Plexus (PLXS)
Market Price (7/31/2026): $242.36 | Market Cap: $6.5 BilSector: Information Technology | Industry: Electronic Manufacturing Services
Plexus (PLXS)
Market Price (7/31/2026): $242.36Market Cap: $6.5 BilSector: Information TechnologyIndustry: Electronic Manufacturing Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Low stock price volatilityVol 12M is 40% Megatrend and thematic driversMegatrends include Digital Health & Telemedicine, Automation & Robotics, and 5G & Advanced Connectivity. Themes include Remote Patient Monitoring, Show more. | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.5% Key risksPLXS key risks include [1] significant customer concentration and [2] tepid long-term revenue growth and weak profitability. |
| Low stock price volatilityVol 12M is 40% |
| Megatrend and thematic driversMegatrends include Digital Health & Telemedicine, Automation & Robotics, and 5G & Advanced Connectivity. Themes include Remote Patient Monitoring, Show more. |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.5% |
| Key risksPLXS key risks include [1] significant customer concentration and [2] tepid long-term revenue growth and weak profitability. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 7/29/2026
Plexus (PLXS) stock has gained about 20% since 3/31/2026 because of the following key factors:
1. Strong Fiscal Q2 and Q3 2026 Financial Results and Upbeat Guidance: Plexus reported record fiscal Q2 2026 revenue of $1.164 billion and GAAP diluted EPS of $1.82. The company continued this positive trend into fiscal Q3 2026, achieving record revenue of $1.305 billion, surpassing its own guidance, and delivering a non-GAAP diluted EPS of $2.32, which exceeded analyst estimates by $0.19. Furthermore, Plexus provided robust fiscal Q4 2026 guidance, projecting revenue between $1.330 billion and $1.380 billion and non-GAAP EPS of $2.47 to $2.63, significantly higher than the $2.09 analyst consensus. For the full fiscal year 2026, management anticipates revenue growth exceeding 20%.
2. Enhanced Profitability and Operational Efficiency: The company demonstrated improved profitability and efficiency, evidenced by a fiscal Q3 2026 non-GAAP operating margin of 6.3%. Its Return on Invested Capital (ROIC) reached 14.9% in fiscal Q3 2026, generating an economic return of 5.9% and marking the highest ROIC in nearly five years, significantly surpassing its weighted average cost of capital of 9.0%.
Show more
Plexus (PLXS) stock has gained about 20% since 3/31/2026 because of the following key factors:
1. Strong Fiscal Q2 and Q3 2026 Financial Results and Upbeat Guidance: Plexus reported record fiscal Q2 2026 revenue of $1.164 billion and GAAP diluted EPS of $1.82. The company continued this positive trend into fiscal Q3 2026, achieving record revenue of $1.305 billion, surpassing its own guidance, and delivering a non-GAAP diluted EPS of $2.32, which exceeded analyst estimates by $0.19. Furthermore, Plexus provided robust fiscal Q4 2026 guidance, projecting revenue between $1.330 billion and $1.380 billion and non-GAAP EPS of $2.47 to $2.63, significantly higher than the $2.09 analyst consensus. For the full fiscal year 2026, management anticipates revenue growth exceeding 20%.
2. Enhanced Profitability and Operational Efficiency: The company demonstrated improved profitability and efficiency, evidenced by a fiscal Q3 2026 non-GAAP operating margin of 6.3%. Its Return on Invested Capital (ROIC) reached 14.9% in fiscal Q3 2026, generating an economic return of 5.9% and marking the highest ROIC in nearly five years, significantly surpassing its weighted average cost of capital of 9.0%.
Show more
Updated on 7/29/2026
Plexus (PLXS) stock has gained about 20% since 3/31/2026 because of the following key factors:
1. Strong Fiscal Q2 and Q3 2026 Financial Results and Upbeat Guidance: Plexus reported record fiscal Q2 2026 revenue of $1.164 billion and GAAP diluted EPS of $1.82. The company continued this positive trend into fiscal Q3 2026, achieving record revenue of $1.305 billion, surpassing its own guidance, and delivering a non-GAAP diluted EPS of $2.32, which exceeded analyst estimates by $0.19. Furthermore, Plexus provided robust fiscal Q4 2026 guidance, projecting revenue between $1.330 billion and $1.380 billion and non-GAAP EPS of $2.47 to $2.63, significantly higher than the $2.09 analyst consensus. For the full fiscal year 2026, management anticipates revenue growth exceeding 20%.
2. Enhanced Profitability and Operational Efficiency: The company demonstrated improved profitability and efficiency, evidenced by a fiscal Q3 2026 non-GAAP operating margin of 6.3%. Its Return on Invested Capital (ROIC) reached 14.9% in fiscal Q3 2026, generating an economic return of 5.9% and marking the highest ROIC in nearly five years, significantly surpassing its weighted average cost of capital of 9.0%.
3. Significant Program Wins and Market Share Expansion: Plexus consistently secured new business throughout the period. In fiscal Q2 2026, the company won 30 manufacturing programs, representing $355 million in annualized revenue. This momentum continued into fiscal Q3 2026, with an additional 31 manufacturing programs won, projected to contribute $255 million in annualized revenue. These wins indicate strong demand and successful expansion of market share, particularly in the Healthcare/Life Sciences and Industrial market sectors.
4. Increased Analyst Confidence and Upgraded Price Targets: Financial analysts responded positively to Plexus's performance and outlook, leading to increased confidence and higher price targets. For instance, Wall Street Zen upgraded Plexus from a "hold" rating to a "buy" rating in May 2026. Additionally, Needham & Company LLC boosted its price target from $285.00 to $310.00 in June 2026, and Stifel Nicolaus raised its target from $280.00 to $330.00 in the same month. The consensus analyst rating for the stock is currently "Buy" or "Strong Buy".
Show less
Plexus (PLXS) stock has gained about 20% since 3/31/2026 because of the following key factors:
1. Strong Fiscal Q2 and Q3 2026 Financial Results and Upbeat Guidance: Plexus reported record fiscal Q2 2026 revenue of $1.164 billion and GAAP diluted EPS of $1.82. The company continued this positive trend into fiscal Q3 2026, achieving record revenue of $1.305 billion, surpassing its own guidance, and delivering a non-GAAP diluted EPS of $2.32, which exceeded analyst estimates by $0.19. Furthermore, Plexus provided robust fiscal Q4 2026 guidance, projecting revenue between $1.330 billion and $1.380 billion and non-GAAP EPS of $2.47 to $2.63, significantly higher than the $2.09 analyst consensus. For the full fiscal year 2026, management anticipates revenue growth exceeding 20%.
2. Enhanced Profitability and Operational Efficiency: The company demonstrated improved profitability and efficiency, evidenced by a fiscal Q3 2026 non-GAAP operating margin of 6.3%. Its Return on Invested Capital (ROIC) reached 14.9% in fiscal Q3 2026, generating an economic return of 5.9% and marking the highest ROIC in nearly five years, significantly surpassing its weighted average cost of capital of 9.0%.
3. Significant Program Wins and Market Share Expansion: Plexus consistently secured new business throughout the period. In fiscal Q2 2026, the company won 30 manufacturing programs, representing $355 million in annualized revenue. This momentum continued into fiscal Q3 2026, with an additional 31 manufacturing programs won, projected to contribute $255 million in annualized revenue. These wins indicate strong demand and successful expansion of market share, particularly in the Healthcare/Life Sciences and Industrial market sectors.
4. Increased Analyst Confidence and Upgraded Price Targets: Financial analysts responded positively to Plexus's performance and outlook, leading to increased confidence and higher price targets. For instance, Wall Street Zen upgraded Plexus from a "hold" rating to a "buy" rating in May 2026. Additionally, Needham & Company LLC boosted its price target from $285.00 to $310.00 in June 2026, and Stifel Nicolaus raised its target from $280.00 to $330.00 in the same month. The consensus analyst rating for the stock is currently "Buy" or "Strong Buy".
Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →
Stock Movement Drivers
Fundamental Drivers
The 19.5% change in PLXS stock from 3/31/2026 to 7/30/2026 was primarily driven by a 12.6% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 7302026 | Change |
|---|---|---|---|
| Stock Price ($) | 202.54 | 241.99 | 19.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,127 | 4,310 | 4.4% |
| Net Income Margin (%) | 4.3% | 4.4% | 1.6% |
| P/E Multiple | 30.7 | 34.5 | 12.6% |
| Shares Outstanding (Mil) | 27 | 27 | 0.0% |
| Cumulative Contribution | 19.5% |
Market Drivers
3/31/2026 to 7/30/2026| Return | Correlation | |
|---|---|---|
| PLXS | 19.5% | |
| Market (SPY) | 14.0% | 46.6% |
| Sector (XLK) | 32.2% | 66.6% |
Fundamental Drivers
The 64.6% change in PLXS stock from 12/31/2025 to 7/30/2026 was primarily driven by a 51.0% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 7302026 | Change |
|---|---|---|---|
| Stock Price ($) | 147.00 | 241.99 | 64.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,033 | 4,310 | 6.9% |
| Net Income Margin (%) | 4.3% | 4.4% | 1.5% |
| P/E Multiple | 22.9 | 34.5 | 51.0% |
| Shares Outstanding (Mil) | 27 | 27 | 0.5% |
| Cumulative Contribution | 64.6% |
Market Drivers
12/31/2025 to 7/30/2026| Return | Correlation | |
|---|---|---|
| PLXS | 64.6% | |
| Market (SPY) | 9.1% | 48.2% |
| Sector (XLK) | 22.2% | 57.7% |
Fundamental Drivers
The 78.8% change in PLXS stock from 6/30/2025 to 7/30/2026 was primarily driven by a 34.3% change in the company's P/E Multiple.| (LTM values as of) | 6302025 | 7302026 | Change |
|---|---|---|---|
| Stock Price ($) | 135.31 | 241.99 | 78.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,968 | 4,310 | 8.6% |
| Net Income Margin (%) | 3.6% | 4.4% | 21.0% |
| P/E Multiple | 25.7 | 34.5 | 34.3% |
| Shares Outstanding (Mil) | 27 | 27 | 1.3% |
| Cumulative Contribution | 78.8% |
Market Drivers
6/30/2025 to 7/30/2026| Return | Correlation | |
|---|---|---|
| PLXS | 78.8% | |
| Market (SPY) | 21.1% | 51.3% |
| Sector (XLK) | 39.4% | 55.2% |
Fundamental Drivers
The 146.3% change in PLXS stock from 6/30/2023 to 7/30/2026 was primarily driven by a 117.2% change in the company's P/E Multiple.| (LTM values as of) | 6302023 | 7302026 | Change |
|---|---|---|---|
| Stock Price ($) | 98.24 | 241.99 | 146.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,270 | 4,310 | 0.9% |
| Net Income Margin (%) | 4.0% | 4.4% | 8.7% |
| P/E Multiple | 15.9 | 34.5 | 117.2% |
| Shares Outstanding (Mil) | 28 | 27 | 3.4% |
| Cumulative Contribution | 146.3% |
Market Drivers
6/30/2023 to 7/30/2026| Return | Correlation | |
|---|---|---|
| PLXS | 146.3% | |
| Market (SPY) | 73.2% | 54.8% |
| Sector (XLK) | 105.9% | 54.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PLXS Return | 23% | 7% | 5% | 45% | -6% | 64% | 207% |
| Peers Return | 28% | 11% | 57% | 83% | 86% | 38% | 948% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 7% | 95% |
Monthly Win Rates [3] | |||||||
| PLXS Win Rate | 50% | 50% | 67% | 58% | 50% | 71% | |
| Peers Win Rate | 58% | 55% | 60% | 63% | 60% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 43% | |
Max Drawdowns [4] | |||||||
| PLXS Max Drawdown | -15% | -24% | -26% | -16% | -35% | -21% | |
| Peers Max Drawdown | -20% | -26% | -24% | -25% | -37% | -33% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: JBL, FLEX, CLS, SANM, BHE. See PLXS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/30/2026 (YTD)
How Low Can It Go
| Event | PLXS | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -20.8% | -18.8% |
| % Gain to Breakeven | 26.3% | 23.1% |
| Time to Breakeven | 156 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -14.7% | -9.5% |
| % Gain to Breakeven | 17.2% | 10.5% |
| Time to Breakeven | 20 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -15.0% | -6.7% |
| % Gain to Breakeven | 17.7% | 7.1% |
| Time to Breakeven | 69 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -23.7% | -24.5% |
| % Gain to Breakeven | 31.1% | 32.4% |
| Time to Breakeven | 274 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -49.4% | -33.7% |
| % Gain to Breakeven | 97.7% | 50.9% |
| Time to Breakeven | 125 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -16.1% | -19.2% |
| % Gain to Breakeven | 19.3% | 23.8% |
| Time to Breakeven | 53 days | 105 days |
In The Past
Plexus's stock fell -20.8% during the 2025 US Tariff Shock. Such a loss loss requires a 26.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | PLXS | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -20.8% | -18.8% |
| % Gain to Breakeven | 26.3% | 23.1% |
| Time to Breakeven | 156 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -23.7% | -24.5% |
| % Gain to Breakeven | 31.1% | 32.4% |
| Time to Breakeven | 274 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -49.4% | -33.7% |
| % Gain to Breakeven | 97.7% | 50.9% |
| Time to Breakeven | 125 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -23.2% | -12.2% |
| % Gain to Breakeven | 30.3% | 13.9% |
| Time to Breakeven | 59 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -28.4% | -6.8% |
| % Gain to Breakeven | 39.7% | 7.3% |
| Time to Breakeven | 93 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -30.0% | -17.9% |
| % Gain to Breakeven | 42.9% | 21.8% |
| Time to Breakeven | 95 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -31.8% | -15.4% |
| % Gain to Breakeven | 46.6% | 18.2% |
| Time to Breakeven | 1205 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -62.1% | -53.4% |
| % Gain to Breakeven | 163.9% | 114.4% |
| Time to Breakeven | 219 days | 1085 days |
In The Past
Plexus's stock fell -20.8% during the 2025 US Tariff Shock. Such a loss loss requires a 26.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Plexus (PLXS)
```html
Plexus Corp. (PLXS) is a global provider of electronic manufacturing services (EMS). The company assists other businesses across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions in developing, producing, and maintaining their electronic products.
Plexus offers an end-to-end suite of services designed to support the entire lifecycle of complex electronic devices. These services include initial design and development, optimizing supply chain management, facilitating new product introductions, providing full-scale manufacturing solutions, and offering aftermarket services such as repairs and maintenance.
The company primarily caters to customers in specialized and often highly regulated market sectors. Its main customer segments include healthcare/life sciences, industrial/commercial, aerospace/defense, and communications. These diverse industries rely on Plexus for its expertise in delivering high-quality, reliable electronic solutions.
```AI Analysis | Feedback
Plexus is like a specialized Foxconn, building complex electronic products for medical, aerospace, and industrial companies.
Plexus is like the TSMC of complete electronic systems, designing and manufacturing intricate devices for other brands in sectors like healthcare and defense.
AI Analysis | Feedback
- Design and Development Solutions: Provides engineering expertise to design and develop electronic products for clients.
- Supply Chain Solutions: Manages the sourcing, procurement, and logistics of materials and components for electronic manufacturing.
- New Product Introduction Solutions: Supports clients in bringing new electronic products to market, from prototyping to initial production.
- Manufacturing Solutions: Offers contract manufacturing services for a wide range of electronic products.
- Aftermarket Services: Provides post-production support including repairs, warranty management, and product lifecycle services.
AI Analysis | Feedback
Major Customers of Plexus Corp. (PLXS)
Plexus Corp. operates primarily as a business-to-business (B2B) service provider, offering electronic manufacturing services and solutions to other companies. Due to the highly competitive nature of the electronic manufacturing services (EMS) industry and standard confidentiality agreements with its clients, Plexus Corp. does not publicly disclose the specific names of its major customers in its financial filings or public communications.
However, the company specifies that its customer companies operate within the following key market sectors:
- Healthcare/Life Sciences
- Industrial/Commercial
- Aerospace/Defense
- Communications
Plexus focuses on serving market-leading companies within these sectors, providing comprehensive solutions for highly complex products, including design and development, supply chain management, new product introduction, manufacturing, and aftermarket services.
AI Analysis | Feedback
null
AI Analysis | Feedback
Todd Kelsey, President & Chief Executive Officer
Todd Kelsey joined Plexus in 1994 as a Design Engineer and has held numerous leadership roles within the company, including Executive Vice President and Chief Operating Officer, and Senior Vice President of Engineering Solutions, before assuming his current position as President and Chief Executive Officer in 2016. He has also served as an independent director of Steelcase Inc., a publicly traded company, since 2017, and chairs its Audit Committee.
Patrick Jermain, Executive Vice President & Chief Financial Officer
Patrick Jermain has served as Plexus' Chief Financial Officer since May 2014 and as Senior Vice President since 2015, also holding the role of Principal Accounting Officer. He joined Plexus in 2010 as Corporate Controller. Prior to joining Plexus, Mr. Jermain served as Principal Accounting Officer, Corporate Controller, and Assistant Treasurer of Paperweight Development Corp. and Appvion, Inc. He also held positions as Vice President of Finance for Banta Corporation's Book Group Division and Corporate Controller at Banta Corporation, and began his career in public accounting with Price Waterhouse.
Oliver Mihm, Executive Vice President & Chief Operating Officer
Oliver Mihm is the Executive Vice President and Chief Operating Officer at Plexus, responsible for overseeing global operations. He joined Plexus as an engineer and has held various leadership roles, including Senior Vice President of Global Engineering Solutions, Market Sector Vice President of Industrial/Commercial, and Regional President of EMEA.
Steven J. Frisch, President & Chief Strategy Officer
Steven J. Frisch was appointed President and Chief Strategy Officer in 2022. He joined Plexus in 1990 as a design engineer and has held multiple executive positions, including Executive Vice President and Chief Operating Officer, Executive Vice President and Chief Customer Officer, and Regional President of EMEA.
Angelo Ninivaggi, Executive Vice President, Chief Legal and Public Affairs Officer & Secretary
Angelo Ninivaggi joined Plexus in 2002 as Director of Legal Services. He has served as General Counsel, Corporate Compliance Officer, and Secretary since 2006, and was promoted to Chief Administrative Officer in 2013. Before his tenure at Plexus, he was Associate General Counsel of Micron Electronics, Inc. and Executive Vice President and General Counsel of MCMS Inc., and started his career at the law firm Weil, Gotshal & Manges.
AI Analysis | Feedback
The key risks to Plexus's business include:
1. **Supply Chain Disruptions and Component Shortages:** Plexus, operating within the electronics manufacturing services (EMS) industry, faces an inherent risk from component shortages and disruptions in its global supply chain. This can be caused by various factors, including labor shortages at suppliers. The availability and pricing of components, which range from standard to highly customized, are critical to Plexus's operations, and shortages have been a recurring issue for the company and the industry.
2. **Customer Concentration Risk:** A significant portion of Plexus Corp.'s revenue is concentrated among its top customers. Approximately 50% of its net sales are tied to its ten largest customers, exposing the company to considerable risk if there are order pushouts, contract delays, or changes in business relationships with these key clients.
3. **Competitive and Financial Performance Pressures:** The EMS industry is highly competitive, demanding continuous innovation and cost reduction from participants like Plexus Corp.. This competitive environment, coupled with rising costs, has led to a slight decrease in gross margin despite sales growth, indicating potential challenges in cost management. Furthermore, Plexus has experienced tepid long-term revenue growth, mediocre free cash flow margins, and declining returns on invested capital (ROIC) over recent years, which can limit reinvestment potential and impact shareholder returns.
AI Analysis | Feedback
null
AI Analysis | Feedback
Plexus (PLXS) operates in the electronic manufacturing services (EMS) sector, providing design, manufacturing, and aftermarket services to various markets.
- Healthcare/Life Sciences: The global Electronic Manufacturing Services for Healthcare and Medical Devices Market was valued at USD 63.84 billion in 2026 and is projected to reach USD 89.97 billion by 2031, growing at a CAGR of 7.10%.
- Aerospace/Defense: The global Aerospace and Defense Electronic Manufacturing Services Market was valued at approximately USD 68.1 billion in 2024 and is expected to grow to USD 69.8 billion in 2025.
- Communications: The global telecom electronic manufacturing services market size was valued at USD 220.92 billion in 2025 and is projected to exceed USD 414.7 billion by 2035, with a CAGR of more than 6.5% between 2026 and 2035. Another report states the global market size for telecom electronic manufacturing services was USD 210.1 billion in 2023 and is expected to reach USD 430.1 billion by 2033.
- Industrial/Commercial: Specific market size for the "Industrial/Commercial" segment within the electronic manufacturing services market is not clearly delineated in the provided search results with a specific monetary value. The industrial market ranks fourth in size for electronics product assembly globally.
AI Analysis | Feedback
Expected Drivers of Future Revenue Growth for Plexus (PLXS)
Plexus (PLXS) is positioned for future revenue growth over the next 2-3 years, driven by several key factors:
- Strong Program Ramps and Market Share Gains: Plexus anticipates continued revenue growth through the successful ramping of new manufacturing programs and ongoing market share gains across all its market sectors. The company's strategic focus on delivering customer success and a robust pipeline of qualified manufacturing opportunities, including a diverse funnel of manufacturing opportunities and the third-largest engineering solutions funnel in its history, underpin this driver.
- Increased Demand in Key End Markets: Growth is expected from strong market conditions and increased demand in specific sectors. Notably, the Healthcare/Life Sciences and Aerospace/Defense sectors are experiencing significant program ramps and strong year-over-year revenue growth. Additionally, improved demand in the semi-cap (semiconductor capital equipment) market is also anticipated to contribute to revenue expansion.
- Expansion of Manufacturing Footprint and Advanced Capabilities: Plexus is actively investing in its operational infrastructure and technological capabilities to support future growth. This includes the expansion of its manufacturing footprint with new facilities in Malaysia and Thailand, which are expected to contribute significant revenue potential. Furthermore, ongoing investments in talent, technology, and advanced capabilities, such as automation and AI, aim to enhance operational efficiency and drive sustained revenue growth.
- Robust Funnel of Qualified Opportunities: The company maintains a strong and diverse funnel of qualified manufacturing opportunities, which is consistently being replenished with new program wins. These new program awards, such as the 22 manufacturing program wins in fiscal Q1 2026 estimated to contribute $283 million in annualized revenues, provide a solid foundation for future top-line expansion as they fully ramp into production.
AI Analysis | Feedback
Share Repurchases
- Plexus repurchased $65.0 million of its shares during fiscal year 2025.
- As of the end of fiscal year 2025, $85.0 million remained available under a $100.0 million share repurchase authorization.
- In the first quarter of fiscal year 2026, Plexus repurchased $22.4 million of stock, with $62.6 million remaining under authorization.
Share Issuance
- Plexus's shares outstanding have generally declined, with 0.028 billion shares outstanding in 2025 and 0.029 billion in 2021, indicating net repurchases rather than significant issuance.
Capital Expenditures
- Capital expenditures for fiscal year 2025 were $95.2 million.
- Plexus's capital expenditures were $95 million in 2024, $104 million in 2023, $102 million in 2022, and $57 million in 2021.
- The company anticipates robust fiscal 2026 free cash flow of approximately $100 million and expects increased investments to support future revenue growth and operational efficiency initiatives.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 212.74 |
| Mkt Cap | 21.3 |
| Rev LTM | 14,179 |
| Op Inc LTM | 1,040 |
| FCF LTM | 556 |
| FCF 3Y Avg | 383 |
| CFO LTM | 1,023 |
| CFO 3Y Avg | 627 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.9% |
| Rev Chg 3Y Avg | 0.0% |
| Rev Chg Q | 20.9% |
| QoQ Delta Rev Chg LTM | 4.7% |
| Op Inc Chg LTM | 24.9% |
| Op Inc Chg 3Y Avg | 9.2% |
| Op Mgn LTM | 5.2% |
| Op Mgn 3Y Avg | 4.9% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 6.2% |
| CFO/Rev 3Y Avg | 5.8% |
| FCF/Rev LTM | 3.8% |
| FCF/Rev 3Y Avg | 3.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 21.3 |
| P/S | 1.2 |
| P/Op Inc | 26.5 |
| P/EBIT | 29.1 |
| P/E | 38.4 |
| P/CFO | 21.7 |
| Total Yield | 2.7% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 4.8% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -19.7% |
| 3M Rtn | -6.0% |
| 6M Rtn | 24.5% |
| 12M Rtn | 81.7% |
| 3Y Rtn | 207.1% |
| 1M Excs Rtn | -18.9% |
| 3M Excs Rtn | -9.1% |
| 6M Excs Rtn | 23.7% |
| 12M Excs Rtn | 64.7% |
| 3Y Excs Rtn | 149.0% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Single Segment | 4,033 | 3,961 | 4,210 | 3,811 | 3,369 |
| Total | 4,033 | 3,961 | 4,210 | 3,811 | 3,369 |
| $ Mil | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|
| APAC | 160 | 136 | 116 | 102 |
| AMER | 69 | 75 | 71 | 91 |
| EMEA | -8 | -12 | -3 | -2 |
| Corporate and other costs | -105 | -98 | -87 | |
| Corporate | -87 | |||
| Total | 115 | 101 | 97 | 104 |
| $ Mil | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|
| APAC | 1,012 | 881 | 829 | 772 |
| AMER | 573 | 521 | 423 | 401 |
| EMEA | 128 | 136 | 112 | 88 |
| Corporate and other costs | -11 | 70 | 84 | |
| Corporate | 147 | |||
| Total | 1,702 | 1,609 | 1,448 | 1,408 |
Price Behavior
Price Behavior
| Market Price | $241.99 | |
| Market Cap ($ Bil) | 6.5 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -20.4% | |
| 50 Days | 200 Days | |
| DMA Price | $269.94 | $206.67 |
| DMA Trend | up | up |
| Distance from DMA | -10.4% | 17.1% |
| 3M | 1YR | |
| Volatility | 41.7% | 40.1% |
| Downside Capture | 228.21 | 135.18 |
| Upside Capture | 180.92 | 184.24 |
| Correlation (SPY) | 48.4% | 54.5% |
PLXS Betas & Captures as of 6/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.50 | 1.52 | 1.37 | 1.50 | 1.69 | 1.25 |
| Up Beta | -0.53 | -0.43 | 0.89 | 1.15 | 1.53 | 1.23 |
| Down Beta | 1.80 | 1.19 | 1.81 | 2.33 | 2.33 | 1.33 |
| Up Capture | 303% | 294% | 220% | 259% | 275% | 247% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 12 | 22 | 38 | 73 | 140 | 407 |
| Down Capture | 123% | 180% | 101% | 68% | 110% | 103% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 8 | 18 | 24 | 51 | 109 | 341 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PLXS | |
|---|---|---|---|---|
| PLXS | 88.8% | 40.0% | 1.68 | - |
| Sector ETF (XLK) | 33.8% | 25.6% | 1.10 | 58.4% |
| Equity (SPY) | 17.8% | 12.9% | 1.01 | 54.0% |
| Gold (GLD) | 23.3% | 28.1% | 0.73 | 18.1% |
| Commodities (DBC) | 29.4% | 19.7% | 1.19 | -4.0% |
| Real Estate (VNQ) | 12.7% | 13.9% | 0.62 | 15.6% |
| Bitcoin (BTCUSD) | -46.2% | 42.9% | -1.32 | 23.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PLXS | |
|---|---|---|---|---|
| PLXS | 23.6% | 33.1% | 0.70 | - |
| Sector ETF (XLK) | 19.0% | 25.7% | 0.66 | 53.7% |
| Equity (SPY) | 12.7% | 17.1% | 0.57 | 54.5% |
| Gold (GLD) | 17.4% | 18.4% | 0.76 | 11.6% |
| Commodities (DBC) | 9.0% | 19.5% | 0.35 | 11.8% |
| Real Estate (VNQ) | 2.8% | 18.9% | 0.05 | 36.3% |
| Bitcoin (BTCUSD) | 14.5% | 53.3% | 0.45 | 20.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PLXS | |
|---|---|---|---|---|
| PLXS | 18.3% | 32.9% | 0.59 | - |
| Sector ETF (XLK) | 23.9% | 24.9% | 0.87 | 53.4% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 57.1% |
| Gold (GLD) | 11.6% | 16.1% | 0.59 | 8.0% |
| Commodities (DBC) | 7.2% | 18.0% | 0.32 | 20.5% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 42.1% |
| Bitcoin (BTCUSD) | 57.8% | 66.2% | 0.98 | 16.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 7/29/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/29/2026 | -0.0% | 5.8% | 7.1% |
| 1/28/2026 | 9.3% | 8.5% | 7.3% |
| 10/22/2025 | 2.6% | -4.5% | -9.1% |
| 7/23/2025 | -11.6% | -4.5% | -2.5% |
| 4/23/2025 | -1.4% | -3.7% | 2.6% |
| 1/22/2025 | -10.1% | -15.9% | -19.4% |
| 10/23/2024 | 6.9% | 8.1% | 17.7% |
| 7/24/2024 | 11.6% | 10.3% | 6.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 13 | 15 |
| # Negative | 15 | 11 | 9 |
| Median Positive | 6.4% | 5.8% | 7.1% |
| Median Negative | -3.8% | -4.5% | -3.4% |
| Max Positive | 11.6% | 12.8% | 19.7% |
| Max Negative | -17.1% | -15.9% | -19.4% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/29/2026 | -0.0% | 5.8% | 7.1% |
| 1/28/2026 | 9.3% | 8.5% | 7.3% |
| 10/22/2025 | 2.6% | -4.5% | -9.1% |
| 7/23/2025 | -11.6% | -4.5% | -2.5% |
| 4/23/2025 | -1.4% | -3.7% | 2.6% |
| 1/22/2025 | -10.1% | -15.9% | -19.4% |
| 10/23/2024 | 6.9% | 8.1% | 17.7% |
| 7/24/2024 | 11.6% | 10.3% | 6.8% |
| 4/24/2024 | 3.6% | 6.9% | 16.5% |
| 1/24/2024 | -4.3% | -4.0% | -3.4% |
| 10/25/2023 | 7.6% | 12.8% | 19.7% |
| 7/26/2023 | -3.5% | -4.7% | -2.6% |
| 4/26/2023 | -0.5% | -1.6% | 2.0% |
| 1/25/2023 | -17.1% | -11.8% | -15.1% |
| 10/26/2022 | -0.7% | 3.7% | 12.3% |
| 7/27/2022 | 2.7% | 5.4% | 9.0% |
| 4/27/2022 | 6.4% | 8.9% | 6.4% |
| 1/26/2022 | -5.8% | -0.8% | 3.1% |
| 10/27/2021 | -6.2% | -0.7% | -8.0% |
| 7/21/2021 | -2.7% | 0.2% | -1.9% |
| 4/21/2021 | -3.8% | 0.1% | 6.3% |
| 1/20/2021 | -5.6% | -10.0% | -1.5% |
| 10/28/2020 | -1.1% | 1.7% | 11.2% |
| 7/22/2020 | 4.5% | 1.7% | 5.2% |
| SUMMARY STATS | |||
| # Positive | 9 | 13 | 15 |
| # Negative | 15 | 11 | 9 |
| Median Positive | 6.4% | 5.8% | 7.1% |
| Median Negative | -3.8% | -4.5% | -3.4% |
| Max Positive | 11.6% | 12.8% | 19.7% |
| Max Negative | -17.1% | -15.9% | -19.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/05/2026 | 10-Q |
| 09/30/2025 | 11/14/2025 | 10-K |
| 06/30/2025 | 08/01/2025 | 10-Q |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 11/15/2024 | 10-K |
| 06/30/2024 | 08/02/2024 | 10-Q |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/02/2024 | 10-Q |
| 09/30/2023 | 11/17/2023 | 10-K |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 04/26/2023 | 10-Q |
| 12/31/2022 | 02/03/2023 | 10-Q |
| 09/30/2022 | 11/18/2022 | 10-K |
| 06/30/2022 | 08/05/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/05/2026 | 10-Q |
| 09/30/2025 | 11/14/2025 | 10-K |
| 06/30/2025 | 08/01/2025 | 10-Q |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 11/15/2024 | 10-K |
| 06/30/2024 | 08/02/2024 | 10-Q |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/02/2024 | 10-Q |
| 09/30/2023 | 11/17/2023 | 10-K |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 04/26/2023 | 10-Q |
| 12/31/2022 | 02/03/2023 | 10-Q |
| 09/30/2022 | 11/18/2022 | 10-K |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 02/04/2022 | 10-Q |
| 09/30/2021 | 11/19/2021 | 10-K |
| 06/30/2021 | 08/06/2021 | 10-Q |
| 03/31/2021 | 05/07/2021 | 10-Q |
| 12/31/2020 | 02/05/2021 | 10-Q |
| 09/30/2020 | 11/20/2020 | 10-K |
| 06/30/2020 | 08/07/2020 | 10-Q |
| 03/31/2020 | 05/08/2020 | 10-Q |
| 12/31/2019 | 02/07/2020 | 10-Q |
| 09/30/2019 | 11/15/2019 | 10-K |
| 06/30/2019 | 08/02/2019 | 10-Q |
Recent Forward Guidance
Updated 7/30/2026Latest: Q3 2026 Earnings Reported 7/29/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2026 Revenue | 1.33 Bil | 1.35 Bil | 1.38 Bil | ||||
| Q4 2026 Operating margin | 5.5% | 5.7% | 5.9% | ||||
| Q4 2026 Diluted EPS | 2.18 | 2.26 | 2.34 | ||||
| Q4 2026 Adjusted operating margin | 6.1% | 6.3% | 6.5% | ||||
| Q4 2026 Adjusted EPS | 2.47 | 2.55 | 2.63 | ||||
| 2026 Revenue Growth | 20.0% | ||||||
| 2027 Revenue Growth | 9.0% | 10.5% | 12.0% | ||||
Prior: Q2 2026 Earnings Reported 4/29/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Revenue | 1.20 Bil | 1.23 Bil | 1.25 Bil | 8.4% | Higher New | Guidance: 1.13 Bil for Q2 2026 | |
| Q3 2026 Operating margin | 4.1% | 4.3% | 4.5% | -0.8% | Lower New | Guidance: 5.1% for Q2 2026 | |
| Q3 2026 Diluted EPS | 1.25 | 1.33 | 1.41 | -17.1% | Lower New | Guidance: 1.6 for Q2 2026 | |
| Q3 2026 Adjusted operating margin | 5.9% | 6.1% | 6.3% | 0.3% | Higher New | Guidance: 5.8% for Q2 2026 | |
| Q3 2026 Adjusted EPS | 2.02 | 2.1 | 2.18 | 12.0% | Higher New | Guidance: 1.88 for Q2 2026 | |
| 2026 Free Cash Flow | 50.00 Mil | 62.50 Mil | 75.00 Mil | -37.5% | Lowered | Guidance: 100.00 Mil for 2026 | |
Q1 2026 Earnings Reported 1/28/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 1.11 Bil | 1.13 Bil | 1.15 Bil | 5.6% | Higher New | Guidance: 1.07 Bil for Q1 2026 | |
| Q2 2026 Operating Margin | 4.9% | 5.1% | 5.3% | 0 | Same New | Guidance: 5.1% for Q1 2026 | |
| Q2 2026 Diluted EPS | 1.53 | 1.6 | 1.68 | 8.8% | Higher New | Guidance: 1.48 for Q1 2026 | |
| Q2 2026 Adjusted Operating Margin | 5.6% | 5.8% | 6.0% | 0 | Same New | Guidance: 5.8% for Q1 2026 | |
| Q2 2026 Adjusted EPS | 1.8 | 1.88 | 1.95 | 8.1% | Higher New | Guidance: 1.74 for Q1 2026 | |
| 2026 Free Cash Flow | 100.00 Mil | 0 | Affirmed | Guidance: 100.00 Mil for 2026 | |||
Q4 2025 Earnings Reported 10/22/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 1.05 Bil | 1.07 Bil | 1.09 Bil | 2.4% | Higher New | Actual: 1.04 Bil for Q4 2025 | |
| Q1 2026 Operating margin | 4.9% | 5.1% | 5.3% | -0.1% | Lower New | Actual: 5.2% for Q4 2025 | |
| Q1 2026 Diluted EPS | 1.4 | 1.48 | 1.55 | -10.3% | Lower New | Actual: 1.65 for Q4 2025 | |
| Q1 2026 Adjusted operating margin | 5.6% | 5.8% | 6.0% | -0.1% | Lower New | Actual: 5.9% for Q4 2025 | |
| Q1 2026 Adjusted EPS | 1.66 | 1.74 | 1.81 | -8.4% | Lower New | Actual: 1.9 for Q4 2025 | |
| 2026 Free Cash Flow | 100.00 Mil | 0 | Same New | Actual: 100.00 Mil for 2025 | |||
Insider Activity
Updated 7/16/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Kelsey, Todd P | President & CEO | Direct | Sell | 7162026 | 260.88 | 1,500 | 391,325 | 17,580,411 | Form |
| 2 | Kelsey, Todd P | President & CEO | Direct | Sell | 6182026 | 294.98 | 1,500 | 442,464 | 20,320,321 | Form |
| 3 | Running, Michael J | Regional President - AMER | Direct | Sell | 6082026 | 272.17 | 510 | 138,804 | 180,990 | Form |
| 4 | Kelsey, Todd P | President & CEO | Direct | Sell | 6042026 | 290.00 | 1,000 | 290,000 | 20,412,520 | Form |
| 5 | Rapp, Karen Marie | Direct | Sell | 6032026 | 270.00 | 500 | 135,000 | 2,169,450 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Kelsey, Todd P | President & CEO | Direct | Sell | 7162026 | 260.88 | 1,500 | 391,325 | 17,580,411 | Form |
| 2 | Kelsey, Todd P | President & CEO | Direct | Sell | 6182026 | 294.98 | 1,500 | 442,464 | 20,320,321 | Form |
| 3 | Running, Michael J | Regional President - AMER | Direct | Sell | 6082026 | 272.17 | 510 | 138,804 | 180,990 | Form |
| 4 | Kelsey, Todd P | President & CEO | Direct | Sell | 6042026 | 290.00 | 1,000 | 290,000 | 20,412,520 | Form |
| 5 | Rapp, Karen Marie | Direct | Sell | 6032026 | 270.00 | 500 | 135,000 | 2,169,450 | Form | |
| 6 | Kelsey, Todd P | President & CEO | Direct | Sell | 5292026 | 274.75 | 1,000 | 274,750 | 19,613,853 | Form |
| 7 | Kelsey, Todd P | President & CEO | Direct | Sell | 5222026 | 252.77 | 1,500 | 379,150 | 18,297,293 | Form |
| 8 | Tan, Victor (pang Hau) | Regional President - APAC | Direct | Sell | 5132026 | 271.23 | 3,000 | 813,700 | 2,836,287 | Form |
| 9 | Ninivaggi, Angelo Michael JR | EVP, Chief Legal & PAO & Secy | Direct | Sell | 5112026 | 264.75 | 3,270 | 865,736 | 4,306,443 | Form |
| 10 | Ninivaggi, Angelo Michael JR | EVP, Chief Legal & PAO & Secy | Direct | Sell | 5112026 | 262.99 | 2,298 | 604,340 | 5,137,681 | Form |
| 11 | Kelsey, Todd P | President & CEO | Direct | Sell | 5062026 | 270.75 | 1,000 | 270,750 | 20,005,176 | Form |
| 12 | Kelsey, Todd P | President & CEO | Direct | Sell | 5062026 | 268.45 | 3,000 | 805,350 | 20,103,684 | Form |
| 13 | Kelsey, Todd P | President & CEO | Direct | Sell | 5062026 | 263.89 | 2,403 | 634,139 | 20,554,232 | Form |
| 14 | Kelsey, Todd P | President & CEO | Direct | Sell | 4162026 | 224.09 | 1,500 | 336,130 | 17,992,145 | Form |
| 15 | Kelsey, Todd P | President & CEO | Direct | Sell | 3192026 | 194.24 | 1,500 | 291,360 | 15,887,084 | Form |
| 16 | Rapp, Karen Marie | Direct | Sell | 3022026 | 195.59 | 500 | 97,795 | 1,669,361 | Form | |
| 17 | Running, Michael J | Regional President - AMER | Direct | Sell | 2272026 | 205.47 | 700 | 143,829 | 241,427 | Form |
| 18 | Martinez, Randy J | Direct | Sell | 2272026 | 203.14 | 1,000 | 203,140 | 1,056,532 | Form | |
| 19 | Mihm, Oliver K | Exec VP & COO | Direct | Sell | 2192026 | 201.40 | 9,541 | 1,921,557 | 2,579,733 | Form |
| 20 | Kelsey, Todd P | President & CEO | Direct | Sell | 2192026 | 195.78 | 5,231 | 1,024,112 | 16,306,495 | Form |
| 21 | Mihm, Oliver K | Exec VP & COO | Direct | Sell | 2192026 | 198.78 | 2,226 | 442,495 | 4,442,845 | Form |
| 22 | Jermain, Patrick John | Exec. VP & CFO | Direct | Sell | 2172026 | 201.12 | 2,321 | 466,806 | 2,928,551 | Form |
| 23 | Zycinski, Frank | Regional President - EMEA | Direct | Sell | 2172026 | 205.99 | 1,399 | Form | ||
| 24 | Tan, Victor (pang Hau) | Regional President - APAC | Direct | Sell | 2102026 | 205.50 | 3,000 | 616,500 | 2,349,892 | Form |
| 25 | Foate, Dean A | Direct | Sell | 2102026 | 205.00 | 10,000 | 2,050,000 | 20,382,945 | Form | |
| 26 | Ninivaggi, Angelo Michael JR | Exec VP, CAO, Gen Coun & Secy | Direct | Sell | 2062026 | 203.06 | 4,303 | 873,767 | 4,081,303 | Form |
| 27 | Jermain, Patrick John | Exec. VP & CFO | Direct | Sell | 2062026 | 204.09 | 3,587 | 732,071 | 3,445,447 | Form |
| 28 | Kelsey, Todd P | President & CEO | Direct | Sell | 2032026 | 205.65 | 8,120 | 1,669,880 | 16,163,698 | Form |
| 29 | Jermain, Patrick John | Exec. VP & CFO | Direct | Sell | 2032026 | 204.01 | 4,841 | 987,612 | 4,175,881 | Form |
| 30 | Running, Michael J | Regional President - AMER | Direct | Sell | 2032026 | 204.92 | 926 | 189,756 | 265,372 | Form |
| 31 | Rapp, Karen Marie | Direct | Sell | 12022025 | 143.47 | 500 | 71,735 | 1,099,698 | Form | |
| 32 | Ninivaggi, Angelo Michael JR | Exec VP, CAO, Gen Coun & Secy | Direct | Sell | 11282025 | 144.93 | 1,347 | 195,222 | 3,122,393 | Form |
| 33 | Mihm, Oliver K | Exec VP & COO | Direct | Sell | 11282025 | 143.18 | 2,327 | 333,180 | 2,640,526 | Form |
| 34 | Jermain, Patrick John | Exec. VP & CFO | Direct | Sell | 11132025 | 143.53 | 2,000 | 287,070 | 2,434,497 | Form |
| 35 | Ninivaggi, Angelo Michael JR | Exec VP, CAO, Gen Coun & Secy | Direct | Sell | 11122025 | 145.28 | 2,500 | 363,193 | 3,035,565 | Form |
| 36 | Mihm, Oliver K | Exec VP & COO | Direct | Sell | 11122025 | 146.11 | 1,748 | 255,405 | 2,806,390 | Form |
| 37 | Kelsey, Todd P | President & CEO | Direct | Sell | 11052025 | 145.10 | 2,000 | 290,200 | 8,519,401 | Form |
| 38 | Kelsey, Todd P | President & CEO | Direct | Sell | 11052025 | 143.50 | 2,000 | 287,000 | 8,712,459 | Form |
| 39 | Kelsey, Todd P | President & CEO | Direct | Sell | 11052025 | 139.12 | 1,500 | 208,680 | 8,724,772 | Form |
| 40 | Jermain, Patrick John | Exec. VP & CFO | Direct | Sell | 10292025 | 142.80 | 1,998 | 285,314 | 2,707,631 | Form |
| 41 | Kelsey, Todd P | President & CEO | Direct | Sell | 10022025 | 143.70 | 1,500 | 215,550 | 9,946,052 | Form |
| 42 | Kelsey, Todd P | President & CEO | Direct | Sell | 9032025 | 134.54 | 1,500 | 201,810 | 9,513,862 | Form |
| 43 | Rapp, Karen Marie | Direct | Sell | 9022025 | 139.00 | 500 | 69,500 | 1,232,235 | Form | |
| 44 | Tan, Victor (pang Hau) | Regional President - APAC | Direct | Sell | 8292025 | 139.00 | 3,000 | 417,000 | 1,212,497 | Form |
| 45 | Jermain, Patrick John | Exec. VP & CFO | Direct | Sell | 8292025 | 137.71 | 2,500 | 344,275 | 2,886,264 | Form |
| 46 | Ninivaggi, Angelo Michael JR | Exec VP, CAO, Gen Coun & Secy | Direct | Sell | 8272025 | 137.78 | 1,576 | 217,133 | 3,374,799 | Form |
| 47 | Mihm, Oliver K | Exec VP & COO | Direct | Sell | 8192025 | 130.43 | 2,102 | 274,164 | 2,759,247 | Form |
| 48 | Jermain, Patrick John | Exec. VP & CFO | Direct | Sell | 8082025 | 130.42 | 2,178 | 284,055 | 3,059,523 | Form |
| 49 | Kelsey, Todd P | President & CEO | Direct | Sell | 8052025 | 125.63 | 1,500 | 188,445 | 9,072,245 | Form |
| 50 | Kelsey, Todd P | President & CEO | Direct | Sell | 7022025 | 134.51 | 1,500 | 201,765 | 9,915,270 | Form |
Investor Activity (13F)
Updated Jul 31, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Electronic Manufacturing Services Resources |
| EMSNOW |
| I-Connect007 |
| Circuits Assembly |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.
Core Cache Last Updated: 7/30/2026