Ruben Roy from Stifel Nicolaus sets a price target of $145 for Plexus Corp. (NASDAQ: PLXS), indicating a potential upside of 15.68%.
The company’s stock currently trades at $125.35, experiencing a minor decrease of 1.43%.
Plexus has seen significant price fluctuations over the past year, with a high of $172.89 and a low of $99.05.
Plexus Corp. (NASDAQ: PLXS) is a company that provides electronics manufacturing services. It operates globally, offering design, engineering, and manufacturing solutions to various industries. The company competes with other electronics manufacturing service providers like Jabil and Flex. On April 24, 2025, Ruben Roy from Stifel Nicolaus set a price target of $145 for PLXS, suggesting a potential upside of 15.68% from its current trading price of $125.35.
During the Q2 2025 earnings conference call, key figures from Plexus, including CEO Todd Kelsey and CFO Pat Jermain, discussed the company’s performance and future outlook. The call also featured participation from several analysts, including Ruben Roy, who set the optimistic price target. The stock’s current price of $125.35 reflects a decrease of 1.43% or $1.82, with a trading range for the day between $122.36 and $128.30.
Plexus has experienced significant price fluctuations over the past year, with a high of $172.89 and a low of $99.05. The company’s market capitalization is approximately $3.39 billion, indicating its size and presence in the industry. The trading volume for the day is 233,978 shares, showing active investor interest in the stock.
The price target set by Ruben Roy suggests confidence in Plexus’s potential for growth. Despite the recent decrease in stock price, the target indicates a belief in the company’s ability to recover and achieve higher valuations. Investors may find this target encouraging, considering the company’s market position and recent performance.
