The price of PLXS is predicted to go up 2.67%, based on the high correlation periods with BLBX. The similarity of these two price pattern on the periods is 98.54%.
PLXS
BLBX
Up: 2.67%Similarity: 98.54%
PLXS Revenue Forecast
PLXS EPS Forecast
PLXS FAQs
What is bull’s view on PLXS?
PLXS stock has a bullish outlook with analysts maintaining strong buy ratings. Needham raised its price target to $172, and Benchmark increased it to $170, reflecting 12.79% and 11.48% upside potential, respectively, driven by robust financial performance and operational efficiency. Despite recent revenue guidance below expectations, the stock's long-term growth prospects and strong industry positioning support its upward trajectory.
What is bear's view on PLXS?
PLXS stock is bearish due to its disappointing Q2 revenue guidance of $960M-$1B, below the $1.015B consensus, and weaker-than-expected Q1 sales of $976M. The stock closed at $141.71 on 2025-01-31, down 1.13%, reflecting negative sentiment. Further downside is possible if revenue growth remains under pressure.
What is PLXS revenue forecast for next quarter?
The market consensus for PLXS's revenue in the upcoming quarter is projected to be approximately $980.067M USD.
What is PLXS eps forecast for next quarter?
The market consensus for PLXS's eps in the upcoming quarter is projected to be approximately $1.54 USD.
Benchmark analyst David Williams raised the firm's price target on Plexus to $150 from $145 and keeps a Buy rating on the shares. Plexus continues to execute well with new program win momentum and improving fundamentals, says the firm, which does not anticipate a major change in the company's trajectory or near-term outlook despite the volatile macro environment.