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Plexus Corp has a consensus price target of $131.67 based on the ratings of 8 analysts. The high is $165 issued by Benchmark on October 28, 2024. The low is $86 issued by JP Morgan on January 27, 2023. The 3 most-recent analyst ratings were released by Stifel, Benchmark, and Needham on December 10, 2024, October 28, 2024, and October 25, 2024, respectively. With an average price target of $159 between Stifel, Benchmark, and Needham, there's an implied -0.04% downside for Plexus Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Plexus (NASDAQ:PLXS) was reported by Stifel on December 10, 2024. The analyst firm set a price target for $150.00 expecting PLXS to fall to within 12 months (a possible -5.70% downside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Plexus (NASDAQ:PLXS) was provided by Stifel, and Plexus maintained their hold rating.
The last upgrade for Plexus Corp happened on January 27, 2023 when Sidoti & Co. raised their price target to $116. Sidoti & Co. previously had a neutral for Plexus Corp.
The last downgrade for Plexus Corp happened on January 9, 2024 when Sidoti & Co. changed their price target from N/A to $112 for Plexus Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Plexus, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Plexus was filed on December 10, 2024 so you should expect the next rating to be made available sometime around December 10, 2025.
While ratings are subjective and will change, the latest Plexus (PLXS) rating was a maintained with a price target of $136.00 to $150.00. The current price Plexus (PLXS) is trading at is $159.07, which is out of the analyst’s predicted range.
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