Plexus Corp. (PLXS)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-05
$187.73-9.19%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-11-05
QuarterlyIQ Insights · PLXS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 31.9% |
| Our one-year growth estimate | diamond | 27.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 4.6 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 30 industry peers · Company calendar date is not available
PLXS — credit agreement
Dated 2026-06-08
Entry into a Material Definitive Agreement. On June 5, 2026, Plexus Corp. (the "Company") entered into a Second Amended and Restated Credit Agreement (the "Second Amended and Restated Credit Agreement") by and among the Company, certain of its subsidiaries from time to time party thereto as borrowers (together with the Company, collectively, the “Borrowers”), the lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent (the “Administrative Agent”), which…
Why it matters: This tests whether new program ramps keep growth moving. Management guided to $1.410 billion to $1.460 billion.
Supportive ifQ1 FY2027 revenue is at least $1.410 billion, the low end of guidance.
Worry ifQ1 FY2027 revenue is below $1.410 billion.
Why it matters: The top 10 customers made up 56% of Q4 revenue, up from 54% in Q2. A further rise would show greater customer concentration.
Worry ifTop 10 customers account for more than 56% of revenue in a later quarter.
Less concerning ifTop 10 customers account for 54% or less of revenue in a later quarter.
Why it matters: Plexus linked its growth plans to working capital control. More cash tied up in operations could pressure cash flow.
Worry ifThe reported cash cycle is above 66 days for two straight quarters.
Less concerning ifThe cash cycle stays between 60 and 64 days through two straight quarters.
Why it matters: Plexus used $28.9 million of free cash flow in FY2026. The new target is a clear test of whether cash flow improves.
Supportive ifFY2027 free cash flow is at least $100 million.
Worry ifFY2027 free cash flow is below $100 million, or is negative for the year.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$158 on $10,000 · ±1.6% | How much price usually moves either way. |
| Bad day | $432 loss on $10,000 · 4.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,821 loss on $10,000 · 38.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Plexus set a new goal of 6.5% to 7.0%. Progress toward it would show that growth is adding profit.
Supportive ifA quarterly report shows a non-GAAP operating margin of at least 6.5%.
Worry ifReported quarterly non-GAAP operating margin is below 6.0%. This is the low end of Q1 guidance.