Stifel Rates Plexus (PLXS) buy, $330 Price Target

Stifel has reiterated its buy rating on Plexus Corp., setting a price target of $330, a 15.15% upside from the current price.

By EarningsIQ Research Desk · Published Jun 22, 2026, 8:01 AM EDT · Updated Jun 25, 2026, 10:01 AM EDT

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Stifel rated Plexus Corp. ($PLXS) "buy" with a $330 price target on June 22, 2026.

Since the rating, $PLXS is down 5.3% after 1 week, down 14.7% after 1 month and down 24.1% to date (from the $303.82 close on Jun 22, 2026).

PLXS Plexus Corp.

$230.47 +51.40% year to date

Daily close · Oct 16, 2026

Key Points

Stifel reiterated its buy rating on Plexus Corp. (PLXS) with a $330 price target on June 22, 2026.
Stifel's $330 price target implies 15.15% upside from Plexus Corp.'s ($PLXS) current $286.59 share price.
Shares of NasdaqGS:PLXS traded near $299.97 on Monday, with a market cap of about $8.03 billion.
Vanguard Portfolio Management LLC opened a new position in Plexus, while Dimensional Fund Advisors LP reduced its holdings by 254,086 shares.

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Stifel reiterated its buy rating on Plexus Corp. (NasdaqGS:PLXS) on June 22, 2026, setting a price target of $330. This comes as the stock traded near $299.97 on Monday.

Analyst rating track record

Stifel vs. the S&P 500

YTD return +42.85% hypothetical

All-time return +92.73% S&P 500 +27.70%

vs. S&P 500 +65.03% ahead of the index

Hypothetical returns from Stifel's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Plexus Corp.

Vanguard Portfolio Management LLC opened a new position in Plexus, acquiring 2,254,757 shares valued at approximately $456.68 million. Meanwhile, Dimensional Fund Advisors LP reduced its holdings by 254,086 shares, ending with 1,119,371 shares worth about $226.70 million. BlackRock, Inc. trimmed its stake by 45,324 shares, retaining 4,275,264 shares valued at roughly $865.91 million. American Century Companies Inc added 1,809 shares, bringing its total to 1,562,431 shares worth approximately $316.46 million.

Plexus Corp. Stock Up 16.2%

Shares of NasdaqGS:PLXS traded near $299.97 on Monday. Plexus Corp. has a market cap of about $8.03 billion, with a P/E ratio of 43.9 and a forward P/E of 31.7. The stock's 52-week range is between $115.35 and $304.90. Its 50-day moving average is $261.42, and the 200-day moving average is $189.50. The company maintains a current ratio of 1.54 and a quick ratio of 0.681, with a debt-to-equity ratio of 17.967.

12-month forecast

$PLXS price target

Plexus Corp. daily closes and this analyst's $330 target. Not advice.

Recent Earnings

Plexus Corp. reported revenue of $4.31 billion with a revenue growth rate of 18.7%. The company achieved a net margin of 4.35% and a return on equity of 13.2%. Its earnings per share stood at $6.84. The next earnings report is expected on July 29, 2026.

Insider Buying and Selling at Plexus Corp.

Several insider transactions have occurred recently at Plexus Corp. On June 17, 2026, President & CEO Todd Kelsey sold 1,500 shares at an average price of $294.98 under a Rule 10b5-1 plan. Earlier, on June 5, Regional President Michael Running sold 510 shares at $272.17. On June 3, Todd Kelsey also sold 1,000 shares at $290.00.

Analysts Set New Price Targets

On June 22, 2026, Stifel maintained its buy rating for Plexus Corp. with a $330 price target. Previously, Needham maintained a buy rating with a $310 target on June 1, 2026. The consensus among analysts is a buy rating, with a mean price target of $280.75 based on four analyst opinions.

About Plexus Corp.

Plexus Corp. provides electronic manufacturing services across various regions including the United States, Asia-Pacific, and Europe. The company offers design and supply chain solutions, serving industries such as aerospace, healthcare, and industrial sectors. Founded in 1979, Plexus is headquartered in Neenah, Wisconsin, and is led by CEO Todd P. Kelsey. It employs around 20,000 people.

Bottom Line

Stifel's reiterated buy rating with a $330 target reflects confidence in Plexus Corp.'s prospects. Investors often track such analyst updates for potential impacts on stock performance. Remember, these ratings and targets are backward-looking and may not reflect current conditions.