Plexus Corp. (PLXS) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 18 analysts11.7% Above Target
PLXS trades 11.7% above Wall Street's consensus target of $265.00.
Current Price$299.97
Average Target$265.00
Target
Current
Low$195.00
Median$277.50
High$310.00
Analyst Target Range
Forward P/E36.6x
(Growth Premium)
PEG Ratio3.75
(Expensive)
Implied Growth+19.6%
(Moderate)
Analyst Spread43.4%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes PLXS achieves its forward estimates and maintains a stable P/E multiple of 36.6x. This scenario reflects the blended consensus of 18 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
PLXS Price Target Analysis
Updated June 20, 2026As of June 20, 2026, Plexus Corp. (PLXS) has a Wall Street consensus price target of $265.00, based on estimates from 18 covering analysts. With the stock currently trading at $299.97, this represents a potential downside of -11.7%. The company has a market capitalization of $8.04B.
Analyst price targets range from a low of $195.00 to a high of $310.00, representing a 43% spread in expectations. The median target of $277.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 9 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 3 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, PLXS trades at a trailing P/E of 47.9x and forward P/E of 36.6x. The forward PEG ratio of 3.75 reflects a premium valuation. Analysts expect EPS to grow +19.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $333.36, with bear and bull scenarios of $210.02 and $439.24 respectively. Model confidence stands at 49/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+0.7%
Industry Consensus
Avg Forward P/E
46.2x
(Growth Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 JBLJabil Inc. | $39.2B | $371.88 | $454.13 | +22.1% | Buy | 29.5x | 23 |
 CLSCelestica Inc. | $42.8B | $372.55 | $459.00 | +23.2% | Buy | 37.1x | 27 |
 BHEBenchmark Electronics, Inc. | $3.3B | $92.17 | $86.00 | -6.7% | Hold | 33.4x | 9 |
 SANMSanmina Corporation | $13.2B | $241.49 | $200.00 | -17.2% | Hold | 21.6x | 17 |
 FLEXFlex Ltd. | $54.3B | $147.61 | $150.00 | +1.6% | Buy | 45.5x | 25 |
 VICRVicor Corporation | $14.9B | $331.37 | $297.50 | -10.2% | Buy | 111.5x | 7 |
 SMTCSemtech Corporation | $14.7B | $158.23 | $203.30 | +28.5% | Buy | 93.3x | 32 |
 AAONAAON, Inc. | $11.2B | $136.72 | $119.00 | -13.0% | Buy | 60.4x | 5 |
 AVTAvnet, Inc. | $7.5B | $91.47 | $79.33 | -13.3% | Hold | 17.8x | 20 |
 ARWArrow Electronics, Inc. | $11.9B | $232.70 | $215.00 | -7.6% | Hold | 11.7x | 17 |
PLXS — Frequently Asked Questions
Quick answers to the most common questions about buying PLXS stock.
What is the PLXS stock price target for 2026?
PLXS's consensus price target is $265, -11.7% below the current price of $299.97. The 18 analysts tracking PLXS see downside risk at present valuations.
Is PLXS a buy, sell, or hold?
PLXS has a consensus rating of "Buy" based on 18 Wall Street analysts. The rating breakdown is mixed, with 6 Hold ratings making up the largest segment. The consensus 12-month price target of $265 implies -11.7% downside from current levels.
Is PLXS stock overvalued or undervalued?
At a forward P/E of 36.5893x, PLXS trades at a premium valuation. The consensus price target of $265 (-11.7% downside) suggests analysts may view current valuations as stretched.
How high can PLXS stock go?
The most bullish Wall Street analyst has a price target of $310 for PLXS, while the most conservative target is $195. The consensus of $265 represents the median expectation. Our quantitative valuation model projects a bull case target of $439 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover PLXS stock?
PLXS is well covered by analysts, with 18 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 9 have Buy ratings, 6 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the PLXS stock forecast?
The 12-month PLXS stock forecast based on 18 Wall Street analysts shows a consensus price target of $265, with estimates ranging from $195 (bear case) to $310 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $333, with bear/bull scenarios of $210/$439.
What is PLXS's fair value based on fundamentals?
Our quantitative valuation model calculates PLXS's fair value at $333 (base case), with a bear case of $210 and bull case of $439. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 49/100.
What is PLXS's forward P/E ratio?
PLXS trades at a forward P/E ratio of 36.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 47.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy PLXS stock?
Analysts are cautious on PLXS, with 3 Sell ratings and a price target of $265 (-11.7% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do PLXS price targets vary so much?
PLXS analyst price targets range from $195 to $310, a 43% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $265 consensus represents the middle ground. Our model's $210-$439 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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