Stifel Boosts Rating for Plexus (PLXS)

Avatar photo

On April 20, 2026, Stifel upgraded Plexus (NasdaqGS: PLXS) from a Hold to a Buy rating. The average one-year price target for Plexus is $204.82 per share, reflecting a projected downside of 13.90% from its latest closing price of $237.87 per share.

Plexus is projected to generate annual revenue of $4.977 billion, marking a 20.60% increase, with a non-GAAP EPS estimate of $7.93. Institutional interest has decreased, with 350 funds reporting positions, a decrease of 47.76% from the last quarter.

Key shareholders include Disciplined Growth Investors with 1.591 million shares (5.94% ownership, up 2.34%), and American Century Companies with 1.561 million shares (5.83% ownership, up 29.27%). The put/call ratio for Plexus stands at 0.14, indicating a bullish outlook.

The free Daily Market Overview 250k traders and investors are reading

Read Now