUM MANAGEMENT LLC added 293,899 shares (+2500.2%) to their portfolio in Q1 2026, for an estimated $59,526,303
- DIMENSIONAL FUND ADVISORS LP removed 254,086 shares (-18.5%) from their portfolio in Q1 2026, for an estimated $51,462,578
- EMERALD ADVISERS, LLC added 166,532 shares (+inf%) to their portfolio in Q1 2026, for an estimated $33,729,391
- FULLER & THALER ASSET MANAGEMENT, INC. added 142,073 shares (+31.8%) to their portfolio in Q1 2026, for an estimated $28,775,465
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Plexus Corp. Government Contracts
We have seen $1,625,531 of award payments to $PLXS over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- CERCLA SUPPORT-LAND USE CONTROL INSPECTION AND GROUNDWATER MONITORING FOR H-AREA LANDFILL CELLS (90) AT SAV...: $78,145
- DLA-SM ESOHMS AUDIT BASE TASKS 1-5: $28,394
- TASK 1-4 88TH RD OWS SURVEYS OPTIONAL TASK 1-2 FOR SITE IA001 AND IA010: $18,700
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
Plexus Corp. Analyst Ratings
Wall Street analysts have issued reports on $PLXS in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 05/01/2026
To track analyst ratings and price targets for Plexus Corp., check out Quiver Quantitative's $PLXS forecast page.
Plexus Corp. Price Targets
Multiple analysts have issued price targets for $PLXS recently. We have seen 3 analysts offer price targets for $PLXS in the last 6 months, with a median target of $310.0.
Here are some recent targets:
- Ruben Roy from Stifel set a target price of $330.0 on 06/22/2026
- David Williams from Needham set a target price of $310.0 on 06/01/2026
- David Williams from Benchmark set a target price of $220.0 on 03/16/2026
