Plexus stock gains 1.06 percent as revenue jumps 28.2 percent

Published on 10/04/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

On October 2, 2026, the shares closed at USD 273.13, below the USD 307.06 52-week high. Fiscal Q3 adjusted EPS reached USD 2.32 and topped the USD 2.13 estimate.

PLXS, US7291321005, Illustration mit AI erstellt.

Plexus stock (ISIN US7291321005) closed at USD 273.13 on the Nasdaq on October 2, 2026, up 1.06 percent for the session. The fiscal third-quarter numbers remain the main operating driver: revenue rose 28.2 percent year over year to USD 1.305 billion, according to MarketBeat on October 3, 2026.

Revenue accelerates across key markets

Plexus reported fiscal Q3 adjusted EPS of USD 2.32, above the USD 2.13 analyst estimate, while GAAP diluted EPS was USD 1.58. Revenue also increased 12 percent from fiscal Q2, giving the contract manufacturer a second quantified growth comparison in the latest reported period.

The company guided fiscal Q4 revenue to USD 1.33 billion to USD 1.38 billion and non-GAAP EPS to USD 2.47 to USD 2.63. Its fiscal 2026 outlook calls for revenue growth above 20 percent, with adjusted operating margin above 6 percent, as reported in the Yahoo Finance transcript of the fiscal Q3 call.

Analyst targets leave limited headroom

According to MarketBeat on October 4, 2026, Wall Street Zen upgraded Plexus from Hold to Buy. The same report cites a consensus Buy rating from eight analysts, including one Strong Buy, six Buys and one Hold, with an average target of USD 276.86, 1.37 percent above the October 2 closing price.

KeyCorp previously moved Plexus from Sector Weight to Overweight and set a USD 300 price target on September 21, 2026, according to MarketBeat. The contrast between the average target and the higher individual target shows that the growth case is widely accepted, while the valuation leaves less room for execution setbacks.

Stock remains below its yearly high

Plexus stock stood 11.05 percent below its USD 307.06 52-week high and above its USD 132.03 low on October 2, 2026. The market capitalization was USD 7.3 billion, and trading volume reached 210,801 shares.