Plexus stock falls 2.55 percent to EUR 229.00 from EUR 235.00

Published on 09/30/2026 at 17:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KeyBanc lifted Plexus to Overweight with a USD 300.00 target on September 22, 2026. At Lang & Schwarz, Plexus stock was at EUR 229.00, minus 2.55 percent versus EUR 235.00.

PLXS, US7291321005, Illustration mit AI erstellt.

Plexus (ISIN US7291321005) was trading at EUR 229.00 at Lang & Schwarz on September 30, 2026 at 5:33 p.m. CEST, minus 2.55 percent versus the prior close of EUR 235.00. The move came as analysts kept a positive earnings view while the stock remained below its 52-week high.

KeyBanc raises the earnings bar

According to Investing.com on September 22, 2026, KeyBanc upgraded Plexus from Sector Weight to Overweight and set a USD 300.00 price target. The change followed investor meetings and higher earnings estimates, while KeyBanc said reinvestment could limit near-term margin expansion.

MarketBeat reported on September 23, 2026 that eight brokerages carried a consensus Buy rating and an average 12-month target of USD 276.86. The same report listed recent targets from USD 300.00 to USD 330.00, leaving the analyst picture constructive despite the daily decline in the euro quote.

Fiscal Q3 growth beats estimates

Investing.com said Plexus reported fiscal Q3 2026 non-GAAP diluted EPS of USD 2.32, above the USD 2.13 consensus, while revenue reached USD 1.30 billion against USD 1.23 billion expected. Revenue increased 28.00 percent from the prior year in that report, while MarketBeat reported the year-over-year increase as 28.20 percent. The figures show that revenue growth was accompanied by an earnings beat, but the different growth readings call for attention to the underlying reporting basis.

The company set fiscal Q4 2026 guidance at adjusted EPS of USD 2.47-2.63, according to MarketBeat on September 26, 2026. That range places the next quarter's midpoint at USD 2.55, above the USD 2.32 non-GAAP EPS reported for fiscal Q3 2026.

Plexus stock sits below its yearly high

Plexus stock was trading at EUR 229.00 at Lang & Schwarz on September 30, 2026 at 5:33 p.m. CEST, minus 2.55 percent versus the Lang & Schwarz prior close of EUR 235.00 on September 29, 2026. The primary Nasdaq listing had a 52-week range of USD 132.03 to USD 307.06 and a market capitalization of USD 7.0 billion as of September 30, 2026.