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Plexus Corp(PLXS)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
3-STAR RATING
REGULAR BUY
BUY for 9 days
PROFIT SINCE LAST BUY
-4.61% ▼
LAST CLOSE
$257.8
10/13/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for PLXS

10/13/2026: PLXS (3-star) is a REGULAR-BUY. BUY for 9 days. Simulated Profits (-4.61%). Updated daily EoD!

Plexus Corp is a specialized electronics manufacturing services provider that focuses on complex, high-reliability products for the healthcare, industrial, and aerospace sectors. The company differentiates itself through an integrated design and manufacturing model that appeals to customers requiring rigorous quality standards. Its main growth opportunity lies in increasing outsourcing trends among medical and industrial clients, though the business is susceptible to customer concentration risks and manufacturing sector volatility. The stock is best suited for growth-oriented investors who prioritize long-term partnership models over dividends. Monitoring key program ramps and global supply chain stability remains critical for assessing the company’s future execution and performance in its niche market.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company benefits from long-term secular growth trends in medical and industrial outsourcing.
Momentum investorMixed fitMomentum depends on the specific timing of new program launches and market cycles.
Value investorMixed fitThe stock valuation typically reflects its high-quality niche positioning rather than deep-value metrics.
Dividend investorWeak fitPlexus does not currently offer a dividend, making it unsuitable for income-focused portfolios.
Low-risk investorMixed fitWhile established, the stock is subject to manufacturing sector volatility and customer concentration risks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe stock can experience price swings tied to industrial sector cycles.
Valuation riskMediumMarket sentiment toward manufacturing multiples can impact P/E ratios.
Competition risk (EMS sector)HighIntense pricing pressure from larger players like Jabil can impact margins.
Business qualityMediumThe company has a strong reputation for quality in complex markets.
Dividend incomeLow / noneThere is no current dividend payout.
Execution riskMediumSuccess depends on the efficient ramp-up of complex manufacturing programs.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 36.59%
Avg. Invested days 48
Today’s Advisory Regular Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/13/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
PLXS receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
PLXS has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+54.6%) is partially offset by soft cash generation (FCF margin 3.8%), moderate revenue growth (+1.8%), soft profitability (net margin 4.3%).

Financial Health Rating

★★★★★
PLXS's financial health is supported by solid cash strength, including free-cash-flow generation (3.8% of revenue). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is PLXS's strongest growth driver at +54.6% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (+1.8%, moderate) and free-cash-flow growth (-54.9%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 104.3% and approximately 98.6% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 1.43% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 16.37%
Vanguard Portfolio Management, LLC 7.92%
Disciplined Growth Investors Inc 5.41%
Vanguard Capital Management, LLC 4.53%
American Century Companies Inc 4.44%

Unit Economics (Per $1K Revenue)

★★★★★
PLXS generates approximately $101 of gross profit, $50 of operating income, and $38 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Weak margins explain the 2-star rating, with moderate cash conversion and moderate capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 8.05%

Quantitative Style Profile

★★★★★
PLXS has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Small / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.87B USD
Price to earnings Ratio 38.08
1Y Target Price 304.6
Price to earnings Ratio 38.08
1Y Target Price 304.6
Volume (30-day avg) 216.4K shares
Beta 0.89
52 Weeks Range 132.03 - 307.06
Updated Date 10/13/2026
52 Weeks Range 132.03 - 307.06
Updated Date 10/13/2026
Dividends yield (FY) -
Basic EPS (TTM) 6.77

How Company Makes Money

Business areaWhat it includesRetail investor read
Healthcare/Life SciencesDesign and build for medical devices and diagnostic equipment.Steady revenue source from essential, high-margin medical equipment manufacturing.
Industrial/CommercialManufacturing of advanced automation and machinery.Strong growth potential driven by global automation trends.
Aerospace/DefenseHigh-reliability electronic assemblies.Highly stable, contract-based revenue in a secure industry.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 38.08
Forward PE 24.15
Enterprise Value 6.53B
Price to Sales(TTM) 1.49
Enterprise Value 6.53B
Price to Sales(TTM) 1.49
Enterprise Value to Revenue 1.42
Enterprise Value to EBITDA 21.46
Shares Outstanding 26.65M
Shares Floating 26.27M
Shares Outstanding 26.65M
Shares Floating 26.27M
Percent Insiders 1.43
Percent Institutions 104.28

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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